Bitcoin have more risks than benefits?

[Oppang Inamo]

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.

Bitcoin is really risky, and if you invest here there are definitely things to be consider. Also, it really happen that bitcoin's value keep changing from time to time. Sometimes the value is too high, and sometimes the vale is too low. Yet rest assured that even if the value fluctuates, it will recover and increase again. There are still many benefits here.

[Menawikitajodohkok]

it's up to you if you think. opinion may and please. but I personally if I think bitcoin Despite its negative side. but I'm happy to invest in bitcoin. because I still can get Wak profits just a little.

[julius caesar]

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?

Actually it depends because Bitcoin and other types of cryptocurrencies do have their different benefits which can also be associated with risks which we should have known at the very first time we are up into engaging into this type of existing currency that more risks can be gained because unlike regular currency, cryptocurrencies are really prone to risks due to the fact that it is on the virtual manner. But the risks and benefits of it will be depending on the one who handles it and that must not be all blamed into cryptocurrency since people are always behind in this thing since we are the ones who have made it.

[IntraCoin]

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?

Banks will say that because they see it as a threat. In the beginning stages it does have more risks as with anything, but it's in those beginning stages where people make the most money.

[sapnu]

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's quite true but without risks no reward should be expected. It is natural to have bitcoin risky knowing that it has a volatile value which confuses and makes our heart skip a bit everytime it is falling. Though that's the thing, you shouldn't be discouraged on investing here in bitcoin instead you should learn how to avoid or make the most from the risks.

[Serious475]

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?

I agree that investing in Bitcoin has more risks than its benefits. You may not know when Bitcoin will end. You do not know when it will reach its low and high price. Even though Bitcoin is risky, people are still investing. They do not worry because they are optimistic on their view about Bitcoin. Being optimistic gives you many opportunities and lessons in life.

[goodfortune2018]

In my opinion bitcoin has great potential. Still it is a profitable coin. I think it will work for a long run. Don't be panic about bitcoin.

I think the time is also matters, may be today bitcoin is too risky to invest because of so much big fluctuation occurs which is very unpredictable but before as the bitcoins started to introduce in the market bitcoin is so very beneficial and some are becoming millionaires.

[Oanhsevt]

It is a risky investment for people who do not understand bitcoin, have millions of lost bits, their owners can not get back to their own assets. However, if anyone uses bitcoin, Where do they get money so they always have negative thoughts

[alroys]

All investments have risks, not just Bitcoin, Gold, silver, soil are all at risk. And the risk that is given Bitcoin I think is proportional to the benefits provided. this time it seems only losses are given Bitcoin, because the price is down. but try to remember again late last year, how many investors are benefiting from soaring Bitcoin prices.

[Punisherx100]

Day by day, you can see many news like it. But bitcoin has great potential. Still it is a profitable coin. I think it will work for a long run. Don't be panic about bitcoin. Hopefully price will be increasing very soon.

It is indeed a profitable coin! It also depends on you if you take such risk in bitcoin if you dont want to then join the campaign and then the money that you'll get or should i say the tokens you can use it to invest.

[sri.bima]

I think more and more people know and see a lot of people interested in it, bitcoin has great potential and big risk also for everyone. but will give you a profit that is even greater than we thought. I think it will be our job for a long time by controlling ourselves not to panic about bitcoin. hopefully the price returns to normal and increases.

[Nanashev]

SOMETIMES i do not understand why some people hesitate to take calculated risks. Investing in bitcoins is undeniably the best businesses I have ever involved myself. I could have invested that money in my bank and earned only 2.7% every month at a very low risk. However, when I invested the money in bitcoin instead, and at a higher but reasonable risk, I earned a whooping 148% in just two weeks after the rise of the coin. What i want to advice people is that investing in bitcoin in a little bit risky but the benefits are just incredible. The only caution is that DO NOT INVEST WHAT YOU CANNOT AFFORD TO LOSE.

[wahyu5]

Now I see bitcoin more at risk than benefit, my hope bitcoin can prove itself that actually there are many benefits that we can take through bitcoin.I hope bitcoin can be better again in service and can prove himself is the best crypto with the highest price .

[maxcrypto322]

idk

[Wayan_Pedjeng]

Yes, if you invest a lot of money and store it in form of bitcoin its too risky because we don't know maybe tomorrow bitcoin will vanish

Bitcoin is not going to vanish all of a sudden. Even if it losses its value, it is going to be a slow process which can stretch for many years if not decades. But then again, in the world of crypto-currency nothing can be taken as guaranteed.

[chard lie]

Noted. That is why we should spent more time in this forum to get updated and reduce the risks. But I don’t agree to the statement of Bank of Spain that bitcoin is not worth it.

[david tex]

The risk is as high as the return. This is very simple to explain; If you want to earn a lot you have to take risks. Investing in gold or beating for profit is a more logical option.

[jacksully]

 See it as a back end where most people don't actually interact. The average person doesn't even know what encrypted means.

[dinar99]

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, perhaps today bitcoin is high volatile. Bitcoin have more risks , but bitcoin also have more benefits. It is my opinion

[luan la]

Countries now have regulations on bitcoin. Bitcoin has great potential. fluctuating fluctuations. It is sure to increase in the future and set new heights