mel1978
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January 15, 2018, 09:40:19 AM |
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I heard that investing in bitcoin is dangerous. How true is this? There is advantages and disadvantages of bitcoin. For me the advantages is investing in bitcoins is good when you hold your coins for a long time. This means investing for a long term of period while the disadvantage is that when you joined the high yield investment program of bitcoins or HYIP that you can earn more at the highest interest rate but in the short time it will become scam. So better invest bitcoins by just simply holding it.
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google98
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January 15, 2018, 10:33:41 AM |
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Of course, investing in a Bitcoins is risky, as investing in anything else. The man must know his risk profile well and know how willing he is to risk.
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maianh09
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January 15, 2018, 10:39:35 AM |
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I heard that investing in bitcoin is dangerous. How true is this? Investing in Bitcoin is risky and it really makes us lose money if it gets too high. And many traders are too selfish because when prices go high they see the profits they can get so they sell all of their Bitcoin that causes prices to go down.
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Rubble898zaitO
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January 15, 2018, 10:39:56 AM |
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It is dangerous if you don't know what you are doing. Like investing all you money in bitcoin and buying bitcoin at a high price. Which is much the same as investing in stocks. Or even not protecting your password or private key for your wallet. Which is much the same as your online bank account or credit card. In short, bitcoin is as much a danger as everything we have been doing before.
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onnz423
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January 15, 2018, 10:51:14 AM |
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Bitcoin is approximately as dangerous as carrying around cash in a wallet. If you lose the wallet, or it gets stolen, then your money is probably gone. This is analogous to having your private keys or seed phrase stolen (although this is much more difficult than stealing your cash wallet). If you don't take the time to adequately understand what you're dealing with, you may end up victim to a scam, similar to how telemarketers pray on the unknowing.
Simply this, take your time, understand how the technology works, learn how to protect your assets, and then invest.
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sanjay6121
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January 15, 2018, 11:00:21 AM |
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investing in bitcoin is depend on your judgment weather you want to invest your money for some time or for a whole year or more long term. before taking your final decisoin you can enquiry about it or you can have information from market and after that you can earn money in coming years by getting profit.
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ModaFuka1994
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January 15, 2018, 11:50:46 AM |
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Why are you saying investing in Bitcoin is dangerous?) IMO, let's say investing in Bitcoin is risky. The fact that the Bitcoin exchange rate has been decreasing recently has led to a gradual decline in investment in Bitcoin and more investment in altcoins in the early part of 2018. But I still believe the BTC rate will increase sharply. Expected to exceed $20,000 by the end of 2018
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woshiniubia
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January 15, 2018, 12:36:18 PM |
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Investing in bitcoins must be risky. Investing in anything is risky. You want to be rewarded. You have to take a risk.
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tyuner4
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January 15, 2018, 12:39:26 PM |
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Yes, investing in BTC has some risks. But risks cannot be avoided in all investment. That is why you have to research before investing in any investments.
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samcrypto
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January 15, 2018, 12:45:45 PM |
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Yes, investing in BTC has some risks. But risks cannot be avoided in all investment. That is why you have to research before investing in any investments.
Risk will always be a part of our life, admit it and the only way to survived is to take risk. People are too scared to do so, that is why they remain poor. Bitcoin is a great investment, its high risk but the return is very promising. Investing on bitcoin will become dangerous specially when you know nothing about it, so learn more.
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thunderclup
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January 15, 2018, 01:08:41 PM |
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For me it is risky because you don't know if the price is going up and down so if you want to invest in a long term you should wait the bitcoin price if it is higher but now the bitcoin price is higher so it's better to invest now.in fact you have to take a risk for that investment.
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reck1ess
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January 15, 2018, 01:12:19 PM |
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I heard that investing in bitcoin is dangerous. How true is this? That really depend on where you invest your bitcoin. There are a lot of HYIP out there and there is a really big risk of losing your bitcoin in investing on HYIP sites so if you want to be safe from them, then you should avoid investing on it. There are a lot of danger on losing your bitcoin like losing your private key or sending it to someone you didn't know etc. So invest what you can afford to lose.
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Inside Leak
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January 15, 2018, 01:14:30 PM |
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As I said in another thread:Btc Value will rise very soon respectively now at the moment, buy right now. Next week it will be to late.
Everyone who follows BTC since the last 3 years knows, after a dump, the pump will be much higher.
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ehrz22
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January 15, 2018, 02:08:25 PM |
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I think investing on bitcoin is safe. It is safer than investing on ico. Bitcoin price must be increase day by day and you can get profit. But you need to wait till the price rising. So it is a wise decision to invest on bitcoin.
You have a point, but for me I think some Icos have potentials now so it is still better to invest on some altcoins now compared to btc that is very unstable now. Anyway, there is always a risk when you invest, so better invest what you can afford to lose.
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bololord
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January 15, 2018, 02:11:54 PM |
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Yes it is very dangerous because it has a high volatility, meaning it can rapidly increase or decrease and its very unpredictable in terms of its movement. Due to high demand by mean time, the price starts to hike and when it will happen they will sell their bitcoins and so the price decreases. It is a win or lose situation when you get there, better have datas to study and lots of patience.
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Script3d
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January 15, 2018, 02:19:17 PM |
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if you are investing yes there are risk of losing money when investing there is always risk if you are investing risk is existed everywhere on the crypto world and money too. even investing in ico's there is a risk although its much safer if you got the discount in buying the coins.
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asus09
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January 15, 2018, 04:51:35 PM |
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I heard that investing in bitcoin is dangerous. How true is this? true, investing in bitcoin is quite dangerous and at great risk. but not with a scam or ponzi scheme. bitcoin is knowledge, and involves experience. so you should try to find various knowledge about bitcoin and crypto.
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Magkirap
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January 15, 2018, 06:15:14 PM |
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I heard that investing in bitcoin is dangerous. How true is this? Investing money in to bitcoin is not dangerous. Just plan to invest for long-term that is the secret. The people that invested money in bitcoins 3-5 years ago are now millionaires, that is what you too should plan for. Investing in bitcoin is not dangerous why so many now become millionaire in investing in bitcoin. Bitcoin world is continues increasing they want to join to invest and earn money to become millionaire. It is risky but not dangerous.
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Shiversnow
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January 15, 2018, 06:20:03 PM |
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I heard that investing in bitcoin is dangerous. How true is this? No only rumors, risky but not dangerous. Investing in bitcoin is good fortune for us to become financially stable and successful. There are so many people now want to invest in bitcoin cause they know there money is safe and gain a profit.
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shouter
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January 15, 2018, 06:35:45 PM |
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Of course there are risks when investing in Bitcoin. Note that any investment has risks, and this risk is proportional to the amount you intend to profit (the higher the profit the greater the risk). However, I think Bitcoin has an advantage, because I believe that in the long run, the risk may be very small.
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