Does crypto bring more risk than benefit?

[gravitik]

I believe that cryptocurrency brings more benefits, although investing in cryptocurrency is risky

[HashieNewb]

No doubt Crypto have more risk But without taking a risk you can't earn money. Crypto can earn more money compared to others. You get that benefit but too many risks also there

Sometimes the risk and not earning money line is not real. Getting in when there is large order in the coin exchanges is an easy option.

[kipozer]

It is difficult to talk about cryptocurrency in this form, because cryptocurrency is a very strange tool, which sooner or later still has to show what it is really capable of, I think that today it is a very interesting tool that can potentially bring a lot of money.

[zininaks]

The main reason for investing in digital assets, surprisingly, was not belief in technology, but the possibility of making a big profit.

[Veles shalet]

I think that he, as an official, is much better seen - whether this is true or not. If he says that this is so and that cryptocurrency now can create problems much more than ordinary money, then this is so. We have no reason not to trust the official of the central bank of this country.

[Core.BUSTER]

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.

A wise business man knows the risk and has plan to prevent the bad things brought by the risks. So if you are true business minded you don't mind whatever the central bank of Spain stated about the cryptocurrency instead of you will think a strategy or plan. In every business you will have a risk. But to able to gain something you must risk something of.

[SkillOfToper]

Depends from your strategy you picked for your investments on the market. If you play long term games you have less risks then people who do shirt term investments

[almiani]

their risk is actually much greater, but the opportunity to take advantage is also very large, and only a matter of time before everything will increase

[GabrielKiara]

Well, all things must have their own risks and crypto too. For that situation i think Central bank Governor of Spain is afraid to start cause the market price is so fluctuate. It's not the bank fault but it their decision to not join with crypto.

[Bro.Jack.Brown]

I think that he is right and in the conditions of the state at the moment if everything is clearly and correctly adjusted-it will be very convenient but they do not want that the cryptocurrency was in full use. All simply and all understand that if all movement of Finance will be transparent it actually first of all will be not convenient to all these corrupt officials and thieves! And the reason all of which immediately lead to the explanation of this greater volatility, and nepokretnosti most coins.

[supine]

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 totally agree with your statement, most of my friends who have been risking their money in crypto have already been so rich even at their young age. They always tell me that the higher the risk is, the higher the profit. I think as long as money is involved, there will always be a risk.

[jak3]

Yes, cryptocurrency does possess some risk, but it mostly depends on how fast you want to make money. I am earning Bitcoin and other cryptocurrencies for more than three or four years or maybe 5 but I do not think I have taken any risk(at least when I wanted to make money). You can simply wait and put your hard work into something and that will yield money or you can take some rest and can make much more money at that same time. But yes with cryptocurrencies people understand its potential and utilize it as frequently as they can because it's Now or Never situation.

[Bonwin]

It is true that if you do not trust a thing, you might not know the benefit attached to , but at the same same time, you must also be careful while investing.

[MasterCATZ]

There are always a lot of risks in the beginning, as there is no experience and you don’t know how to act correctly, but gradually you learn to find benefits in such conditions.

[jayc89]

There are always a lot of risks in the beginning, as there is no experience and you don’t know how to act correctly, but gradually you learn to find benefits in such conditions.

The risks give me more excitement, I use that excitement to invest in the coins that I want. Risk is not always going to end for the worse.

[cryptoblazter]

Cryptocurrency is 50-50 there's no guarantee. 50% that you will earn big and 50% that you will lose big. Though cryptocurrency is not a game of chance, instead it is a game of understanding and strategy. You need to understand how things are going with the market, its characteristics, and experiences of the others. From here you can setup a great strategy not to lose.

[yulionoo]

depends on what you do with cryptocurrency. when you trade daily. maybe you get a little risk. and myself, doing work by hunting prizes. and for me with what I do, it minimizes risks. and I disagree if someone says that crypto is more risky than its benefits.

[Alpha0One1]

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.

Banks and governments will always be against crypto since people's faith in fiat money will be affected. Crypto currency also bypasses the banks and governments will have difficulty knowing how much money you own since it's not tied to your name.

The shift to crypto currency will take time/years but eventually more and more people will trust cryptocurrencies.
They just need to be educated that you can be your own bank and you are responsible for safeguarding your crypto currency wealth.

[castiloros]

about the risks and benefits of crypto also I think it is balanced. When looking at it from the side of the poor and was fine then it just would look one side of them without considering anything else. many countries are looking at this because it could be at risk as the smuggling of funds for war and likely this will indeed be the case. But if see this as investment assets then it will certainly be a good thing to have.

[elzjmirra]

All depends on your ability because in this crypto world requires good ability. So you don't get caught up in the scam. You have much to learn from this forum in order to determine a good project and can be successful. If for my crypto has a huge benefit in my life. And I can be thankful because crypto is able to transform the economy for the better.