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Author Topic: Does crypto bring more risk than benefit?  (Read 6485 times)
trash321
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August 20, 2018, 01:49:53 PM
 #701

Crypto-currencies really bring more risk than give opportunities for earning, it seems to me that now the market is not quite in the mood to enable people to make money, look at what is happening here now.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Kcryptonite
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August 20, 2018, 01:52:49 PM
 #702

It depends on your perspective. With anonymous cryptos money laundering is a bigger risk. But with crypto your financial freedom is yours, because no one can take it from you. So that is a benefit. So in my opinion it has risks and benefits.
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August 20, 2018, 01:56:01 PM
 #703

Hazard and reward are two terms related between each other. In universe of contributing, in the event that you wanna get compensate, you ought to acknowledge the hazard, chance is the thing that you pay for your future advantage. So those thing will be dependably next to. Go out on a limb or lose the possibility.
clarkt
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August 20, 2018, 02:00:32 PM
 #704

How are we going to know what works and what doesn't if we don't try,  cryotocurrency promises a lots of better way in finance,  trade and business.  The technology and the capabilities that cryptocurrency is bringing to the table is unmatched, unparalleled.  We just have to take the risk and see where it leads us!

Tawong38
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August 20, 2018, 02:02:21 PM
 #705

Actually being involve in different fields always put in mind that risk is accompanied whatever we do and decide.here in crypto risk and benefit have a diffrent impact if we take a risk to invest then its up to our decision if it can benefit to our self or not.
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August 20, 2018, 02:08:44 PM
 #706

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.


Cryptocurrency life would be better if we'll know how to give and take. we should know when to take the risk is we would want to have a good gain. As for me, since nothing is free in this world, we should know how to take  the risk. We could gain if we would sacrifice something and we'll have a good gain in return as well. Nothing is for free in this world.
sodiik
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August 20, 2018, 02:09:00 PM
 #707

It depends on how you use and apply your investment assets. If you can decide everything on target, I think there will be more benefits to be gained. However, with a lack of level of knowledge, it will make it difficult for you to find the best decision, so that it will also affect the results you get, you will only get a greater risk with very little results.

MetalGear
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August 20, 2018, 02:40:56 PM
 #708

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 dont think so , the higher risk you take the more benefits you get. Cryptocurrency is more risk but if you are really determine to get huge profit then dont be afraid to risk. Well sometimes it depends.on how you manage your investment.
Pamadar
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August 20, 2018, 02:52:53 PM
 #709

How are we going to know what works and what doesn't if we don't try,  cryotocurrency promises a lots of better way in finance,  trade and business.  The technology and the capabilities that cryptocurrency is bringing to the table is unmatched, unparalleled.  We just have to take the risk and see where it leads us!
Stepping to this business really give us opportunities to gain out from our investment, you are correct when you say that trying will give you chance to experience and to learned more about this market,crypto offers a wide venue to invest your money, it's up to you then on how to build your portfolio and make it successful in due time, don't of an easy gateway to becoming rich but a hard work to invest for your future, take the risk with good knowledge and understanding to avoid losing your money.
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August 20, 2018, 03:15:00 PM
 #710

I think the risks and benefits generated are the same, but I think what really happens is that the bank or the government is afraid of crypto's existence which is getting stronger against the community. until a statement appears from a bank like that.

one day I was sure that crypto would be an official payment for between countries, although it would definitely take a long process, not in the near future lol
ifirina
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August 20, 2018, 04:46:12 PM
 #711

Yes, it is risky alright. But I don't think it is riskier than investments in securities, precious metals, real estate, etc. At least for ordinary people, not a millionaires.
In my opinion the only difference that the crypto-market is speeded up by x10 factor. So, you don't need several years to wait in order to see whether you made right investment. In crypto 1 year is a lot of time. Everything can change dramatically during this period and more then once Smiley. Someone might consider this a disadvantage, but I disagree with that.
futurefuturecoins
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August 20, 2018, 09:27:28 PM
 #712

I agree that banks and state financiers are afraid of losing their jobs. Already now, verified on a crypto-exchange it is easy to take a small loan to make transactions. Soon, probably, people will feel how easy it is to live with cryptography - to pay for everything, take and return loans.
Pamahaw
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August 20, 2018, 09:37:41 PM
 #713

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 think it would depend on how you play with it and you must be knowledgeable of how this things work. You have to work around in favor to your self. Volatility is the one thing that most of us here is afraid of because you never know when your portfolio drops or spike up but if you know that volatility is opportunity then you are the one that have a high chance to benefit from crypto.
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August 20, 2018, 09:48:01 PM
 #714

There is risk in every business all you have to do is reduce that rate at which you take risk and by doin so you have to take precaution knowing what to do at the right so as to avoid too much loss information is power
Bagaji
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August 20, 2018, 10:26:52 PM
 #715

All depends on the time period the question is been asked and you ask this type of question late year or this year January i will say benefit outweighs the risk but as at the presents, the risk outweighs the benefit in my opinion.
Falconet
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August 20, 2018, 10:32:25 PM
 #716

It depends on what you focus on, I prefer to work with the market and treat risks as something avoidable, which they are, and make a living of it.
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August 20, 2018, 10:36:33 PM
 #717

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.

My opinion is that with competent risk management, the market of crypto currency is no more dangerous than the conventional securities market. Of course it depends of competent choice of projects for investment. If you believe only in advertising, then investments in Coins and Tokens turn into a gambling. And at best, will freeze your funds for a long time. No wonder people say, you should invest as much money as you are ready to lose.

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connexus
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August 20, 2018, 10:39:24 PM
 #718

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.

More risk and more gain are both substancial to the crypto currency market the higher our risk tolerance the higher income we may generate.
Visibel
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August 21, 2018, 12:29:38 AM
 #719

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.

Risk is the path to success, this is a true partner. You have to take risks before entering into success, the risk will always be in every thing in this world, including crypto currencies. Let's choose wisely, what projects should we take to invest. Before that, you must know and have enough research about it, this is to reduce the risk arising from a lack of understanding.
mh6e
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August 21, 2018, 12:38:25 AM
 #720

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.

It is clear that crypto is really associated with risk. But it is also known to bring good benefits if you're investing  in right time. The key factor here are knowledge,patience,skills in terms of analyzing market trend and good strategy. Government for now is hesitant and make negative opinion due to regulation matters over crypto.
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