Does engaging with bitcoins put you at risk?

[airdropwwani]

If we define that money investing risk is lost, investment is certainly risky. However, if you define risk as life or time, it is the same as life itself is risk trading. If you control within the scope of your own risk, it will not be a problem.

[Diablesfunis]

It's certainly not gambling risk but more an investment risk, you can lose your money in investment especially the one with high risk like bitcoin and people are greedy as they often put a lot more money than what they can afford to lose in order to get rich quick and that will put them in a lot of trouble. If you do it normally and invest what you can afford to lose then you'll be fine.

[abruchifid]

Bitcoin does not put you at significant threatening risks if you invest with caution, all investments carry some level of risks, even bank deposits

[btcrut2017]

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 is always a risk in investments but we make ourselves involved in it. Why? Because we want our financial freedom to support the needs of our family. We want to help our relatives who are in need. We want secure our future and our retirements. We don't want our children to stay poor. This is why i take the risk.

[nightxglow]

I think it depends. Maybe it will put you in a risky situation if bitcoin is the only source of income you have, and you put like all of your money here, and only expect things from here. And we know, bitcoin is still very risky, although it's profitable, we never know when it might end and make us lose all of our money.
But i think, you need to take a risk to achieve or gain something. Investing in bitcoin is risky, but if that's the choice we make, then we must already know how to deal with it, and also be responsible for our decision. But for me, bitcoin doesn't put me in a risky situation, even in fact, it helps me so much, and i'm grateful for that.

[Kingsingle]

Being involved with BTC is quite risky, I know that this market is quite high risk but where high risk place brings big profits for us.

[Vritesh]

There is always some sort of risk in any bussiness or investment so same like that engaging in bitcoin can put us at risk. Whenever there is downfall in the prize person investing in it becomes more prone to loss and therefore is at quite a big risk. But there is solution to this also that one should not sell bitcoin in panic. Risk can be less if correct investment is made in the right time.

[indog]

Yeah, bitcoin is full of risk. Other risks related to Bitcoin are the value of this currency itself which is known to be very volatile. But bitcoin offers an advantage for businesses that market products online because there are almost no transaction fees for buyers and sellers. Likewise for the purposes of money transfers that are made easy and cheap compared to conventional currencies

[ir.yance]

I think people who deal with bitcoin will not be at risk because they can hold it back if the price on the market decreases and they can sell it when the price of bitcoin rises. don't be afraid if we hold bitcoin because we will get huge profits when the price of bitcoin rises again.

[Bosx1ne]

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?

Taking risks is normal, There is a high chance that people who engaging in risks are becoming successful. We can easily handle risks if we have knowledge, we should not afraid to take risks.

[supine]

As long as investment and money is involved, there is always a risk. Cryptocurrency is highly volatile, the price can increase or drop multiple times any time. You can either lose or gain a lot of money from it. That is why cryptocurrency investment should be well decided, or else you can loss a lot of money due to lack of knowledge and wrong investment decision.

[Kahoy01]

Bitcoin does have risks to it but not all things related to it includes risk. Merchants that uses payment processors like Bitpay is one example that doesn't suffer any risks in accepting Bitcoin. Dealing with Bitcoin as a currency or investment does put you in a risky situation because the price moves every minute you don't know if it'll increase/decrease its value the next day. Those who are new mostly say that it's bad for Bitcoin but for others it can be a good thing.

It is true! Bitcoin have risks but these risks depends on what you will use bitcoin, if it is for speculation or for utility. There are many risks that you will face if you are going use bitcoin for speculation.

[Larva14]

Of course when engaging with bitcoin put you at risk because bitcoin is business and if you want to earn from bitcoin then there is always risk. Not only bitcoin but anything that you do to earn profit there is always risk. The higher the risk the greater profit you will earn.

Yes any kind of business have risk not only in bitcoin. Joining in bitcoin is good choice cause it gives high profitable income but if you want to earn more profit you need to wait a perfect time for bitcoin cause we know that value of bitcoin is unstable it's up and down the value. So that you need to wait cause the price value of bitcoin is decrease, you need to patiently calm to wait until the price value of bitcoin is going up, and I know waiting is worth it cause it give you big profit in your investment.

[bachus]

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've heard about the pressures to the Iranian guys, and that US government are taking off their bitcoin addresses with money, but in my area it is completely ok and nobody don't give a damn about cryptocurrency that you own.

[heroson]

See, i think, Life itself is full of risks or we can even say life itself is a risk. So obviously bicoin has its risk of own kind (like chances of getting hacked , crash, etc). And about risky gambling, if you see bitcoin as a gambling, its not. Bitcoin is something, you can earn even without investment or putting money on it (hard work and knowledge is all what counts). But while gambling you must have money or property.

[Kokakolla]

Actually, there is always a risk whenever you tried to invest. We need to take big risk to make bigger income. If you are afraid to take risks then this will not help you.

[tylerderden]

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?

No there isn't anything risk for me in using bitcoins because India isn't like China where they have the great firewall to block all the social media and have great amount of censorship. So using bitcoin in my country don't put me at a risk at all so I can earn money using bitcoin without worrying for anything.

[DAVETUN]

Bitcoin is a digital currency and a form of investment, Risk is a norm in every form of investment, No matter the present dump price of BTC it is sure to pump soon, as it is a form of currency with value and capacity to double in value and worth, within a short period of time.

[LeavingEden]

All people are all at risk. Risk is a part of life a part of business. There's always a risk in everything and if you're afraid to take a risk then bitcoin is not for you. This is only for the risk takers. If you scared on taking a risk you cannot survive here. You need to take a risk, you have to be ready to take a risk if you want to be involve here in the world of cryptocurrency.

[icecream sandwich]

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 because it is like a gamble why did I say so? Because you are putting your money into somethingbthat tou cannot even predict the behavior of it so nothing wins consecutively in this thing because the value of the bitcoins is everlasting changing it depends on the people so you cannot tell that you are gonna gain this day or not just like a gamble but the great thing is you can gain a lot of money in here and you can always lose a lot too like a gamble