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Author Topic: Does crypto bring more risk than benefit?  (Read 6485 times)
James andrew
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May 25, 2018, 01:26:24 PM
 #81

If you earn more profit then you can risk for it because without risk you can not make more benifit
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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blue08
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May 25, 2018, 02:01:20 PM
 #82

There is always a risk on whatever we do. No risk, No gain. "Only a risk taker can success" as they say.
The question is, what will be the result or how we can prevent failure when we take the risk?
In cryptocurrency we can prevent or atleast minimized failure if we study and understand everything before we invest.

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Haladay
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May 25, 2018, 02:03:37 PM
 #83

This is open to discussion and some people can agree while others don't. Benefit is huge, but risk is huge together. This is making the balance in the market in between these two things.
kma.deno
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May 25, 2018, 03:01:45 PM
 #84

Every investment has some risk. That’s why crypto market has also some risk. But in recent times peoples are investing on bitcoin and they earns lots of profit from this. So i think its benefited for you also.
keycellko
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May 25, 2018, 03:18:59 PM
 #85

Well, with every investment, it will always be risky. Crypto of course is of no exempt to that. That's why it has always been noted that if you want to invest prepare to count your gains or your losses. Its never always sure you will gain profit whrn you are investing.
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May 25, 2018, 03:21:18 PM
 #86

Early entry into the market, or early entry into projects that you think are potential, is the best way to avoid risks. Of course, every investment has risks. Risks and benefits are like brothers.
bonballi
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May 25, 2018, 03:48:39 PM
 #87

They can think like this but I don’t think so because I am watching the benefits and profits. While in crypt’s, it is fundamentally decentralized and the hazard within it isn't characterized in view of how unsteady it is. Exchanging could essentially be your way in crypto to lessen the dangers included, anyway when we're going to talk about the benefit itself. Crypto holds that hazard. In business, you could consider the achievability of a specific business in a region at that point exploit. So Bitcoin is good for invest based on its facilities.
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May 25, 2018, 03:54:25 PM
 #88

That's right! Risk is everywhere. Even when we leave home, there's a risk of not coming back. Smiley Cryptocurrency is a great tool for making money in the right hands Cool
Mkpez
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May 25, 2018, 04:04:11 PM
 #89

There is tremendous benefit in crypto. Believe me Government is just afraid that the masses will have access to a lot of facilities through crypto.
alex_kir
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May 25, 2018, 04:10:15 PM
 #90

I am inclined to think that crypto-currencies are more risky than benefits, although it can be said on the contrary, but everything depends on the situation, today the market is falling and bears will not leave the market, and when the bulls come, in their case, the benefits are more likely to win .
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May 25, 2018, 04:14:54 PM
 #91

 The cryptocurrency market has many benefits. Since the inception of the market, developed nations around the world have used the cryptocurrency market as a completely new trading and investment method through increasingly sophisticated and innovative blockchain technology. I think countries that have not used the cryptocurrency market should use it immediately to see the benefits that the market gives them.

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May 25, 2018, 04:16:58 PM
 #92

Investments can never exist without risk. There are always 2 options for the development of events - you will either earn money, or lose what you have invested. The same principle with crypto currency.
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May 25, 2018, 04:18:52 PM
 #93

For me crypto brings much benefit for the general public but for the governments and other big institutions, it pose a great threat and challenge for them because crypto removes the power and authority from them and that's why they are fighting and trying to regulate it.
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May 25, 2018, 04:24:03 PM
 #94

If you are going to work with cryptocurrency or in any other field, you will need knowledge and experience, so the investment in cryptocurrency and the rest of the business is risky and unstable
Snail2
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May 25, 2018, 04:26:23 PM
 #95

Of course. Everything new will bring new risks. Cars, planes, computers and smartphones also brought new risks into our life but I guess Mr. Central bank Governor of Spain still using these "risky" things. BTW, last time when those safe and secure banks messed up things in 2007, the 2008 report from my pension company proudly told me that in last year they achieved -28% gains on my savings. Then another -16% in 2009. Since then yearly few percent growth. On the contrary the bitcoin what I obtained back in 2010-2011 mostly for free and a few for a few cents each, now worth about 8000 USD each and it's getting more and more valuable every year. So, thank you for your insightful advice Mr Governor but I'll stick to this risky business Smiley.
senne
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May 25, 2018, 04:29:47 PM
 #96

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 am totally in favor of this statement, as I believe that it depends upon your intelligence how to use a resource properly. If you start trading blindly due to FOMO then you will end up losing your every penny but if a wise full study is taken into practice before investing into any coin, chances of your success increases drastically.

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Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get.

And I think governor of any country will not talk in favor of crypto currency as it profitable statement for their own national currency.
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May 25, 2018, 04:35:27 PM
 #97

I agree that risk is associated with all kind of business. But if you have enough knowledge about crypto. And the right to use it, the risks and benefits are always in your hands.
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May 25, 2018, 04:45:09 PM
 #98

Many governments are opposing the crypto currency. I think most of it is because it's lobbied as the financial institutions are afraid and further more there is no proper tax structure.

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MisterLangley
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May 25, 2018, 04:57:49 PM
 #99

It's true what the Central Bank of Spain governs about risks. We must be sure that all businesses are inseparable from risks not just on crypto. Regarding business activities in crypto, I'm sure there are many benefits to be gained when we are able to run them carefully. And that has been proven by many participants
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May 25, 2018, 05:50:08 PM
 #100

Yes, I think that cryptocurrencies are a riskier occupation than ordinary business, and only because this direction is not developed yet and is not yet regulated. But the profit in the cryptocurrency will be different, it is happening now, since the direction is only gaining momentum.
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