The Risks and Rewards of Cryptocurrencies

[jjbanks994]

BBC recently did a interview around the volatility of cryptocurrencies. I think we are still so early in this industry but I would love to know your thoughts about where we are going and how you think the landscape will change.

People in the podcast include:

Marc Warne, Founder, Bittylicious
Jemima Kelly, reporter, FT Alphaville
Dave Jevans, CEO, CipherTrace


https://www.bbc.co.uk/sounds/play/m000676m

[1714019541]

1714019541

[Slow death]

Do you want people to put on headsets and listen to this podcast for 28:33 minutes? why would people do that? I think you should listen to the podcast and then summarize what they said and post in this thread the summary you made

I would love to know your thoughts about where we are going and how you think the landscape will change.

if enter a lot of money in the crypto market, I believe that the volatility will not be very high as it is today, at least we will not see high increases and followed by very large falls

[aioc]

Do you want people to put on headsets and listen to this podcast for 28:33 minutes? why would people do that? I think you should listen to the podcast and then summarize what they said and post in this thread the summary you made

I would love to know your thoughts about where we are going and how you think the landscape will change.

if enter a lot of money in the crypto market, I believe that the volatility will not be very high as it is today, at least we will not see high increases and followed by very large falls

I also hate listening to a very long Podcast, sometimes some opinions are out of topic, I prefer reading an article, but if it is a very people in the crypto like Satoshi I'll go for it, better just summarize it, going back to your question, until we don't have a regulation we will still going to have an ups and down, but I prefer unregulated because everyone will do his own assignment.

[Rufsilf]

Do you want people to put on headsets and listen to this podcast for 28:33 minutes? why would people do that? I think you should listen to the podcast and then summarize what they said and post in this thread the summary you made

I would love to know your thoughts about where we are going and how you think the landscape will change.

if enter a lot of money in the crypto market, I believe that the volatility will not be very high as it is today, at least we will not see high increases and followed by very large falls

I also hate listening to a very long Podcast, sometimes some opinions are out of topic, I prefer reading an article, but if it is a very people in the crypto like Satoshi I'll go for it, better just summarize it, going back to your question, until we don't have a regulation we will still going to have an ups and down, but I prefer unregulated because everyone will do his own assignment.

Right, some may add adlibs which are not relevant and is missing the point of the topic. 28:33 minutes is too long for me, I think i’ll get bored listening to it, might as well OP have summarize it for us to understand the gist instead of us listening it, it’s time consuming, just saying.

[davis196]

Do you want people to put on headsets and listen to this podcast for 28:33 minutes? why would people do that? I think you should listen to the podcast and then summarize what they said and post in this thread the summary you made

I would love to know your thoughts about where we are going and how you think the landscape will change.

if enter a lot of money in the crypto market, I believe that the volatility will not be very high as it is today, at least we will not see high increases and followed by very large falls

Perhaps it would be better if the OP explains to us the main points of the conversation between those people.
I also hate listening to long podcasts and I assume that this podcast is going to be extremely boring as well.
The topic about risks/rewards is discussed so many times here and I don't think that these crypto "experts" will bring something new to that subject.

[fiulpro]

Hey
I don't think listening to this is very least possible.

Now let's about the market *
We saw some highest gains of 2019 and it stayed on that for like 1-2 hour and then it fell loosing it's value , it went down by 1500$ , but then those who were intellectual enough to wait actually knew that it is going to be high again soon , soon enough after some days it reached 12k and right now it is going to go down a lil when it's up , because people sell , but if you wait it is for sure going to hit 20k$ is what I believe.

[Vaskiy]

Volatility of the market is talked much as the risk factor of bitcoin, if it was less volatile maybe the risk is low but it won't be that interesting and an effective investment asset.

With cryptocurrency being into risk is upon users self interest, because there is access for risk free earning as well risked earning. Potential investors who doesn't want to take risk just invest and leave it for years to get the good return. With trading the risk is big as the market changes were not that easy predictive.

[Baofeng]

It's been 10 years already, from the price of .1$-$20k so I guess you can draw your own conclusion there specially on the risk and rewards. The question is are there investors who are in the market for the long haul or just wanted to short specially crypto? And then they will bitch later saying that they have lost money. But if you are going to look closely, then don't understand the value of risk and how to mitigate it.

[BrewMaster]

being volatile is not the problem and it can not be considered a "risk" in my opinion. take a look at bitcoin ,it has been volatile for all its life but it still is a very good currency and/or investment. the reason is because volatility is the product of having a small market on exchanges.

the problem is when volatility is not because of smallness of the market but it is because of manipulation. for example no matter how much money goes into altcoins they will remain highly risky because their volatility is product of pure manipulation which people call pump and dump.

[Mahanton]

Volatility of the market is talked much as the risk factor of bitcoin, if it was less volatile maybe the risk is low but it won't be that interesting and an effective investment asset.

With cryptocurrency being into risk is upon users self interest, because there is access for risk free earning as well risked earning. Potential investors who doesn't want to take risk just invest and leave it for years to get the good return. With trading the risk is big as the market changes were not that easy predictive.

Volatility is one of the main reason why Bitcoin is being supported after all these years and about risk and rewards then it would
definitely just depend on how a certain individual would utilize its movement and level of decisions would vary on how you do forsee it.

