greennesslatern
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October 06, 2018, 04:44:01 PM |
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crypto itself can not be so clear yet if risk or benefit. what is for sure is that the blockchain technology beneath crypto is absolutely benefit
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Oldi-mii
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Activity: 53
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October 06, 2018, 04:55:21 PM Merited by Financemy7 (2) |
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For me, cryptography offers more opportunities for profit than risk. But after all, there is risk everywhere, take a bank where I hold a part of my money - I have no guarantee that the bank will not become bankrupt. If you are smart enough in this area. Get enough knowledge to make the right decision, then you will definitely win. Crypto is easy money that someone can earn even several times for their investments.
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veekky
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Activity: 490
Merit: 10
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October 06, 2018, 04:58:25 PM |
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What is your approach? Are you a long term holder or short term trader?
In any case you should have your own strategy and keep going according to this strategy.
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awazieik
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October 06, 2018, 05:17:14 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.
Well the risk of crypto is that it poses a threat to the financial institutions that still hold on to the mindset of central control. Apart from this, the use case of blockchain has shown that the blockchain is revolutionary. |
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popolite11
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October 06, 2018, 06:11:06 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 do not agree with the statement that crypto brings more problems and risks than possibilities. That's not the right way of thinking. We must to believe and try to find new opportunitites and possibilities. |
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Dinct
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October 07, 2018, 01:10:08 PM |
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Various banks fear the potential that Crypto brings. If people can directly transfer money throughout the world without involving the bank, they will lose a lot of money in fees.
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masterrex
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October 07, 2018, 02:26:46 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.
It's not new since the one who said that is from the Central Bank of Spain those people are against in the Cryptocurrency from very beginning so what can you expect. But its true Cryptocurrency has risk factor But I don't agree with the statement that it bring more risk than Benefit. |
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Lalafell
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October 07, 2018, 03:46:58 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.
Totally agreed to your thoughts. People always says negative to something because they are against of it, they tend not to see its benefits or good sides. In every business we take, it has a risk. In every decision we made whether in cryptocurrency or not we are taking a risk. For example crossing the road is a risk. if you cross you might get an accident or you may able to pass to the other side of the road. If you don't do anything you will stock-up to your position with no development or progress. Like in business if you don't do anything you will stay on what you have. You lost your opportunity to grow. |
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InGODweTrast3
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October 07, 2018, 03:52:56 PM |
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I think that decentralized currencies threaten the world government and can be very unacceptable for most states.
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Nasonn
Jr. Member
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Activity: 616
Merit: 1
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October 07, 2018, 03:58:34 PM |
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I think right now the negatives might outweigh the benefits since most cryptocurrencies currently have little to no use except as an investment which may end up as a loss.
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Qiuyue201
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October 07, 2018, 04:09:58 PM |
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I think that decentralized currencies threaten the world government and can be very unacceptable for most states.
The decentralized should be included into the benefit of the crypto because it was offering the new decentralized system that will help us to get more benefit to secure our system dude. AFAIK crypto brings a lot of benefit rather than the risk. If they are only holding their coin and that could be the different case. |
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PurpleTulle
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October 07, 2018, 04:11:06 PM |
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I'd say benefits. Because blockchain has exposed us and brought solutions to problems that we have suffered for ages. Projects using decentralised systems and smart contracts have made transactions secure and trustworthy. And from Crypto projects, we are seeing real world use cases of what they term risky. Yes it may be risky, but that doesn't annul the fact that it's benefits balance or even surpass the risks. Projects like wpp are changing the energy sector, goeureka and tapcoin- travels and hospitality sector and even stem cell innovations in the science sector. So crypto, definitely more benefits than risks.
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Drakula
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October 07, 2018, 04:21:17 PM |
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I think right now the negatives might outweigh the benefits since most cryptocurrencies currently have little to no use except as an investment which may end up as a loss.
Yeah I agree with you but that doesn't mean it's applicable to every event since everything here is ever changing. Its still very good to invest in. |
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deevan
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Activity: 238
Merit: 7
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October 07, 2018, 04:23:55 PM |
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Not only crypto all other businesses can bring more risk than benefits, its a user interest where he wants to invest his money, whether it is crypto related or other businesses. Don't assume to earn a lot of benefit/profits in the start you might do some mistakes & might your investment goes in a loss, but as soon as you realize your mistakes you can learn from it, correct it & it then might turn into passive income in future. People are jumping into crypto by thinking it is a quick rich scheme overnight which is not true.
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Sama517
Jr. Member
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Activity: 196
Merit: 1
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October 07, 2018, 04:27:36 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.
The benefits we enjoy in cryptocurrency is far greater than the risks involved. The problem we have often created for ourselves is that we always overblow the risks in cryptocurrency out of proportion. |
▄▄▄▄▄ REFINE MEDIUM: People's own media ▄▄▄▄▄ |
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Xising
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October 07, 2018, 04:31:21 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.
For me, it does have its fair share of both. I mean, it's already been established in the recent years that this market has such a volatile movement that it's just very difficult to find success in it, especially if you won't invest enough time and patience in it. However, as it has its dark side, it also has its good. I mean, many have already attested can be a game changer, more specifically when your projects or bounties find success. I know it's difficult, but if you are really serious about your investments, I think that, anything and everything can be made possible. |
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rapsa2018
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October 07, 2018, 04:45:31 PM |
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Crypto is the most risky thing that i know in making some money like joining trading and investing you need to gamble your money to earn.
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kipo
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October 07, 2018, 04:47:18 PM |
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I think that crypto is the best way to earn money, regardless the presence of risks which are definitely here. To my mind, you need to take into account that if you don't risk you will not earn
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mir4a
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October 07, 2018, 04:57:44 PM |
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I think looking for whom. for some, this is a chance for greater success and a promising future. For others, this is a solid risk and anxiety for the result. Everyone builds his own business and its development.
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yigga
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October 07, 2018, 05:13:55 PM |
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No doubt Crypto have more risk But without taking a risk you can't earn money. Crypto can earn more money compared to others. You get that benefit but too many risks also there
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