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Author Topic: Does crypto bring more risk than benefit?  (Read 6485 times)
aysg76
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August 19, 2018, 11:53:45 AM
 #681

I think there is always a risk in crypto, but if you believe on that coin you will gain a bigger profit. Choose wisely and be happy with the good result. If you got scammed move on that, but don't stop, continue until you can receive a reward.
Well, a risk is always involved in investing in crypto, but when invested in a trusted and reliable currency, the benefit you'll get would greater than that. As the current market is full of various cryptocurrencies and many of them turned out to be a scam, so one must be quite cautious while selecting the right one and when you get a good coin, you will gain a great profit out of it...

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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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BooMoon
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August 19, 2018, 11:54:31 AM
 #682

This depends on how you analyze the market. If it is really as you said, then why are there so many people investing in this market? I believe that since there are so many people investing in this market, this market can still give us Bring benefits.
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August 19, 2018, 12:00:21 PM
 #683

I think encryption brings more benefits than risk. There are many risks in the cryptocurrency world, but I believe that as long as people fully understand the knowledge about cryptocurrencies and maintain a good attitude, be patient, and wait for the right time, these risks can be Avoid 90%
Gras
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August 19, 2018, 12:07:40 PM
 #684

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.

In my opinion, the increased risk of cryptocurrencies is due to the fact that this is an absolutely new field of activity. However, with the introduction of regulation and the involvement of more people in this topic, the reliability of cryptocurrencies will also increase. I believe that the process of introducing cryptocurrencies is at the very beginning and in the future we will see the flourishing of cryptocurrencies, because their use brings undeniable advantages.

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August 19, 2018, 12:10:02 PM
 #685

Why do you think that cryptocurrency brings more risks than income? I don't think so. I think cryptocurrencies bring more benefits than risks. Yes, I admit that cryptocurrencies are risky, but many The right choice will reduce the risk
yasuo632
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August 19, 2018, 12:17:01 PM
 #686

Investment is risky. But there are still many people who are investing in various equity funds. The cryptocurrency is the same. Why is it that the risk is greater than the benefit? I think the banker’s suggestion is not pure.
wartywarlock
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August 19, 2018, 12:20:43 PM
 #687

i think yes but if you think like whales or crypto bots or exchanges you can take your profit.
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August 19, 2018, 12:22:23 PM
 #688

I think this is balanced between risks and benefits. Sometimes crypto carries a big risk and good benefits. So I don't think this needs to be worried. Despite the risks, there are also good benefits and benefits from Crypto. That's just my opinion

ahasan909
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August 19, 2018, 04:06:51 PM
 #689

The cryptocurrency market has lots of advantages. Since the beginning of the market, developed nations around the world purchase 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.
takose46
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August 19, 2018, 04:12:12 PM
 #690

I do not think that, always balance risk with benefit. If risk is higher than benefit, nobody invest to crypto. High risk and big profit, everyone join crypto want it.

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Razick
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August 20, 2018, 10:44:02 AM
 #691

I don't think it does. The level of risks and benefit involved with cryptos is relative to the kind of choices you make when you are investing in the coins. If you invest wisely and smartly then there is way less risk for you than someone who invest irrationally. You should always make sure that you are buying the coins when they are in the red instead of when they are going up and fomoing money into it, this way you mitigate the risk of losing your money by a large margin.

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August 20, 2018, 10:58:08 AM
 #692

Every business has it own risk to bear as long as it something to do with making money there is always a risk involved, same thing is also applicable to it benefits as well The primary benefit of transacting in Bitcoin is the low cost, due to the lack of an intermediary charging transaction fees and the high volatility, lack of regulation, lack of transparency in trading, and limited supply are also part of it risk in one risk even more if you don't get to try it
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August 20, 2018, 11:10:32 AM
 #693

every thing, every business and every job has its own risk, if anyone says that crypto carries a higher risk, I don't think he ever joined crypto, because there are not many people who cheat crypto, if crypto doesn't provide many benefits.
simple, I can't join crypto if the benefits I feel are less than the risks I face.
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August 20, 2018, 11:26:41 AM
 #694

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.
If you learn technical analysis, various patterns and techniques that are used in the market, you will minimize your risk and will be able to predict future behavior at 40-45%

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August 20, 2018, 11:27:52 AM
 #695

I agree with you, every business has its own sort of risk and crypto isnt left out. But one thing i believe is that due to the risk involved in crypto, higher benefits always follows suit.
So in my opinion, its has to be balanced.
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August 20, 2018, 11:29:07 AM
 #696

High risk most times results to higher and bigger benefits and crypto would always give those benefits for sure.
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August 20, 2018, 11:31:04 AM
 #697

The central bank governor shouldn't say that at all. All businesses has its own risk attached but whats important is to balance the both. For me, the benefits involved in crypto worths more than the risk.
kendra1107
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August 20, 2018, 01:12:37 PM
 #698

Well, I believe that benefit will only come after taking on the risks. Many do say that the higher the risk, the higher the earnings. Ironic, but true. And so some of us may be called risk seekers! Come to think of it, while some are avoiding risk, many are also hunting for it.

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August 20, 2018, 01:45:51 PM
 #699

hello pal! yeah you are right pal, if you risk more, if you figure it out correctly then definitely you will profit more. but for me since i got engaged in this industry it's not just all about risks, profits, investments, bounties, campaigns. above all Cryptocurrency gives me excitement, on what's gonna do next day, checking the market and looking at you folio. these things gives me excitement.

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August 20, 2018, 01:47:43 PM
 #700

Everything in life is dangerous, so crypto all alone is an unsafe as well, and it trusts advantage and also anything that brings benefits, will have a hazardous factor, so I think cryptos been an unstable space is a colossal unsafe so it is prudent to take in more about the space before putting resources into it.
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