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Author Topic: Bitcoin have more risks than benefits?  (Read 3568 times)
pat4cryptoreal
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May 27, 2018, 05:17:46 PM
 #341

The risk of bitcoin is indisputable that is why bitcoin business is for the smartest people. You need to be smart to scale through. you need to Know when to buy, when to sell and when to do short term trading.
somtandon2015
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May 27, 2018, 05:26:50 PM
 #342

Yes,bitcoin is now in risky zone. But bitcoin has great potential. I think it will work for a long run.
budz0425
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May 27, 2018, 05:39:06 PM
 #343

Yes,bitcoin is now in risky zone. But bitcoin has great potential. I think it will work for a long run.
I agree with that statement that bitcoin is risky, but I am not agreeing that bitcoin have more risks than benefits, of course not, it is not like that bitcoin has more benefits over risks, I don't think that a lot of people here would stay even me if I found out that I cannot give benefit enough to bitcoin.
jhonvir666
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May 28, 2018, 07:04:31 AM
 #344

so many financial experts have warned about the dangers associated with a bitcoin trading and the availability of a virtual money system in general. Because it is only a limited supply, if bitcoin prices continue to grow, the bitcoin sales position is no longer. At the same time, so much of the electronic money that holds today's brokers is increasing, the dangerous security of people is growing.
BlackRacerX
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May 28, 2018, 07:55:33 AM
 #345

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 the only major risk we all should be worried about is the death of bitcoins when the bubble finally bursts. Even if we say that bitcoins are too big to fail, the possibility of it popping is still there and it is scary. You'll always want to prepare for the worst in case bitcoins end.

Mofazzal840
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May 28, 2018, 08:20:13 AM
 #346

At first  i am to say that everything has good site & bad site.So i can say fluently bitcoin is a good profitable currency.Bitcoin first online & digital currency. Although bitcoin has more risk than benefits! Smiley Wink
andika2018
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May 28, 2018, 08:46:25 AM
 #347

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 every investment have a risk. Banks already disrupted their bussiness by bitcoin or cryptocurrency and thats why they issue that statement. I think we already knew that bitcoin is good investment and many peoples get benefits from cryptocurrency.
Rajamuda
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May 28, 2018, 08:54:25 AM
 #348

Everything related with bitcoin certainly requires a high knowledge base also high trust, it will be more risk.. if lack of what to know or lack of learning many things related about it/crypto. Well, and anyhow that.. it depends on its user/about the response.
Galina12
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May 28, 2018, 08:58:03 AM
 #349

Yes, the bitcoin is known for wild fluctuations in price. He was always a risky investment. At the moment, speculators are manipulating the market and therefore the price of bitcoin is unstable. But I think bitcoin is worth it. Regardless of bitcoin’s ups and downs, Bitcoin has great future.
Hinugh
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May 28, 2018, 09:03:02 AM
 #350

Well any kind of investments is a risky thing. But cryptocurrency has always been "a bit riskier then others" due to price mad volatility. Nevertheless lot of people doing amazing profit with that sphere.
And if you are not about buy-sell, I don't think Bitcoin do any treat to you or the world in general.



Bitcoin is always risky when the time we invest on it, yet it is still show a great pottential to triple or more  our investment. We just have to be ready of any possible results either it is bad or good in bitcoin. I still believe bitcoin price will rise again and holding our coin for a long term is worth it.
boddy.dy
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May 28, 2018, 09:04:03 AM
 #351

If you are a one sided thinker you can say that bitcoin have more risks than the benefits. This is a general rule in life that if you think that one thing is more negative than its positive surely all the outcomes will go thru with what you think. That is why there are a lot of philosophers says that we must always be optimistic rather than pessimistic because if you don’t believe on something surely it will not be given to you. Just like in bitcoin if you think that there are more risk here surely all the risks will come to you because here on earth there are always risks and even danger it is only differentiate on how you handle with those risks and danger. 
HukoJla
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May 28, 2018, 09:11:36 AM
 #352

Hardly bitcoin now will crash, the maximum it can sit and then grow again. If bitcoin would not be of interest to the large investors who hold it, it would be immediately crushed by bears after the pampa at 19,500.
My conclusion is that bitcoin will at least fire at least once.
kittle33
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May 28, 2018, 09:14:06 AM
 #353

bitcoin does have a big risk but also has a great advantage, only people who are not afraid of the risks that get big profits Smiley
  Bitcoin its risky but if you can see thier is also good benefits.
riplete
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May 28, 2018, 09:15:32 AM
 #354

Risks or benefits depend on our own knowledge
rafi035
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May 28, 2018, 09:15:45 AM
 #355

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 do not believe in the news I believe in what is there and I see a lot of bitcoin investors get success in his investment sure believe and patience it is the main capital that must exist
Christian31
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May 28, 2018, 09:17:52 AM
 #356

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 basically not convinced with their statement. They should have lay down the facts on what they made them conclude that there are more risks than benefits with bitcoin. How come those crypto-friendly countries adopted the technology? Of course, these countries have assessed the pros and cons of crypto. That is the reason why they have embraced the blockchain. I still believe that Bitcoin is worth the risk.
Itsmesunnyy
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May 28, 2018, 09:22:39 AM
 #357

It would have risk if you would invest money on it.  But we all know that bitcoin has more benefits. If we are juat careful and wise in using bitcoin, we can be assured that we cab benefit from this.  Personally, I was nervous  about bitcoin because I may be scammed but when I started earning money and was able to help me with my family needs I was so glad. There is no reason to be afraid or to take risk as long as you are not investing money  because at the end of the day bitcoin ia giving many benefits to all of us.
Mr.John19
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May 28, 2018, 09:35:10 AM
 #358

All of the cryptocurrency give us a benefit Mostly in the bitcoin. Nine years in the making bitcoin is worth it. Banks don't generally comprehend what Bitcoin is. Bitcoin are truly give us a considerable measure of advantages. This is Ponzi statement Bank of Spain in Madrid. They are saying in regards to the bitcoin they just need is to vanish the bitcoin or decline its value to decrease the general population putting money in bitcoin. In short, they want to control the general population and value of the bitcoin. I think this the genuine reason of Bank of Spain in Madrid.
PilosopongTacio
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May 28, 2018, 09:43:45 AM
 #359

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 believe its quite the opposite, they probably just spread negative news about Bitcoin because it poses a threat to their traditional banking system and they feed this kind of news to the public just to discredit the benefits of a decentralized system.

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mmo4me.2016
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May 28, 2018, 09:46:17 AM
 #360

I agree with you, with the real big price volatility, the opportunity will not be more than risk! Carefully consider and invest safely! Reduced profits are unavoidable! Hope everything will change in the future!
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