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Author Topic: Bitcoin have more risks than benefits?  (Read 3564 times)
charlemagne_15
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May 30, 2018, 04:03:15 PM
 #621

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?



Bitcoin being risky is a normal thing that is why most of the people hesitate to involve in here and told other folks that bitcoin is just a scam or don't invest because it is too risky yet they do not know that bitcoin is actually have a lot of benefits than its risks such as you can control it, be more profitable, and so on. All things that just starting are being told that it has no potential at all but they are all wrong. Bitcoin in fact, has a capability to be successful and grow more and expand. So do not fear it because it has a lot of benefits than its risks.

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MakLampir
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May 30, 2018, 04:07:55 PM
 #622

bitcoin risk are felt for banks more or else they feel the cake pie of banks diverted to Bitcoin and they create panic news and try to keep their investors open accounts
ubander
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May 30, 2018, 04:08:13 PM
 #623

All investments have risks. Since investing is part of bitcoin there maybe more risks than benefits. But in doing so we are able to learn from the experience in which we are investing in bitcoiin
PAKYU
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May 30, 2018, 04:13:32 PM
 #624

if you invest all your money there is a huge risk of course but people who learn something about this world invest altcoins mostly, he use bitcoin only he need real money for life.
Chronos_angel
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May 30, 2018, 04:31:11 PM
 #625

What is your opinion?


[/quote]

You have to be smart on a scale and you always want to prepare for the worst if bitcoin ends.
xiboothrezi
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May 30, 2018, 04:34:32 PM
 #626

if you invest all your money there is a huge risk of course but people who learn something about this world invest altcoins mostly, he use bitcoin only he need real money for life.
You are right, if we put the eggs in one basket, then when things go bad then all the eggs could be destroyed. Then do not all in one coin. Also just invest what you afford to lose.
So in investing we must always understand the impact of everything we will do.

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tesla80
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May 30, 2018, 04:37:57 PM
 #627

When I met bitcoin first, I though that it is a fast money earning tool! But after specific time, I realized (by losing money) that it is a huge area and long term investment which is dangerous.

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main320
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May 30, 2018, 04:48:07 PM
 #628

such huge numbers of budgetary specialists have cautioned about the perils related with a bitcoin exchanging and the accessibility of a virtual cash framework when all is said in done. Since it is just a constrained supply, if Bitcoin costs keep on growing, the bitcoin deals position is not anymore. In the meantime, such a large amount of the electronic cash that holds the present agents is expanding, the risky security of individuals is developing.
bananaunana
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May 30, 2018, 04:56:10 PM
 #629

Bitcoin is still at it's beginning so yes, there can be lots of changes. But if we are realistic this will be the future, Bitcoin will stay. At least as digital Gold.
tantimutz
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May 30, 2018, 04:57:36 PM
 #630

Yes any speculation is a dangerous thing. Nevertheless, digital money has been reliably "somewhat more dangerous than others" because of the instability of cost distortions. By and by individual parcel do amazing benefits with that circle. What's more, if you're not about a purchase offer, I do not think Bitcoin treats you or the world as a whole.
addeqt
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May 30, 2018, 05:06:23 PM
 #631

Yes, that is true. But it is because bitcoin could produce more profit than others. Just like in gambling, you need to invest a lot to win a lot and there are little or almost no chance of winning right away. That is why most of the investors prioritize to invest in a legitimate ICO rather than in the most trusted bitcoins. Bitcoins give additional tool for those terrorist that are willing to accept payment thru the crypto.
Neglected Person
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May 30, 2018, 05:13:07 PM
 #632

Yes, wherever there is profit word, there are risks also. Bitcoin is the father of all the currency. Bitcoin's demand is increasing day by day. Besides, there are many risks, such as investing in bitcoin. So, to get more benefits, there is more risk to take.
kadutz25
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May 30, 2018, 05:28:50 PM
 #633

in investing all should have risk only in bitcoin only and here we can see that bitcoin at any time will change the price changes and invest in bitcoin that need to be boasted mentally as prices go up and down but we can get big advantage if we buy at low price and start reselling it when the price is high and I think bitcoin provides more benefits than risk Wink
Haneul
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May 30, 2018, 06:21:32 PM
 #634

Well any kind of investments is a risky thing. But crypto currency 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.
Al Malik
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May 30, 2018, 06:30:51 PM
 #635

investing is of course not just a bitcoin issue at risk but in bitcoin if we invest we also have to be mentally prepared because bitcoin prices go up and down and bitcoin prices are currently unstable but if we buy when bitcoin prices are at low levels and we sell them at a price high course we get a big profit and in my opinion bitcoin gives more manfatnya than risk Smiley
hamim18
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May 30, 2018, 06:49:33 PM
 #636

Bitcoin is right now the riskiest investment you can make.Here are the risks you should consider before you buy.How the existing cryptocurrencies will cope, or benefit, from those changes is to be determined.
teejayrichard2
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May 30, 2018, 06:50:39 PM
 #637

well the truth is everything in this life has both risk and benefits. even keeping your money in the bank has its own risk. bitcoin has some risk which includes hackers and all that but it also has so many great benefits which every bitcoin lover knows.
nikki4
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May 30, 2018, 06:54:07 PM
 #638

Government will implement all the restrictions to bring down the bitcoin usage by implementing various Limitations however every crypto user will never fear for such risks as the benefits to gain profits in bitcoin is high and to avoid risks every crypto user should prioritize to learn about crypto currency first.
crypto002
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May 30, 2018, 06:59:01 PM
 #639

Risk is invlove in everything even when we start a business there is alaways risk involved but you need to take risk in order to be successful
Yes there is risk involved in bitcoin but the benefits can be great in long term when you good investment
Fretcy
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May 30, 2018, 07:01:06 PM
 #640

Without taking risk in life no one on earth will never achieve anything in life, so the person whoever it is should be ready to risk inorder to succeed in life. As we can see from the history of bitcoins that the early investors were lucky enough to get into the new technology and were taking risk as this is a new technnology which has changed their lives to a millionaire and billionaire only by investing and trusting on the new technology. So  If you are ready to taking risk then you will definitely benefit from it.

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