Does crypto bring more risk than benefit?

[YendenCors]

At this time, I think the risk is higher than benefit, but there is always chance that we can make benefit from cryptos and we can get more fun than anywhere else

[Jansaa]

Not quite so, Crypto is in the development phase so there are huge fluctuations, the investment needs to consider to avoid and reduce the risk!

[none of us]

i hope it brings more benefit than risk. but surely you will not be able to say that until crypto is much older. only in 20 or 30 years, we can certainly answer the question.

[Digicoinz]

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

Yes, because profit always comes with risk, the risk is of course the profit will be big and important you are risk tolerant. You or equip yourself with a great source of experience. can predict the changes of the market.

[Tistergis]

In cryptocurrencies big profit and big risks. So always was and so will always be. Never there are small risks and big profit. Everything is equivalent.

[NikkiS]

In cryptocurrencies big profit and big risks. So always was and so will always be. Never there are small risks and big profit. Everything is equivalent.

I agree, where there is a big profit there will always be greater risks. If this were not , everyone would be rich, but it is impossible that everyone should be rich.

[yatogami]

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.

Nothing depends on you on crypto market (if you are not a whale, of course), so you just have to follow the fluctuations initiated by other people.
Yes, you can reduce the risk by diversifying portfolio, doing technical analysis, trying to predict the market behavior, but it could all be ruined one day just because of some bad news like the rejection of bitcoin ETF.

[biskitop]

in my opinion a balance between risk and profit. because there is an opportunity to increase 50% or even 100%. there is a risk of falling too with the same presentation value. so that's fair enough.

[bacxuyen]

In the crypto market there are two sides to it: profit and risk. How we control our strategies to limit risk is important and depends on the individual's knowledge. It can not be said that crypto carries more risk than profit. These two sides always exist to reduce risk, the profit and positive will be larger.

[Noah14]

Day trading is a good way to make a lot of money in the short term if you are not a long term holder. Although it does consume a lot of time and when I say a lot of time, I do mean a lot of time like a full time job.

[nicecrypto]

Under Risk and benefits analysis, certain level of risk in our lives is accepted as necessary to achieve certain benefits. You most likely will not be able to attain a certain level of benefits if you don't take a certain level of risk and as to every other business, there is always risk attached so crypto is no different. However it now depends on how the individual wishes to push his/her risk level on crypto investment.

[devinks]

In cryptocurrencies big profit and big risks. So always was and so will always be. Never there are small risks and big profit. Everything is equivalent.

I agree, where there is a big profit there will always be greater risks. If this were not , everyone would be rich, but it is impossible that everyone should be rich.

Of course, if you want to get big profits, maybe the risk is that you can't get money because we wait until the profit comes to us and other risks are sure to exist. everyone must have the right to be rich if there is intention and effort.

[ElizaZX]

All banking workers are afraid of cryptography, because it can take away a substantial part of their earnings from them. I believe that the risks at this stage with the crypto currency are very high.

[coinnumber]

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 any business there are always risk involved, the benefits in crypto worth the risk involved. Crypto has turned to be the most profitable investment in the world nowadays I will say that the benefit is more than the risk because most of those who crypto disappoint happened as a result of mistake or carelessness but many take correction instantly and keep their trading and on in other to get back their lost.

[usawa0]

He who is not courageous enough to take risks will accomplish nothing in life.

[runikovsky]

The market is definitely risky if you let yourself go by emotions to make your decisions, you have to take advantage of the volatility of the market, to do that, people need to be aware at all times of drops and pumps on the coins they own, if done right, the scheme could be a little exhausting by

[copyfile]

I will say so, any business and any direction can contain a certain degree of risk, as it is life and you can not know until the end what awaits you tomorrow. Rise or fall. But still one thing is clear, without proper skills and knowledge in cryptocurrencies, you can make a lot of mistakes because of which you can lose your savings and investments in particular. So on that score, I have a great saying for you: "everywhere it is good where we are not"

[markgayamo]

When you are in crypto you expect the risk to make a better benefit, there is always two ways if you want to make big profit risk and benefit. You must take the risk if you want to invest in an ICO in order to get the benefits of it. And these two sides always exist to reduce risk, the profit and positive will be larger and it depends on the learning of the people about crypto if they want to get a huge amount of profit they will take the huge amount of risk.

[qmadridh]

As government, which have tried the foolish policy since ancient times and publicized their so-called values. If the government department says it, just listen and don't take it seriously. Risks and interests always coexist, and you must take risks when you want to make a profit.

[titanslayerz]

Most governments says that cryptocurrencies are volatile and adapting it as a currency will have a negative impact on the economy and beside this there are more and more scam ICO sprouting nowadays victimizing unweary investors. So there are really more risks in cryptocurrencies.