Does engaging with bitcoins put you at risk?

[Cherylstar86]

for me, anything that is considered a short term investment will always yield high risk. Yes, people will always want easy money (admit it or not) but the point is, people do not want risks and gambling. but this will not get you far. So they try and push themselves to gamble beyond what they can endure. the result: excessive desire to get a hand on every bitcoin that they can, investing all they have only to find themselves suicidal at the end. The pressure is real and these graphs will show how unstable bitcoin can be.

  Considering on short term investment will likely endure to take the risk and these are the people who are eager to earn quick money. Hence, bitcoin recognize its popularity in crypto world and many people acknowledge this asset as it give profits in return of having wide patience. Thus, we have to take the risk and accept its consequence to gain thrive.

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[otong]

When we take bitcoin as our olyn source of income then we are in great danger to be honest since the bitcoin is highly volatile we never know what will happen at the next moment with the crypto currencies but until now the bitcoin made the people more richer pther than the people who came at 2017 so from that we need patience in the bitcoin investment even though it is highly volatile and liquidity.

it is true that investments with crypto currencies are very risky and for investors before starting investment with crypto currencies investors must understand and understand the currency confidence and patience are the best capital needed

[anggracoin]

Every business has risks including investment in bitcoin and other cryptocurrencies. There is no business without capital, whether in the form of physical or non-physical capital. The success that will be achieved depends on the amount of capital issued, the higher the capital, the higher the yield, and this is in line with the level of risk to be borne.

[vixcious]

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?

Investment is really a gambling game. it is always something uncertain and speculations always have probability ratios at different levels. For gambling, when you play a lot, you will lose more. But for investment, you also have to cope with risks but if you are good at managing risks and capital, you will not be afraid of losing.
I learned a lot when I encountered some failures in my first investments.

[shesheboy]

After reading your post i see that you are tackling two kinds of risk  .  one is health and the other one is risk of bieng caught by the authorities because you think that bitcoin are not yet legal on some countries  .

I agree on the first risk which was health because i sometimes experience to work hard just to earn more bitcoins , i do multi tasking doing several online jobs . i sometimes ate on inapropriate hours and sleeping late  but i dont agree on the second risk that you claim ,  bitcoin is already legal on most countries today    .  you can freely use it as long as its legal on your country  .

[zidanw]

Every business has risks including investment in bitcoin and other cryptocurrencies. There is no business without capital, whether in the form of physical or non-physical capital. The success that will be achieved depends on the amount of capital issued, the higher the capital, the higher the yield, and this is in line with the level of risk to be borne.

Capital is important in terms of getting big profits. but isn't science the main point in this matter. whatever your capital when it comes without knowledge, it will run out quickly.

[fauzan Ichsan]

Every business has risks including investment in bitcoin and other cryptocurrencies. There is no business without capital, whether in the form of physical or non-physical capital. The success that will be achieved depends on the amount of capital issued, the higher the capital, the higher the yield, and this is in line with the level of risk to be borne.

Capital is important in terms of getting big profits. but isn't science the main point in this matter. whatever your capital when it comes without knowledge, it will run out quickly.

right, if you want to succeed, you must invest in science first. capital can come from anywhere, provided we want to try. and risks we must manage to achieve success in the future. because risk is always inherent in every action

[Adriano2010]

Is some risk, i think the risk is only if we buy at high and price drop and we need money and sell in a loss then yes is a risk, every investment present a risk. But i think on long term price will increase and we can take a profit.

[Janation]

When we take bitcoin as our olyn source of income then we are in great danger to be honest since the bitcoin is highly volatile we never know what will happen at the next moment with the crypto currencies but until now the bitcoin made the people more richer pther than the people who came at 2017 so from that we need patience in the bitcoin investment even though it is highly volatile and liquidity.

it is true that investments with crypto currencies are very risky and for investors before starting investment with crypto currencies investors must understand and understand the currency confidence and patience are the best capital needed

If you want to earn I guess you can focus on how the market moves and understanding it.

If you want to know about Bitcoin, that is better but if you are focused on how you will be able to maximize your profit, knowing the market is better than being confident and patient. We all know that it is risky but the thing here is that even the volatility of Bitcoin can be an advantage to us investors and it is proven in the past.

