Carmen_Sandiego
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January 13, 2017, 11:56:41 PM |
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Risks and benefits are all part of investing or acquiring in any cryptocurrency particularly bitcoin. All we can is to manage the risk and enjoy the benefits the bitcoin that will provide.
Risk management is one of the things that makes a big difference to any investor, I think many users ignore different aspects of it because they do not understand the market, and this can cost money later. One way to manage risk would be first not investing what you can not afford to lose. Another thing that can help lessen the risks is, of course, investing in the right thing, not putting money in quick rich schemes.
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Rishabh riyz
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February 12, 2017, 04:05:35 PM |
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Bitcoin investment involves both benefit and risk. Bitcoin has given huge returns to its investors. At the same time, if your country bans bitcoin suddenly, you would have to suffer huge loss in your investment. Bitcoin price is also volatile. Recently, bitcoin price rose to $1150 and within two days, it fell down to $850.
All sorts of investment have some quantity of risk no matter it is in bitcoins or any other projects Benefits,yah only those who have some real skills can truly make profit out of it According to me buying bitcoins can really turn out to be profitable,as the rates of BTC are going high and maybe it could reach 2000 USD also We cannot always be sure the prices can go down also Starting a business with bitcoins would be a great idea but again we can never be sure ,guys with trading skills and luck can make the best out of it The value keeps on fluctuation
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BrewMaster
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February 12, 2017, 04:21:19 PM |
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i say investing in bitcoin and getting involved with it, is all benefit. we all know that bitcoin is a great thing with even greater future. and the adoption is growing day by day which only means higher prices in the long run. on top of that we know that the supply of bitcoin is very limited so the price can easily go up because how scarce bitcoin is.
with all that said, when you use bitcoin you get lots of other benefits. things such as not needing any banks for using it, or one of my favorites which is the privacy that bitcoin offers. for example when i am using bitcoin to gamble the gambling site doesn't have to know my identity, name,... or credit card number when i use bitcoin.
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There is a FOMO brewing...
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doomloop
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February 12, 2017, 04:24:19 PM |
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Out of all other crypto currencies bitcoin is one of the best investment which you make more profit when it's price increases. Without risk there is no gains in every aspects in my cases, because those who faces risks will gain more profits when the have more patience and dedication.
bitcoin is really a best investment and we know bitcoin is very much profitable currency and you are right that bitcoin price increasing day by day and a lot of people strongly believe in bitcoin and they investing their money in huge amount in bitcoin.
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LeGaulois
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February 12, 2017, 04:26:44 PM |
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Every and each investment can be a risk or a benfit. The fact about if it's about bitcoin doesn't matter. You can invest in real state or anything else you take a risk too. In case of real estate if you buy a house but there is a natural catastrophe you risk to loose the house. And if you say in this case insurances are here to cover the lose then let me tell you that no, rarely covering the 100% invested. Another case cold be a life insurance and the bank goes bankrupt, you risk loosing the investment, and in case you say funds in banks are covered by gov then again, not 100%. Golden rule: don't invest anything you can't afford to lose
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wahb
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February 12, 2017, 07:33:45 PM |
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i say investing in bitcoin and getting involved with it, is all benefit. we all know that bitcoin is a great thing with even greater future. and the adoption is growing day by day which only means higher prices in the long run. on top of that we know that the supply of bitcoin is very limited so the price can easily go up because how scarce bitcoin is.
with all that said, when you use bitcoin you get lots of other benefits. things such as not needing any banks for using it, or one of my favorites which is the privacy that bitcoin offers. for example when i am using bitcoin to gamble the gambling site doesn't have to know my identity, name,... or credit card number when i use bitcoin.
i will like to say that where risk is more there is more money. your profit depending on the risk you are taking to invest your money in bitcoin. i think not only trading but all kind of investment and trading are risky. where there is always a chance of losing money. but without taking risk we cannot make money at all. if we want to make money we must take risk.
