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Author Topic: Does engaging with bitcoins put you at risk?  (Read 6633 times)
macarong998
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July 31, 2018, 08:46:04 AM
 #221

If your finances are good, if you can be sure that everything is going well when you invest in bitcoin, you can risk the virtual currency market. When you fail it does not have too much influence on your life.
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yanixbtc
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July 31, 2018, 09:25:32 AM
 #222

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.


That’s true, I don’t think engaging in cryptocurrency will put me at risk. There are ways to avoid risking anything. If you just do bounty campaigns and earn from it without doing investment using a money in your pocket then where is the risk in that? Later on when you receive your rewards from bounties then that’s the time you start to invest. So, it depends on how well you manage your investment to avoid the risk of losing.
psoo7
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July 31, 2018, 10:49:47 AM
 #223

It is same as engaging with wild animals after seeing bear grylls on T.V. Don't do that. Put only that much you can afford to loose. Don't just put all your money because everyone is doing that and I will become rich one day.No! first understand what it is then put only that much you can afford to loose. Even a dog can be dangerous if you interact with him without knowing anything about them just because everyone is doing. My point is Anything can put you at risk if you engage with that without proper knowledge.
Bitcoin is the future Btw.
ammo121810
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July 31, 2018, 10:50:05 AM
 #224

As we all know every investments has a risk. Before we invest we should be ready to face the risk otherwise we might loose everything. Proper management of investment is the key to be able to manage your investments.

vessing
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July 31, 2018, 10:55:32 AM
 #225

Well, in comparison with the risks that pursue fiat currencies, is bitcoin as less risky than Fiats or as more risky? What risks are haunting us every day, when we use ordinary money, and the regulators that serve them?
el kaka22
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July 31, 2018, 11:02:16 AM
 #226

As we all know every investments has a risk. Before we invest we should be ready to face the risk otherwise we might loose everything. Proper management of investment is the key to be able to manage your investments.
Not a chance, even if you are afraid of the fact that bitcoin can be seen something like risky according to the governments, you can still make sure that your bitcoin can't be traced back to you with the mixers. There is no way something as anon as bitcoin to be public knowledge and traced without your will. Even if you just get your money, deposit it on casino and withdraw to the exchange, exchange to another coin, withdraw to your local place and so forth than no one can trace it back to you.

People may keep them anonymous along with enjoying the benefits of bitcoin advantages. But, no one could eliminate the risks of bitcoin market risks. If you will be ready to accept both of these risks only, you may become a bitcoiner. But, I believe in coming years, more government will follow Japan for legalizing bitcoins. Still, we will have the risks of market fluctuations. I guess, after adopting bitcoins, no one is bothering that much compared to government related issues.

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houndie
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July 31, 2018, 11:58:25 AM
 #227

Engaging in bitcoins - investing in the industry, and this is always a risk.
Obregon
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July 31, 2018, 12:00:14 PM
 #228

What kind of risks are you talking about?
alphavested
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July 31, 2018, 12:10:55 PM
 #229

You can always lose money, anywhere and at any time, it is suitable to trade in cryptocurrencies
omegaswitch
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July 31, 2018, 12:12:56 PM
 #230

It is always risk if you are trying to get money from trading
jimpattison2
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July 31, 2018, 12:14:22 PM
 #231

I think that it isn't possible to profit without risk
Btcmicel
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July 31, 2018, 12:19:39 PM
 #232

I think that it isn't possible to profit without risk

For me, if that risk the change is better life for the future, i will take it. Risk is always there in every investment, all you have to do is make it wiser.
Macai
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July 31, 2018, 01:15:12 PM
 #233

At first yes of course, cause you don't know what may bring me after investing. But when i came to familiarized myself with the business, i came to know some strategies on how to do it properly.
Bitcoinbitcoin0909
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July 31, 2018, 01:20:08 PM
 #234

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?
Having the fact that you are spending a lot of money here without an assurance of gaining it back again or higher, you are indeed putting yourself at risk. Though that is the situation, you should not be too afrauid to take a risk or else you won't be able to gain anything from here. Being afraid brings you nothing but disappointment so be brave atleast to risk some of your money here in bitcoin.

peacefulpeace
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July 31, 2018, 01:28:10 PM
 #235

the risk is worth the while, its an intended and unavoidable risk one must take, yesbitcoin prize is currently going up and bitcoin investors are happy to have take the decision to invest, but for those intending to enter the market, they may be skeptical not knowing the next thread the market may switch to. but at the end taking a risk to invest in bitcoin is a calculated risk that is worth taking.
piter_wip12592
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July 31, 2018, 01:44:01 PM
 #236

All of the investment markets that you do not know the essence of, it is the risk that you lose money. If you learn a lot, have more knowledge to invest, it will be your opportunity to grow. for this market also.
samsung001sss
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July 31, 2018, 02:41:19 PM
 #237

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?
I believe that bitcoin will not be able to become a regular currency and replace Fiat system. Fiat money has been around for more than 100 years, replaced by digital money or non-cash. Cryptocurrency, in particular bitcoin I am ready to compare with the asset. A digital asset compared to gold or diamonds. Bitcoin is small ))))

PalindromemordnilaP
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July 31, 2018, 02:44:42 PM
 #238

The very first thing that you should always put in your mind before engaging into crypto investment is the volatility of its market value which means bitcoin and the rest of cryptocurrencies are very risky. As an effect of plunging down its market value, it may be the reason too that will push you to sell your crypto holdings at a low price.

AbuSarap1
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July 31, 2018, 02:46:20 PM
 #239

Bitcoin has dangers to it however not everything identified with it incorporates chance. Dealers that utilizations installment processors like Bitpay is one illustration that doesn't endure any dangers in tolerating Bitcoin. Managing Bitcoin as a cash or speculation puts you in a dangerous circumstance in light of the fact that the cost moves each moment you don't know whether it'll build/diminish its esteem the following day. The individuals who are new for the most part say that it's awful for Bitcoin however for others, it can be something worth being thankful for.
roomboy85
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July 31, 2018, 02:51:41 PM
 #240

I think yes, investing in bitcoin or in any kind of coins in crypto has a high risk to lose your capital if you dont know how to manupulate the system in cryptocurrency. Before we enter in investing its better to study first about cryptocurrency, having a wide understanding gives us a good possible profit in the end.
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