Thadeous
Copper Member
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Merit: 17
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May 28, 2018, 09:31:14 PM |
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Actually I would split technology and market risks for Bitcoin and any other coin. Technology risks are related to existing blockchain vulnerabilities and stress resistance, wallet and private key safety. Market risks which mainly depend on coin holders and traders, who speculate the price trying to extract as much profit as possible.
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MetalGear
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May 28, 2018, 09:44:50 PM |
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It is a common thought that if a system has frequent fluctuations, the risks are higher. Yet many people don't understand that the risks in cryptocurrency falls only in the market and not in the technology itself. Those fluctuations can also be played in your advantage as long as you are wise enough to estimate the changes and bold enough to buy at its lowest price.
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ciciteng
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May 28, 2018, 09:50:29 PM |
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No, it is not. Sure, the Bitcoin market is really volatile; that's because is no one really control the Bitcoin price, not even the whales. To be able to take the advantage of this volatile situation, you really need to study the market trends. You need to know when is good time to enter the market and when to sell when the market is bullish. Statistically it can be studied for sure. But my advice is just buy more and more Bitcoin and comeback later in the long term. Thanks me later ;-)
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Sumo
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May 28, 2018, 09:50:35 PM |
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Everyone has their own opinion on this account, and I believe that you should not worry and just trust bitcoin, investing your money in it. If you are in doubt-do not even get involved.
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Lalafell
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May 28, 2018, 09:50:40 PM |
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Just because the price is decreasing it would mean that the cryptocurrency industry will end. The nature of cryptos are very much different than the fiat because it works in different market. Cryptos are unique because of this as it shows how fluctuations doesn't always mean that your investment will fall more. The drops are actually opportunities to start to maximize the income you can gain.
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Pyr3x
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May 28, 2018, 09:52:18 PM |
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Investing in bitcoin seems pretty safe to me, but subconsciously I'm prepared for losing all my investment. And I advise everyone to treat their money easier.
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Core.BUSTER
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May 28, 2018, 09:55:09 PM |
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The market in cryptocurrencies have various factors that affects it price and furthermore, the price is not the only determiner of how successful a market is. Every market has their times of peaks and drops. So that is why it is normal for me to see that bitcoin has a lower price right now since it had boom last year. But I also believe that when the demand will come back and the prices will increase again in the later months.
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jake zyrus
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May 28, 2018, 09:58:58 PM |
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This is their persspective about cryptocurrency and it is unfortunate to see about this. But I still do hope that someday, everyone will understand what cryptocurrency can really do to help us and improve our ecomy. And don't worry aabout the prices because soon enough, it will increase continually again before the year ends I think.
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hastang
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May 28, 2018, 09:59:37 PM |
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everything we do it involves risk and bitcoin is no exception! the main risk of bitcoin is volatility but is it also the greatest asset of the coin... people chose to invest this coin in the market because of its highly profitability by riding the volatility of the coin. they earn big income by simply buying and selling the coin.
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miyong
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May 28, 2018, 10:15:31 PM |
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Everyone has their own opinion on this account, and I believe that you should not worry and just trust bitcoin, investing your money in it. If you are in doubt-do not even get involved.
Yes, of course whenever there is a doubt, it is much better to be quite and do not involve yourself in bitcoin. But for me, i am very confident with bitcoin that it has a good future and even if there are risk behind it i will force myself to invest because of the great profit.
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Musiclover
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May 28, 2018, 10:26:52 PM |
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For me all investments are have risk. I don't know if there is one that's not has. But investment in bitcoin i think even if you take risk for me it's more beneficial actually all bitcoiners knows that.
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bct-72
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May 28, 2018, 10:43:56 PM |
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Of course there are more risks because there are a lot of people who want only to earn.
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Lina_Malina
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Merit: 10
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May 28, 2018, 11:17:24 PM |
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Bitcoin itself is an investment. And investment have risks especially if you pour alot of money into it. The benefit of bitcoin is when you try to get a decent amount you invested as an income or extra income. But i believe that the benefit has more to it the experience itself in learning cyrpto that other people do not know is a benefit that onliy bitcoin users know.
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bayu7adi
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May 28, 2018, 11:19:13 PM |
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50:50, the risks and opportunities are very fair you need to understand decentralized assets, before you are ready to receive the surprise what bitcoin will do to us all
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denizci
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May 28, 2018, 11:25:26 PM |
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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
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btcgainer24724
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May 28, 2018, 11:30:25 PM |
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Well i would prefer taking risk than to not take any risk at all.Because the risk is as high as the return. This is very simple to explain; If you want to earn a lot you have to take risks. Investing in gold or beating for profit is a more logical option.So by taking risk, you have a 50/50 chance
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jpnl0002
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May 28, 2018, 11:32:49 PM |
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the risk in every business is obviously more when a person or an investor decides to go into the business blindly or decides to invest money when he is yet to comprehend the business and how it works. so that is the condition and that decides where the investor falls into
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Wewe Gombel
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May 28, 2018, 11:54:37 PM |
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After the price drops this year from $ 15500 and now only $ 7400 it can be said that the downward trend will continue to happen so this year is the most difficult and risky year for bitcoin investors.
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19Nov16
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May 29, 2018, 12:27:44 AM |
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Benefits and profit are two things the same, if the higher the level of profit then the level of risk is also higher, but many things we must understand to be able to get profit from bitcoin investment, and the most important thing to gain profit is to be patient and not easily panic.
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arifteguhr
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May 29, 2018, 12:39:19 AM |
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if we look in terms of investment is a bit big risk. but besides that when we see it as a profit transaction and also a low cost. this possibility is an advantage. depending on our point of view actually look at what bitcoin is
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