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Author Topic: Does engaging with bitcoins put you at risk?  (Read 6769 times)
giarised
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August 04, 2018, 06:50:02 AM
 #261

If you invest in bitcoin, you are really risking your money which you cannot know if the price will increase or decrease. So it's better to research so you will know when to invest.
Well without risk, you are nothing. Every single element of this world related to money must have risk associated with it. Nobody can get a bed of roses until he jumps over this risk plane. Successful people never afraid from risk, rather they use it as source of motivation and a challenge. Mostly this challenge ends in a beautiful way. So,what’s bad in it then.
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August 04, 2018, 07:05:39 AM
 #262

We, as physically and intellectually healthy individuals, strive and survive to achieve our dreams, establish our roles in the society and fulfill our needs and wants. But in order to do this, we are also required to be financially healthy. The lingering fact is that money is not achievable as a single candy you can buy in the store. Sometimes, people risk their lives and reputation just to get a handful. Bitcoins are not officially a currency that you can just see in a certain country, that are being utilized and used. So, is dealing with bitcoins and other things related to it also puts us in a risky gamble?

Maybe you have a point all about these,thats dealing with bitcoin  and other things relates to it also puts us in a risky gamble because we everything we spend into crypto our capital,time and health in order to become successfull of our investment into the worlds of cryptocurrency and putting all our trust and effort in this kinds of investment can affect our health,because we always monitor the market caps situation in order to gain good profits,thats can affect our healthy living.

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August 04, 2018, 07:24:57 AM
 #263

We, as physically and intellectually healthy individuals, strive and survive to achieve our dreams, establish our roles in the society and fulfill our needs and wants. But in order to do this, we are also required to be financially healthy. The lingering fact is that money is not achievable as a single candy you can buy in the store. Sometimes, people risk their lives and reputation just to get a handful. Bitcoins are not officially a currency that you can just see in a certain country, that are being utilized and used. So, is dealing with bitcoins and other things related to it also puts us in a risky gamble?

Of course we are at risk at bitcoins you know why? Because all things have their own risk it depends to our capabilities in order to sustain that risk that we are encountering. The bitcoins are just like any other business they always have a risl that you might lose money because in order to gain money and to be successful ypu need to take risk for it there is no instant at all even the lottery have risk in it. So do not be afraid to join bitcoins.
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August 04, 2018, 09:57:23 AM
 #264

There is always a risk whenever you tried to invest. We need to take big risk to make Bigger income. If you are afraid to take risks then this will not help you.
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August 04, 2018, 10:04:30 AM
 #265

We, as physically and intellectually healthy individuals, strive and survive to achieve our dreams, establish our roles in the society and fulfill our needs and wants. But in order to do this, we are also required to be financially healthy. The lingering fact is that money is not achievable as a single candy you can buy in the store. Sometimes, people risk their lives and reputation just to get a handful. Bitcoins are not officially a currency that you can just see in a certain country, that are being utilized and used. So, is dealing with bitcoins and other things related to it also puts us in a risky gamble?


We might find having crypto as risky but it is actually the best risk that we could take because it still has the best gain in return. I believe that for us to have a good gain, we better be brave in taking risks and face hard circumstances. Bitcoin is a better way of earning so there's nothing to doubt.

bongnor531
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August 04, 2018, 10:23:18 AM
 #266

Of course it puts you to risk just like any other investment. If if did not, how would you expect earnings from it? Key is in what extent one is dependant from it
JohnWick_Bitcoin
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August 04, 2018, 11:24:36 AM
 #267

Any investment in any field can be very risky to you, and I also find that BTC is the place where the highest risk, but if we are lucky, the profit from them. will be ok the most.

There is always a risk every time you invest into something and that is the reason why it will be profitable at the same time because you always need to take risk in order to achieve something in life.
UconBit
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August 04, 2018, 11:35:42 AM
 #268

We, as physically and intellectually healthy individuals, strive and survive to achieve our dreams, establish our roles in the society and fulfill our needs and wants. But in order to do this, we are also required to be financially healthy. The lingering fact is that money is not achievable as a single candy you can buy in the store. Sometimes, people risk their lives and reputation just to get a handful. Bitcoins are not officially a currency that you can just see in a certain country, that are being utilized and used. So, is dealing with bitcoins and other things related to it also puts us in a risky gamble?


