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sanida (OP)
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April 22, 2019, 03:15:53 AM
Last edit: April 25, 2019, 03:17:55 AM by sanida
 #1

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April 22, 2019, 02:14:16 PM
 #2

Bitcoin is a high risk investment, for all those reasons mentioned. Some of those are not real like the number 5, which is highly unlikely to happen nowadays.

As time passes, bitcoin is being more adopted and its associated risks are reducing

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DdmrDdmr
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April 22, 2019, 02:53:34 PM
 #3

Although you have added the source to the content of your post, you have added nothing of your own to the it, such as a versed opinion or a summary of the content. Simply copying and pasting the content, and adding a reference to an article that is nearly a year old does not show much, although content wise, we could say that a year has gone by and the big picture has not shifted much in that time.
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April 22, 2019, 04:13:12 PM
 #4

Theft or in this case cyber theft isn't only limited to bitcoin or cryptocurrencies. We have had traditional financial institution also lose money to cyber criminals so i wouldn't say it's a risk involved only with bitcoin "investing"
This is a common problem in most avenues currently and it came with the advent of the Internet.

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zhekinsp
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April 22, 2019, 05:04:02 PM
 #5

Investment is always risky, It's on bitcoin or on gold or something else.If you can't accept the risk you can't gain profits.And thanks to the OP the information you collected, pretty well how to avoid these risks.Not only for newbie but also for the investor, It's a readable thread.Despite of risks, I believe in bitcoin still now because bitcoin doesn’t disappoint me. 
IMO,Gold is not an risky investment and it is not to be considered as an investment most of the time because the value of gold is not increasing too much every year which is more like storage of value to avoid from inflation.

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April 23, 2019, 09:36:39 PM
 #6

Investment is always risky, It's on bitcoin or on gold or something else.If you can't accept the risk you can't gain profits.And thanks to the OP the information you collected, pretty well how to avoid these risks.Not only for newbie but also for the investor, It's a readable thread.Despite of risks, I believe in bitcoin still now because bitcoin doesn’t disappoint me. 
IMO,Gold is not an risky investment and it is not to be considered as an investment most of the time because the value of gold is not increasing too much every year which is more like storage of value to avoid from inflation.

Gold only has value because people say it does, though, otherwise it's just another mineral in the ground. It's no different than copper or anything else aside from people wanting it. The same is true with fiat money, cryptos, etc. So it can definitely be a risky investment.

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