Bitcoin have more risks than benefits?

[stely41]

Very business have it own risk but the risk involved in bitcoin is the wallet hacking,trace of transaction ,and but this will not have to stop out from investing, business is all about risk.

Crypto economics is a way of doing incentivized mechanism design to enable many actors to contribute their resources to validating transactions and securing that network.

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[klavyemaus52]

Yes i can agree that bitcoin have more risky because whales have so much bitcoin they are can sell everytime and they are waiting for 10 k after they selling everything and buying from dip

[faizzeybutt786]

its a rule of any business up and down are the parts every time u cant get profit or not a lose its depend your buying bid or knowledge or pridction about the values.

[Gagamboy]

As we all know, some bounties includes social media campaigns because they know that it is very influential nowadays. Anything can be dessiminated all over the world through social media within just a short span of time. The influence of bitcoin is indeed being spread all around the world with the help of social media and we should take this advantage to spread more knowledge to people about bitcoin.

[MBAPOLIN]

I think some countries that no rick's, but most of country that is rick's bcs government not permit bitcoin.I think I am new user so I am not good knowledge at bitcoin.

[elachious123]

Indeed YES, bitcoin has more risk than benefit, look at what happened early this year, people that bought bitcoin at $15,000 are still crying in pains

[lesya-ya]

Many people need a risk. For them it's like a parachute jump. For them it's a full life !!

[mr.bean865]

Whoever invested in last months of 2017 are badly effected by bitcoin as price of bitcoin now and in DEC 2017 has almost 180 degree change and yes if anyone waits for the price to lower more and then invest then bitcoin will be beneficial for him. So its more about your knowledge and luck then about the specific coin.

[Tiktik]

Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
             https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1


What is your opinion?

In a first place bitcoin and other crypto has no assurance to generate a profit but bitcoin has proven that is good for long term investment I think we need to faith that bitcoin will grow more and spread all the positive news rather than negative news because it also affect the bitcoin price but there long way to go I'm sure bitcoin will grow more.

[dillpicklechips]

Bitcoin are really gives me alot of benefits I don't care of what they are saying in the social media sites that bitcoin are too risky and not worth it. You should experience before you judge and believe those nonsense things. It is normal that investing is too risky we should accept that fact.

[dgross0818]

Chairman of the Bank of Spain Luis María Linde (Luis María Linde), speaking at a meeting with the leaders of the financial industry, noted the potential of blocking technology and pointed to the risks that crypto currencies bear. At present, crypto-currencies represent "more risks than benefits," he added.

[Virtual miner]

Everything has its own advantages and disadvantages. In case of investment sector, disadvantages increase because of uncertainties present there. There is no surety whether you will earn something or not, or might even incur losses. The risk is specifically higher in cryptocurrencies because of huge price fluctuations. There is much news, like this, circulating nowadays, but the truth is that Bitcoin will grow for sure.

[cutecute]

Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
             https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1


What is your opinion?

I think bitcoin have more benefits than risks because there are so many advantages in it just like you can be rich and successful. Other said that there's more risk than benefits just like there's a chance that the money you invest will gone.

[Yudai]

I do believe that it is the other way around the right thing to say is that the Bitcoin has more benefits than risk. Yes there is a risk and it definitely can be aviided but once you overcome it then you can obtain all those benefits.

[Emerge]

if I buy $100 worth of bitcoin and enjoy using the only decentralized currency in the whole world am I taking more risks than benefits? of course not.

you see everything is a matter of perspective. if you are investing all your life savings and taking a loan to invest in bitcoin and a lot of other weird shit then of course the risks are a lot more than the benefits.
but if you are investing some money that you don't want or better yet some money that you were wasting, like if you were smoking, you can invest the money you were wasting on smokes every day to put in bitcoin. that is surely a lot more benefits than the risks.

Totally agree with you. Maybe some people change their perspective with your example.

[Codename23]

Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
             https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1


What is your opinion?

Well, Yes, perhaps bitcoin is now in an extremely risky zone, and can certainly collapse, but I think still this will not happen, and it will only rise and will work for a long time.

Yes it have more risk. You have to risk the amount of token you have so that you can earn. Not knowing the amount ahead. You also need to risk your token even tho you are not sure with the outcome or money that you will recieve.

[Ayaancool]

Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
             https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1


What is your opinion?

Yes ,of course its true. A person who is interested in taking risk can become successful. Therefore, by taking risk, bitcoiners can earn high income through bitcoin.

[jademacoy]

The price of bitcoin will speak the benefits that it offers. As we all know that relatively there are many investors with bitcoin and many are supporting it and love having it. I think the risk is worth taking for when you will be able to earn a good profit in just a few months or it could be even weeks and days. If you know how to play along with the bitcoin market pricec volatility then earning it is possible and good.

[joganuts]

Risk is always there and that is for sure but after all those risk that the holder choose to fight there is a lot of benefit that the holder can get from it.

[Geljames28]

In any investment, risk is always there. That's why do not invest what you can't afford to lose. If you really want to invest, you should accept the risk. But when your investment become successful, huge money will be yours. The decision still depends on you.