Does crypto bring more risk than benefit?

[nlaara12]

This depend on how you handle or operate it. As far as i am concerned, it has brought me more profit than risk. Although, it can be risky and there is no business that does not have its risks, but crypto has a lot of gain.

[1715103595]

1715103595

[1715103595]

1715103595

[bittick]

Crypto or Blockchain technology is not new anymore. Millions of people are involved in the crypto field. You can find many examples that Poor man becomes a rich after joining in the crypto. I assume crypto as a blessing for us from the Almighty God. So, I can't agree that crypto brings more risk than benefits. Thank You.

What blessing lol, it's created by Satoshi Nakamoto and cryptocurrency is basically just an ordinary currency with ability of transfering wealth nothing more, people become rich because crypto just got hyped up and it happen that few people holding it since the starts and as far as I know those who become rich from crypto is not a poor people but instead average joe who loves spending their time doing something in the internet to fill their curiousity.

[xuan87]

I think it bring more benefits if you know how to invest it properly, crypto are risky investment especially because it's decentralized, there are scam project everywhere and project where the price suddenly drop to almost nothing, so without any knowledge and experience, crypto really a risky investment, but if really do the research and understand the potential, the market and the vision, you can minimize the risk and it can make you earn a lot of profit

[simpleholmes]

I understood this statement as there are too many ICO`s and scam project who have scammed people and get lost, if we analyze in accordance with them, than yes it brings more risk compared to the benefits.

[dobol]

Similar to Indonesia (BI), they also made some articles stating that crypto was very high risk. but I do not think they just have enough reliable resources to be used as a reference for how to use them to benefit the government

[olsyd]

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 with the Central bank Governor, now crypto is a very risky investment, it's unstable, unpredictable and not regulated by law

[kakade]

Basically, crypto brings more benefits. It leads us to know exactly the developing technology around the world through crypto. We can do trading and investment easily in crypto without centralized system. Crypto allows us to earn the money or profits as much as possible, as soon as possible. Crypto will also let us chance our life. But, crypto will also be able to bring more risks for us if we are not careful in analyzing the crypto (coin, ICO project, and others.)

[IVEXO]

This depends on your opinion about crypto currency and level of knowledge you know about crypto currency,
it also depends on how greedy you are when trading.

Crypto requires you to be smart and ready to puonce on every dump, and ready to get your profits on every pump, do not wait too long to cash out profits or you end up in losses.
Learn from obsession.

[Inuldarahrendah]

personally, ico give many advantages. we know that cryptocurrency investment  is a profitable investment than others investment. otherwise if we don't have capital to invest we can follow ico and we will get coins for it. I think cryptocurrency would be beneficial if we use it well.

[intermezzo]

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 also agree with you, all the work there must be a risk, and I think crypto brings good impact for the future, crypto also gives many advantages,
we will not succeed if always worried if fail or lose, we must dare to make decision to keep working in the crypto world

[gempil]

It is in your efforts. If you do it appropriately, by choosing a reliable program and you are doing it seriously, even if you have a high level of risk, I am sure that you have a much higher benefit than the risk you have. Unlike the case you choose a program that perfunctory, unknown background and do not have clear information, it will make you have a risk far greater than the benefits you can get.

[strawberrypills]

Cryptocurrency is more volatile than our fiat currency and its risks aren't as defined. But both of these things each have their own disadvantages. The thing with cryptocurrency is that it has probably more benefits than banks. It's only a risk if you don't know what you're doing.

[Jdragon6x6]

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.

Yes you are correct, if you take more risk the bigger your achievements will be but on the other side you might also lose everything as well. For me you will have less risk to tackle if you are well informed and have a lot of knowledge. The more you know about cryptocurrency the less risk you will face because you know what you are doing.

[mh6e]

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.

It depends on individual points of view,but for me in my own opinion it is more beneficial for me. Because you earn while not putting actual money. Although it is time consuming but in the end you'll get reward. At the same time you learn a lot in joining project and forum.

[Asawakobana2017]

I think it depends upon the strategy used by every individuals on the crypto feild. We can never predict our earnings here but if we work hard on it we can have more assurance to gain an extra income. I think we need to learn more about crypto to gain more profit and to prevent our self from lossing an amount of capital.

[gaurav82]

Business is different from the crypto. In business control is in our hand and we can change according to market conditions changing. We can minimize the risk in business. But in crypto this is totally decentralized. Profit or loss with the market. If we afraid from risk then we can take crypto as service than investment. By this funds can transfer worldwide easily. Nevertheless I want to say that crypto has risk for investment but it has more chances of good profit.

[smhome354]

Any investment comes along with risk. And rewards can be achieved after taking risk. So when taking crypto as our investment we need to be always prepared on risk coming our way. After that we can be more than happier enjoying the fruits of our effort.

[Mike Tyson]

according to this, the crypto world I think that the risks and benefits will definitely be obtained by everyone who will join the world of crypto. and if we talk about how much more will happen between the risks or benefits I think it will depend on the user crypto itself. I think if everything goes well with the mind, you can minimize the risk.

[neo10w]

This is different from the stock market, because the token will have the risk of disappearing, equivalent to the futures market, you may lose all your principal. But the currency futures market is even more dangerous, because the project is opaque, the scammers are rampant, and you can't judge.

[zmkriel]

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.

Yes it can be risky if we don’t know what we are doing, i mean what would be the right cryptocurrencies we are going to buy since there are thousands of numbers now in the market. That is the reason why i always stick to bitcoin and just recently to ethereum aswell because i know the both coins that i am holding right now are potential and promising coins. I always goes to the safe side than to risk my money in investing to the cheaper one but doesn’t give me an assurance to earn profits from it.