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Author Topic: Safety can not come to the bitcoin investor  (Read 1310 times)
renata.tuncha@ex.ua
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July 27, 2018, 05:03:34 AM
 #181

Bitcoins are easier to buy that is why it is more popular. But I think investments are much better than btc. I found a really good ICO - Socratus.  It is an insurance ecosystem which provides a digital platform with instant claim payment products for insurance companies, so any insurance company can connect the platform to become the part of Insurance Digital Ecosystem. In my opinion, it is good that they work with different kinds of insurances such as property, flight delay, cyber insurance and the core aim of the project is to help insurance companies to save their money and get their business on a new level. Like, they can help the insurance company to lower expenses from 15% to 25% on claims handling and operational expenses. Moreover, they powered by Smart-contracts & Socratus Oracles. It means that there is no more solo human decisions to pay or not to pay, no more lingering manual claims handling procedures. I think this is really cool and it seems like an innovative and demanded project.
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July 27, 2018, 05:35:05 AM
 #182

Safety can not come to the bitcoin investor. Nothing and absolutely safe. Everything has its own risk, its danger. No one knows what tomorrow will be like. Only know that if we do nothing then there is no danger nor money
riskrisk

that you are conveying is one of the risks in investing with bitcoin if investors understand with all the risks may be investors can reduce the risk that will be obtained later and can anticipate any possibility that will appear later
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July 27, 2018, 05:43:00 AM
 #183

all there is a risk either in the real world or in the world of crypto, if we want to succeed we must dare to take risks, though can not avoid risk but we can minimize the risk to gain profit and not get too big loss.

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July 27, 2018, 06:23:10 AM
 #184

Safety can not come to the bitcoin investor. Nothing and absolutely safe. Everything has its own risk, its danger. No one knows what tomorrow will be like. Only know that if we do nothing then there is no danger nor money
riskrisk


Actually whatever you do all has risks, even when we do not do anything whose name the risk must come to us. So what is called security can not come to everybody, not just to bitcoin investors, but everyone who feels himself is alive.
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July 27, 2018, 06:54:23 AM
 #185

In any kind of investment there will be risks comes.So if you want returns with much security for your capital then gold is the better option but probably you should wait twenty years in gold investment to get profits which can be obtained in a year if you invested in bitcoin.So the option is yours now,choose which is better for you.

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July 27, 2018, 06:57:45 AM
 #186

What danger are you saying in bitcoin? risk of the price can go down to lower that we are not expecting? there are many ways to protect yourself if you are keeping your bitcoin.
But be specific on what kind of danger are you saying that safety can't come to bitcoin investors because you are spreading a lie.



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July 27, 2018, 07:14:40 AM
 #187

Oh it can. Why can't there be safety? Anyways for price swinging, they are a normal happening in crypto. Prices do swing all the time but at the end, it goes up and up. The fact is that so far as you can make a profit so should you also consider there might be a small swing.
Ava Duvall
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July 27, 2018, 07:46:04 AM
 #188

I know bitcoin is a bit risky. But, it has the capability to recover the risks. The more you take risk the more you earn.
some people don't like taking risks or are afraid to. its rational to be afraid to lose a lot but if you are prepared with a plan in mind and you watch the market you should minimise the risk of loosing

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July 27, 2018, 07:54:57 AM
 #189

When it comes to investment, there will be no security here.
Investing in the crypto currency is a very risky business.
There may be 2 variants of events: a big gain or a loss of financial means.
And all investors must understand this!!!
airinnesmith26
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July 27, 2018, 10:22:00 AM
 #190

Agree. No guarantee can come to any investor here in bitcoin.The value is really unstable for now. Maybe in the future it will be better, but nobody knows really whta can happen in the future.
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July 27, 2018, 10:39:22 AM
 #191

Safety can not come to the bitcoin investor. Nothing and absolutely safe. Everything has its own risk, its danger. No one knows what tomorrow will be like. Only know that if we do nothing then there is no danger nor money
riskrisk