[indrakusumaindra]

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?

Well i do think bitcoin is an asset that are mean for investments , so yes i do put some risk to hold bitcoin while its still not legal in my country and there is also no protection in investing in cryptocurrency.

[CASTIEL05]

Bitcoin itself doesn't define risky, it didn't created as a game that anyone can have a 50/50 chance. I think if you're planning to invest here, just make sure that you are willing to lose the money you will invest. That if it lost there will be less regret in our self.

[boyptc]

Bitcoin became an investment suddenly when people sees its value through having no stable price.

And being treated like that, there's a risk and every investment has risk right? the legit ones doesn't even guarantee you profit but with those minimal risks they guarantee but with smallest gain.

Bitcoin being a currency isn't risky, you pay, you send and you receive but treating it as an investment, yes it is risky.

[trickyriky]

Is some risk, i think the risk is only if we buy at high and price drop and we need money and sell in a loss then yes is a risk, every investment present a risk. But i think on long term price will increase and we can take a profit.

There is always a lot of risks when you deal with the cryptocurrencies and Bitcoin. The crypto market volatility is the main reason for it. Suppose, you invest much in BTC and alts, and soon, you will urgently need money. If the market is down, you will lose this time.

[hahahafr]

I don't really get what type of risk you are describing over here but if it's financial risk then in a way yes. Actually it depends on how you invest into it and how long you decide to hold your bitcoin. If you would follow the value of bitcoin on CMC you would notice that it is very volatile hence the price changes from time to time. Investing into bitcoin is risky i must be honest but it's always safe to invest an amount you can afford to lose so that it does not become much of a pain if the price declines sharply.

[fiulpro]

Physically :- NO

Talking about online things :- For sure yes , you are in a constant danger of loosing all your coins , you can do a mistake and actually loose everything , hackers are very familiar with Bitcoins for sure and we usually see news everyday about how someone lost a fortune .

But the good news is everything is in your hands , you can get a hardware wallet , then you can get extra security , stop going on fishy sites and rechecking transactions every second , enabling Google authentication is something that will for sure benefit you.

[nur rochid]

Physically :- NO

Talking about online things :- For sure yes , you are in a constant danger of loosing all your coins , you can do a mistake and actually loose everything , hackers are very familiar with Bitcoins for sure and we usually see news everyday about how someone lost a fortune .

But the good news is everything is in your hands , you can get a hardware wallet , then you can get extra security , stop going on fishy sites and rechecking transactions every second , enabling Google authentication is something that will for sure benefit you.

right, with extra security as you mentioned can prevent hackers from acting that can harm us. on the other hand we are still faced with risks due to high volatility. but if we still survive until now, of course, it has passed the critical phase in 2018

[travwill]

Any interaction with investments is associated with risks, whether it be investments in stocks, real estate or a crypto market, especially in a crypto market. Such investments can be called highly risky at short distances and a little less risky at long distances.

[dat.ho12492]

Any interaction with investments is associated with risks, whether it be investments in stocks, real estate or a crypto market, especially in a crypto market. Such investments can be called highly risky at short distances and a little less risky at long distances.

Risks are indispensable when we participate and invest in bitcoin because this is a high-value technology and prices can change quickly, misleading investment will make us face risks, not only at these risks, mistakes in security are also a big problem when lost assets are never small, very risky. However, behind these risks are always infinite gold mines and profits, many people have been more successful and developed in life with bitcoin, therefore, taking risks from joining is a psychology that people have prepared very early

[00DKM@]

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, bitcoin is formed based on a form that is used effectively in payment. However, the preeminent features are too safe, anonymous all. over time it is transformed in the form of a speculation. depending on the transaction or investment it still generates certain risks similar to many other business forms. The choice of investment or trade requires plans to achieve profitability.
Everything when entering bitcoin or crypto requires precision and proficiency. A small mistake also costs you.

[emmybd]

I believe engaging with bitcoin wouldn't put you at risk, as you can do it relatively anonymously and nobody would know about it. Many people have been doing it without letting others know, so you can too.