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Author Topic: Does crypto bring more risk than benefit?  (Read 6485 times)
ClaytonLWils (OP)
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May 23, 2018, 03:49:44 PM
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 #1

Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.

please share your thoughts in favor of mine statement or against.

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AbyssLagiaz
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May 23, 2018, 04:05:39 PM
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Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.

please share your thoughts in favor of mine statement or against.

I agree that both contains risk, but in business you're kind of having the control in reducing the risk. While in cryptos, it is basically decentralized and the risk inside of it isn't defined because of how unstable it is. Trading could basically be your way in crypto to reduce the risks involved, however when we're gonna speak about the profitability itself. Crypto holds that risk. In business, you could study the feasibility of a certain business in an area then take advantage of it.
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May 24, 2018, 11:31:01 PM
 #3

the cryptos bring more risk than the benefits to get is a wrong statement, Central bank Governor of Spain is afraid of cryptos because they havn't knew it yet. every business has it's own levels of risk, if you want to be gainer you have to be smart enough to play it safely. this is how business works.
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May 24, 2018, 11:34:22 PM
 #4

The various banks are afraid of the potential that Crypto brings.  If people can instantly transfer money across the globe without involving a bank they stand to lose a lot of money in fees.  This is only one of the reasons they dislike Crypto though.
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May 24, 2018, 11:35:57 PM
 #5

   Risk are already in every business and investment. it is only up to how to handle the risk. Crypto are risky, yes it is right but it is more benefit in crypto than risk if you have enough knowledge about crypto, about investing,about trading and doing any business inside crypto world. Risks and benefits is always in your hands.
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May 24, 2018, 11:45:38 PM
 #6

You are quoting a Central bank Governor as if he is a person that really cares about people, not about his bank only. Of course, crypto brings risk. And the highest risk it brings to banks and all the government sector, that is what he is worried about.

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May 25, 2018, 12:02:03 AM
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Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.

please share your thoughts in favor of mine statement or against.

Probably, the government was just afraid of crypto that they say that as a warning to those people that wants to learn and invest with bitcoin. Investing is really a high risk always especially if you are talking about bitcoin, but for me it is different. If you are smart enough you can get high gain than risks with crypto, the risks are only when the market price goes down but in trading depends on the person. Think about what you believe and not others will you will be successful in the future.
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May 25, 2018, 12:11:43 AM
 #8

It has a risk but if they are willing to study more about crypto they will earn big just like on trading altcoin and holding a potential altcoin. Crypto has so many benefit but before they can see it they must gain experience and devote the time for crypto.
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May 25, 2018, 12:44:06 AM
 #9

Right now there'there's a lot of rosk, but it's all a relatimely new tech and concept for a lot of people and countries. As platforms are developed and rolled out to make it more accisble and regulations are passed to make it not seem like the wild west, the adoption will increase. It's a pretty exciting time to be involved in it though if you have the stomach for it!
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May 25, 2018, 12:50:14 AM
 #10

Like any financial instrument its a sea of even more dangerous market than forex or traditional stock market. You could believe but you would never when it could cease operation as there are so much uncertainty and those prices are free off and not regulated at all. For me its all about timing to enjoy or suffer, those with loses and still holding says its risky, those smarter trade says its awesome.

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May 25, 2018, 12:53:29 AM
 #11

 Digital currencies are gradually emerging as the sole units for financial exchange.
The benefits crypto bring is far more than the risk. Sweden already operates a cashless ecosystem, and many view the Scandinavian nation's model as one the US should follow. E-wallets replacing three-fold leather ones is old news. Now, cryptocurrencies such as Bitcoin, Litecoin and the like are leveraging their infrastructure and emerging as the next big thing for both investing and spending, the only risk involved in d crypto world is its market fluctuations and if investors constantly invest, then everyone will keep smiling.
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May 25, 2018, 12:57:14 AM
 #12

I think that crypto currency bring more profits then risks
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May 25, 2018, 12:57:51 AM
 #13

There are risks on everything with do. It just so happen that cryptocurrencies have higher risk because it is still on its early stage. We are not yet on ghe adaption stage. Yes, the higher the risks, the greater the return thus, investing and believing in cryptocurrencies will give you a big profit in the future if the whole world will begin to acknowledge it.
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May 25, 2018, 12:59:46 AM
 #14

Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.

please share your thoughts in favor of mine statement or against.
I do think Cryptocurrency is very risky investation right now, but i do still stick with crypto cause i believe somehow and eventually this is will become our future and will be use in future. Maybe there is some people that are trying to deny and didnt see the value of cryptocurrency but i believe there is the time when all people start to believe on it and changes do need time so just be patience .

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May 25, 2018, 01:04:36 AM
 #15

Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.

please share your thoughts in favor of mine statement or against.

Form me its 50/50 but in favor of benefits. The big risks that we need to face when joining crypto currency investment is one is the volatility of the price in which we can minimize the risk if we know how to handle this like to choose the best coin and always updated of market performance. The other major risk like scam can be avoided specially if it will be regulated and we do research before joining so if we know how to handle these two things then benefits will surely be at hand.

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May 25, 2018, 01:10:11 AM
 #16

Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.

please share your thoughts in favor of mine statement or against.

Even keeping banks are risky because there are chances that it can close without any notice so all businesses will have a risk of using but we should look at what benefits product has apart from just risks around it.

Maybe he is too late to realise the crypto potential and may want to buy now at a lower price so using his position to create a panic in this non-regulated market.

I don't know about other I made a good profit from my crypto investments so I will continue using it and ignore these comments from bankers.
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May 25, 2018, 01:11:58 AM
 #17

No one can really know what is the right answer on you question, this is dimostrate that the fact of 90% of traders are in loss on the market. We are still in the start of new tecnology and can me a success like Internet on 90s.

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May 25, 2018, 01:12:05 AM
 #18

Risky thing on this business and benifits are like a competitor things, but we must think that cryptocurrency business is a life savior and a economic savior. On this business, the risk is always present when we are not a wise person, however even those person that already having high knowledge and ability on this business will also encounter several risk problem, but they can immediately resolved, and talking about risk, some account here totally banned as what my friend says that their account is totally banned because of the rules or they maybe disobedience user, and another risk issue are all about scammers and hackers. But all risks are part on this business, we must accept the fact that it is already a part on cryptocurrency business, all we need to do are always on double careful in order to avoid such several risk problem.
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May 25, 2018, 01:12:58 AM
 #19

In my opinion crypto offer very high return with also high risk, only in crypto possible to make profit 10 times in just 1 month or 100 times in just 1 years, and no others kind of investment offer this opportunity. All kind of investment offer different level of return and risk. Though crypto has high risk but i prefer to chooce this investment than others.

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May 25, 2018, 01:18:25 AM
 #20

No, absolutely not. The risk is being introduced by people that manipulate markets and destroy the average investor by causing things like pump and dumps. When regulation fixes these issues, crypto won't be as risk prone as it currently is.

Besides, with supply chain cryptos like Ambrosus or VeChain that have a real world use case and interested businesses - how can crypto be more risky than beneficial? It all depends on what you're invested in! AMB especially is very undervalued right now.
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