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Author Topic: Does engaging with bitcoins put you at risk?  (Read 6819 times)
normanz
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June 07, 2019, 06:43:06 PM
 #621

Yes, getting involved with bitcoin is always risky but to make a profit risk has become natural in crypto. I realize the risk of losing and I have to take the risk to make a profit.

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June 07, 2019, 07:07:58 PM
 #622

Yes is a risk because every investment have risks, but i think if doing for long term then we can reduce risk because if price will grow a lot over time we can get a profit.
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June 07, 2019, 08:14:37 PM
 #623

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.

Everything in this world involving money was really putting us at risk, not just by bitcoin engagement. We're also facing the risk even in physical job, basic task and other activities that involves your presence. That's how life works on our entire lives, so with bitcoin I don't think it always put us at risk because once you knew everything on how to handle it; profit can be ten folds. The potential of having great price of your holdings, is always there to benefit you. All you need is to have wider imagination and big dreams in life as well as courage to face the daily challenge while being part of the risk on bitcoin's journey.
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June 07, 2019, 08:16:59 PM
 #624

I will ask you a question, does crossing a street put you at risk? Yes it does, if you crossing highway its much more risky than using a underground passage. With bitcoins is the same, if you take some measures to protect yourself, you will lower the risks. Apply that on every possible life aspect and you will be fine for life my friend.



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June 07, 2019, 08:19:40 PM
 #625

Bitcoin is associated with risk in all way, knowing the same we've been a part of the user network. Most of the time the risk of cryptocurrencies is upon the way we make use of it. Expecting big return in short term without any form of input leads users get under the traps of hyips. Same as this each and every form of greed with cryptocurrency without knowing the true value leads the user into risk.

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June 07, 2019, 11:43:30 PM
 #626

It is already known to the majoriry of the bitcoin community that the top coin is risky because of its high volatility so you need to learn how to minimize that risk first before using the bitcoin. Educating yourself on how the bitcoin and other cryptocurrency works will help you in managing the risks that associated with them. Newbie investors and traders are the most vulnerable to risk so they have to learn the proper ways of handling any cryptocurrency.
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June 08, 2019, 03:12:29 AM
 #627

It is already known to the majoriry of the bitcoin community that the top coin is risky because of its high volatility so you need to learn how to minimize that risk first before using the bitcoin. Educating yourself on how the bitcoin and other cryptocurrency works will help you in managing the risks that associated with them. Newbie investors and traders are the most vulnerable to risk so they have to learn the proper ways of handling any cryptocurrency.
right, the most vulnerable beginners in cryptocurrency become food for whales. with their lack of knowledge, it is easily utilized by controlling the psychology of the beginner trader.


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June 08, 2019, 04:37:31 PM
 #628

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.

Exactly, every investments has its own risk it’s not like since you invest in bitcoin that you only find risk, success doesn’t always come in a silver platter you may need to walk through bumps to get to where they really want. I don’t see any problems in taking risk as long as the investment that your trying to take risk on is worth it. Bitcoin investment for me is risky in terms of its price not being stable but I don’t mind because investing in bitcoin for me is worth it.
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June 08, 2019, 04:57:31 PM
 #629

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.
Yes it is reality engaging with bitcoin is nor risk but it is safety, if we will engage with bitcoin it will keep our money safe along with increasing ability, we are living in fast era so we will have to be fast in earning as well so only bitcoin investment is the way to become a fast earner and safe earner, bitcoin gives us certainty and promise of earning with our investment.
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June 08, 2019, 06:26:18 PM
 #630

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.

If the bitcoin is illegal in your country then it should be avoided and must not use it. It can create legal complications for you if you are caught using bitcoins.  On the other hand, where the bitcoin is legal, there is no harm in engaging in bitcoins as bitcoin is the future. If we manage to gather as many bitcoin as we can, it will really make us millionaire after some years.









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June 08, 2019, 09:40:54 PM
 #631

In my opinion I think joining bitcoin will be at good risk of losing assets or risk being criticized by people who disagree with the existence of bitcoin and most of all, in my opinion, we are at risk of losing our assets because bitcoin does not guarantee the security of assets  have it

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June 08, 2019, 09:44:19 PM
 #632

on my end, i dont see myself at risk dealing with bitcoin. if you know what you are doing before you plunge to the unknown, then i believe the risk is out of the question or would be very minimal. i only risk what can i afford. so when things go awry, it doesnt hurt much.

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June 08, 2019, 10:26:15 PM
 #633

Bitcoin is associated with risk in all way, knowing the same we've been a part of the user network. Most of the time the risk of cryptocurrencies is upon the way we make use of it. Expecting big return in short term without any form of input leads users get under the traps of hyips. Same as this each and every form of greed with cryptocurrency without knowing the true value leads the user into risk.
before starting to invest risk also must be known and in my opinion investing with crypto currency has a large risk and in my opinion the greater the risk obtained the greater the benefits
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June 08, 2019, 10:38:37 PM
 #634

Engaging in any kind of investment is a risk not only in bitcoin, it's up to people to take that risk. But we know that taking risk sometimes is have good outcome it depends to your strategy and how you manage it

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June 09, 2019, 05:16:22 AM
 #635

I think everything we do in life possess a certain risk especially in putting our money into bitcoin and other cryptocurrency. Well it's up for us to decide whether it's good to buy bitcoin or not not for me buying bitcoin now and holding for long-term would be a wise decision because the next bull run will happen and this will help me and my family achieve financial freedom.

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June 09, 2019, 05:55:21 AM
 #636

Bitcoin is not created by any government or organization so it cannot be an official thing,its like open source for everyone and its has been used as currency on many places.If you talk about the unstable value then you are at risk but when you are holding it,you never going to see failure in the value.So you are at better place when you invest this money into other form of investment.
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June 09, 2019, 08:13:57 AM
 #637

Taking a risk is our own choice. My money is involved here when I invest bitcoin and other crypto coins and I was aware that risk is always there. But being a risk taker and have a courage will take you to the next step-the success. We will not step forward if we will not take a risk to invest and to make our money grow.
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June 09, 2019, 10:23:58 AM
 #638

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?

They say that not all things money can buy but we need money for us to live a comfortable life. Those people who put their lives at risks because of money are those people who are greedy enough to do it. Actually, it doesnt matter if its a fiat or crypto. As long as the person is greedy, he will never be contented.

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Cherylstar86
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June 09, 2019, 11:29:10 AM
 #639

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?

They say that not all things money can buy but we need money for us to live a comfortable life. Those people who put their lives at risks because of money are those people who are greedy enough to do it. Actually, it doesnt matter if its a fiat or crypto. As long as the person is greedy, he will never be contented.

  We all know that bitcoin has been acknowledge with liable platform but we have to used money for an urgent matter, because there were times that we need to endure our instant daily necessities. But I believe that those who take risk on crypto coins has their own perspection.
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June 09, 2019, 11:55:11 AM
 #640

Well for me, not really. Putting someone into risk is also someone's chose. It is also someone's decision whether he or she will put himself/herself into risky situation. All fall on how people will handle thing with the presence of Bitcoins.

Bitcoins: solid enough to build pyramids.
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