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Author Topic: Bitcoin have more risks than benefits?  (Read 3566 times)
Dacosta Osei-Tutu
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June 06, 2018, 08:38:40 AM
 #1161

All these are words which they try to use to paint bitcoin black to the world. Everything we do in this world has some risk attached to it and not bitcoin alone. Even bank investments are also risky. Anything associated with high risk has high profit in return that is why bitcoin is very profitable
Tiksi_Bay
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June 06, 2018, 09:30:27 AM
 #1162

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Timere
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June 06, 2018, 12:17:14 PM
 #1163

All these are words which they try to use to paint bitcoin black to the world. Everything we do in this world has some risk attached to it and not bitcoin alone. Even bank investments are also risky. Anything associated with high risk has high profit in return that is why bitcoin is very profitable

I think that the ratio of risks and possible income is very good when investing in bitcoin. In addition, it is a very good technology with a future!
rasel666
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June 06, 2018, 12:35:05 PM
 #1164

Yes, bitcoin have more than benefits.because, i think now bitcoin is risky.
gvnsrbtc
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June 06, 2018, 01:33:06 PM
 #1165

Bitcoin has a lot of risk. Especially on its value. Because it is very volatile. Price does not have a standard because it is determined that it has bitcoin. Besides bitcoin is a lot of innovation, they are worried bitcoin will grow for crime. But if bitcoin technology is not managed by good people. Then it will happen all. So we must support that bitcoin grows on the good stuff.
MakLampir
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June 06, 2018, 01:52:30 PM
 #1166

bitcoin has more risk than benefits in the sense that,the is no security for bitcoin and there is no government monitoring it. but when we are talking of the benefits,it is awesome  Shocked
12tribes
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June 06, 2018, 03:02:16 PM
 #1167

The first thing I want to say that more than ever before, the bitcoin is a revolution. Yes. A revolution. A new way of launching operations without having a body supervising anything brings radical change that hurts the usual stay put, boss over all system. There far more reaching benefits and advantages that the bitcoin revolution and the altcoins are bringing is welcoming and encouraging.

genuin
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June 06, 2018, 03:06:03 PM
 #1168

I agree about that in the curent time but bitcoin knew many successes in the past and We can not judge anything Due to what happen to it  in a single period of time
No need to judge bitcoin for any single crises as now we can see bitcoin is almost done with it and again rising so it is good if price rise and fall as it gives us chance to buy at low and sell high, I really like bitcoin as I bought some at the time of dip and now it is enough for me to start huge business so I took that miner risk and now I am the happiest person as I won a lot of, so if you will take risk you will earn more than your imaginations.
all decisions will definitely result in risk. including bitcoin investing. Bitcoin does not promise big profits for every investor, price movements are not controlled by investors. bitcoin is just a platform. we as bitcoin users can only use that platform freely because it is decentralized. that's what makes anonymous investors want to invest in bitcoin
Ar Rahman
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June 06, 2018, 04:24:02 PM
 #1169

all actions will definitely have a risk, so bitcoin, if we intend to buy or invest in bitcoin then the size we must monitor the price first, lest we buy bitcoin at the time the price goes up, everyone if investing would want to get a satisfactory profit, but for now bitcoin can still be expected to take advantage of the risks, we can see in those who have occupied bitcoin from last year, their lives are now more adequate after bitcoin, so I hope that bitcoin can still bring benefits to the owners. Grin
dificanovi
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June 06, 2018, 05:26:00 PM
 #1170

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?



my opinion, bitcoin does not have much risk if we can control the emotions when prices in pasa decreased. in buying altcoin and buying at a time when ICO should be careful not to get coins that do not have a bright future. I suggest buying at ICO time if there are many investors in it and have a good road map for the future.

Elmughni
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June 06, 2018, 05:34:43 PM
 #1171

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 think Every investment have risks.  If you want get more benefits you will have more risks. It is normal.
badungs
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June 06, 2018, 05:47:16 PM
 #1172

yes, indeed it must have risks. and I'm not saying only bitcoins are at risk, I think all cryptocurrencies are at risk. because cryptocurrency is a fluctuating currency, at an unstable price. but it all depends on the personality of each person. if indeed someone can make money in cryptocurrency, then it is a benefit and can not be said to be unworthy. everyone must have a strategy to minimize risk. so in my opinion do not be too serious to read news like this, because one of the causes of panic is to read such news. stay calm, and always think positive for every job.
deadpool02
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June 06, 2018, 06:35:03 PM
 #1173

Everything has its pros and Cons. Bitcoin is very volatile which makes it risky but people who have a thorough knowledge of investing in cryptocurrencies make a good profit. Sometimes you have to take the risk to see some good output. Afterall, you learn from your mistakes.
Kola
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June 06, 2018, 06:38:13 PM
 #1174

If i had money, i would make my own business, but, there is much things that u can get bankrupt, does not matter what to do, but one thing with bitcoin i like, u can live anywhere you want, thats a great thing
Iconic Love
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June 06, 2018, 06:48:30 PM
 #1175

Bitcoin have risk but its depends on you... where and how You trade for bitcoin.
Here is  scam sites but not so much.if You dont judge anything and just invest..money then it can be bad for you.before investing worth you have to be alert and  follow publi. response about any ico and also read well about that..after that if you feel safe then you can invest.it scams some times but over all its very good..and you can get  good benifits.
nayeel
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June 06, 2018, 06:52:29 PM
 #1176

not only bitcoin but also any trading have some risk.bitcoin have the big risk because prices rate are not fix.perhaps can certainly collapse.i hoped that it will only rise and will work for a long time.thats all
Alifal
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June 06, 2018, 07:00:04 PM
 #1177

yes i acknowledge Bitcoin have more risks than benefits, not only bitcoin but also any trading have some risk.so bitcoin have the big risk because prices rate are not fix.perhaps can certainly collapse.Still it is a profitable coin.i hoped that it will only rise and will work for a long time.
Baby Dragon
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June 06, 2018, 07:29:10 PM
 #1178

I think every form of investment will have its own risk and certainly not just an investment in bitcoin but I think any other type of investment will be at risk. so I think it is a common thing to do in terms of investing activities and maybe the risks that bitcoin has for the time being the fall in bitcoin prices that causes the risk of loss. but that's a bitcoin that can not be predicted maybe now the price of bitcoin is down but we do not know in the future and I think it could be bitcoin prices again increased significantly.
In every kind of investment you face the risk, especially in bitcoin. The risk of bitcoin is the value when getting down, bitcoin is unpredictable sometimes up and down. Its hard to predict but we know it's a unstable we have a hope that bitcoin increasing there surprisingly.
 

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Glutius
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June 06, 2018, 07:49:28 PM
 #1179

Of course, ordinary banks will oppose cryptocurrencies and similar digital competitive projects. They are well aware that these technologies are much more advanced.

LETme
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June 06, 2018, 07:51:51 PM
 #1180

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?


As of now bitcoin is more riskier that generating a profit but it is normal because of volatility the price of bitcoin is not always going up so be ready when the price still decreasing but we need to control our self not to become a panic seller because bitcoin is good for long term hold, I still believe in bitcoin I know it can repeat the history because as I notice bitcoin price soars high before year end I hope it will happen again.
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