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Author Topic: Does engaging with bitcoins put you at risk?  (Read 6773 times)
SHAWN-MIDWAYS
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August 10, 2018, 05:46:16 PM
Last edit: August 10, 2018, 06:47:34 PM by SHAWN-MIDWAYS
 #281

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.

You should be aware that every business has a risk and we have to take a risk in order to secure our life.
So yes it can be put you at risk. After investing it’s up to you how you manage your coins how you can secure your bitcoins you should not trust anyone also do no do panic sell always hold your coins and believe your self.
dmamigo
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August 10, 2018, 06:26:07 PM
 #282

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.

We should aware that every business has a risk and we have to take a risk in order to secure our life.
So yes it can be put you at risk. After investing it’s up to you how you manage your coins how you can secure your bitcoins you should not trust anyone also do no do panic sell always hold your coins and believe your self.

Not only business but every part of our live is filled with risk. And as the return can be quite huge in crypto market, the risk related to it is also huge. I agree people fear the risk being too huge and hearing the speculation makes some foolish movement and end up making their fear true. For few people now it might look like this investments are gambling in this sector, but they wrong thinking will be gone in future.
virarara
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August 10, 2018, 07:18:35 PM
 #283

Yes, of course if we are involved with bitcoin we also have to accept the risks. Especially in the investment sector, if we invest in bitcoin we must accept the risk and have to be brave.
jake zyrus
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August 10, 2018, 07:51:38 PM
 #284

Of course it does.
No such thing as good profit without risk, it is what makes it "instant" compared to traditional working.
Though you can always minimize that with adequate knowledge and strategizing.
I agree in your opinion joining in investing in bitcoin is good choice but there is a risk if you want to earn more profit cause it is not an ordinary work and income can you get easily,  joining here you need lot's of knowledge and strategy on how you can get more profit in your investment. Investing in bitcoin you need be calm and patients to wait cause the price value of bitcoin is unstable and if you want to earn more profit you wait until the price is going up . The risk of bitcoin is the price value is unstable.

onaiwusun
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August 10, 2018, 07:54:11 PM
 #285

No meaningful investments go without a good dose of risks, for bitcoins,there are more than enough reasons why the rewards are far less than the risks.
BertoloyBTC
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August 10, 2018, 09:22:40 PM
 #286

We can deny that engaging in bitcoin will put you at risks ,but how can you improve your life if you always at safe with no extra gain, we can change our lifestyle if we are always afraid of anything coming to your life, how will you improve if you are always taking the easy life, but not taking the risks.
ylnar123
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August 10, 2018, 09:43:30 PM
 #287

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, putting our funds to a digital currency will put our money at risk. It's is because in cryptocurrency, there is what we call volatility in which anytime our funds will go down to zero. But at the very least the risk we have to take will give us better gain than on a traditional kind of investment.

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slyfox
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August 10, 2018, 10:02:50 PM
 #288

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.
Being afraid to fail is the number one reason people do not do stuff that they know they should do, if they fail following the path that everyone takes no one blames them because they failed as well, but failing in an original way is seen as a failure but what they do not realize is that the only way to become successful is to learn from those failures until you succeed in an unconventional way.
Fire316
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August 10, 2018, 10:14:53 PM
 #289

  Yes engaging with bitcoins will put you at risk but you need to take those risk to earn in cryptocurrency and to have a better life. Engaging in bitcoin is risky but profitable and  this could the better way to achieve our dreams and plan for the future. If you are not a risk taker person and afraid of risk then bitcoin won't help you raise from your current situation.
Vness10
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August 10, 2018, 10:20:57 PM
 #290

People must know how bitcoin risky is that's why we need to make sure that before we enter in crypto and use bitcoin we ready to all risk we facing in bitcoin. We all know that is not easy to make a good earnings in bitcoin you need more patience and hard work.

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Cotton Candy
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August 11, 2018, 12:31:32 AM
 #291

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 think yes because knowing that the bitcoins are a new thing so that means you are engaging yourself to the thing that you are not comfortable with si that makes it risky because you do mot know what will happen. Every thibg and every business have their own risk because business itself is a risk you cannot gain anything wuthour risking something.
Altf4
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August 11, 2018, 02:09:26 AM
 #292

Yes engaging in bitcoin activities especially if you have no extra knowledge in digital works like this cryptocurrency, in which it is operating in the cryptoworld because ,you will work this in advance technology gadgets and accessories, but this risks can be overcome by constant hands on gathered more infirmation and familiar with the digital applications that runs bitcoin and other cryptocurrency.

nehemiah31
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August 11, 2018, 03:01:01 AM
 #293

Yes somehow but it will not be a risk if they have knowledge about and look forward to its promising future.
yourialfa
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August 11, 2018, 03:44:31 AM
 #294

I think every investment must have a risk. And just like bitcoin, I think bitcoin must also have a risk and I already know that. So I remain consistent that I will invest in bitcoin even though it's risky, that's my choice. Because so far I keep calm with the investments I make and keep buying bitcoin if I have more money. So before you invest, you think carefully.
jack wira
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August 11, 2018, 03:54:58 AM
 #295

For me, the challenge is that the task of smart mindsets must be that the challenges of bitcoin are the same as school people have become the daily we are happy to do
Savemore
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August 11, 2018, 04:18:36 AM
 #296

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?
There are always risks in making investment with cryptocurrencies. All of the cryptocurrencies have the characteristics of being volatile and it is really hard to predict what will happen to the price of the coin.
cryptotrade007
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August 11, 2018, 04:55:40 AM
 #297

Absolutely it is a risk.  There are not the safeguards in place that you can find in normal financial institutions.  Having full control of your money can be a good thing, but it can be a bad thing too.  Depends all on YOU.
Lisadavis87
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August 11, 2018, 05:14:58 AM
 #298

All that we do is always at risk and it is up to you how to handle. Although investing in bitcoin is risky because of its volatility but if you are patient enough you will gain money more than what you expect so, consider the risk as a challenge if you want to become a successful investor.
thresher
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August 11, 2018, 07:27:25 AM
 #299

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.
The risk in crypto is for the time being. The price is not always on the way down. If you can take risk while holding your coins for long time no doubt you will also make handsome profits. Don’t be panic and don’t think too much about the dip and the risk because it is cryptocurrency business and you will have to to face some risks if you want huge profits in the future.
lubah
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August 11, 2018, 12:56:34 PM
 #300

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 you are right that every person runs the risk to get any of the candy but many. But that doesn't say it's a threat to us with you if these candies are called bitcoin or crypto-coins (altcoins) I believe the risk is justified. If you now properly use the opportunity to earn bitcoins, you will get a few years later only a big plus.
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