Bitcoin have more risks than benefits?

[komisan]

Recently, Bank of Spain announced that investing in crypto has more risks than benefits.
To me, everything in life is risky, there are a lot of risks in different investments all over the world. If you cannot take risk you cannot invest.
There are a lot of risks and benefits associated with bitcoin investment.
My submission is that the benefits in bitcoin outweigh its risks

[laryillary]

Any business knows that foreign exchange assets include some degree of risk. In fact, there are several aspects of day-to-day activities in which company management must constantly assess risks and, based on this, make decisions. Since Bitcoin acts as a certain symbiosis of currency, commodity and property, the risk associated with Bitcoin differs from many of our usual assets.

[Antonina]

Bitcoin is a risky investment for a start. That's why you always hear or read the statement "Do not invest more than you are ready to lose." Because he can just just roll up

[Bitcoinismylife12345]

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?

Right now, its true that bitcoin is a risky thing for everyone especially to those who wants to get earnings in short time. We must wait until it rise up because it has the potential in it to be great in the future and this coin is still profitable even in this situation.

[Stormyblue]

Of course the risks associated with Bitcoin cannot be underestimated but the banking system also has associated risks. The difference is that with banks a group of people forming the corporate manage the bank to minimize the risks and with Bitcoin, the whole Bitcoin community is involved in its management.

[doublecoins]

bitcoin risk are felt for banks more or else they feel the cake pie of banks diverted to Bitcoin and they create panic news and try to keep their investors open accounts

[Ains_sama]

that's right guys, bitcoin has a lot of risk. especially on its value. because it is very volatile. the price does not have a standard because it is determined that it has bitcoin. besides bitcoin is a lot of innovation, they are worried bitcoin will grow for crime. but if bitcoin technology is not managed by good people. then it will happen all. so we must support that bitcoin grows on the good stuff.

[wewe123]

I think bitcoin today in the investment part , the transactions of bitcoin , the payments and other services have no risks , the only risks I have known in bitcoin is the sendindg of tokens and coins to ethereum address,you must be mistaken especially in trading sites, and be careful with your private key that is also the risk of bitcoin.

[lukeclick]

For Every High risk Investment, there is  likelihood of high reward., Bitcoin is just as risky as any business venture, just that the risks involved inn crypto is almost double, but look at the returns , which other business offers you more than double the value of the capital,with BTC its almost a guarantee that you will get back your money if you are patient enough with the coin

[Rinzo]

just like every technology, there are risk associated with bitcoin such as its volatility which makes it impossible to have a stable price at all times. the risk of been hacked but that can be managed if you can be a little more careful by not exposing your private key, making sure you are crediting the right wallet address as the transaction is one directional and cannot be recalled, making sure you are login into the right wallet address. having more than one wallet address can be a good idea so you do not put all your eggs in one basket but the benefits of bitcoin outweighs the risk because it is a decentralised currency so you have absolute control. have a good knowledge and understanding and you will see the benefits

[Larrycool]

The bigger the risk the more the more the 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 to for every necessary development.

[Demughni]

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?

No, I think every investment has risk. I personally prefer bitcoin to invest because I have did it for two long years ago and have got alot benefit. So, I think bitcoin is more benefits than risks.

[amaydel]

That's absolutely a neutral for me it's because bitcoin is volatile by nature. We can't just say that bitcoin will always drop its market value all the time nor we can say that it will rise all the time too. Expect it to be more risky only when bitcoin is in crisis and expect it to give you benefits when it started to rise again too.

[Lucifers]

Of course the bitcoin is full of risks, so if you just want to play with bitcoin better do not. Because it will only make you big loss. First, understand about bitcoin and new you can invest in it.

[zarintasnim]

All kind investment is risky. If you earn good amount you should take risky. About bitcoin is very promising coin and price also good.You can invest on bitcoin and you can earn more rather than invest of bank.

[vaughn125]

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 in a sense, this is actually true. But the percentage of benefits versus the risks can vary from person to person. For instance, an investor looking to invest in cryptos does his own research well and tries then fails a lot of times, his risks of losing money in this industry gets lower and lower the longer he stays specially when he takes doing research very seriously compared to a newbie or a lazy investor that does not want to stidy and just listen to what other people say.

[Jorge158]

With statements like this, I think it depends on who is talking. If only you have been in crypto for long and done things right, you would realise that bitcoin has more profit than risk. Most people who run at a loss in crypto fail to analyze things well and they do not learn enough to know how crypto market is and when to buy and when to sell. If you only learn well, you will have no regrets.

[Blessed J]

I'm not surprised to hear this a banking firm but the fact is that although these statements are always made about Bitcoin to bring it down, bitcoin always gets stronger and that's one thing I love about crypto. There are various opportunities that the Cryptoworld offers and this has helped many people benefit from crypto. There are whole lot of benefits in crypto than the risk and these risks can be eliminated if you do enough reading and research and give a deaf ear to fake news.

[khimer_rangers]

I do not agree with you, bitcoin does have a risk but also generate many benefits .. The risk problem has become the daily food of the traders cryptocurrency.

[M00nlander]

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 the benefit/ innovation is a revolutionary payment system the likes of which the world has never seen- I think the risks involved are worth the benefit to the world. Innovation will win in the end.