Bitcoin have more risks than benefits?

[jjjrmy]

Bitcoin has received negative news and criticism like this from famous and well known people since the beginning of bitcoin introduction yet we see it available for over years now. Bitcoin has more benefit than risk. Any good thing comes with bad attached to it and bitcoin is not different.

[samiul12]

This is just gossip may be. I dont see more risk than benefits. Because it is a open secret to us we can judge the market and the correspondence in presents than we invest. Yes it has some risk for lose but it doesn't eat your whole money like many scam. So it is much safer to me.

[muhsyakir]

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?

maybe what you say is true, because bitcoin has a very high risk, so if you do not want to take big risks do not try to invest bitcoin because if you try to invest in bitcoin then you should be prepared with those risks.

[Christian_k]

maybe what you say is true, because bitcoin has a very high risk, so if you do not want to take big risks do not try to invest bitcoin because if you try to invest in bitcoin then you should be prepared with those risks.

[eloymjb]

 i think in this question. in my opinion bitcoin is more than benefits than risk. but risk is a twin of benefits. if the things have a big risk then this things have a very big potential by having a high benefits.

[sham100899]

No doubt bitcoin is a big risk, but it has a lot of benefits. Bitcoin becomes a dominance force in crypto, you need to balance the risk and benefits in order to become successful in this crypro universe. Taking risk must only be applicable on what are you willing to risk. There's no need to risk all.

[ardibimbim]

Among the excess bitcoin that I find most interesting and the most important advantage is Bitcoin is not owned by any Country, Of course this is an advantage for bitcoin players. The reason the State will not be responsible or will not go down will go down directly to handle bitcoin that you will run. In contrast to real money handled directly by the State where the rate is influenced and stipulated by the government. And the government is in charge of the management of the money in circulation.

In addition, the prominent advantages of bitcoin can also be viewed in terms of security. Because Indeed bitcoin is safe from counterfeiting because the virtual currency until whenever can not be forged because it is not tangible.

[zimpleskill]

Even if it's risky..  I think taking risk is part of bold steps to success.... The end is much profitable.

[hasbihafis]

in fact any type of investment business is very risky, investments are then associated with the theory of risk-return, high risk high return, the calculation of risk becomes the basis in making investment decisions to expect appropriate returns in the future.

[Tan_avia)vl.]

The official banks that visit are engaged cryptocurrency profitable, that people to visit believed in the world of cryptocurrency, and went the old-fashioned to the bank for money. They specifically say so, because Bitcoin threatens their activities.

[SIHIN]

I dont think so. bitcoin does have a risk but the benefits of bitcoin far outweigh its disadvantages. as long as i join in bitcoin world i enjoy more benefit from bitcoin. the important thing is we have to be patient and do not panic if the bitcoin price that we buy down hold and sell when the price goes up.

[Stargazer]

I don't think bitcoin has an extra risk Zone. Every investment has a risk zone, and it's simple. Sometimes you can get huge profits and sometimes not. Bitcoin is not to risk instead it gives you many opportunities. But I feel bad for them who invested in bitcoin when bitcoin was 18-20K USD. Maybe, they will say bitcoin is too risky. But if they and we hold bitcoin for a long time, then we can earn good profits for a gift. Like who bought bitcoin at 1k USD, think about them! They are now flying in the sky; they are a millionaire now.

So, I do not agree with this statement, Bitcoin is not too risky, but I would say the best time to invest in bitcoin is now.

[wormgummy019]

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 my own opinion, bitcoin have more benefits than risks because the only risk that you may encounter when you enter bitcoin is the loss of money which can be avoid when you have knowledge or strategy in investing. There are many benefits of bitcoin that can change your whole life.

[Sand King]

I don't think bitcoin has an extra risk Zone. Every investment has a risk zone, and it's simple. Sometimes you can get huge profits and sometimes not. Bitcoin is not to risk instead it gives you many opportunities. But I feel bad for them who invested in bitcoin when bitcoin was 18-20K USD. Maybe, they will say bitcoin is too risky. But if they and we hold bitcoin for a long time, then we can earn good profits for a gift. Like who bought bitcoin at 1k USD, think about them! They are now flying in the sky; they are a millionaire now.

So, I do not agree with this statement, Bitcoin is not too risky, but I would say the best time to invest in bitcoin is now.

For me  it's fine if bitcoin  have more Innovation than benefits because sooner or later it will be more beneficial in my part. Innovation can be the start of change  

[bitbunnny]

No, I can't support this opinion. Bitcoin has the risks that everyone should be aware of but they are smaller compared to benefits it has.
To my opinion volatility is the bigest risk Bitcoin has but if you count on that and manage the risk properly you will be able to handle it.
But profit, independency and freedom of choice you can have with Bitcoin prevale all risks.

[st tiger]

Is there is any easy way of earning money without taking risks? I think not. In digital marketing if you invest you have risk. But when you compare with other cryptocoin you will definitely see that bitcoin has more benefits than risks. Also it doesn't have the throat to lose your all money so I think this not true.

[simaislam]

Bitcoin is a risky investment to start with. That's why you always hear or read the statement: "don't invest more than you're willing to lose". Because even though I'm highly bullish on bitcoin, it can simply just crash down to triple or double digits without any signs(a bit unlikely, but still very possible). It's simply just up to you if you're willing to take that risk.

Yeah,i completely ageee with your opinion. it's simply just up to everyone if they're willing to take that risk.

[Fujiati]

if my opinion bitcoin it provides many benefits to me. I have bought something from bitcoin that I use to trade. I see many rich people because they trade and invest in bitcoin. if anyone loses due to bitcoin, surely they have no patience.

[Ahmadarwani56]

all that investment there is certainly risk of his depending we can be good at playing her.included in the business of bitcoin,there have been many a successful person in his,and there are many who loss.

[RokokGudangGaram]

if for my own opinion bitcoin it is more beneficial than the risk. for example the bitcoin benefits to help the economy of the country, its people and bitcoin are also places to earn a very good income