Does engaging with bitcoins put you at risk?

[magneto]

What risks are you talking about here?

As long as you use bitcoin for legitimate purposes, and comply with laws (this applies to fiat as well), there is virtually no legal risk. If you're talking about volatility of bitcoin, then I think it's really a non-issue. Bitcoin may be volatile in the short term, but this volatility has gone down a lot in recent years because of the markets maturing. Besides, I'd rather hold bitcoin than fiat because bitcoin has a decentralized and limited supply, unlike fiat which can be debased easily.

Bitcoins are not officially a currency that you can just see in a certain country, that are being utilized and used.

So? If bitcoin was controlled by a state or government then it would be no different from all the fiat. The whole point of BTC is decentralisation.

[Babyhouse]

But the Bitcoin story has so much more to it than just headline-grabbing pricing swings. Since bitcoin is a digital currency, no bills to print or coins to mint. It's decentralized -- there's no government, institution (like a bank) or other authority that controls it. Owners are anonymous; thus there is risk but there are a lot of benefits you can get when engaging to it.

[cryptoalfs76]

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 about this statement that dealing  with bitcoins and other things related to crypto put us risky gamble,but in the other hand at least being in risky world you know thats you have a great future in cryptocurrency investment especially that your goal been achieve and completed.while in other hands its needed also that being engage in crypto we must need to care our health.

[Harlot]

Well in my point of view anything that involves you spending some money in order to earn more are all consodered risk. There are really just some investments where the risk is big but the bigger the risk the higher the return will be. With regards to Bitcoin's legality I think what you can call that is avoidable risk. Just by simply doing some research and some inquiries to your local lawyers will simply let you know if Bitcoin or any other cryptocurrency in that matter is legal in your country or not. This way you can learn if Bitcoin is illegal or not before you can even buy one.

[sevenbits]

It seems to me that any financial operations one way or another increase your risks. in fact, all of your profits are obtained due to these or other risks. bitcoin is definitely a high-risk asset and you need to keep this in mind when investing.

[Tigorss]

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.

it is a decision to risk but the risk that I get is the neglect of my work in the real world so that my career is increasingly declining but it depends on the benefits I get from bitcoin.

[Slavyanskiy]

Many people believed in Bitcoin and bought a large number of Bitcoins, now they have become rich people.

[creeps]

It seems to me that any financial operations one way or another increase your risks. in fact, all of your profits are obtained due to these or other risks. bitcoin is definitely a high-risk asset and you need to keep this in mind when investing.

My first day in cryptomarket is really tough, no profit more on stress but I don’t give up that time until I qualified for some campaign and started to make money that time I’m so happy but I understand the risk in this market is getting higher. Capital is one thing, but if you put extra effort to understand cryptomarket you will know that you don’t need to invest any money here just pure of hard work. You cannot stop the risk, just live with it and win in this market.

[Marlo0619]

No. It doesnt. Engaging with bitcoins put you at risk is not true. In fact there are many people who uses bitcoin became rich. Not just rich, super rich. They invest and when they invest, they think twice. They are wiser especially when it comes to fighting scammers and hackers. They must be wiser so that their money wont be hacked by hackers. If you use bitcoin, there no need to pay anything. You just need to post and you can make money in bitcoin. You just need patience.

[Ferry22]

Yes it is true, entering the world of Bitcoin is very risky, when we can not control our emotions. we can lose all our money, if in trading coin prices fall and we do not be patient. but in essence, the purpose of people entering this Cryptocurrency World is to earn money and become rich.

[joebrook]

Many people believed in Bitcoin and bought a large number of Bitcoins, now they have become rich people.

Bitcoins is just like any other investment so that means that when you decide to out your money into bitcoins that means that there is a small risk that you are going to lose your money or maybe even profit from it.

[isidrorex]

Let's face and accept the reality, every investment has a risk. It only defers in our own knowledge and how we handle our trades and transactions for the success of our investment. We have to be mentally prepared before investing and we have to be ready to accept the consequence in our investment if it would be successful or will only be a failure.

[liivii]

In order to see the result weather it will be good or bad we need to put risk, and also almost all here in crypto currency is risky because it involves huge money. So every move here is thought well and we'll plan so that it will lessen the possibility of such loses. You will learn through experience here so don't be ashamed if you get lost on your first transaction. Bitcoin is so powerful that everyone doesn't afraid weather they take the risk because if luck comes to you, you'll surely live your life with huge money.

[bajingluncat]

I think that any thing in the world that gives results will have a risk that accompanies it, let alone bitcoin, we work in the real field also contains risks such as work accidents and health problems because the body is too suspended, or if we go into the investment world, whatever either real or digital there will be a risk, but it's a life choice if we want a result let alone a great result then we also have to take risks, I think that has become a fairness in life, depending on how we react, formal education or experience so that any risk will be minimized and the results obtained will be more leverage

[mutrang23]

It seems to me that any financial operations one way or another increase your risks. in fact, all of your profits are obtained due to these or other risks. bitcoin is definitely a high-risk asset and you need to keep this in mind when investing.

I realize that everything has its risks and especially with a large investment portfolio. The risk of others is your profit so take the risk. Do not worry about risk because there is always a risk in financial investment, but you have to know how to turn risk into an advantage.

[Gotomoon]

Yes it is true, entering the world of Bitcoin is very risky, when we can not control our emotions. we can lose all our money, if in trading coin prices fall and we do not be patient. but in essence, the purpose of people entering this Cryptocurrency World is to earn money and become rich.

Agree, we should take note that their is a risks when investing. If you dont put at risks your bitcoin you will not gain anything. Accept the truth to earn in bitcoin risks should engage.

[romero121]

Engaging with bitcoin as well related activities will never let into into risk. The risk of being into bitcoin happens only when you make mistakes without proper understanding as well don't have a mind to learn the do's and don't. At the beginning everyone will encounter some loss, who gain experience and learn will profit overcoming the risk. When days pass the risk will never be a big thing for them which is the truth.

[Ethreyes]

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?

That's a good question... Yes of course if we are involved here and we are trying the uses of cryptocurrency well you can also called it as taking a risk...  Especially if you are a trader,  investor and bounty hunter...  It is part of our job here to take a risk...  If you really want to succeed in the end you will grab the opportunity of bitcoin....

[talenah kotang]

Every risk exists in the world of commerce. to get results, you have to take risks to get better. If you never try to take risks then you will never feel a profit.

[PlusOne88]

It is real risk or a gamble to invest on something which you will never know what the future is, not unless things just happened. Bitcoin is the same as it is always unpredictable. Everytime, things may never be the same as what have happened. So we really need the skill to help predict outcomes as closely as possible. This helps a lot, so that we will never fear it and risk will always be manageable. Don't fear risk as it is natural in business.