Bitcoin have more risks than benefits?

[satria2]

You say that because Bitcoin price is decreasing if Bitcoin price is rising in my opinion you will not say it.

[uwouw0]

This is an unlikely thing and I do not believe in this news, this is bad news. Bitcoin is at risk, is it because bitcoin is down and will disappear later. That's not going to happen bitcoin will last forever and the benefit is getting big profits

[poisonivy77]

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?

This unlikely true at all, I would have to disagree I think bitcoin has more advantages than risks, you can never avoid having risks with bitcoin but think about its abundant benefits that will surely gives you profit

[2beAmillionaire]

It depend on how you handle and making a strategies on every investments,trading that you made. Every investments have a risks,but there's also a rewards.

[Shinpako09]

They are just saying that because we all know banks doesn't want btc. Crypto is like a threat for them. For me the level of risk is the same with the reward you will get, high risk, high reward. As a true believer of btc, I won't believe such news.

[AjithBtc]

They are just saying that because we all know banks doesn't want btc. Crypto is like a threat for them. For me the level of risk is the same with the reward you will get, high risk, high reward. As a true believer of btc, I won't believe such news.

Agreed, banks fear of bitcoin. It is an reason to spread rumors stating bitcoin is highly risky than that of the benefits. From my experience bitcoin is risky, no doubt in it. But to the risk we take we'll be profited. I always wish to be a part of the network taking risks and benefit out of the same.

[HanaTenun]

They are just saying that because we all know banks doesn't want btc. Crypto is like a threat for them. For me the level of risk is the same with the reward you will get, high risk, high reward. As a true believer of btc, I won't believe such news.

Agreed, banks fear of bitcoin. It is an reason to spread rumors stating bitcoin is highly risky than that of the benefits. From my experience bitcoin is risky, no doubt in it. But to the risk we take we'll be profited. I always wish to be a part of the network taking risks and benefit out of the same.

bitcoin is a store for investment, because the movement of the value of bitcoin is fast. that is the reason banks do not agree with the existence of bitcoin that will damage the value of local currency. all depend on us to get the benefits of bitcoin or not, if you want the benefits we must also know the risks.

[Pejoh Asu]

After a fantastic rise last December and prices continue to fall after February, many pessimists for bitcoin investing because they think the bitcoin era is over so bitcoin investment is the most risky thing, but I'm sure that bitcoin will soon improve.

[jemerson1420]

For me yes because bitcoin have big value than benefits.

[Ngewex Yuk]

In the investment of course we have to be prepared risk, do not ever think that big profit then low risk, all profit opportunity in investment always equal to chance of loss, this is what makes us must be wise in putting money in bitcoin because including high risk investment.

[fuer44]

the risk of bitcoin investment is very high, its fluctuations can cause us to be in a falling market situation when we still hold bitcoin. the risk of minning is also great, because the higher the computer spec is used, the higher the cost of the electric bill. while bitcoin obtained every month, less profit.

[denzkilim]

All investments are certainly at risk, currently too much false news that makes users panic and sell bitcoin for a cheap price, but instead it becomes a chance to buy cheap whales because they know that the future of bitcoin will improve.

Yes, there's risk involve in every investment either the cryptocurrency, the estate or the stock. However, you're right about the dump in price creating a venue to buy cheap but the whales are also one of the reason the bearish market occur.

Correct, Risks are everywhere and not only in Bitcoin, even if someone is planning to create a business in the real world like a restaurant or a coffee shop, the money that they invested in this businesses are still at risk and doesn't assure that they'll get a profit in the future. The main reason of price dumping is the media people that keeps on spreading fake or false news against Bitcoin to make people panic and sell their hodlings at a lower prices. this FUD thing is already part of the crypto currency realm and there is nothing we can do about this thing. We all know that some people will do anything by any mean necessary just to take advantage from others. 

[jayveerastrullo]

Yes it is really true that investing now in bitcoin is so risky that anything might happen but of course it comes with huge benefits where you risk a lot you'll gain more than.

[v3liana]

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?

Well, Yes, perhaps bitcoin is now in an extremely risky zone, and can certainly collapse, but I think still this will not happen, and it will only rise and will work for a long time.

yes all people could give their opinion and we do have our own. I do think the same that bitcoin would not die and i do think its good investment for long term and there is many people use bitcoin for day trading cause its has a good leverage for profit.

[Gleb Gamow]

Here's the deal once poeple know about the existance of bitcoin it will began to been advertise ny people to people as you can see there are many people who are againts with it, Bank of madrir are wondering if it's become legal and people use it and turns into wrong activities i read articles those earlier. Bitcoin is like punj hazzard that are real in risk because when you don't risk then how you can earn from it. Always remember that it always dacing risk from the start using bitcoin tho.

[TomUyamot]

Well, Bitcoin has risks and the risks involved are not insignificant. But take a quick peek at the history of Bitcoin's prices and you will understand why people are very willing to take the risks. I am one of the millions of people who are investing in Bitcoin even if there are several risks attached to it. To those who can't take the risks, you better keep quiet and do not spread FUDs. It is not your money that will lose in case Bitcoin fails.

[btc_angela]

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?

Well, Yes, perhaps bitcoin is now in an extremely risky zone, and can certainly collapse, but I think still this will not happen, and it will only rise and will work for a long time.

yes all people could give their opinion and we do have our own. I do think the same that bitcoin would not die and i do think its good investment for long term and there is many people use bitcoin for day trading cause its has a good leverage for profit.

LOL. Why are you talking about bitcoin dying here? Although its sad to hear that Spain is taking a hard stance against bitcoin, but it doesn't mean that it will collapse. We have heard a lot of similar stories from big banks around the world but still we are here standing and enjoying the price around $7500. And its remotely to go and going to collapse, a lot of investors will not like to see that so it so they will do everything to keep the well oiled machine going.

[Astvile]

That for me is not true at all,think of the rivalry  happening on cryptocurrency and banks,bitcoins are overtaking all bank user  to join the bitcoin revolution huge number of people are now adopting bitcoin.I think they are just stating that because they just want to prevent more people exchanging cashes in bank for bitcoins.Or to discourage upcoming users

[Farahtenan]

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?

Yes, Bitcoin is very risky but I think the risk of Bitcoin can be replaced with the advantages of Bitcoin. Yes, Bitcoin has many advantages and I have forgotten that Bitcoin is very risky. Because Bitcoin is too profitable for me.

[nayeel]

yes i acknowledge Bitcoin have more risks than benefits.but if don't take any risks chance then you can not gainer.now btc prices is down.hoped that coming soon rate up and it will only rise and will work for a long time.