Does engaging with bitcoins put you at risk?

[amirmass]

Of course there is risk unusuru because it is not legal. But there is no big risk as it is not banned by the state. Nevertheless, it is necessary to be careful when dealing with this market.

[Emigham7]

In every business and investment,risk is involved. Bitcoin is not an exception. All one need to do is to invest wisely and avoid falling into the hands of scenery and dangerous hyip/ponzi

[wantjokull]

I have never seen this kind of statement until now but this is really interesting. I dont think it puts us in the risk of gamble as long as you are not acting like dumb in an investment that you are making here. I think bitcoin is more or less opportunity for us to earn big money, get us ridden with our financial problems and also help us find our daily life very easy. Those who really get into bitcoin to superficial level, dont understand it completely and just go invest blindly are surely risking their investment, their time and efforts. Thats the only precautionary step here otherwise everything looks good in the crypto currencies.

[Ryker1]

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.

I agree, every investment has a risk, but in bitcoin, it's most likely where you'll earn big time and if you fail or lose, it's your responsibility, because you're the one who's handling your own money, and besides bitcoin is more profitable than any other investments. I guess the only risk in engaging with bitcoin for me is my health, because I'm engaging and bitcoin and studying at the same time.

[Undermood]

Of course everything that the state does not approve is risky. You may have problems checking your government accounts. For this reason, act according to the approach of your state.

[DeadCoin]

Not yet as of now and i dont think i would ever have sich moments. I earn and have taught many what is crypto and how to earn this. The issue will only araise from the government if any but my country has not yet even accepted or denied butcoin. But soon this may accept bitcoin or make this as commodity, hence a good news can be expected. So no issues here as of now. Hope this should not happen as well.

[tanghere02]

Well technically anything that has to do with or involves money are risky so whether it is an investment or engaging in bitcoins and other cryptocurrencies which are basically money if you convert it to fiat are also risky in my opinion.

[slyfox]

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?

Investing in bitcoin is a risk, but it is a calculated risk, and if you think the risk is too high then you can avoid participating in it, no one is going to obligate you to get bitcoin and form part of the community, we just ask one thing, if bitcoin does in fact becomes as successful as we think it can then do not come here and cry about all the bitcoin you could have got and didn't because you were afraid of the risks.

[Kambal2000]

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?

Investing in bitcoin is a risk, but it is a calculated risk, and if you think the risk is too high then you can avoid participating in it, no one is going to obligate you to get bitcoin and form part of the community, we just ask one thing, if bitcoin does in fact becomes as successful as we think it can then do not come here and cry about all the bitcoin you could have got and didn't because you were afraid of the risks.

The risk depends on us, if we have lack of knowledge in investing then I think that there is a lot of risk involves around us but if we are a risk taker but have knowledge with what we are doing then there a less chance of risk in us, that is why we need to have at least knowledge before entering into investing.

[Lorin]

When you want to be successfull and start a business, risking is always present. Like here in bitcoin a little risky is needed because you need to invest and try try it so that you can earn more profit.Sometimes you get failed, but  its a part in the world of crypto, charge it as experience and later learn more knowledge and be careful.

[Eigig]

We can not deny it , engaging with bitcoin may have a risk ,but this risk can be manage by yourself, just be cautious for every move you will make with bitcoins ,because one false move can ruin your bitcoin investment, so just be safety always manage your account carefully.

[Crypto24hrs]

My dear in my own philosophy i strongly believe that inability not to take risk is also a big risk of its own, life is all about risk but never you forget one of the principles of risk taking " don't take risk that you cant absorb the shock", so far trading in bitcoin has not put me at any risk.

[Spend.com]

I believe, in my opinion, following the right metrics means you can figure out how to hedge any asset or currency to your favor.

[Xenoph0bia]

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?

Investing in bitcoin is a risk, but it is a calculated risk, and if you think the risk is too high then you can avoid participating in it, no one is going to obligate you to get bitcoin and form part of the community, we just ask one thing, if bitcoin does in fact becomes as successful as we think it can then do not come here and cry about all the bitcoin you could have got and didn't because you were afraid of the risks.

The risk depends on us, if we have lack of knowledge in investing then I think that there is a lot of risk involves around us but if we are a risk taker but have knowledge with what we are doing then there a less chance of risk in us, that is why we need to have at least knowledge before entering into investing.

Actually bitcoin is a bit risky but the risk is worth taking.Bitcoin can give us a lot of money without doing much of hardowork.Bitcoin's value is very volatile and we have not idea what will happen the next minute as bitcoin does not follow any pattern or sequence so it can go down or up anytime.But the prices are increasing a bit slowly.One should definitely have some bitcoins saved for future price rise.Sometimes you will fail but profit is waiting for you every next minute.

[batang_bitcoin]

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

There's nothing in this world that doesn't have risk if you want to gain something. Risk is associated with gamble so everything that you are taking with risk is a gamble.

I'm not even taking of engaging with bitcoin and having it as a risky thing, you are just overthinking that much and its possible that you don't even have it.

[DonateBB]

Many BTC investment participants have become old owing to their holdings, and now the BTC market is growing, only the BTC coins are up, which is characteristic of the BTC.

[indijim]

I thought this was going to be about a security risk. As in your safety. And I wanted to say that with the way cryptos work, with private key giving you access to your funds and all, I often think that it can be forcefully taken away from you, and you won't be able to get it back. So I try to be careful with the people in my daily life.

[Finestream]

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

There's nothing in this world that doesn't have risk if you want to gain something. Risk is associated with gamble so everything that you are taking with risk is a gamble.

I'm not even taking of engaging with bitcoin and having it as a risky thing, you are just overthinking that much and its possible that you don't even have it.

I think being with bitcoin is somewhat taking risks already.Investing in it does not give full assurance that we will gain  profits all the time because the price always fluctuates.The price may up this time but maybe in the next hours,it has high chances to fall.But having this high volatility will give us hope even more to be rich in the nearest time.

[Xmjx]

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.

Bitcoin is not us to gamble, gamble for what? I think it's a reliable alternative source in income if you are familiar and be thoroughly knowledgeable about the different aspects of cryptocurrency. Hardwork and perseverance can lead us to success in this community.

[lotsky123]

Yes it might especially if you are investing a huge amount of capital with your fiat money. You should be a risk taker if you want to get into crypto world to succeed. Or to avoid risk try joining campaigns and if lucky enough you choose the good ICO, then the rewards you get from it will be your investment in bitcoin. So no worries at all since the money you've invested is from the campaign you are joining.