Does engaging with bitcoins put you at risk?

[Matty96]

No it does not.
Only if you spend time on gambling on the price to try to get quick money.
Bitcoin itself has no harms. I would say it is a very healthy investment right now. You will never regret spending your time and efforts in bitcoin because it will be developing more in the near and far future.
I dont see any real risk from bitcoin really.

[valentine401]

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?

All certain application that we engage pertaining the source of income specially in bitcoin is actually deal immidiately without hisetation even if it is risky, people know about it but when did we start to deal if bitcoin collapse and totally closure?

Anything that you invest will put you at risk because not every asset will surely increase in the future, that is the reason why investing on cryptocurrency will not guarantee you to become wealthy in the future.

[charlotte04]

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, there are risk in every investment and not just in cryptocurrencies. But we ought to take those risk so we can have the things we need but we need to invest intelligently.

[rickyNmorty]

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.

This is true. Everything in life has risk on it. Therefore we need to take that risk and make it as a great opportunity. With bitcoin it is not really about the risk but how you play the market. Its cycle is up and down and up and down and up again, this scenario is where you need to be smart enough in doing exchange. Be wise to lessen the risk.

[Fatanut]

the only thing that puts you at risk in engaging in bitcoin is in fact yourself. many people have invested in bitcoin not completely understanding the nature of the digital world currency and the nature of such an investment product. some people get in because they here all the get quick rich success stories and quickly buy but have done no market research, have not asked experts or have not looked at performance history - making this investment very risky for them.

This also explains why a lot of people have been a victim of an HYIP and cloud mining in the past. They see other people enjoying their cash outs and profits from investing and so they invest as well. They see people making money from it so they're like "Oh this might be actually be legit." And of course they get talked about it by people who are looking for people to sign up under them. They sugarcoat the whole thing and not say that the money from the people are the ones that they use to pay out the old members (the nature of a ponzi).

If an individual did try to do understand the nature of it, then they will ask the question "What would happen if there is not enough new members to pay the old members?" Sadly it's the same thing with those huge networking scams. The only difference is that they have products to sell which kinda blurs out their ponzi-ness. But what can we actually say, people are lazy and they are willing to take advantage of another person's gullibility just to make money.

In bitcoin, though, there's none of this. The only thing that people don't understand that causes them to lose money is that bitcoin isn't a surefire way to make money in x amount of days. It's something that has to grow in order for us to make money from it. Sure there are some who were able to actually become rich from it but those are the ones lucky enough to buy bitcoin in its early stages. People don't understand that they have to hold longer than they thought and so they get impatient and sell their coins at a price lower than they bought it.

[Cyangaramonde]

I heard many of my friends say, investing in Bitcoin or cryptocurrency is like a gamble. If we are lucky, then surely we will get a lot of money from investing in them. Otherwise, we would seem to lose everything.

[YXIN02]

Of course, basically this is a business and we all know that in business, businessmen are taking a risk whenever it's going to become profitable or not. Taking risk in every business is the most important. Also, by doing taking a risk needs to be prepared on what are the possibilities it's either negative or positive. If do you want to involve your self in bitcoin and you're ready for the possibilities that will happen then go. Just always become prepared and taking a risk is needed. It can make you successful.

[Crafts12]

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?

Everything really needs a risk. In my experience, bitcoin is slightly put me at risk. Since, I am still a student, it put me at risk in terms of managing the time and taking a signature campaign to join. It is really a gamble because you wouldn't know if your effort will leads you to the successful road. However, everything have to take risk and most of it are always worth it.

[paramelton]

Every step you take in this society is taking a risk, including going to work. The only difference between work and trading with bitcoin - at work you earn a percentage of he profit you make, while here you keep all the profit and earn a bit of stress along. Everything is proportional

[KGBx]

It may put at you at various risks, but most of situation depends on yourself, other story is when the government is seriously against crypto so in such case you can be at law risk.

[DiabolicAnt]

Well you certainly can compare it to gambling and other risky things but to me it's more than that. It's investing and putting your finances in some other state of being, and it's interesting.

[malah]

I think in the world of cryptocurrency, all of them have risks and you must be able to fight and exceed the risks that exist to be able to get profits, but you need to remember that the most important thing is that you must have trading skills.

[Glok17]

I actually don't see any risks in working with BTC and crypto as a whole. What can be wrong with it? It is probably safer that cash etc.

[Baksobakar]

all jobs must have risks. so is bitcoin

[tyronecoinbit]

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?

For me, Its a yes and this risk will make a challenge for us to continue strive here In cryptocurreny to earn money, either make Investment In different altcoins or participating in such  ICO bounties campaign. And we don't have nothing about putting away the risk In any kind of Investment, there always be there, so for our side we must keep strong to survive In any kind of situation.

[romantic007]

It surely does even if you're an accomplished investor. But if you learn carefully about all the nuances you can will be aware of the risks and minimize them.

[hachimon]

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 living this life we are always required to choose. and in every choice there is always a risk that we must accept. investing in bitcoin and cryptocurrency is risky but also promises huge profits. but we cannot think by joining bitcoin we will immediately become rich. it's not wrong thinking. everything needs a process. success can only be achieved by hard work and patience.

[Mjadon15]

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?

Even life is a risk, so what is Bitcoin? Of course, dealing with Bitcoin is enough risk, but it's worth the risk. The risk of loosing part or all, the risk of putting up all pyschological system of the body to ensure each step is right, even without clear certainties. The good side is just the intrisic values. There are prospective possibilities of recording excellent profit moves, but it comes with the risks stated above.

[drm]

You can compare it to dealing with cash, which everyone does. 
I guess it depends on what kind of transactions you do and with who.

[Mjadon15]

One risk I've fallen for is the risk of Price Volatility. The value of cryptocurrencies may change significantly even in a single day, which would mean a capital loss of your investment.
Cryptocurrencies lack the historical track record of other currencies or commodities, such as gold, that could guide whether current levels of volatility are typical or atypical.