Does engaging with bitcoins put you at risk?

[shulio]

We are in risk more than whales as they have spare money to invest and wait more than us.

[alfs75]

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 in thats words is true ,that we can say that,dealing  with bitcoin and other things related to its ,can put us in risky gamble,because everything your own knowledge,time and effort and sacrificing some of your health to doing a crypto investment  in order to achieve our goal and aims in life even though sometimes we doubt that i can become profitable about this,but definetly sometimes i can thinks life is uncertainty even you not gamble in crypto investment,everything happen in our life is risky.

[Vaskiy]

One who has the mentality to risk himself is supposed to get engaged with bitcoin related activities. Just with the willing to earn getting into bitcoin looking upon the other common users will lead to drastic failures. Should know the good, bad and the reality to be successful rather than just falling without any basic understanding to loss big.

[Smitt]

I remind you, everything about investing has risks. Bitcoin is not a legitimate state currency, but better known as a digital coin that has a price and is currently busy to have it as an investment. Currently bitcoin is worldwide and popular among the public, and certainly, many who support bitcoin as a legitimate currency, but there is still much debate to make it happen.

[weblouartisan]

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?

Absolutely yes, the risk you will be taking will be always depending on how much money you are going to use as a capital for investing in cryptocurrency.

[Aveatrex]

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?

The risk is real,not because Bitcoin is not officially a currency (most people consider it as an asset ayways) but because your home country can anytime decide to ban it or take serious action against it that may lead to difficulty while sleeping or difficulty in keeping hands at it (finding difficulty at selling it locally).An investor should consider these facts before even talking at speculative character of it and such things.

[Johnyz]

I remind you, everything about investing has risks. Bitcoin is not a legitimate state currency, but better known as a digital coin that has a price and is currently busy to have it as an investment. Currently bitcoin is worldwide and popular among the public, and certainly, many who support bitcoin as a legitimate currency, but there is still much debate to make it happen.

Every investment has its own different level of risk, bitcoin is not different from any investment when it comes to risk, but I don’t think you need to be financially healthy before you invest because for me as long as you know how to invest properly that’s better.

[market field]

I learned a lot before investing in this market. Being an exciting financial investment market let me experience myself. And I believe in blockchain technology will not pose a risk to those who have knowledge of it.

[Jlv]

Yes engaging with bitcoins always put us in risks and we cannot avoid that, but of course before we do anything investment or trading here we have to make deeply research and investigation in any project to protect our money in any losses in which we might experienced.

[coly20032003]

I think depends on how much money you put there, if you only put a few hundred dollars, then it is nothing. You can easily lose those in a casino as well. But if you put all your hard earned money in bitcoins, then it will be a little risky. You should invest wisely and try to diversity the investment when possible.

[Indrawan77]

Well every investment got the risk and bitcoin more appreciate as asset, and I think bitcoin is a risky investment its more risky to invest in bitcoin than other fiat investment, but the profit of bitcoin is far way greater than any other investment so I think its worth to take the risk to invest in bitcoin, bitcoin is not a dangerous investment if we dig deep and study about the market

[AmazingDynamo]

If people enter the crypto industry without any knowledge about the market and started to trade or invest that is the risk, but if you enter crypto with enough knowledge about the market it will help you to have a good profit because the volatility makes a person without knowledge to go down to 0.

[Fantastic33]

Engaging on bitcoin can be a risk due to its price volatility. So as a holder or a trader, one must always watch how its price will turn out. One must be very careful on the decisions that they make and on how they manage their bitcoins. Thats why it is very important to enhance our knowledge when it comes to bitcoin and must be always updated so that we will know how to handle it. With this, risk on bitcoin can be lessen so it wont turn into failure.

[ngano ba]

There is a little risk , when engaging in bitcoin investment ,because in the cryptoworld or digital world, you must be very careful when working with it because there are many hackers that are waiting for your mistakes and get advantage over you, thayt is why it is risky when joining cryptocurrency.

[satana_igor666]

Bitcoin is not yet the official currency, but it will probably change soon.  While those who managed to invest in it and get a good profit were in the black.

[Man From The Future]

I think yes, anything that is associated with bitcoin is risky. Especially if we are new to bitcoin, then we invest and trade bitcoin, and this is very risky due to bitcoin price is very volatile. But bitcoin is well worth the long-term investment, because there are many advantages that are not possessed by physical money. Following the campign signature is also at risk of not getting the rewards, time and our thoughts felt in vain. So should we have to minimize or know the risk, so we are not disappointed later.

[Babyhouse]

Legal and regulatory hazards aside, as both an investment and currency, bitcoin is very risky. The financial value of a bitcoin, however, is highly volatile and may swing widely from day to day and even hour to hour.

[Olalomi]

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?

To be successful in life a risk must be taken, although there are calculated risks in the case of bitcoin those who took the risk since its inception had accumulated considerable profits now thus took a risky gamble which turns positive, however there are countless of investors that took the risk of buying a supposed prospective coin which later turns worthless reaffirming the fact that whatever investment we took is more or less like a calculated gamble.

[SixOfFive]

Yes, investing in Bitcoin surely puts one at many risks, but that’s the nature of entire cryptocurrency market.  In fact, the investment sectors are always risky. It’s the greed to obtain more and more that risk our lives and reputation and not the cryptocurrencies. One should have sensible and realistic goals and if investing in it cautiously it can be a very good part of our financial management.

[Amanda Green]

Everything that is related to finance and investment is risky. That argument is relevant not only for crypto. Therefore, the smartest way to invest in digital assets is to build a well-diversified portfolio based on your risk preference and investment goals. Such a portfolio would likely include a substantial holding in bitcoin and small exposure to promising ICO tokens. I have found a trustworthy ICO project. It is called Socratus.  It is an insurance ecosystem which provides a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem. Their main aim is to create a win-win insurance whereby you get instant claim payment,  fair and transparent dealing and friendly prices. They are also helping insurance companies to reduce costs (it can be reduced from 15 to 25 %) and get their business on a new level. Also, they are 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.