Does engaging with bitcoins put you at risk?

[rosepetals]

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 is a risky thing but i dont see it as too much risk involve because many have proven of its existence made each bitcoiner earn more profit than what we have expected.People keep on thinking on its risk but doesn't even see the other side of bitcoins advantage.

[credits_1]

engaging to a certain thing that makes or gives you money, contains risk. one of the characteristics of businessman/investors have is RISK TAKERS. if you engage but you had that thinking of easymoney, you will not success. every successful man came from rags but they are risk takers and they are persuasive, they acchieve waht thay have now. in short engaging with bitcoins will challenge you to be a risk takers.

[h0lybyte]

No doubt trading may put you in risk whether it is stock market or bitcoins trading but it also has bright sides.
If your trades are successful, you may become rich enough. In other words, if you are accepting the winning from trades, you are also accepting loses.
Don't try with huge amounts if you are quite unexperienced, make sure you put only the money you can afford to lose

[denuhaqiqi]

I think, every investment will not be free from risk, including bitcoin and other crypto. when we plunge into the world of investment, we must be prepared for all the risks with it. what we need to do is to manage the risk, so that our investment makes a profit. increase knowledge and do research to be able to measure all the risks.

[Gumpfire]

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?

Engaging with bitcoins really put me at risk because you cannot say if your invesment will give a good reward because as of now bitcoin still doesn't have a good proce like last year that is why i lost a lot of bitcoins back then. Hoping that it will start to increased its again.

[candra raditya]

To get profit, you have to take risks, not only on bitcoin investment, all kinds of investments have risks. But the most interesting thing is that bitcoin investment can provide great benefits.

[Elseye]

No, I don't think so actually, maybe only in China if I'm not wrong about their policy towards crypto and BTC. In my opinion it is a quite safe investment.

[Globalbitcoinl]

bitcoin encourages risk for one simple reason why so many people are involved in the movement - it is a great chance to make money on it

[yfan2010]

I think the risk will always be there, all return to each other, want to minimize the risk or not.

[Genamant]

For someone unemployed like me and doing bitcoin full time and my only source of income
This puts me in a major risk there is an uncertainty specially in the current market with bitcoins price continue escalading
I cant help but worry in a way to when will the market recovers

[princesspoppy]

Every investment is risky as well as bitcoin. It can be considered as an investment where we invest our money, time and effort just to make profit out of it. There is a high chance of making good profits in bitcoin that is why it involves high risk in investing in it.

[tanxpresisit514]

Yeah it does. Bitcoin put our money and time at risk but not our health or somewhat that may be related to our physical health. We all know that all investments needs to face the risk. The risk of winning or the risk of losing. You cannot invest to something when you can't afford to lose. Not just in cryptocurrencies, but all the investments that we make. We don't really know that we're going to win or lose either.

Investment in principle is all at risk, so nothing is 100% safe. Likewise with bitcoin, where money is used for investment or trade there is a possibility of increasing if you are lucky, or become depleted when losing. So, if you are not ready to take the risk, it is better not to join Bitcoin because it is not good for your health, you can have a heart attack if prices continue to fall.

[munareal]

Bitcoin and other cryptocurrency put one at great risk because the cryptocurrency is highly volatile. One is warned not to invest hat he can not afford to lose

[mitchr4]

Any business must have risks, no business will provide benefits easily. Being involved in bitcoin for me certainly has to bear the risk, we know that bitcoin is a decentralized currency whose value can change rapidly. Also there are no regulations regarding the use of this currency so if someone cheats it should be left alone.

[CryptoMoar]

all choices in life have risks especially in investing. all types of investments must have risks so we must be prepared to accept them. if we are not ready to accept the risk, you should not invest. and I think Bitcoin investment has a greater risk than investing in the stock market. but of course with great risk, the profits obtained are also large. and we can minimize the risk of loss by always researching the condition of the crypto market before investing.

[Faxmate]

all choices in life have risks especially in investing. all types of investments must have risks so we must be prepared to accept them. if we are not ready to accept the risk, you should not invest. and I think Bitcoin investment has a greater risk than investing in the stock market. but of course with great risk, the profits obtained are also large. and we can minimize the risk of loss by always researching the condition of the crypto market before investing.

I think bitcoin is risky but it will never harmful for your money rather it will very beneficial for your, so that is why engaging with bitcoin is profitable and knowledgeable but if you invest in this currency so it will very useful for your future because after lower price it will go to terribly high price and your investment will change in huge amount, so don't think about its risk rather think about its more benefits and future profits.

[Incodium Coin]

all markets are risky, while some markets may have a higher chance of success, they remain unpredictable. The volatility of BTC makes it a risky endeavor, it rises and falls like stocks do. Do your research before investing, and take baby steps when getting in.

[StacksCity]

Two points to share:
Respect the law and regulation of your country.
Properly manage your risk and investment portfolio.

[arifteguhr]

Very risky. this is indeed a natural thing. in my opinion to invest in bitcoin is indeed very large and at great risk here indeed you have to be careful if you want to invest

[yusupjatigumilar]

if you talk about risk then there is also definitely an opportunity created from that risk and I think the risk in bitcoin is balanced with the benefits that are generated if you really can take advantage of the best possible opportunities then you will get maximum profit, and dealing with bitcoin is not a risk if you can take advantage of the best opportunities