Does crypto bring more risk than benefit?

[Miklight88]

All investment involve risk but depends on how you manage they , but in crypto you have to hold your position when you know what you have is in dip and never be greedy , be it FOMO or buying what you don't know much about, might lead to much lost .

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[lekleklek]

All investment involve risk but depends on how you manage they , but in crypto you have to hold your position when you know what you have is in dip and never be greedy , be it FOMO or buying what you don't know much about, might lead to much lost .

Almost everyone got into this space via FOMO I'd say... But most that stick around try not to listen to it.

[DonaldTramponald]

Cryptocurrency is an absolute risk.  And whether it will be useful, it depends on many factors.  It depends on the situation on the market, on your literacy.  You must correctly form your crypto-currency portfolio.  But even this does not guarantee success on the stock exchange.  For example, now we do not see a profit, because bitcoin and altcoins are at the bottom.

[starplaks]

Banks do not like the crypt because they lose a lot of customers and interest for conducting financial transactions, which is getting smaller ..

[zatteis]

Depends on what approaches do you use to invest in the cryptocurrency industry. This is very important since from the beginning, if you think that you will fail in this market, you are setting yourself to lose everything and it's more probably to happen. You have to be positive, analyze the market and make a right decision. Also, try to listen and pay attention to other opinions

[shollyen]

Well, every business has it's own risk and hazard....also the same thing applies to crypto, it has it's own risk as well. Cryptocurrency has really gone a long way world-wide.... It all depends on the approach u use in dealing with crypto.... Banks will loose lots of customers and charges for transaction if crypto is more in use.... The more reason banks may not be in support...... However crypto is both risky and highly profitable

[Arkhi]

Between the risks and benefits are 2 things you can do right. If you can get the best ICO and coins, then you will get many benefits with huge results. So also with the risk, if you are stuck on a scam, then you will lose your investment. The more capital you invest, the greater the risk you have to face.

[Alenas2018]

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 on your theory. it doesnt make sense if you risk less and gain more of. thats just wishfull thinking. crypto has risk that only proportionates with the gains. as they say no pain, no gain

[coinoutraged]

I think it's fair to warn their citizens that this is not simply easy money. That you can basically lose it all. My level of understanding of crypto is so much clearer than it was 6 months after I started, and much more clearer two months later, and so on, to when I think back and consider myself ignorant. There's still so much to understand, and without that true understanding one will be prone to make really bad mistakes.

[Na1l]

It is hard to say, of course crypto is very risky and volatile. But i still believe it is a good chance to earn decent money.

[HichemFetoui]

everything in life that has risk has benefit the crypto market is too much volatile you should never invest what you don't afford to lose i wish you a good luck

[basyang]

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.

All of the things we have done or we would doing is always have a risk. Its just on how we would handle it, As a bitcoin user we always take a risk because of investment eventhough we did not know of that project would succeed still we are willing to invest, in hoarding a bitcoin too, we are risking our money to store to increase its value when the price is high.

[lingwistiko]

All i can say about this is that it's a breakeven situation because being a very volatile asset depends on the demand of people. You can see your digital assets on a rise now and you can see it plunging down the following day. That's how it is and you must live with it and ready to take the risk.

[blue08]

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.

You are right, no risk no gain. In all investment, risk is always there, but we can lower the risk by understanding and analyzing how the market works. No one should invest without studying the venture that they will take.  Be responsible and be ready in every circumstances of the decision we make.

[paul gatt]

Cryptographic markets are both profitable and risky. But the benefits it brings will help us decide to invest in electricity without worrying about the risks they bring. Rapid transactions, low cost and especially high profits that other sectors can not bring.

[Odebowa]

Undecided; but from my own perspective it can only be so if one is lack of patient and go into panic selling which make the statement true but if the rules and regulation is follow its most lucrative business on earth

[dsdsdndn]

If you are a not greedy and patience people you will a lot of benefits

[yinoye]

Truly every business and investment has its own risk. Risks level vary for different kind of investment. The more the risk potential, the more the profit potential. It's like a 2 edged sword. It depends on where you find yourself Cryptos is a highly risky one which can make you good amount of money but can also cause significant loss if you land on the wrong side of it. I still like cryptos investment though no matter what.

[DisWhale]

Crypto is beneficial to everyone who is ready to learn about new concepts that are being developed each time as the Blockchain is being utilized. The risk sets in when an investor decides not to learn anything about crypto yet invests money into it. Crypto offers much benefits than any other investment out there.

[Soberb]

I think cryptocurrency is highly unstable and thus has more risks. But still people are getting attracted towards it just because in the hope of earning more benefit. Yes there is risk in ever sector, but risk factor is higher in cryptocurrency. But one needs ideas and tricks in the crypto market to avoid loss. So i think crypto is both risky and profitable.