Bitcoin have more risks than benefits?

[Uno17]

In my own opinion, it is just equal both the risks and benefits. How big the potential and benefits there is, is as big as risks it has. But overall i would like to think that if you will invest more patience to your investment (bitcoin) at the end you will enjoy the benefits of reaping your gains. So being optimistic also will give more courage to bear and hodl long.

[nduvan]

risk is everywhere. no matter what or where you invest at, you are taking a risk, risk of losing. i would prefer taking risk than to not take any risk at all. by taking risk, you have a 50/50 chance.

[nik009]

Nothing changes, a few years ago there was also a lot of information and absurdities about the huge risks. But in December last year bitcoin showed its strength. Bitcoin will recover to its previous highs, I'm sure

[Wonder_woman]

This depends on how a person uses bitcoin, if the person knows how to utilize bitcoin well, then it would make great benefit or give big profit to him. But there is a big risk if you are not knowledgeable enough on how to handle bitcoin to make profit, it would make you end up having loss.

[NYONYG175]

Bitcoin is a risky investment to start. Because bitcoins are very volatile, Many bitcoin hunters try to spread their bad reputation on social sites. and do not forget that we should also remember that bitcoin is the best and has tremendous benefits.

[Ethan Argu]

Many risks whem it comes in investment. Specially if you don't have that enough knowledge to do so. If you're newby in the industry make sure that you have enough knowledge and you're duly educated on what you are doin. Knowledge is better than smart.

[Cita1]

why bitcoin should have more risk  than benefit? I think no one want use something with problem.
If you store some of your wealth in a digital asset or token you should trust them and you need to minimize all risk. As example read glacier protocol that explain how to set up a completely "secured" btc wallet

Agree this is not a good subject to tackle. Bitcoin has helped a lot of people around the globe. Many are using this as payments since the transaction is faster and incredibly easy. Yes there are some advantages and frustrations but if you will really dig deeper and learn about it you can see that there are ways to eliminate the occurrence of issues. So far it is more of a benefits for me and for my colleagues.

[Nenni]

Not really, Depending on how the person can manage it, if we know how to use it will get a big profit

[Gotumoot]

People who had earlier invested  in bitcoin are successful now while some who had dumped their coins to wade off risk, in a long run bitcoin has been very beneficial to the early investors although late investors had to take unfavorable risk due to the unpredictable nature of bitcoin.

I have also invest in bitcoin and i have got a lot benefits in the year 2016 and 2017, but in 2018 i have seen that bitcoin decrease its value that is why it has more risk than benefits today unlike last year. A lot of investors also started quitting because there are so many dumped coins.

It doesnt matter if you invest earlier or late. Its just that when you invest on something like investing on bitcoin is you're taking more risk because all the thing that you desired is cannot be obtain by just a risk, it can be obtain by risking more. At some point, you were just lucky if you get what you desired by easy step, if its your destiny to success, you'll success.

[Kuya Kim]

risk is everywhere. no matter what or where you invest at, you are taking a risk, risk of losing. i would prefer taking risk than to not take any risk at all. by taking risk, you have a 50/50 chance.

Indeed, risk is really everywhere. Bitcoin is risky but it doesn't mean that it is full of negativity. Bitcoin have benefits and one of these is it is a good investment; you can earn from it.

[Ngewex Yuk]

Not really, Depending on how the person can manage it, if we know how to use it will get a big profit

People are afraid of bitcoin investments because they see prices too volatile, but for real investors this is a good opportunity to earn profits because the opportunity to get big profits even in a short time.

[Tan_avia)vl.]

It's no surprise that the official banks are saying that. Of course, it is not profitable for them to be engaged in cryptocurrencies, instead of going to the bank to take loans.

[kidoseagle0312]

I think in our current situation where Bitcoin and cryptocurrency is still new to banks, its normal for them to say that its risky. Banks still doesn't know what can really happen if they take in cryptocurrency. They can only predict what can happen and it just happens that they're playing safe around it. We just need to give it more time so that these two can agree in terms at some point.

[sakib12121012]

Bitcoin Currency is a risky medium. But it can be beneficial to apply more money to retain the risk of Bitcoin. Bitcoin can be very risky, but bitcoin has proved that it is possible to double the money through them. Instead of risk Bitcoin gives us the advantage.

[Tugsukana]

I think it depends on how you manage. It may attract people's attention, there maybe a good and bad impressions. Some think that risking their money to bitcoin is somewhat a great opportunity, and a big challenge which will benefit us when the value of each coin spikes to the highest value.

[market-beta]

although bitcoin has a fair risk. let alone business bitcon in any field there will be no risk. that's all we return to in itself. because I'm sure if bitcoin does not use they sure the bitcoiners will stop investing in bitcoin .

[Balkirikk]

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, created cryptocurrency has many risks and has been notified by the creator of bitcoin. Bitcoin and crypto never force someone to enter the crypto, If you want to enter into the crypto must be willing to bear all the risks of the crypto.

[Ardi wira]

bitcoin is for now experiencing a downturn. and are in a very risky zone. Adverse but I am very sure bitcoin only takes a long time to get up again and will setabil again ..

[AleksandrSMI]

Of course, there are many risks in bitcoin, but this is only the beginning, the beginning always contains many risks. for bitcoin and blockade in the future

[Andalusy]

Bitcoin has more risky factors rather than its benefits.One of the risky factor is the so called fraud.Online businesses offers a variety of selling and mode of payments which is we all known as cashless payments.We can do payments with these cryptos and the least benefits of a bitcoin is you can exchange these into other currencies at the different countries.People must be aware to these risky factors and next to its benefits.