Does engaging with bitcoins put you at risk?

[DeimunHailstrom]

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?

[First77]

$1 to $400 in 4 years and $400 to $10,000 in next 4 years defies all logics. That is super-HYIP

Even HYIPs/ponzis pay 100% to 200% per month for upto 3 years and then they shut down or run into FBI and interpol.

[neliawesome]

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.

[Escf4]

Engaging in bitcoin , It maybe at risk but this is business , how will you be successful when you are always in cowardry and will not engage in bitcoin, take the risks in engaging bitcoin ,all you have to do is to take your investment properly and be safety always because digital business is delicate because of hackers and scammers ,just take necessary precaution.

[Vineeta2oct]

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.

[ralle14]

Bitcoin does have risks to it but not all things related to it includes risk. Merchants that uses payment processors like Bitpay is one example that doesn't suffer any risks in accepting Bitcoin. Dealing with Bitcoin as a currency or investment does put you in a risky situation because the price moves every minute you don't know if it'll increase/decrease its value the next day. Those who are new mostly say that it's bad for Bitcoin but for others it can be a good thing.

[Bountyl]

No, in my country to bitcoin neutral attitude. More precisely, we have such imperfect laws that half, or even a larger half, do not even understand what this is and why this bitcoin is. So, so far, I have no risk to this.

[Falmera]

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.

And the bigger your investments the bigger is your fear and the more risk you will take. Bitcoin has not yet recovered today but let us just wait.

[Kim Ji Won]

How can you define a financially healthy person ? Is it a person with lots of money at hand? Even so, we have our own definition of financially stable or healthy because as you can see, lots of rich people who has a huge net worth in them still strive to increase their assets, do you get my point?

One more thing is that, every investment that we make puts us at risk one way or the other so it is up to you to decide where you should invest  that will give you the most profit.

[EnricoGomez]

Of course it does.
No such thing as good profit without risk, it is what makes it "instant" compared to traditional working.
Though you can always minimize that with adequate knowledge and strategizing.

[Usafstar]

Yes if you want to do a successful business then you must have to take this risk and for me the best idea is to participate in this currency and many other altcoins are coming in the world which is also a good way to be in the crypto market.

[buy_crypt_sell]

There is a risk in everything, including investments in bitcoin. I think that people now greatly overestimate the risk of investing in bitcoin. To risk now and invest in such a huge technological development for me does not cause any fear.

[Slow death]

So, is dealing with bitcoins and other things related to it also puts us in a risky gamble?

and what in this world is not risky? if you use your car to go to work, you run the risk of crashing and dying. If you leave your car, you run the risk of getting hit and killed. if you create a bank, you risk going bankrupt and still going to jail. if you set up a shoe company you run the risk of getting bankrupt and still go to jail. While you are alive, you will always take risks. But you can manage these risks, even when you invest bitcoin you can manage your risk. Always invest money that you know you can lose and it will not be a problem for your life.

$1 to $400 in 4 years and $400 to $10,000 in next 4 years defies all logics. That is super-HYIP

Even HYIPs/ponzis pay 100% to 200% per month for upto 3 years and then they shut down or run into FBI and interpol.

I still have not seen those hyip sites that pay 100% to 200%  per month survive more than 6 months and its comparison is very ridiculous

[Wittycoin]

Of course when engaging with bitcoin put you at risk because bitcoin is business and if you want to earn from bitcoin then there is always risk. Not only bitcoin but anything that you do to earn profit there is always risk. The higher the risk the greater profit you will earn.

[danim1130]

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?

Yes, Once you invest in cryptocurrency you are now at risk but I can literally say that investing in bitcoin or in cryptocurrency are WORTH the risk. Many people can prove that including me. Bitcoins are the future of currency we all know that right. Research about it and then invest so you will know every corner that you in.

[tabas]

So, is dealing with bitcoins and other things related to it also puts us in a risky gamble?

If you treat it as an investment risk there but if you are living in a country where bitcoin and crypto's are banned then you are putting your life in the line.

[Greenkarki]

While taking risk is worth in bitcoin, always risk is everywhere. Bitcoin has a bright future, so keep holding your bitcoin or buy more bitcoin using this current situation. Now the current market situation is not good so you just hold your bitcoin for future.  Holding is also risk, but in bitcoin market we don't get any loss.  According to price growth we can make our profit. For all this we need patience only.  Once the market recover and good sign starts your risk will have more benefits.

[fredo123]

$1 to $400 in 4 years and $400 to $10,000 in next 4 years defies all logics. That is super-HYIP

Even HYIPs/ponzis pay 100% to 200% per month for upto 3 years and then they shut down or run into FBI and interpol.

There's a good chance bitcoin will continue to appreciate,I still have bitcoins in my wallet, I plan to hold onto them to for a while to see what happens, But anyone thinking about investing should understand that its an extremely risky proposition, There's a good chance youll lose most or all of your money so please only invest money you can afford to lose.

[bungutko]

Basically, even in stock markets there is still a risk and somehow with bitcoin I would say that there is only a minimal risk involved provided the investors investing with bitcoin should have proper education about this currency. I believe at some point if people have sufficient knowledge with bitcoin, then I think there is a higher probability of a successful investment with bitcoin. If some people don't believe in bitcoin, no one is forcing them to invest on it and later they will remorse for not investing bitcoin when it will shoot up.

[carlisle1]

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 depends on how you will deal in bitcoin or cryptocurrency because investing your money on this is very risky.but investing your time wasnt

Because you can just invest time and effort to deal and make your way inside,how would this possible ?by joining bounties,and airdrops from this we can gain token or coins that can convert to fiat and then to bitcoin so gaining bitcoin without investing or risking money