Bitcoin have more risks than benefits?

[Linanak]

I think some countries that no rick's, but most of country that is rick's bcs government not permit bitcoin.I think I am new user so I am not good knowledge at bitcoin.

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[Stavr1992]

Recently, people lost a lot, investing in bitcoin because they quickly wanted to make money on the growth of bitcoins. Thus, confidence in crypto-currencies decreased. But interest did not disappear.

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[okour999]

it is not risky to buy a bitcoin if you have patience and do not panic just keep the bitcoin and you should also update bitcoin so you will not be able to buy bitcoin if it will increase you to bitcoin updates to earn you get bitcoin if you buy cheap bitcoin

[samputin]

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?

Investing in bitcoin is a risk because theres a doubt that your capital will double or triple the value or lead it into bankcruptcy. You need to be a risk taker in terms of investing to get more tremendous benefits be positive and smart in terms of investing.

Well for me its risky yet profitable. In all business taking risk is always part of it, if you want to gain more you have to risk your money. But you need to know when to hold and sell. The benefits of the bitcoin is instant once the bitcoin roar so high but taking risk their is there, and will always be part of it.

[Matthew Oliveiraa]

In my view that in order to use Bitcoin you need wallets, exchanges, payment processors, etc. Not all of these services have perfect security and if your funds are stolen, all you can do is to hope your service provider will be kind enough to give you a refund.

[Zahrowil Qolbi]

every day maybe you will find news like this. But bitcoin has great potential. But it is a profitable coin. I think it will work for the long term. Do not panic about bitcoin. Hopefully the price will rise soon. Bitcoin is a risky investment. That's why you always hear or read bad statements. It's only up to you if you're willing to take that risk.

[Carterfinley65]

It is a  currency and sometimes its price increase or discrease. but moreover people make profit by bitcoin. On the other hand, government and other centralised authorities are highlighting risks again and again just to stop us from using decentralized cryptocurrencies because it is something that is taking away the power and control from them.

[roshanface123]

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, of course. Bitcoin has more risk and also higher benefit.  Only by taking huge risk, we can earn huge income.

[Maame Esi Sergio]

What were some of the risks they spelt out? Yes anything on earth do have some disadvantages and can never be perfect at all times. But the benefits of bitcoin exceeds all the speculated risks. Initially we are made to know that the cryptocurrencies are volatile and so invest what you can afford to loose that all. scammers, frauds, terrorism were not the motive for bitcoin existence. In the absence of bitcoin, these problems were still present due to the advent of internet.

[coromabur]

Everyone's thinking will be different about bitcoin, it is true that bitcoin is more risk because bitcoin has ups and downs in terms of price. but not a few people also think bitcoin will be a promising form of investment in the future

[kogalymspb]

Cryptocurrency is really popular these days. That’s why new products keep emerging everyday. Just look at Paytomat! I have been reading about this product a lot and what I can say is that Paytomat team consists of experienced crypto entrepreneurs, blockchain evangelists, retails specialists and marketers! You just have to check it out

yes, totally agree with your post

[Nissan-GTR]

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?

It is, this is a very open-source forum, in which whoever you are you are allowed to access bitcoin and start your business things here, but on the contrary Benefits were lesser forhose who aims to gain since scammers and hackers were spread all over this forum, just like a see you didn't know what's in your front, its like you are blind under the water, you don't know who's with you and trying to cheat on you. I guess that's how risky to be in Bitcoin for us to earn.

[Mylove risa]

Well there is no denying that bitcoin is very much risky especially that it is a digital currency and has a high volatility. however, despite all these, i still can see so much benefits from bitcoin like its capacity to become an investment and at the same time a currency. other than that, it can also be used in certain transactions and a way to transfer money securely.

Everything must have risks depending on how dare someone takes the risk because I think later bitcoin will keep moving forward and have a good future. When Bitcoin has more risks, it seems very discouraging. Risk is the norm in every investment sector, no need to fear or increase the risk level with Bitcoin. So I will continue to take risks in bitcoin because I believe by investing there will be many benefits derived from bitcoin.

[crypto.kaka]

you see everything involves a point of view. in the event that you are contributing all your life reserve funds and taking a credit to put resources into bitcoin and a considerable measure of other irregular poo at that point obviously the dangers are significantly more than the advantages.

in any case, on the off chance that you are contributing some cash that you don't need or even better some cash that you were squandering, as on the off chance that you were smoking, you can contribute the cash you were squandering on smokes each day to put in bitcoin. that is doubtlessly significantly a bigger number of advantages than the dangers.

[k@suy]

The major risk woth bitcoin is its volatility. This is crucial if it is suddenly changing or gradual from time to time. But in terms of its advantage, bitcoin is fast secure  and now woth lightning network...its very reliable.

[cr1tbayman]

Yea I think bitcoin is getting more and more risky ourdays, why ? Because government is paying more attention to it and  will regulate it more and more in the future.

[osmo]

bitcoin does have a lot of risk than the benefits of it being said of the bitcoin hater. but I think bitcoin has many benefits that we can get and I believe bitcoin will remain a valuable item now and in the future

[elkafee79]

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, I think bitcoin more benefits than risks. because I personally have got alot benefits from it.

[Wish 107.5]

For me, in my own experience, im more into  joining bounty campaigns and airdrops to earn free tokens than purchasing tokens and wait for market price to increase. I only invest time and patience and extra effort so once it all paid off, everything is worth it. I made big profits with time and effort only, no financial investment, so i can say it contributed more benefits than risk

[Arrazi1507]

yes it is true that bitcoin has more risks than benefits, one of which is extreme volatility, lack of regulation, issues of legality, scam-shaped fraud, and illegal activity.