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Author Topic: Bitcoin have more risks than benefits?  (Read 3563 times)
AltCoinBuddah
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May 27, 2018, 10:20:23 AM
 #301

Benefit and risk of course in line, the higher the chance of benefit then the higher the risk, the most important is we do not make bitcoin as the main source and investment, making the real business of course more important to maintain security.
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rolerVX
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May 27, 2018, 10:21:06 AM
 #302

Bitcoin doesn't have benefit like health insurance like when. e work on our real job wherein that is part of our benefit, but, in other side, if you take risks on BTC and earn big for it then you have a money bigger than the insurance you can get on your health insurance, that is also a huge gap to boost about Bitcoin.

Of course there is no health benefits because bitcoin did not a normal use as a payment of salary but it deals all about digital. So we couldn't push the possible benefits that we would like to gain with bitcoin.
Saldom12
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May 27, 2018, 10:21:30 AM
 #303

This is an unlikely thing and I do not believe in this news, this is bad news. Bitcoin is at risk, is it because bitcoin is down and will disappear later. That's not going to happen bitcoin will last forever and the benefit is getting big profits.
gesdan
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May 27, 2018, 10:27:09 AM
 #304

they said that bitcoin or cryptocurrencies are not worth it because right now the cryptocurrencies and all of the things that use blockchain is not legal around the world and I think the price of bitcoin is not stable too, this things that make they said that bitcoin and cryptocurrencies are not worth it, maybe someday if bitcoin legal and the price of biotin is stable maybe they will changed their mind about bitcoin

dear53
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May 27, 2018, 11:10:39 AM
 #305

I feel very safe with bitcoin. There are no risk i seen to invest in bitcoin. Day by day bitcoin price is going to ups and ups and more people invest in bitcoin day by day. It is a powerful currency everyone knew very well. Many people change there life with it. Some times bitcoin price going to down and it is the time to buy it. As soon as bitcoin price going to ups and everyone who invest in bitcoin they get a very good profit from it. So i think bitcoin nivestment is a very easy and safe way to get a very good benefits........ Smiley Smiley Smiley Smiley Smiley


Your ever Smiley
faizzeybutt786
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May 27, 2018, 11:17:55 AM
 #306

i dont think so its true if you know the way of trading or know to buy a correct time of coins then u get more benenfit as compare to loss or risk your money.
YzzyGo
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May 27, 2018, 11:19:24 AM
 #307

Much can be said about the down side of using bitcoin but I believe they are just FUDs and trying to decrease its value. Don't give in to these news and let us just continue what we are doing. Every revolutionary technology has been blocked by criticism and this is nothing new.
Mcdacillo
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May 27, 2018, 11:23:08 AM
 #308

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?



For me, bitcoin is a very risky start if you are planning to invest. Since, bitcoin is banned in other country it will be a big effect in terms of having its trust. But also for me, bitcoin has more benefits rather than its risk. Yes, it is risky if you release money but it is not as risky as you know if you are gaining money or bitcoin without releasing any amount of your money. So, I disagree to that thought that bitcoin has more risk than benefits.

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maydna
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May 27, 2018, 11:25:45 AM
 #309

I think every investment has the risk and this is happening too with bitcoin as we use bitcoin for the investment. but as long as we can manage the risk, we can minimize the risk and prevent to get lose from bitcoin. I am sure that besides the risk, our profit will bigger too as we know that bitcoin price is increased and decreased in any time so we need to wise to buy and sell bitcoin and we need to be careful to buy and sell bitcoin itself.
logangbit
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May 27, 2018, 11:38:53 AM
 #310

I am not thinking anything like this. In the modern time in online market bitcoin is one of the trusted name. Millions of people use bitcoin now. They are invest in bitcoin more and more. At first when bitcoin journy was starte a few numbers of people invest there money in bitcoin and now they are going to be millionary people now. Many people change there life with it. With bitcoin i feel very safe. So there is no risk to earn a huge profit from boicoin.
nesty
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May 27, 2018, 11:44:56 AM
 #311

In reality bitcoin is really a very risky investments but if you had invested earlier for sure you had gained more benefits. If you are just starting to learn in investing in bitcoin better yet study first before you decide to invest and make sure that you are ready to face all the risk your going to face. Because right now bitcoin is like a gambling investment for many investors.

Chicryptomama
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May 27, 2018, 11:57:27 AM
 #312

If you can conveniently list the risks and benefits therein in order to educate and enlighten us perhaps I would have had a better grasp of the picture you're trying to create.
Anyways,know that every investments comes with benefits as well as it's associated risks.If you're not fully educated on the subject of investment,better not dabble into it at all
zhopas
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May 27, 2018, 12:01:23 PM
 #313

First of all we know that when you are entering another world that is not familiar on you and you're just new to here, you should know the pros and cons of it. The more the higher you want like investing, the more the higher risky it is. I don't believe that bitcoin is more risky than benefits because as what I can see, bitcoin is really helpful to people especially for those jobless who don't have any hope to have a work. It is also helpful for those businessmen who wants to have a high profit.
hibiscus
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May 27, 2018, 12:02:25 PM
 #314

          Bitcoin has benefits and as well as there is risk in Bitcoin history .Transactions of Bitcoin is done without a third party interference so the transfer of fund is cheap and fast done through internet . Since Bitcoin is a decentralized currency there is no need of third party influence so there is no risk in paying extra money for transfer all over the globe.The risk in Bitcoin is there is limitations in transaction and bitcoin has only a limited number of Bitcoin that can be mined.
Pixmartz
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May 27, 2018, 12:06:43 PM
 #315

This is the currency and sometimes the price rises or decreases. but moreover people make a profit with bitcoin. such as those who do gift campaigns. they get bitcoin like the dollar amount..their cost..to work..and others who stock bitcoin. they invest their money to buy bitcoin but do not sell lower prices. and when it reaches a place advantage. then they sell all that.

This is the cycle that occurs
wasaisisisi
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May 27, 2018, 12:12:19 PM
 #316

If we do not anticipate those risks, maybe that will be more than the income we will get. Because before starting investing in bitcoin we have to see what risks will happen for the future.
aray80
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May 27, 2018, 12:26:19 PM
 #317

The value of Bitcoin is unstable, but many of us are willing to take risks just to get double or triple-digit profits because each investment is risky, so make sure ...
zanhef24
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May 27, 2018, 12:36:12 PM
 #318

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?



We all know that there are many things that can be done with bitcoin but maybe it depends on the person who uses it how to use it and then it does not mean there  friend if some of the disadvantages are said but I think a few.But we have to think first what are the relavant of bitcoin to each of one of us, changing the level of our lives and make transactions faster using bitcoin.
P60
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May 27, 2018, 12:39:02 PM
 #319

I don't agree that Bitcoin have more tisks than benefits. To be honest, Bitcoin have more benefits especially when you do research about it and become knowledgeable. Once you learn everythink about, there's a higher chance to earn huge profit.

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May 27, 2018, 01:09:40 PM
 #320

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?



Bitcoin having more innovation than effects or benefits is just fine. For me it's fine to be more innovative because the time will come where we can get benefits through this innovation

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