Bitcoin have more risks than benefits?

[popoyuyun]

If you know how to get a profit maybe it will further down the risk that you will get. Gain knowledge of bitcoin will keep you away from risk.

[coinnumber]

I don't agree with that, to me bitcoin has more benefits than the risk involved. Except for the greedy once who will like to invest with loan simply because they what to have it all in a day. With bitcoin we benefits from trading,  investment and even bounties. In every success there must be a story Bitcoin has great potential which makes it worth taking risks on but it should be wisely taken.

[Elrozaq]

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 invesment has risk..If you want more benefit , you have more risk.

[imking]

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 pain no gain. I mean No risk, No income this the motto suitable to us. Everyone knows it that bitcoin is risky but worth it regarding on the investment and other. Do you think this is a legitimate says of the bank of Spain? Legitimate or not. Let’s ignore this statement because if we trust it and focus on it. It will cause bloody market. Banks really hate crypto because they can be out of place. If the crypto continues to grow the population in investing. Remember this only marketing strategy of the banks.

[sneeze11]

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 bitcoin is more benefits than risk because we all know that bitcoin can help us to be successful and rich. The risk only in bitcoin is that when you are investing because bitcoin price is unpredictable and there's a chance that the money you invest will not get a big profit.

[vnck25]

Right now its not being used by the majority general public as a way of exchanging value ( I mean as a currency, not many know about it). It is more of a store of value. Because of lack of exposure to the majority population, I believe we do not see many negative issues with bitcoin (as well as other cryptocurrencies) however if there is more mass adoption, then there will be people who will try to scam, take advantage and then their could be newer risks that we will see. To my understanding bitcoins are very secure but I don't know what will happen in the future. If there's going to be centralized exchanges where we need to do KYC and AML screening in order to convert our cryptos to fiat, that's the point where lot of these issues pop up.

[nani culi]

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.

[amaha cris]

Yes, there are always risks with electronic money and in particular bitcoin is still a risky investment. But personally I believe bitcoin is still a good investment. I think to get a big profit or to achieve a great success, we need to risk.

[Bayu_12]

all the high-risk items also have a very high benefit, depending on the individual who sees what side of the side, the negative side or the positive side, if viewed from the positive side of the individual will quickly develop, as well as the bitcoin is very much a risk and its benefits.

[Kia mono]

There is always risks to all cryptocurrency as we all know. But personally I believe bitcoin is still a good investment. I think to get a big profit or to achieve a great success, we need to risk.

[jessicaldiaseso]

Right now, its true that bitcoin is a risky thing for everyone especially to those who wants to get earnings in short time. But if you know techniques to lessen the risk, it would be better to for every necessary development.

[ekateriinae]

what is no risk in this world to invest? everything has it own values to succeed. bitcoin sure has it own risk to loose and also a big earn. that why it has been call high risk investment. low on knowledge about crypto world is very dangerous as to many already invest and lose all. so learn first.

[DAN_cukz]

Investing in bitcoin seems pretty safe to me, but I'm unwittingly ready to lose all my investments. and all the risky things must also be useful, depending on the positive and the negative ,,,,

[shainasaz]

All cryptocurrencies are very risks in investment and trading but it has a huge benefits if you choose a reliable coins like bitcoin, ethereum and bitcoincash. We can say that it is risk because we don't really know what will happen to this coin anytime if it is will increase or decrease and also it's so nervous if you do this way.

[paulk11087]

At first, things were going very well, but unfortunately, the safety problems arose because of the people who wanted to win easily. The number of people who are really hurt is now too much. If you are not careful, you can see the harm too.

[Vanderlio]

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.

[malbterxic]

That's interesting, but what did you want to hear about bitcoin from the Bank? The reaction of banks to the BTC is their natural defensive reaction, if bitcoin with the same rates will increase its popularity, then in the future banks will have to tight.

[Angelic T]

The benefits in bitcoin far more override the risk associated with it. Bitcoin is the most safest investment you can ever make with much profit returns if you only do things right. Those who think bitcoin invest is risky don't know much about it or they simply don't do the right things and they turn to run at a loss.

[markleal]

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?

Hi there Compiler! When the internet begun in the 90s there are lot of people that are telling that it is not good. It could even have more risk than benefit because hackers could easily break in to your computer that is connected to the internet. Additionally, there are sites that have been setup to promote illegal activities, pornography and buying and selling of illegal stuffs like drugs got their opportunity due to the internet. But imagine, why is it there are more people still use the internet. That is synonymous with the cryptocurrencies, there could be more risk but there could even be more benefits in the long run.

[CrystalPham]

Bitcoins become more dangerous due to their lack of real economic value. Many investors admit, not really understand the underlying technology for bitcoin is the blockchain, but only hope to make a profit from the galloping price hike of electronic money.