We might find having crypto as risky but it is actually the best risk that we could take because it still has the best gain in return. I believe that for us to have a good gain, we better be brave in taking risks and face hard circumstances. Bitcoin is a better way of earning so there's nothing to doubt.

Yeah, the risk is limited to how you decide to use Bitcoin. If you put all of your life's savings into it and max out your credit cards expecting it to rise to $10,000 by the end of the year, then yes, that is very risky.

If you buy a little bit every week, month, few months, or whenever you think it's down, then that's not necessarily risky. You just put money into it that you don't need right away, and then you can take some out when it's high. Some people buy cars and houses with the money they invest in Bitcoin.

But it could also be risky in terms of being labeled and "enemy of the state" by the government...
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August 04, 2018, 11:36:42 AM
 #269

There are always risks in business and if you want to make BIG gains then you'll have to take BIG risks too. In last few months, Bitcoin hasn't moved much up or down after the January's hype and dump. So I don't think engaging in Bitcoin puts us at any risk.
No one can generate profits consistently, Intermittent and extended losses are part of the trading game, for ex. a day trader may suffer eight loss making trades in a row and only recover with profit on ninth trade. to handle these risk, a day trader must have a sufficient cushion of capital, traders needs also a solid foundation of knowledge about how markets function.
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August 04, 2018, 10:09:32 PM
 #270

We, as physically and intellectually healthy individuals, strive and survive to achieve our dreams, establish our roles in the society and fulfill our needs and wants. But in order to do this, we are also required to be financially healthy. The lingering fact is that money is not achievable as a single candy you can buy in the store. Sometimes, people risk their lives and reputation just to get a handful. Bitcoins are not officially a currency that you can just see in a certain country, that are being utilized and used. So, is dealing with bitcoins and other things related to it also puts us in a risky gamble?
It can depend on the particular government that you're under and country that you're in, because in some of the country's cryptocurrency is already banned and restricted so you're really under the risk.
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August 04, 2018, 10:23:34 PM
 #271

If it is for investment, it is not only in Bitcoin but to most of the cryptos. Cryptocurrencies are naturally volatile im the market making it risky to conver your money or investing into it, risky or having a tendency and chance to lose profit or money. The market value suddenly changes from time to time which includes dumps on the price of the cryptos which would result to complete loss of profit if an investor is not patient.

kidd07
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August 04, 2018, 10:28:45 PM
 #272

Any investment in any field can be very risky to you, and I also find that BTC is the place where the highest risk, but if we are lucky, the profit from them. will be ok the most.
Yes, that's true engaging with bitcoin is risky indeed. I think everything in our life are risky, most espesially if talks about money and investment, but it is normal to face the risk so that you will know the outcome of it. If the result is negative then try another way to improve it. Don't just stop right there. Life is risky that we need to be ready all the time.
Nakedbitcoin
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August 04, 2018, 11:15:47 PM
 #273

Every investment needs to take a risk.If your mindset is that if you joined bitcoin to become rich then just quit because its not that easy to do.Success came from hardwork and theres no successful businessman that doesnt take a risk.So everything need to take risk to achieved all you desired and to be successful.

Actually if you will put into investment in bitcoins well, its very normal that once you entered investment your money or normally your in risky situation but remember if you will afraid in risk you will never succeed,just like in ordinary business you need to overcome the risk to survive.

Yes,  you are right my friend,  you to take the risk if you want to gain a success,  because investment in crypto is needed to be patience all the times. The price of crypto in the market is just like a wave in ocean sometimes it's bump up and sometime it's dump to the lower level. That 's why you have to be clever and need be wise.
The_Dark_Knight
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August 05, 2018, 01:14:42 AM
 #274

Dealing with bitcoin is not going to put you at risk unless bitcoin is illegal in your country, but if that is not the case then you are the one that is guilty of putting yourself in danger, I have seen many people being scammed and they fall for some of the oldest tricks in the world, like a Ponzi scheme, and anyone that losses money in a Ponzi scheme cannot blame bitcoin for their losses.
turkandjaydee
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August 05, 2018, 04:51:27 AM
 #275

