Does crypto bring more risk than benefit?

[automail]

If you are investing on ICO's, YES, I think it has a lot of risk. Its like investing to something without assurance. No contract, no receipt or whatsoever proof that you have invested. Investors are not being protected. If the ICO ended up being a scam, they are unable to do anything and just accept the fact that they already lose their money. Bounties on the other hand has a lot of benefits. No money needed, just time and effort. Maybe I'm getting used to projects not paying anything. LOL.

[camryku]

  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.

crypto does carry risks and benefits and so now many people join crypto and intend to invest in cryptocurrency because in it many promising and profitable altcoins in the future besides bringing benefits and risks of crypto also bring benefits

[Azishu]

I agree with you that any encryption has the same risks as other investment methods. It needs to be analyzed and controlled by myself. I believe the risks and returns are directly proportional!

[market-beta]

if you look at all the business there will be no risk gan. the most important is how we can respond to it and clever use the opportunity to take the opportunity to success. as the price drops the opportunity to buy and sell when the price has gone up .

[cryptoblezin]

My believe is that life in itself is a risk on its own. The more you take risk the more chances of making money. My only advice is that we should not be too greedy about whatsoever risk we are taking. It is advisable that we take only CALCULATED risks.

[cryptoadobo]

Cryptocurrency is very risky but very rewarding. Don't get on board in crypto is you are not willing to risk your investment. Plenty have investors have been frustrated of cryptocurrency but I know a lot who became rich because of cryptocurrency. That is why before engaging here you should be prepared for ups and downs in the market.

[Marusia22]

Cryptography is the science of crepe. In my opinion, all the crypts that are on the market are cryptography. Some countries are against the crypt. They are afraid that the crypt will be the first currency in the world. But seriously, this is business.

[Azzhan]

I also think the current cryptocurrency market is overly overvalued.
Then there is a certain bubble in the whole market, but the development of the industry is positive.

[qidai9]

The benefits and risks are coexisting. How much profit do you want to get, and how much risk it has. If you know a lot about encryption, you should know the risks. These are your wealth, and you can make good judgments.

[ElevenX]

Crypto is a risk, so it all depends. Meaning that it all depends on the side you're on. Did you lose a lot of money because you bought the wrong coin, got hacked and so on? Or did you get lucky and made many times what you put in. So the answer is, it depends.

[thanhly0760]

I think the risk will come with benefit and I am sure that if we know how to manage the risk, we can also take the benefits and maybe we can reduce the risk to get the benefit.

[Vidgenx]

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 I agree, for now crypto carries more risks than benefits. We must admit crypto is still less stable in price, and for beginners this is not recommended.

[Bilipus]

It depends on how to approach the crypto currency market, someone loses money, and who earns it, but mostly people who want easy money lose money, if you read a lot with the mind about the projects you are investing in, then it will only bring you benefits

[bramgg.crypto]

I think that crypto indeed is a risky business. You could see your investment evaporate if you don't do proper research. Don't just invest all of your money in some project just because you like the name or some other friend advises you too. Do your own proper research and if you believe in the project, invest a little. See how it goes. You can always invest more later on. Only invest money you can really, really afford to lose. So it ouwld be an extra if you gain some profits, but could still pay your bills when it all evaporates. Learn about the market first. But after all this, you can also earn a lot of profits when investing in the right projects in the right moment.

[Philip Ruby]

I read a study a little time ago I cannot recall it exactly at the moment. But the content was following: if you invested 1 dollar into every cryptocurrency ever made, including the ones that were scam from the beginning, then today you would still end up in profit, because the ones that failed or were a scam, are still balanced out with the benefit and profit successful coins have produced. So the lesson is to make smart choices and make sure you invest your money as wisely as possible. So there are risks, but you can minimize them when investigating the project you are about to invest in - there are some very good ones.

[Netcave]

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.

We must look at it well, crypto and cash are equally good and equally flawed. Cash is the old way, while crypto is the solution of the future.

[triplef]

I wouldn’t say so. Surely, crypto investments are risky as any investment, because price can fall down. But as for me this field is developing and very promising one. Crypto is our future and would advice to invest. But invest wisely and only after researches and some knowledge in your head. Because without it you can loose a lot.

[TheSmo]

I believe that this is more relevant to inexperienced investors who invest in something horrible, and then sell it off as a matter of fact or do nothing at all. more experienced in this matter people are cautious, so they remain in the black.

[Wall_Streeet]

if there is no way to control yourself during investment, then any activity is dangerous. another issue is that he was referring to the danger in the fact that many people are greedy, and are easy to risk to invest money without thinking his steps

[Zhagedu]

When one is able to differentiate between scam and unscam project. I think that crypto bring more benefit than risk because, when an investment is been made on the ground of trust either to the project or in buying tokens during ICO stage then there is that tendency for one to make huge benefit compare to the risk involve. In my own opinion there is more benefit in crypto world than the risk involve.