Does crypto bring more risk than benefit?

[hardewale148]

Every business has it merits and demerits, likewise crypto, we must be able to bear the risk we might have face

[safem]

I would say it depends on the way each person sees it and understands it. There is no business that does not have its own risk involvement. Anyone who desires to make big profit in any business, does not need to focus too much on the risk  else the person will not want to make attempt. The only thing that I think could limit the level  of risk is knowledge acquisition. As far as crypto is concerned, I think the benefits is much more than the risks peradventure there is an adequate knowledge available to the person that is participating in crypto. Though, still there could  be some risks, but nonetheless it will reduce when there is enough knowledge on how to go about any investment aspect of crypto.

[Gabmot]

First and foremost, we all have to be clear about this; nothing that will turn out good won't come with risks. Despite the fact that the Governor's claim may be false, crypto has it's risk which can ruins a man's career if its isn't handled carefully.

Practically, the benefits attached to crypto is much more than the risks especially if we are to consider this in the long run.

[Nimbusrf]

I think that cryptocurrency brings more benefits than risk, and to reduce the risk we need to better explore the cryptocurrency world.

[Remilekun1]

In every thing in this world, there is always an attached words RISK.  And if you can take a risk, your step to greatness will be minimal. I rather take the risk and learn how to survive from it than scare and remain stagnant. Many people had made it big on crypto, if they didn't endure the hardship they might not be where they we're today.

[Melih1905]

I think this is normal that governments don't want crypto because it makes tax evasion easier and if it were to become mainstream, then that would result in less demand for fiat currencies thus a loss of value for the national currency

[vasilisc555]

You know, we risk every day and not only in crypto but in the real world. I believe that in a crypto risk can be justified by a huge profit and I'm ready to take risks.

[shfdj]

I think that as long as people understand the knowledge about the field of cryptocurrency and maintain a good attitude and keep calm when the cryptocurrency market falls, then I think encryption brings more benefits, not risks, and risks are often Is caused by people themselves

[vvfvcxl]

Perhaps cryptocurrencies have put pressure on the financial industry, so the bank's president will say this, perhaps the open and transparent decentralization of cryptocurrencies affects their interests.

[JPSelzer]

Yes, perhaps the risk in cryptocurrency is greater than in other areas of business. It is decentralized and therefore no one can control the movement of the market. But as we know, where there is more risk, there is more profit. So big risk is not always a bad thing.

[Abigail Asi]

Perhaps it might have but I personally don't think so. Every investment comes with risks so as cryptocurrency. Cryptocurrency to be honest is more beneficial than bringing more risks.

[AlanShlafter]

I totally agree with the idea in this topic. Crypto promises more benefit than risk for the future of technology. It's not a surprise to hear the word risk from the manager of a bank

[Rengganis]

I think that there is a bit of truth with the facts that are happening right now, but that is only one opinion that could be just the experience of someone who suffered a large amount of loss, if we believe and learn the theory of crypto I think it will be more profitable than risk

[zDNkfr9]

I like cryptocurrencies, and cryptocurrencies are investments, just like stocks. As an investment project, I think it is more profitable than stocks, considering technical aspects. I think it has an advantage. Individuals feel that benefits are greater than risks.

[jdkfy]

I think that the risk or benefit of encryption depends on how people treat cryptocurrencies. If people can't keep calm and keep a good attitude towards cryptocurrency, cryptocurrency is definitely very risky. Only maintain a good attitude and wait patiently. The cryptocurrency will bring benefits to people.

[miropp]

I believe that there are equally many risks and benefits in cryptocurrency. No big risk no big gain. Therefore, such a big risk justifies itself.

[idioma1]

Cryptocurrency is a risky venture. You can earn a lot and next day loose everything. That’s why  it’s highly important not invest more money than you can afford to loose

[Shimmiry]

the cryptos bring more risk than the benefits to get is a wrong statement, Central bank Governor of Spain is afraid of cryptos because they havn't knew it yet. every business has it's own levels of risk, if you want to be gainer you have to be smart enough to play it safely. this is how business works.

This is true. As a matter of fact if you think deeply you will realize that if that statement is true then why is crypto still living
 This is because crypto goves benifit to its users that is why it continusly play in the market. Amd also before you realize something you need to immerse on it, with this you will really know how the market works.

[demonz666]

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 it's a false statement. because cryptocurrency provides more benefits than risk. maybe people who think like because they have experienced huge losses in cryptocurrency. but in my opinion if it is counted between people who have suffered losses with people who have benefited more people who make a profit. all types of investments are always at risk and in my opinion it's normal.

[UnDerDoG81]

Based on my personal experience on crypto currency, yes there are a lot of risks that comes with it but the benefits and the profits are worth it. May it be in trading or investing, all you have to be sure is that you are strategic, smart and strong enough to handle the stress of the market activity, have a strong hands in handling your coins.

If you are an investor with a long-term investment strategy, with a stock market you need several years to grow to 50 to 100 percent. However, with cryptocurrency, investors only need from day to week or month to reach the figure, which is profitable but also brings high potential risks. And that risk has been seen through this year's market charts