Dealing with bitcoin is not going to put you at risk unless bitcoin is illegal in your country, but if that is not the case then you are the one that is guilty of putting yourself in danger, I have seen many people being scammed and they fall for some of the oldest tricks in the world, like a Ponzi scheme, and anyone that losses money in a Ponzi scheme cannot blame bitcoin for their losses.
Yes, the thing we should do if were entering the cryptomarket for the first time is learn how to differentiate which ones are scams and which ones are not scam, learn about ponzi scheme so we dont fall for it, and also be very careful with phising sites and always double check everything.
If we dont do it, then a very big risk will follow us.
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August 05, 2018, 05:13:01 AM
 #276

We, as physically and intellectually healthy individuals, strive and survive to achieve our dreams, establish our roles in the society and fulfill our needs and wants. But in order to do this, we are also required to be financially healthy. The lingering fact is that money is not achievable as a single candy you can buy in the store. Sometimes, people risk their lives and reputation just to get a handful. Bitcoins are not officially a currency that you can just see in a certain country, that are being utilized and used. So, is dealing with bitcoins and other things related to it also puts us in a risky gamble?
It can depend on the particular government that you're under and country that you're in, because in some of the country's cryptocurrency is already banned and restricted so you're really under the risk.

yes, and this will makes the crypto user be careful when they want to use cryptocurrency because they don't want to get any problem. but I think it is better to ask the government about this so we can get the right answer and we don't have to be a worry to break any law. I am sure that the governments will understand if we can explain the cryptocurrency to them and we still need to obey the rule in our country. but I think there are still many people is using cryptocurrency/bitcoin although it is banned and it is illegal in their country.

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August 05, 2018, 05:56:29 AM
 #277

That is true ,engaging in bitcoin put me at risk , but how can we improve our life ,if we are always afraid to engage in such business, investment are always at risk if not properly manage, so person who are taking the risks may have the chance to succeed in life.
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August 05, 2018, 06:32:06 AM
 #278

We, as physically and intellectually healthy individuals, strive and survive to achieve our dreams, establish our roles in the society and fulfill our needs and wants. But in order to do this, we are also required to be financially healthy. The lingering fact is that money is not achievable as a single candy you can buy in the store. Sometimes, people risk their lives and reputation just to get a handful. Bitcoins are not officially a currency that you can just see in a certain country, that are being utilized and used. So, is dealing with bitcoins and other things related to it also puts us in a risky gamble?

OK. Here is my advice. If Bitcoin is illegal in your country, then you either stop dealing with it, or you should immigrate to some other country. On the other hand, if Bitcoin is either legal or having an undefined status, then your arguments are irrelevant.
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August 06, 2018, 10:29:08 AM
 #279

Every investment needs to take a risk.If your mindset is that if you joined bitcoin to become rich then just quit because its not that easy to do.Success came from hardwork and theres no successful businessman that doesnt take a risk.So everything need to take risk to achieved all you desired and to be successful.

Actually if you will put into investment in bitcoins well, its very normal that once you entered investment your money or normally your in risky situation but remember if you will afraid in risk you will never succeed,just like in ordinary business you need to overcome the risk to survive.
Yes we cannot ignore the risk factor that is involve in trading and investment, but if we compare bitcoin with other crypto currencies, I think that it is very clear that bitcoin contain a very little risk of losing money. I personally think that bitcoin is a very safe investment.
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August 06, 2018, 10:56:35 AM
 #280

We, as physically and intellectually healthy individuals, strive and survive to achieve our dreams, establish our roles in the society and fulfill our needs and wants. But in order to do this, we are also required to be financially healthy. The lingering fact is that money is not achievable as a single candy you can buy in the store. Sometimes, people risk their lives and reputation just to get a handful. Bitcoins are not officially a currency that you can just see in a certain country, that are being utilized and used. So, is dealing with bitcoins and other things related to it also puts us in a risky gamble?

People who announced how much bitcoin they have could put their selves at risk because there are peoples who are insecure and might think of something bad with those insecurities that can lead to life risk of the holder. Always keep your feet on the ground and never announce how much you have and live a normal and simple life.

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