The Risks and Rewards of Cryptocurrencies

[Negotiation]

There are good and bad aspects of everything such as cryptocurrency and Working in crypto such as risk is easy to reap If the cost of investing in crypto fluctuates you can make good money if the price rises and you will be at risk if the price goes down a little. It depends entirely on your investment.

[Captain Corporate]

 I actually took the risks when I jumped both feet in to crypto, now I am a full time crypto writer and I kinda enjoy my work, of course it comes with its challanges because here we are used to writing very casually but when you write for somewhere important you write very carefully and that takes a lot of time, I know it takes me one full day to write a blog article for example but in the end it all worths it because you get to see people reading what you wrote (there is a viewer count but no reader count so I assume some of those viewers must be reading as well) and also economically its a good job as well. However the risks involved me not being employed or have any kind of insurance and if anything bad happens to me there is no plan B for this business, which is why its quite risky as well.

[iamsheikhadil]

Well there's risk in everything isn't it?! Bitcoin and crypto has risks too, but in the long run, these are proven to give solutions to many problems of life and hence we should consider the risk as collateral tension for a better profit in future

[btcmurat]

There was a 2-year decline. The market entered a period of accumulation. Many altcoin charts are deemed to have returned to their starting points. I think a new story might begin. New investors may come to the market. In addition, the internet is becoming more and more common. Trust in banks is decreasing. What will happen in this case. Bitcoin pumppp

[HarmonyA]

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

The risk and reward  are interwoven.

[Magkirap]

There are good and bad aspects of everything such as cryptocurrency and Working in crypto such as risk is easy to reap If the cost of investing in crypto fluctuates you can make good money if the price rises and you will be at risk if the price goes down a little. It depends entirely on your investment.

Well that's cryprocurrency for you, we'll encounter lot more risk situation tham a success one because of the volatility of cryptocurrency so it is very important to analyze which coin will you invest your money, if it's worth taking the risk then don't doubt to take it but if the profit that awaits you is way to low than the risk you'll take then drop it but always prepare for the worse so that you'll always be prepared when risk cross path with you and be able to escape and always remember the golden rule, do not invest what you cannot afford to lose.

[johnwest]

The volatility is mainly because there isnt a larger community and there are people who hold a big chunk of a coin. These people will try to manipulate the market by creating volatility with their large chunk. If the common man starts using the crypto and holds a small piece of it then we may not have this much volatility.

[mamahdedeh]

There was a 2-year decline. The market entered a period of accumulation. Many altcoin charts are deemed to have returned to their starting points. I think a new story might begin. New investors may come to the market. In addition, the internet is becoming more and more common. Trust in banks is decreasing. What will happen in this case. Bitcoin pumppp

especially with the current tensions between the world, I think it's a trigger to use bitcoin, we can see many people buying gold, to secure their assets. and I think bitcoin will be the second option after gold

[Rodeo02]

There was a 2-year decline. The market entered a period of accumulation. Many altcoin charts are deemed to have returned to their starting points. I think a new story might begin. New investors may come to the market. In addition, the internet is becoming more and more common. Trust in banks is decreasing. What will happen in this case. Bitcoin pumppp

especially with the current tensions between the world, I think it's a trigger to use bitcoin, we can see many people buying gold, to secure their assets. and I think bitcoin will be the second option after gold

yes it will be the second option. The only problem is price volatility unlike gold that the movement is not so much movement. If you buy bitcoin and store it in the time you want to use that money will be  difference in price  and that was the main advantage of bitcoin if the price will increase you gain while just storing it .