Bitcoin have more risks than benefits?

[10000usdperbtc]

Playing with bitcoin is the heartbeat! This market experience has been vindicated again recently. After hitting a record high of $2,791 a share on May 24, the price fell as much as 30%, leaving many newbie investors chasing higher prices to lose money. This asset class cannot be specifically categorized by the virtual digital "monster money" magic color, and therefore become stronger.

[sharnel18]

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 as of now is risky for investment thats why some users not take a risk to invest but we all hope for increasing the price soon.

[geegaw]

I don't allow this kind of news to bother me. Bitcoin has great potential and nobody can take that from it. To the people who have been in the  bitcoin world for long, they know how much they have benefited from bitcoin and therefore can decide whether it has more risk than benefit.

I have my own and personal experience with bitcoin. Risk is part of everything we do. Bitcoin give more benefits than risk. I risk sometimes on my investments but God is always good to me all me investments turned out to be profitable.  I never treat bitcoin as a risk because since I started joining this forum I always see bitcoin in possitive way. To those who are members in this forum for a long time can simply click the difference between risk and benifits. This forum will not increase its number of members if bitcoin will give members more risks than benifits.

Well, from what I see from reality, I also feel that bitcoin really brings more benefits than risk, the most credible evidence is that people invest and put money into bitcoin in the past, until now, they have received a huge amount of money. Others, although they only participated in recent times, but they also have earned some profit, the only risk that I see from bitcoin can be the collapse when the price of the bitcoin has been inflated and blown up too high, however, this bubble is still very stable, built very solid and no signs of breakage, risk is almost at the lowest level

[kingkongcorp]

Yes Maybe Currently Bitcoin Has Many Risks But Bitcoin Will Become A Trank Device In All Countries And Bitcoin Will Also Be Very Helpful In The Next Year And In All Countries

[aitrading]

Yes, btc it's a risky investment. But just after some experience you can get a good profit.

[artichandra]

It's true that bitcoin is very risky compared to the benefits that can be if we do not know how to use good bitcoin. Because if we want to use bitcoin you better surf about bitcoin.

[Iconic Love]

It is a  currency and sometimes its price increase or discrease. but moreover people make profit by bitcoin. like whose are doing bounty campaigns. they get bitcoin like amount of dollar..its their fees.for work..and others who stock bitcoin....they invest their money  toto buy bitcoin but didnt sell those whrn price is lower...and when its reaches the profitable place.then they sell all those..and get profit..

[Prifinance]

Good

[tubig123]

We cannot blamed people those in minded bitcoin have more risks than benefits because of some fake news day and day about bitcoin.

[Dudeperfect]

As every invention out there Bitcoin definitely has some pros and cons but to be honest, it is too early to measure the success or failure of Bitcoin considering the pros and cons. We have not yet explored the Bitcoin in the way that Satoshi wanted us to do so naturally we have not explored the real benefits of it as of now. On the other hand, government and other centralised authorities are highlighting risks again and again just to stop us from using decentralized cryptocurrencies because it is something that is taking away the power and control from them.

[Labay]

because of this, it can cause by the cheaper price of bitcoin more.  It encourage people about risks and not the benefits they can get.  Every bad news can dump the price because they believe by the news then in the end that when the price reach some more, they regret because they are not believe by bitcoin.

[coinmarketdaddy]

Everybody should do own research, bitcoin is a very good project and has many advantages. However because of bad news, fud and price speculation now people feel that bitcoin is very risky when bitcoin does not fulfill their expectations to become rich in few days. 

[adrianto1995]

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, I quite agree. Using Bitcoin is very risky. But It depends on people who used it. If you can use Bitcoin wisely, it can give you many benefits for your life. Not just Bitcoin, any kind of investment is has a risk. Make sure before investing you are ready to afford to lose...

[fishball]

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?

Certainly today, a lot of news are stating negative views about bitcoin. But still, bitcoin has much more positive possibilities it can offer.

[Innuend0]

at the right moment have more risks

[kkukkugaga]

risk is important when you want to gain benefits. some things are born really beneficial without exerting too much effort and risk. however, btc is risk and beneficial at the same time. of course when you think of money, wanting it to increase is really a risk. but if you know techniques to lessen the risk, it would be better. this one looks like a business that you need to learn strategies in order to increase your market. it is not easy, but it is not that hard. btc is really profitable despite of being risky, many people proves that already.

[Tagus45]

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?

True, bitcoin has a big risk but bitcoin also has a great advantage, but if you want a big profit of course you have to be prepared with the risks that exist.

[bocyaj]

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?

Kindly check the statement again,they had mentioned benefits too.If you like to succeed in trading,you have to take risk.Risk is not only in trading,but also in the job of people in private sector.At anytime,they may fired.So risk is their in everything.You have to take some risk to get huge dollars as a profit itself.

[adzino]

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?

If you are talking about risks based on investment, then to be honest it is actually a risk worth taking. Just look at the market and its history. The graph speaks for itself. You are investing on a something that will give you a huge profit, then you are also carrying a huge risk.
If he is talking about using daily usage of crypto currency then he might be partially right. Though we are in infant stage, all these trial and errors will help us build a crypto currency which will actually be totally beneficial in all aspects.

[KingScorpio]

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 am telling this since long bitcoin losing its ponzi scheme becomming an only risky asset will then be dropped

Bitcoin may be full of risks and is very volatile, but it does not change the fact that it can generate income, and huge profit at a shorter period of time. If you truly understand how this technology works, how beneficial it is then it's not hard for you to manage risks. It's about accepting the risks, being positive and patient to gain its benefits.

bitcoin doesnt generate any income, except maybe for the miners, but they have been curbed because of the huge tx costs.

regards