Does crypto bring more risk than benefit?

[WoodyZ]

I agree that there are risks all over the world. However, Crypto increases risks, primarily because of a small set of means of influencing the decentralized system, up to the total impossibility to forecast risks.

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[stellaekun]

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 guess he is speaking on the perspective of the banks, as in in depleting their profit margin by delivering better services, For the ordinary person,the reverse is true

[early_adopter]

I think that like any unregulated market, cryptos are extremely risky and volatile, so we have to be as aware of where and how much we invest, I don't think they are less risky than the stock market, because for example there too you can lose everything overnight if you make a bad investment, the problem we have is that anyone can create an ICO in a day and scam a lot of unwary people, that if it takes away enough credibility.

[ozgurk]

Nowadays it is look like that but we do not know what will happen in the future and we hope that( i trust) bitcoin or all cyrptocurrencies price will be increase

[indobitcoin.tk]

This, of course, depends on how to use it. If viewed from the side of the poor surely many, or also from the bright side. But if viewed from the use of the course will be widely used to positive things like investing and trading. but this could also be an adverse thing if the election is also not proper crypto.

[jjdub7]

For me, crypto-currencies bring more profit than losses. I have already returned my investments several times. You have to be careful and think before you make investments.

I don't think that the topic is about earnings, but a risk vs rewards. I think that without doubt the risk is high, but the benefit are better. It is a whole new industry and we did not figure it out all the benefits we will have of crypto.

[Erik_Smuel]

Every investment in the life has it's own risk, just you need to handle it by doing your own analysis. You can't find anything without risk and as much as the risk as much as the rewards you will get.

[Gostevoi]

I believe that it depends on your knowledge and experience in the cryptocurrency world. and I think that cryptocurrency brings more benefits.

[bgpsq]

I do not think that crypto is more risky than common banks, look what happened to banks in the economic crisis in the 2008. Almost all people cant withdraw their money from banks. Money was devalued and lost on value!

[Ziltoid]

I agree 100%. Some want to earn a lot of money without risk. But it does not happen) And the greater the risk the greater the reward. and those who are afraid to risk then buy bitcoin for 20K. They think there's no risk now. It has grown so much, so it will continue to grow!  And lose everything.

[Dawson_V]

I share your point of view. The risk is part of the business. The more you invest, the more risk you take. You cannot have benefits if you do not risk. It is barely impossible to invest without taking a risk. The more you minimize your risk, the less you win. The more you take a risk, the more you win. It is logical actually. The problem is that cryptos are new and we do not know exactly what will happen to them. But remember that the governments are playing their role. They just do not want people to change the system. They are just afraid. For that reason, it is easier to say that crypto brings more risk than benefit.

[Heart18]

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 risk is associated with all kinds of business. Crypto can only bring more risk than bemefits if you have no enough knowledge about crypto and don't een have knowledge how to use it properly. You should need to know what you can do in certain things to avoid losses than benefits.

[DES_MX]

I don't agree with him, but I agree with your points . Without risk, we can't hope for a bang in our life. Crypto is like a bang! You invest and hodl for a longtime, in these times, the price will incraese for sure and the bang will happen, I mean the price will increase more than you think. Then sell your investment and get profits and again start buying.  Crypto is a benfit, not a high risk. You will have to know enough about the cryptocurrency works policy. That's it.

[Runtown042]

Well most times we need to understand that things that we face always comes with risk and reward but it is left to work it out and which we will end up with so with hard work and deligent I think we would be reducing the risk

[suzanne5223]

I don't agree with him, but I agree with your points . Without risk, we can't hope for a bang in our life. Crypto is like a bang! You invest and hodl for a longtime, in these times, the price will incraese for sure and the bang will happen, I mean the price will increase more than you think. Then sell your investment and get profits and again start buying.  Crypto is a benfit, not a high risk. You will have to know enough about the cryptocurrency works policy. That's it.

I totally agree with what you said because crypto currency entails no much risk than it benefit if the people that uses it abide by it law because most of the risk involve in crypto currency are caused by it user uncalmly behaviour, impatient and not study project.

[shiming]

Since it is a choice, there must be risks, and success and failure may each account for 50%. Of course, before deciding your choice, you need to make a comprehensive assessment of your strengths and interests, and try not to be unprepared.Risks are often tied to interests. The higher the risk, the higher the interest. Encryption is currently a new reform. Looking forward to the formality of the industry.

[aumusxou]

I think that the crypt really bring a lot of income and of course it's a good thing, but speaking of global things,cryptocurrencies generally improve the transaction speed and make transfers more convenient

[JohnWick_Bitcoin]

I think that the crypt really bring a lot of income and of course it's a good thing, but speaking of global things,cryptocurrencies generally improve the transaction speed and make transfers more convenient

It could bring a lot of income for those people who knew when to sell their coins but for those traders who sell their coins in the market due to their emotions then they will just lose their investments.

[Rammygold]

I think in any business before you make huge profit or gain
You have to make some unusual effort they are called risk
They might turn out to be a huge success or the other way round
So same thing applies to crypto.

[angrynerd88]

Risk factor is involved in every field,But crypto minimize the risk as compare to other medium of investment and fiat money.Fiat money is risky hard to move one place to another.If make cost and benefit analysis crypto field is more benficial rather than risk.
Crypto field create many millionaires and engage manpower to employ skills at right place to earn more in short time.Crypto market is growing and having bright future will rise more.