Does crypto bring more risk than benefit?

[Xclusive5]

That's just the opinion of the Spanish central bank Governor and I believe that's his own view about cryptocurrency. Its true that there is risk in cryptocurrency because of its volatile nature but I see that the central bank Governor comment is bias because he sees crypto as a threat to bank.

[coinpool_de]

It surely has some risks but i don’t think it’s okay to say that it brings more risk than benefit. We already know that the crypto market is very unpredictable and volatile.

[cryptonerdd]

it's better to get worthless cash , with gouvernement peinting mone whenever they want lol

[Grilkahm]

Crypto investments were always risky, they brought more risk that's why there's the first rule of investing in crypto is that invest only that much which you can afford to lose. And it's pretty right at the moment, as market has tumbled a lot and still needs some bull run to get to even 40-50% of there all time high, let alone there ATH.
Most of the people have invested in scam projects or dead coins and therefore start blaming crypto for there loss. These people will never research initially and bought just because price was continuously going up, infact some of them bought at coins all time high and now sitting at 90% loss.

[Borisov]

Big money always carries big risks, and when you invest you need to think with your head. And not to build the dream of the Golden mountains, without efforts and risks.

[joseyphil82]

The benefits in crypto to all holder is long term holding ,no matter how much you invest if you can hold for long you will smile after years ,let's take doge coin for example ,this particular coin was called shitcoins when it was revealed on bitcointalk and now who dare calls it shit coin ?for small time investors i will say he or she should only invest what he/she can afford to lose but long term holders? Its another thing entirely. Yes some coins will die in your portfolio but those that manages to survive will cover up for the ones that dies,that's the risks involved

[inetto7]

The benefits in crypto to all holder is long term holding ,no matter how much you invest if you can hold for long you will smile after years ,let's take doge coin for example ,this particular coin was called shitcoins when it was revealed on bitcointalk and now who dare calls it shit coin ?for small time investors i will say he or she should only invest what he/she can afford to lose but long term holders? Its another thing entirely. Yes some coins will die in your portfolio but those that manages to survive will cover up for the ones that dies,that's the risks involved

I fully agree that the holding will reward all holders of bitcoins. In a year, bitcoin can cost 30k + - this is a 5x increase

[Treasurer]

Crypto investments were always risky, they brought more risk that's why there's the first rule of investing in crypto is that invest only that much which you can afford to lose. And it's pretty right at the moment, as market has tumbled a lot and still needs some bull run to get to even 40-50% of there all time high, let alone there ATH.
Most of the people have invested in scam projects or dead coins and therefore start blaming crypto for there loss. These people will never research initially and bought just because price was continuously going up, infact some of them bought at coins all time high and now sitting at 90% loss.

Investing in fraudulent projects and losing funds from buying altcoyins from the TOP 20 are different things. The risk of investing in new projects differs from the risk of buying famous popular coins. If a person invests in new projects, he accepts the possible risks of fraud. But when investing in the TOP 20 people mostly rely on profit and don't expect such a dirty trick as it happened to us all this year.

[aldorexxx]

It's a confusing question I suppose. Benefit of crypto is very nice and there is not the possibility that it will have more risks in the future I am sure.

[arifteguhr]

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 it is felt the benefits and disadvantages, I think it can indeed be said to be a risk of loss, but if we can take advantage of the opportunities, surely the benefits we will get

[fimtuao]

The cryptocurrency market is the investment market, not the bank. If you don't make money here, you can only lose money. Although the risk is great, the profit is very impressive!

[Dimonto]

It is well known that risks and interests coexist. There is a huge risk associated with huge profits here. And the risk here is a little bigger.

[Kolder]

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 it is felt the benefits and disadvantages, I think it can indeed be said to be a risk of loss, but if we can take advantage of the opportunities, surely the benefits we will get

There's always a cons and pros in everything , our advantage us the fact that we knew business and we need to master to identify the legit one to be successful in it

[musta5a]

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.

it has more benefits than risks, that's for sure. It's allowing unbanked to access the finance anytime they want and send it to anyone regardless the centralized autohorities restricitons.

[KimJonnan]

I think the risks and benefits are a good friend. You must face risk when you want to get a profit, but this year the cryptocurrency market is in a downturn, and more often the risk is greater than the return.

[Dinct]

Various banks fear the potential that Crypto brings. If people can directly transfer money throughout the world without involving the bank, they will lose a lot of money in fees.

[Omtamvan]

the Governor said is true. given the risk of crypto on the merits. When talking about the war then crypto can be a means of payment that could have been going on since the counterparty is not known. even if for investment is also an unpleasant thing because of the fluctuations is high enough so that is certainly a lot of the losers. But if it is used to find the results of this will also certainly could produce even quite large. so it will depend on the function of every use of it as well.

[Crypton2018]

Everyone knows that crypto-currencies are classified as highly risky investments. However, one must understand that this technology is at the very beginning of its development and in the future will be able to change this world for the better!

[sinkfish]

risk and benefit are equally same. benefit is apply to both genuine and scammer, thus make the risk higher. the risk is you dont know when big whale gonna short the market.

[hiyla]

Cryptocurrency is undoubtedly a risky asset, but it can also yield a huge income when choosing the right coin. People who have weak nerves can not survive in cryptology. I think that you can get more income than lose respecting the rules when choosing an investment.