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vagsun
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July 28, 2018, 06:12:25 PM |
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Yes definitely ,engaging with bitcoins put you at risk. Bitcoins are highly volatile and keeps on changing time to time. There is a huge amount of risk in investing in bitcoins. You never know where you will stand in next 1 month. You can become a king in very less time as well as you can become a begger too. Invest only upto that amount which you can suffer even if loss arrises.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Honuandhonu
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July 28, 2018, 06:16:25 PM |
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You need to understand first thing that is every investment you make has some risks to some extent, some have much some have less.
Bitcoin or whole crypto place is highly volatile so you are putting your money on something which is a bit risky, but there's a saying no risk no gain, think about risk vs reward.
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Himanshu111
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July 28, 2018, 06:48:40 PM |
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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?
Obviously yes, because investing on a cryptocurrency will not make you earn profit instantly since it takes time before the market price pumps up in the market. I think it is not related to gambling because we know the potential of bitcoin prices in the future by looking at its development, we don't buy coins randomly right? so you do not need to be afraid of it, but of course the risk persists, because sometimes internal factors such as impatience, panic, etc. will make you lose... Actually bitcoin is a bit risky but it is worth taking the risk.Since the value of bitcoin is very volatile and unstable,we do not know when will the price rise or fall it it does not follow any sequence or pattern.But people have a lot of faith in bitcoin.Bitcoin is famous due to its volatility only.It has made many people rich.It is the best option for investment purposes.The number of users are increasing day by day even after the fall in price of bitcoin.It is still the most expensive cryptocurrency in the market. |
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Emigham7
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July 28, 2018, 07:11:09 PM |
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Every human endeavor is characterized with risk. Bitcoin is not an exception. In every investment, one is exposed to some certain amount of risk. Engaging in bitcoin is very risky, but one has to take a wise look and study the system well before diving in.
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bigdaddyderp
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July 28, 2018, 11:23:13 PM |
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Crossing the street is a risky gamble. You must measure risk to reward to properly evaluate if you should engage in this behavior of buying Bitcoins. To me the reward outweighs the risk so I'm in.
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Cryptoville247
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July 28, 2018, 11:52:19 PM |
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In my opinion, there is no gamble in dealing with or keeping bitcoins. Bitcoins are even among the safest assets you can keep with ease as it requires no stress at all. So, your risk is very minimal or negligible.
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Elai101
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July 29, 2018, 01:01:58 AM |
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Every human endeavor is characterized with risk. Bitcoin is not an exception. In every investment, one is exposed to some certain amount of risk. Engaging in bitcoin is very risky, but one has to take a wise look and study the system well before diving in.
Risk are every where, If you want to achieve something or you are dreaming of something always consider to face the consequences that you might acquire. Engaging with bitcoins are risky indeed considering the fact of its volatility and we can't predict its up and down. So we can't really say that BTC is always ending a success story, but how to know if it is a success if your not taking the risk? |
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Zabzab9
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July 29, 2018, 01:43:35 AM |
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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?
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. |
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Sled
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July 29, 2018, 01:55:04 AM |
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It puts you at risk but it depends on you on how you are going to keep up with a low type of risk. If you are going to put a good work at bitcoin by growing your investment then it will give you a low risk but a high reward, it just all depend on the strategy that the people will be using so if you are engaging with bitcoin, it is better for you to stay at low risk and do it slowly but surely.
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jiya jaena
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July 29, 2018, 02:56:00 AM |
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you say that bitcoin a risky gamble? how about other investment? i think all investments are a gamble, we don't know that the asset you invest will make you profit or loss. i think all have risks
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Mateo123
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July 29, 2018, 03:05:51 AM |
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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?
Indeed, risky is everywhere ,before entering the world of crypto we must bear in our minds that taking risk is necessary inorder to make profit inshort crypto is for risk takers you should be strong emotionally,mentally but if you know the whole thing about crypto you can minimize the risk. |
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dams87
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July 29, 2018, 03:27:39 AM |
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let alone any bitcoin of any job, trade, or investment is at risk. all we need to do is figure out how to make sure that what we do in the search for money does not have a high risk
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Astermony
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July 29, 2018, 05:38:52 AM |
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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.
Yes I agree with you. Engaging in this industry of cryptocurrency is also kind of a risk and desicions. If you want to gain a large amount of money then you should also take a risk even if it is hard to you but you should do it to be able to reach the goal you've always wanted. |
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budiarmed
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July 29, 2018, 06:21:16 AM |
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Bitcoin has a high risk because its value is constantly changing and difficult to predict. Besides bitcoin has a high risk of bitcoin is also a way to gain profit.
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Ziskinberg
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July 29, 2018, 06:31:17 AM |
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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.
Yes I agree with you. Engaging in this industry of cryptocurrency is also kind of a risk and desicions. If you want to gain a large amount of money then you should also take a risk even if it is hard to you but you should do it to be able to reach the goal you've always wanted. Exactly.More risks means more gains so if you think you want to reap huge gains even in the future then start taking risks now.I think not just in bitcoin but even in other investments,risks is still there.It's just that bitcoin has more risks to take knowing it has also its own high volatility. |
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stephanirain
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Freshdice.com
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July 29, 2018, 01:27:32 PM |
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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.
Yes I agree with you. Engaging in this industry of cryptocurrency is also kind of a risk and desicions. If you want to gain a large amount of money then you should also take a risk even if it is hard to you but you should do it to be able to reach the goal you've always wanted. Exactly.More risks means more gains so if you think you want to reap huge gains even in the future then start taking risks now.I think not just in bitcoin but even in other investments,risks is still there.It's just that bitcoin has more risks to take knowing it has also its own high volatility. Everything in cryptocurrency is a risk, if you have made the right decision you might double your profit or even more. There are also risk that you will get nothing and that is part of in engaging cryptocurrency, but you can still easily return all of it in with out any worries. |
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Masongrae
Member
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Activity: 223
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July 29, 2018, 02:22:23 PM |
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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, investment in bitcoin ia a risk you have to take. Just like any investment, job or business faces many risks as well. Have a study about bitcoin and crypto. Learn and invest for this is the best way to do it. |
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djsugar
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July 29, 2018, 02:26:46 PM |
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Are stocks something you can use as currency? NO
Does fiat currencies have any intrinsic value? NO
Isn't gold more inflated than what actual is its intrinsic value? YES
Bitcoin which can be used as a currency for online purchases, is an investment asset with high rate of returns. It might lack intrinsic value, but utility factor which will grow in future can give it a required demand which will run the price in future.
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MaryClark12
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July 29, 2018, 02:44:45 PM |
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To me, investing in electronic money in general and Bitcoin, in particular, is a gamble. If you're lucky, you can gain a huge amount of money or a bitcoin. And if you're not lucky, you can lose faith in virtual money, worse you can lose your assets. If you invest in the money market, you should stay away from all kinds of fraud.
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Lesterus
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July 29, 2018, 02:55:44 PM |
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Involving in bitcoin will take you a risk, engaging in crypto is all about risking your money. so always have a research before make any investments due of bitcoin is volatility. I think crypto is like gambling but not completely a gambling but its better to say risky business.
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