Bitcoin have more risks than benefits?

[markmarkwu]

The bigger the risk the more the more the benefits. some things are born really beneficial without exerting too much effort and risk.  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.

[nydiacaskey01]

I see more risks in holding a paper currency than Bitcoin. The paper currency that everyone is holding can be spent by anyone once it left your hands. So technically, the person sitting beside you can spend it, anytime, any day. The Bitcoin that you are holding cannot be taken away to you by anyone, one has to make a lot of effort to hack their way in to your wallet to transfer to another wallet and spend it.

[sugarfree1989]

I think the risks in bitcoin are an investment because in investing bitcoin prices can go up and down then we need a big bounce to invest in bitcoin. I guess we cant escape the truth that crypticurrency is still growing in this era thats why we need all the support of everyone to prevent the risk and may receive the benefits to anyone. Since bitcoin has a higher risk, it also has a higher return of profit, so it is really worth on taking a risk.

[Bounty_Manager100]

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.All this naysayers just want disprove the value of Bitcoin just so they can be right about their hunches. Bitcoin will rise above all currencies and those who miss out on it will regret it later

[Bitcoin1216]

actually bitcoin has more risks, but how do we process it, if we can control the bitcoin price by socializing about bitcoin. otherwise, the benefits will be greater than the risk.

Risk and profit of course is comparable, the greater the chance of profit then the greater the chance of losing, and vice versa, with this fact of course we must be prepared with any conditions, so understand the details are more important.

[Ambrosius]

It all depends on the user, because everyone must have a different experience with bitcoin. Actually there are many benefits and practicalities offered by bitcoin. It all depends on individuals willing to take advantage of these benefits or not. I think if being on the right way, bitcoin will provide many benefits rather than risk.

[senin]

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?

Already at this cost and under such circumstances, bitcoin really poses a great risk when investing. The risk is not only that its price may fall sharply, but in that it may already not rise in price as much as we previously thought and therefore it simply may not be a very effective investment. In other words, it seems to be much more profitable to invest in cheap altcoyins. Although circumstances may again change.

[mornabo]

actually bitcoin has more risks, but how do we process it, if we can control the bitcoin price by socializing about bitcoin. otherwise, the benefits will be greater than the risk.

Actually the size of the risk will depend on each user itself, how they manage the risk? we know that bitcoin is at risk because of fluctuations and prices that are difficult to predict, but if we are good at reading the market, have the knowledge and experience, then the risk can be reduced

[Dante4142539]

It is a gamble or I might say 50/50 because there are times that the btc has a low price then sometimes it will up, but it depends pm you how you should hold the bitxoin but if you have enough knowledge about bitcoin that's good.

[abonti]

I think bitcoin at risk when the price of bitcoin goes down. when the market value is low and it is not good idea to sell bitcoin. But bitcoin get benefit when the price will rise up. addition, many investment is risky.

[ivakar]

Bitcoin have very high risks, that is for sure. but the benefits could be very good as well! there could be just X times profits. so this the question for you, if you are ready for such high risks in order to make such good profits..

[Joshapat]

This year almost all users say that bitcoin investment is the most risky, certainly different in the past year that almost everyone says bitcoin investment is very profitable, as we know that what we think we will get, if you think is at risk then better leave bitcoin.

[ipinkang]

Bitcoin has same probability on the risk and benefit , if you smart to read and predict the price of bitcoin, you will get benefit with trading it, in the world anything like coin has two side, risk and benefit,lose or win, depend on you how to manage opportunity and manage any risk you get so finally you can choose the best way to avoid it.

[Ruffian1314]

Yes, we all know that bitcoin has a lot of risks but it has a lot of potential to become benefits and thats what investors and traders like us joined this for. News like won't matter to real crypto enthusiast because we already know the risks before we entered the cryptocurrency world so it will just affect people who are newbie to industry of bitcoin.

[pelipurlara]

You can see from the number of bitcoin players who can benefit from bitcoin. I think that is not true, with the risk of very high bitcoin will also provide great benefits

[Compiler]

I have seen an article of the year 2014 that says 15 advantages and 5 weakness things of Bitcoin, that means that you can have more confidence in it.

https://3cero.com/ventajas-desventajas-bitcoin/

[jennygamilo]

For me yes because since the bitcoin is very volatile ,haters bashers anf back Stabber's used it to spread foul and fake news. But for me users of Bitcoin nothing to worry because bitcoin is safe and not so very risky as the other think . And at the same time if bitcoin has a risky side then it has also had a benefits .

[mix max]

I do not know for sure but it seems the risks and benefits of bitcoin in the same scale. Just as great. Big risks and big benefit or profits too.

[TiffanyLien23]

Actually some people might think that it is not worth it to invest because investing in bitcoin is very risky.We will never doubt bitcoin and we will not be one of the person who easily get panic and loss our trust because of the volatility.It is already proven how bitcoin gives us profit and the benefits.Bitcoin depends on us how we secure and in that case that risks may reduce if we follow it right we can achieve success.

[rhamdy]

In my opinion, Cryptocurrency does have a lot of risks but the benefits are also quite large.
We must minimize the risks and gain big profits.
This is done by learning more about Cryptocurrency and doing Cryptocurrency business correctly and having the good experience
of course, Cryptocurrency will give a big advantage.