Does engaging with bitcoins put you at risk?

[websoftwareengineer]

I think all the activities you do when you live all of them have risks, you have to dare to face the risk so you can get a lot of profits, the higher the risk that you experience then the results will also be higher.

It will only put you at risk if you cannot really handle the market's volatility since the risk will always be depending on how much you invest on the market.

[millionaireshs]

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?

In terms of financial issues, it is possible but not certain. There are a lot of successful individuals that engage themselves in crypto world on the other hand. Being said it was not certain there are bunch of possibilities to become MILLIONAIRE BECAUSE OF IT so don't ever stick to the idea that crypto or specifically bitcoins just bring risk.

[herminio]

You have to take the risk if you want to be a successful, but in bitcoin there's a big risk involved but also has a big chances to become a successful in financial, So don't afraid to take the risk.

[ellehcar]

The fact that bitcoin exists in a virtual realm speaks for itself that it’s truly risky. Its price is quite volatile or unstable, and it is illiquid or could not be easily converted into cash. It is also unregulated, which only means that if the government declares it as something illegal, its existence and usage in the market would be dissuaded, resulting to depreciated value. That’s why many countries are still not adopting the idea of it, despite its popularity and the convenience it offers. These are just some of the factors that put anyone adopting it at a great risk.

[Domicbora]

Dealing with bitcoin in my country is not a risky process but turning the cryptocurrency into fiat can cause big problems in terms of taxes in the future. Because there is no legal regulation yet.

Yes as the government especially banks putting their eyes to those who can't support where their money came from. And banks have little knowledge of crypto currency that's why they didn't honor it as source of income.

Of course risk is everywhere in cryptos, so if you don't have the balls to carry all these then you should be thinking right now.

It all depends on the knowledge which you have regarding this advanced concept of the crypto currencies which will decide the probability of the risk which you have to face at time when you are investing your money into the crypto currencies especially bitcoin. It is better not to go for investing of your money till the time you are not fully aware of all the things and that you are not ready to take this risk.

[lungu113]

If you invest in bitcoin, you are really risking your money which you cannot know if the price will increase or decrease. So it's better to research so you will know when to invest.

[Sonamziv_99]

Bitcoin has dangers to it yet not everything identified with it incorporates hazard. Traders that utilizations installment processors like Bitpay is one case that doesn't endure any dangers in tolerating Bitcoin. Managing Bitcoin as a cash or speculation puts you in an unsafe circumstance on the grounds 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 generally say that it's awful for Bitcoin however for others, it can be something to be thankful for.

[traderethereum]

maybe it can be a big risk if we don't learn anything about bitcoin so we can lose our money in the trading or in other programs. but if we can learn about bitcoin and the way to earn more bitcoin, then I think we are not put our money to the risk because we can earn bitcoin from our way. as long as we can be wise to invest our money in bitcoin then I think we don't have any problem with what we do in the cryptocurrency. people just put their money on the risk if they cannot think that to earn money from bitcoin, they need to have a knowledge and strategy so they can be able to earn money.

[peter_coin]

Bitcoin is not illegal and as such engaging in it wouldn't put u at any risk, the only risk u may have is losing funds due to poor trading skills and habits as such it is always advisable to make sure that u get some coaching on how the cryptocurrency market works for better trading decisions.

[megatrix]

Any business and or investment has its own risks that you need to face. If you are looking into great gains then you should be prepared to face and take big risks as well. All you have to do is to be strong enough, be smart and strategic on your actions and decision so you can mitigate some risks.

[Gila uang]

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.

I think There is always a positive and negative side of entering the world of cryptocurrency. But in the end, it is up to us how we value bitcoin and use its purpose for ourselves.
If we are going to deepen our understanding of bitcoin then we also know what the risks are. What's more, we can defy the scenario of losing our time and effort if we examine our idea of ​​bitcoin.

[ganlianshifu1]

Investing in BTC and cryptocurrency is a gambling act!
If you don't participate in bitcoin transactions, it can't rob you of any penny. If you enter Bitcoin speculation, you may be looted at any time, just like this.

[BerneirBTC]

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.

Every business contain risk so yes bitcoin can you lead your money to lose.Its highly risky they don't exist physically we can't touch it we just put our money in air and nothing.

[zeaderza]

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.

There are two categories of people as far as I know. First, those who have got enough money and they are smart enough to increase this money range. They start making their plans and strategies to follow up and thus invest more and more in crypto. Second are those who doesn’t have money rather they step into this world just to earn money. Good luck for both of them.

[indayburakday012]

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 it could affect our health indirectly like having some stress when market price for bitcoin falls down. As we all know that it is all about money that we invested on it and instead of getting a good market price for it even the loss of our money. I have a small scale investment and until now i do not know what will happen for the current fall down for bitcoin.

[spongegar]

Well, what ever investment we go to or what ever carrer we may face, we will encounter a certain level of risk involved. We just have to decide if those risks are worth it for its price. I myself invest on crypto currency with money i care to lose to actually decrease the risk. There are alot of ways to reduce risk, but you have to remember that ypu should also be brave about it.

[agimat]

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.

Actually if you will put into investment in bitcoins well, its very normal that once you entered investment your money or normally your in risky situation but remember if you will afraid in risk you will never succeed,just like in ordinary business you need to overcome the risk to survive.

[BerneirBTC]

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?

In terms of financial issues, it is possible but not certain. There are a lot of successful individuals that engage themselves in crypto world on the other hand. Being said it was not certain there are bunch of possibilities to become MILLIONAIRE BECAUSE OF IT so don't ever stick to the idea that crypto or specifically bitcoins just bring risk.

Wallet can be hacked, You got scammed, price can be drop, and much more reason are here which make your money in risk.But you can't make money without taking any risk.

[sempak bulong]

The world of bitcoin clearly has risks. The risk that I think is necessary for us to go through so that we can take lessons and get better, if you are afraid of failure then success that you will never achieve.

[Yunbalo]

Any investment in any field can be very risky to you, and I also find that BTC is the place where the highest risk, but if we are lucky, the profit from them. will be ok the most.