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Colt22
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February 12, 2017, 07:50:05 PM |
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For me it is all the benefits and there is no any risk according to my views as I do not think that btcoin will now collapse and do not think that if governments will impose tax then we will face issues and the tax will not be that much higher for bitcoin. It will have more benefits in the coming future if governments adopt it.
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audaciousbeing
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February 12, 2017, 08:23:41 PM |
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-Benefits is you may use that bitcoin to invest in other Bitcoin services and invest bitcoin is safe,profit good -Risk is that Bitcoin collapses and if countries and government accept Bitcoin, Bitcoin will have tax, your computer can be hacked What’s your opinion?
Every investment comes with its own risk and bitcoin itself is not an exception but at the same time one needs to understand that risk and benefit works together as the higher the risk, the higher the return so it now boils down to the individual making the investment decision if he is ready for the benefit, then he should be ready for the right amount of the risk attached as such. And I am sure quite a number of people understands that as even keeping btc in your wallet, comes with its own risk.
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upsidedown75
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February 12, 2017, 08:34:49 PM |
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For me it is all the benefits and there is no any risk according to my views as I do not think that btcoin will now collapse and do not think that if governments will impose tax then we will face issues and the tax will not be that much higher for bitcoin. It will have more benefits in the coming future if governments adopt it.
Even bitcoin collapses, it will bounce back very quickly as it had done in the past. So, the risks associated with bitcoin investments are always zero and the benefits we can expect from the investments would be unlimited. In my experiences, bitcoin investments are once in life time opportunity. We must make use of it.
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dothebeats
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February 12, 2017, 08:43:30 PM |
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There is a big risk associated with investing in bitcoins but overall the reward is greater than the said risks. Not only will you gain money along the way but also you will have deeper understanding of how banking works and how does things play in the larger picture of the economic scene.
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1Referee
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February 12, 2017, 08:59:14 PM |
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There is a big risk associated with investing in bitcoins but overall the reward is greater than the said risks.
It depends on whether or not you bought at prices far below current levels and kept holding. Moment of entering and leaving the market is key. Not everyone manages to walk out with money. It all depends on how well you are able to analyze the market, and manage to anticipate on whatever situation. Not only will you gain money along the way but also you will have deeper understanding of how banking works and how does things play in the larger picture of the economic scene.
You sure? There are a few active members here that actually know what they are talking about, but the far majority of the people just repeat the same gibberish posted by others that we keep seeing constantly here in this forum. I haven't seen any actual improvement throughout the years I am registered here. It's probably because their target is just to earn bits instead of learning and participating in discussions.
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mrkevio
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February 12, 2017, 09:46:24 PM |
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For me it is all the benefits and there is no any risk according to my views as I do not think that btcoin will now collapse and do not think that if governments will impose tax then we will face issues and the tax will not be that much higher for bitcoin. It will have more benefits in the coming future if governments adopt it.
Even bitcoin collapses, it will bounce back very quickly as it had done in the past. So, the risks associated with bitcoin investments are always zero and the benefits we can expect from the investments would be unlimited. In my experiences, bitcoin investments are once in life time opportunity. We must make use of it. It's not a 0-risk zone. Any investment is a risk. Just because the price is fluctuating but always recovered doesn't mean anything. The price can always collapse, even if the chances are small. You can also invest when the price reaches $10.000, for example, and then the price suddenly goes down and gets stable at around $2k. Anything is possible. Bitcoin investments are risky too.
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Gameroid
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February 12, 2017, 10:11:52 PM |
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For me it is all the benefits and there is no any risk according to my views as I do not think that btcoin will now collapse and do not think that if governments will impose tax then we will face issues and the tax will not be that much higher for bitcoin. It will have more benefits in the coming future if governments adopt it.
Even bitcoin collapses, it will bounce back very quickly as it had done in the past. So, the risks associated with bitcoin investments are always zero and the benefits we can expect from the investments would be unlimited. In my experiences, bitcoin investments are once in life time opportunity. We must make use of it. yes we have good experience in previous days, when bitcoin dropped to a low level and then recover. some days before the price dropped to 940 USD and now again it is trading above 1000 USD. so it is a fact that there is no risk in trading bitcoin because if the price will fell down to a low level it will even recover its position very soon.
