Bitcoin have more risks than benefits?

keeee

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Quote from: Ar Rahman on June 06, 2018, 11:24:02 AM

all actions will definitely have a risk, so bitcoin, if we intend to buy or invest in bitcoin then the size we must monitor the price first, lest we buy bitcoin at the time the price goes up, everyone if investing would want to get a satisfactory profit, but for now bitcoin can still be expected to take advantage of the risks, we can see in those who have occupied bitcoin from last year, their lives are now more adequate after bitcoin, so I hope that bitcoin can still bring benefits to the owners. Grin

Actually not only bitcoin. Yes it was risky at some point but you can control it like on how many would you going to invest on it. As bitcoin price was increasing it is more risky to buy it because there is a possibility that it may fall. On the other hand, bitcoin still benificial since it really helps us financially.

JoseJoseJose

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I think its because bitcoin was an online currency. People think, but it was a reality, that btc can scam them and it affects the decision if they will invest or not. But bitcoin was benificial than risky. It depends on your way.

iyan33

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but I do not think of such a thing, for me bitcoin brings us to the good instead of bringing us to the risky things that have to say, because in this bitcointlank forum gives us an easy job, even we are lucky to include this bitcoin member, maybe which is at risk in bitcoin terms is in the field of treading or mining because every person who invests in bitcoin not necessarily they can profit at any time, for me bitcoin is not at risk

clarkey2013

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I do not think so! In my opinionl bitcoin has more advantages than deficiencies. Many say that the main drawback of bitcoin is an unstable price, but in my opinion this is his plus, only because of this we can earn!

SlickMoTwoToe

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Quote from: Ar Rahman on June 06, 2018, 11:24:02 AM

all actions will definitely have a risk, so bitcoin, if we intend to buy or invest in bitcoin then the size we must monitor the price first, lest we buy bitcoin at the time the price goes up, everyone if investing would want to get a satisfactory profit, but for now bitcoin can still be expected to take advantage of the risks, we can see in those who have occupied bitcoin from last year, their lives are now more adequate after bitcoin, so I hope that bitcoin can still bring benefits to the owners. Grin

I agree with you, It is true that bitcoin have more risk than investing, investing is what your money will profit but in bitcoin, you invest your time and effort to do bounties, task and everything inside crypto thats why bitcoin have more risk.

Ikpirijor7

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Bitcoin is an unsafe speculation to begin with. That is the reason you generally hear or read the announcement: "don't contribute more than you're willing to lose". Since despite the fact that I'm exceptionally bullish on bitcoin, it can essentially simply crash down to triple or twofold digits with no signs(a bit improbable, yet at the same time extremely conceivable). It's essentially simply up to you in case you're willing to go for broke.

anything9ce

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i totally disagree with people saying bitcoin have more risk than benefits, just because because of the few instability in price value in the market that does not mean it is risk, i consider bitcoin as a life transformer cause it has been so beneficial to me......bitcoin is amazing

Shiversnow

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Quote from: Rana590 on May 23, 2018, 06:48:38 AM

Day by day, you can see many news like it. But bitcoin has great potential. Still it is a profitable coin. I think it will work for a long run. