Bitcoin have more risks than benefits?

[Paul Pogba]

Can be said that bitcoin investment is risky and currently more risky than the previous month, this is because many users are panicked so sell at a cheap price that makes bitcoin investment is a very risky thing.

[ritiktakyan01]

To take even more advantage, it is also necessary to take some risk in bitcoin if there is risk, then the profit is too much. Due to higher profits, investors are taking risk in bitcoin.

[nurbay]

In my opinion, all things must have risks, including the use of Bitcoin also has a considerable risk.
However, these risks can be minimized with good management.
Surely a Bank would say that Bitcoin is not good to use because the existence of the Bank could be bergeres if many people who use Bitcoin and bank development will be hampered.
Therefore the bank preaches badness about Bitcoin.

[Emprmanite]

Will so called "experts" ever get tired of predicting the downfall of Bitcoin as soon as Bitcoin takes a dip and causing a bit of panic in the market? I guess not. Sure Bitcoin is risky but what isn't risky at this point that can bring you a decent amount of profit that involves the money that people have worked hard for?! The spreading of FUD by established institutions is a well documented issue in the world of Crypto. Even though Cryptos have their time to fall, all in all, they're mostly making steady improvements and we all know the potential of the tech. It's more important to do your own due diligence on any Crypto before putting your money into backing a coin

https://cointelegraph.com/news/bitcoin-dies-for-the-300th-time-trading-at-7300

[ruhel khan]

Every business and invest has risk. Bitcoin has some risk also. That doesn't mean it's useless. People are still investing in bitcoin because they are making profits and benefits from it.

[Xenrise]

Yes this is true. Bitcoin has more risks than benefits. The risk in investing in cryptocurrency for me is too high especially right now that the market is not being visualize by people that are professionals. What I meant from cannot visualize, is that they cannot read the market as of now.

[Daday23]

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,like what we experience today the price of bitcoin is going down and not it means we need to panic let just be wait it will rise again.And yes bitcoin is risky but it is profitable coins.And many life has change and have financial freedom.

[Mazda17]

the bitcoin is bad now, but I think it will change, because the longer the bitcoin changes, and we also have to remember that once the bitcoin was once the best and has tremendous benefits. so we do not look at bitcoin just one eye.

A good opinion and I agree with your opinion.
In every business or life there must be ups and downs, sometimes seeing bitcoin prices is too bad to see because bitcoin values drop dramatically and sometimes if bitcoin prices increase the more demand and likes a lot of people so maybe it's a bitcoin game in the market as well as when investing. But I'm sure that bitcoin prices are able to reverse the situation for the better after coming out of the ugliness because bitcoin is very strong in any case.

[im posible]

I think risk is another word of the consequences of an option. When we are wise and clever to choose the risk we take will be smaller. Investing in bitcoin for example, can not be denied that bitcoin can double the profit in a relatively short time but there is also a risk when we will lose the assets we invest in bitcoin. The wise solution I think is, invest as much as you can lose it for bitcoin.

[SnapDown22]

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?

[gathingbrus]

I am always cautious when investing and trading on bitcoin so that until now I have not faced with big risks. A slight loss is something normal. So so far I have enjoyed many benefits of bitcoin rather than the risks.

[issacwilliam]

Crypto currency will be very risky if you don't know how to make profit from it. Crypto currency is not just giving us risk to invest but a profit as long as you know how to use your investment to it.

[Btcmicel]

Crypto currency will be very risky if you don't know how to make profit from it. Crypto currency is not just giving us risk to invest but a profit as long as you know how to use your investment to it.

When you invest huge the risk in order to gain a big profits.  Being an investor we should know that even in a companies there is always a risk. But bitcoin is a strong, since the start. Althrough the price is going up and down but alive to give us a wealth that others can't give.

[BitPlace]

Yes this is true. Bitcoin has more risks than benefits. The risk in investing in cryptocurrency for me is too high especially right now that the market is not being visualize by people that are professionals. What I meant from cannot visualize, is that they cannot read the market as of now.

Yes bitcoin really has many risk than benefits. The risk is where you will hold this or invest it for it to become much bigger than what you've expected to gain. But as for now many people that are already professional in this transaction cant read the market value because of the lowest price it have.

[rudox]

Bitcoin investment like any other investment and business is full of risks. That is why you are asked to invest much you can afford to lose. Investment in bitcoin brings along aide it much profits if you were successful in your strategy. The profit is always higher than nominal investments.

[anung1994]

I think there are many risks. such as a drop in prices. But the benefits also exist, such as earn a fairly large income

[phelanceter]

In my opinion, there are more riskier if you have a lack of knowledge about bitcoins. But the problem is that most people do not even know how to deal with losses, that is the main reason of why they stop using or investing in bitcoin.

[DonaldHun]

In my opinion, bitcoin has the same risks as online commerce. about hackers, fraud. The special point in the type of investment in bitcoin is that you need more skills, knowledge to protect your assets and control profits by value growth. But in the trend of decentralized supply, just hold to wait for a good time in the future. Bitcoin can bring us a higher value than any traditional form of investment. In business, the ultimate goal is profit. bitcoin decides everything by the strongest "profit"

[Evangelin25]

ofcourse its an risky zone than benefits..but there are some ICOS  like runs.com is trying to reduce such risks by making investors to invest their experiences to create more memories......it may reduce the risk of bitcoin investment.

[tisoysoy]

In my opinion, there are more riskier if you have a lack of knowledge about bitcoins. But the problem is that most people do not even know how to deal with losses, that is the main reason of why they stop using or investing in bitcoin.

I agree with you mate, If I were them, I keep on research about crypto currency, especially In bitcoin and gathered those knowledge,  so that I can fully understand, how bitcoin runs In the narket of cryptoworld.