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deadpoolx
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February 12, 2017, 10:19:34 PM |
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For me it is all the benefits and there is no any risk according to my views as I do not think that btcoin will now collapse and do not think that if governments will impose tax then we will face issues and the tax will not be that much higher for bitcoin. It will have more benefits in the coming future if governments adopt it.
Even bitcoin collapses, it will bounce back very quickly as it had done in the past. So, the risks associated with bitcoin investments are always zero and the benefits we can expect from the investments would be unlimited. In my experiences, bitcoin investments are once in life time opportunity. We must make use of it. yes we have good experience in previous days, when bitcoin dropped to a low level and then recover. some days before the price dropped to 940 USD and now again it is trading above 1000 USD. so it is a fact that there is no risk in trading bitcoin because if the price will fell down to a low level it will even recover its position very soon. This is the impression one can have in analyzing the results of the past few years, because most of the people who have been holding have had the opportunity to recover their initial investment. But when you study technical aspects, you will realize that even Bitcoin has its problems, especially problems related to scalability, which will become more visible when the currency reaches a larger number of people, making transactions every day. The upside is that there are already solutions to this problem.
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Yakamoto
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February 12, 2017, 10:43:03 PM |
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Bitcoin investing, when done right, is definitely a huge way to make a fair amount of money. It does take some prior observation and there is a fair amount of timing required, so there is a luck component, however it can definitely yield nice returns.
You never have to forcefully go long on Bitcoin either, shorts work fine too.
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PhilPrime
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February 13, 2017, 12:20:57 AM |
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Bitcoin investing, when done right, is definitely a huge way to make a fair amount of money. It does take some prior observation and there is a fair amount of timing required, so there is a luck component, however it can definitely yield nice returns.
You never have to forcefully go long on Bitcoin either, shorts work fine too.
Right investing were only based depending on how we transact and made research on the investing company. If we find the right one then were on beneficial side but if we got dump then we better learn our lesson.
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BeGoods
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February 13, 2017, 12:34:27 AM |
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For me it is all the benefits and there is no any risk according to my views as I do not think that btcoin will now collapse and do not think that if governments will impose tax then we will face issues and the tax will not be that much higher for bitcoin. It will have more benefits in the coming future if governments adopt it.
I think the risks and benefits will always coincide. it depends on the patience, skill, etc. if you are not good at managing bitcoin then will you produce a risk that,
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Doms
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February 13, 2017, 01:03:08 AM |
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I believe in diversification of investments that is why I try as much to put my eggs in different baskets. I have a little of my money in bitcoin, some in stocks, mutual funds, and in our company savings association. I am still looking for other forms so I can further broaden and spread my risks and profit potentials, as well.
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(altair)
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February 13, 2017, 01:10:56 AM |
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-Benefits is you may use that bitcoin to invest in other Bitcoin services and invest bitcoin is safe,profit good -Risk is that Bitcoin collapses and if countries and government accept Bitcoin, Bitcoin will have tax, your computer can be hacked What’s your opinion?
There are lots of investment out there for bitcoin but they are just a bunch of scams and only few of them are legit, So I think investment is also on the risk not on the benefits.
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Vaskiy
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February 13, 2017, 01:44:32 AM |
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For me it is all the benefits and there is no any risk according to my views as I do not think that btcoin will now collapse and do not think that if governments will impose tax then we will face issues and the tax will not be that much higher for bitcoin. It will have more benefits in the coming future if governments adopt it.
I think the risks and benefits will always coincide. it depends on the patience, skill, etc. if you are not good at managing bitcoin then will you produce a risk that, The risk of investing with bitcoin is always a better option. To some level it depends upon the skill, patience and so on, but something very important is the country you reside. If the country is with plans of opposing then the risk will be always high.
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