[FanEagle]

Volatility will not go away, its not something that is destined to go away neither, it is literally there because people have no regulations while doing trading and that allows us to make 10%-20% movements anytime you want, if a stock drops 50% all of a sudden in a day than a lot of people will ask what happened and why it happened and there would be consequences but if bitcoin drops 50% tomorrow nothing will happen at all.

I think above is the obvious reason, why volatility can't go away, it has no other factor to go away, the reason why it's here is because of deregulations and decentralization and as long as they exist (which I really hope they do) than nothing can change it at all, governments and ministries have no power over bitcoin hence it will not be questioned by authorities since it has no central organization.

[Jating]

What do you expect from a speculative asset? Of course there will be volatility and we can't simply escape that. Right now is just an example, reaching as high as $13800 on some exchanges and now down to $9800. You do the math as how much it drop? Just two days ago it was around $13200, and now below 5 digits again, so talking about volatility. 

[Kemarit]

Risk, volatility is part of the ecosystem. We have witnessed the ups and downs of the market, so we can conclude  that the risk and rewards are very much correlated to one another. It's the question on how are you going to react, specially if you have gain so much experience in the market and have seen the worst of it.

That's what separate the 'smart investor' to those who are newbie and who FOMO. Smart investors knows to calculate and mitigate the risk, however, newbies do panic and complain that they can't make money of out the prevailing market. So it boils down as to how investors matured and take the risk positively.

[bitgolden]

BBC recently did a interview around the volatility of cryptocurrencies. I think we are still so early in this industry but I would love to know your thoughts about where we are going and how you think the landscape will change.

People in the podcast include:

Marc Warne, Founder, Bittylicious
Jemima Kelly, reporter, FT Alphaville
Dave Jevans, CEO, CipherTrace


https://www.bbc.co.uk/sounds/play/m000676m

I do not need to listen to any podcast to be able to know the risk and rewards of cryptocurrency, the major risk I see in cryptocurrency is that it is opened to being used by fraudsters to move large amount of stolen money without it being traced, and can also be used to launder money, some says it can be used by terrorist too to fund terrorism, but amidst all these, the economic benefit of cryptocurrency still outweighs its risk despite its volatility.

Through cryptocurrency, jobs has been created for lots of people, businesses are expanding, and through cryptocurrency, people are able to establish companies that they would never had imagined could be opened without them getting involved in ICO. Cryptocurrency has sent lots of youths back to school and giving the less privileged financially to make some money that has upgraded their financial status.

[mobnepal]

BBC recently did a interview around the volatility of cryptocurrencies. I think we are still so early in this industry but I would love to know your thoughts about where we are going and how you think the landscape will change.

1. Volatility in cryptocurrencies is due to very low total marketcap crypto have compared to other traditional trad-able assets like stocks, bonds and gold.
2. Marketcap is slowly growing and when it will be huge enough to easily absorb billions or even trillions of dollar worth of trade in a day than volatility will be very low compared to what we have now.
3. Industry gonna mature and there might be thousands or even millions of new security and utility coin/token flooding in the market every year without affecting the core cryptocurrencies like BTC, ETH, LTC ....

[alroys]

In Cryptocurrency, we will indeed get a very high risk because of the volatility of the Crypto value that has never been stable.  If we invest in Cryptocurrency, we really need to be ready with all that.  however, behind this high risk, Cryptocurrency also provides us with tremendous opportunities to make a profit.  because of Cryptocurrency price fluctuations that can rise quickly and very high.

[el kaka22]

I think volume plays a big role but at the same time we have seen that volume could be bad as well, it all depends where that volume is going into. If you have just few whales playing in bitcoin like they want then you can have those people leave and make the market very vulnerable as well.

If the total volume is 30 billion dollars lets say and 15 billion dollars of it is just 10 banks then when they leave the volume will be down half and whatever people decide to move towards will happen very quickly. We need to not just get more volume but also get more userbase in that volume as well, if we are going to have 30 billion dollar volume then there should be no one with more than 500 million power and even less if possible so nobody has the chance to make the market go wild anymore.

[Maslate]

In Cryptocurrency, we will indeed get a very high risk because of the volatility of the Crypto value that has never been stable.  If we invest in Cryptocurrency, we really need to be ready with all that.  however, behind this high risk, Cryptocurrency also provides us with tremendous opportunities to make a profit.  because of Cryptocurrency price fluctuations that can rise quickly and very high.

when you want to do something risk will always be there, you just need to be able to face the risks that exist to be a successful person, without any risk you will not have experience and will not be able to learn from mistakes you have experienced.

That's a challenge though. Will risk is a part of our life in crypto and ain't no way to escape from that otherwise, to face it.
If we really care about risk, then risk also turns it back to you. Better to look it in a positive way rather than of thinking it negative cause that could be a hindrance to our success.

[Wallflower28]

We don`t get rewards if we don`t risks. After all, we are the one that will experience the result. No matter we lose, we always want to get up and fight. Cryptocurrency is a life changer. Many people are looking for this investment as a way to become rich. But they also see this as a great SCAM. Whatever we are perceiving in crypto industry, it will still remain cryptocurrency. We just part of their development which in vice versa, we are the stakeholders of crypto.

[bettercrypto]

Risking our capital is not good at all time. Yet, we have seen many evidences of pay-outs and the money they received from investing, crypto is also a risky investment. There is no such thing as real rewards here. In fact, even rewards at the bounty campaigns are ruined by scam projects. If we just get rewards, probably the little one that suits to our bill fees.