In every investments, there corresponds a risk. So if you decide to invest especially here in crypto currency world, you must accept that risk is a part of it. Just be brave and smart in your decisions.
Zhess Miller
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July 27, 2018, 10:51:04 AM
 #192

 Be careful on conflating two different things here. Just because crypto exchanges and bank accounts can get used in the same sentence, doesn’t mean that the risk is equivalent.Crypto wallets are “unlocked” when you know the passcode (i.e. private key); think of this like a bank PIN. If you don’t share the passcode/PIN with anyone, you’ll be fine.
 The thing with crypto though, is that it’s not insured by the government/banks, so if someone pilfers your funds at a bank, you’ll have some recourse to get the lost capital back (generally).
 With crypto, it’s far less forgiving!
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July 27, 2018, 11:08:49 AM
 #193

 Yes, we do have some horror stories to learn some lessons from. Imagine a platform like MtGox was leaking funds for a year and nobody ever came close to a mere suspicion. It was giant, we had to trust them.
 Having said that, your Bank account is pretty much secure. Because exchanges normally do not ask for Bank accounts they usually accept deposits in BTC or Altcoins. Very few require Bank details.
 Even those who ask for Bank details are secure. Because to move funds from your Bank a/c you would require to initiate a Wire, use a debit/credit card etc. and that requires interaction with your Bank and in some case a written disclosure to initiate a wire.
 Secondly, reputed exchanges have a 2FA security system via Google authenticator app or a randomly generated code sent to your Cell Phone when you make a transaction higher than a defined threshold. The same must be verified.
 So, as you can see that you are pretty much safe. But remember Credit card details are exception to this answer.
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July 27, 2018, 01:04:25 PM
 #194

Nothing good that pays comes easily. Taking risk is advisable in life. To reach that height in life grab the opportunity and take that risk. Though it might be somehow scary but it worth it
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July 27, 2018, 01:13:10 PM
 #195

Because of its excessive risk and uncertainty, some governments have not yet recognized bitcoin
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July 27, 2018, 01:46:05 PM
 #196

Safety can not come to the bitcoin investor. Nothing and absolutely safe. Everything has its own risk, its danger. No one knows what tomorrow will be like. Only know that if we do nothing then there is no danger nor money
riskrisk





You are safe from any risk , if you are not going to put all your money in investing Bitcoin.  You are safe if you are not going to do something risky about all  assets.  You are right anyway. Keeping  all your money in the bank for many years, do you think it is safer? It is safer because you never get worried what Will  happen with your  money, but still the bank using them for business. While keeping half  of your money with Bitcoin for years, the value is getting higher . That is the time you can see your investment works and how is it the value of  Bitcoin Will gonna change your  life forever.

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July 27, 2018, 01:47:09 PM
 #197

 As far as my understanding goes, a pension fund cannot enter the crypto space due to a lack of regulation, hence they are not allow to risk the money they manage Sad
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July 27, 2018, 02:19:11 PM
 #198

Safety can not come to the bitcoin investor. Nothing and absolutely safe. Everything has its own risk, its danger. No one knows what tomorrow will be like. Only know that if we do nothing then there is no danger nor money
riskrisk


Overall, in my opinion, there is no secure investment. No matter in what you invest, every thing is at its own risk. But if you do not try, you can never win.

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kent47400
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August 11, 2018, 03:19:14 AM
 #199

risk in investment is always there.

we take the example of you investing in building a hospital.
maybe the Hospital also needs building maintenance, work tool shrinkage, employee salaries etc.
if the hospital does not sell then it is your risk that you have to be covered.
Konffetka
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September 19, 2018, 03:59:25 PM
 #200

There will always be risks on the crypto currency market. This is due to the fact that the crypto-currency market always fluctuates. We should be patient enough and try to focus on long-term investments.
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