Bitcoin have more risks than benefits?

[Jimrch]

We can say for now that investing bitcoin is also risky especially that this currency is not yet fully legalized by the government. When you invest in a not so sure system you should consider all the posibilities and factors that may occur

[elygil2022]

Noted. That is why we should spent more time in this forum to get updated and reduce the risks. But I don’t agree to the statement of Bank of Spain that bitcoin is not worth it.

[eashikde]

It all depends on which side to look at. Indeed, the crypto-currency market is relatively unstable, But behind it is the future. Bitcoin is a profitable and risky coin. This is one of the coins that can greatly affect the market and manipulation with it can lead to serious consequences.

[warning_btc]

Bitcoin have the same benefits and risk i think.
I can make increase or decrease with not predictable methods

[Paul Pogba]

Of course for now everyone will say that is too risky to invest bitcoin, we have to be patient and wait for some time so that can make a good decision.

[leostrong.mo]

Investing in cryptocurrencies does have certain risks, but the corresponding gains are also huge!
The market risk of cryptocurrency is extremely high and it is not suitable for ordinary people. Ordinary people's investment in living expenses, housing loans, and pension fees are certainly not affordable.

[ParveZ219]

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?

Actually its about risk of price of bitcoin which is too much unstable... Otherwise except this reason bitcoin doesn't have such disadvantage.......But we the believers of bitcoin at dont believe in the risk of collapsing the bitcoins.

[Captain Sneeze]

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?

All currency have a risk but bitcoin have more risks than benefits? i think no, Maybe have more benefits than risks because bitcoin has a great potential and Still it is a profitable coin.

[trolltalk]

Everyday there are lots of news has spread that bitcoin existence has risky for many ways but i still support bitcoin even if many peoples criticize bitcoins cause i still earned money by doing bounty campaigns maybe bitcoin now have a bad image in public but someday many peoples will suddenly change their point of view about bitcoin.

[godrey123]

everything involves risk and it is up to you if you will take it or not! bitcoin has a big risk and I agree to that but bitcoin also has a big reward despite that risk. But if you look at the crypticurrency the risk will be low if you just study about it. Naturally the risk are high if you don't know what you are doing.

[InterFinex_JB]

Well Bitcoin and other cryptocurrencies are indeed risky. I think any kind of investments are risky too. It is up to you on how will you use crypto for it to be beneficial for you. All will be worth it in the end if you invest more than you are willing to lose.

[isidrorex]

Ofcourse all over the world, banks always discourage people to invest in cryptocurrency because they are afraid they might lose their investors and clients because of the success of the crypto market so I am not surprised that this allegation is from a Bank, and I don't believe that Bitcoin have more risks than benefits because your success in your investment depends on how you handle it properly and it depends on your knowledge. So invest wisely and safely.

[nyerok]

yes you are right bitcoin have a very high risk but in my opinion with such a high risk I can get very much benefit from very fast bitcoin price movement you should be able to use it.

[cherryfer]

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 reality, the goal of people are always favor of good profit collection, since the beginning they know already that bitcoin is very risky it is volatile. when the price of bitcoin are better than other Cryptocurrency? no one can react! and they will take advantage for making a new business override by bitcoin. When Bitcoin price falling down many people are hate Bitcoin, oh my goodness. of course this time we gonna take a risk! we have nothing to do this. we don't know  about how to improve and how to get a good benefits from bitcoin.

[hacking13]

There's more risk involved than benefits in Bitcoin trading if you look at it... Bitcoin operates through an untraceable system, i.e, if you lose your bitccoin between transactions, you cant recover or know its destination. Another risk is that of price value... not stable. You can put in a large amount of money hoping it will rise and get disappointed ruining the value of money put in

[PerLasz]

Normally once we adopt new form of system risk is above measures than benefits and that because we did not yet master the system. Once we got every details, exact position and identity the does and don't it will be more easily. Then rist will be less than benefits because benefits will experience more than risk.

[jonas5222000]

For me i could answer it with both,because having bitcoin is defining you on how you become a risk taker because your money here is at stake so you need to be kind and be prespective on what could be happen,and for the benifits of it i have nothing to say because bitcoin has so many benifits and popuses here.

[Compiler]

Well, it's truth that i think its obvious, you cant win, if u cant lose, i mean you have a posibility, but you can fall too. More risk more benefit, less risk, less benefits, thats all

[Chaelbrin]

Well any sort of speculations is a hazardous thing. Be that as it may, digital money has dependably been "somewhat more hazardous then others" because of cost distraught instability. By and by parcel of individuals doing stunning benefit with that circle. What's more, in the event that you are not about purchase offer, I don't figure Bitcoin do any treat to you or the world by and large.

[ichai]

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

Those who want to risk their participation in the BTC, they expect to trust the BTC and they have received the end result is extremely high on the market. In places of great risk, there will be huge profits for us. So if you dare not take the risk you can put money into the bank, and you will receive the fixed monthly profit. Everything is worth going along with.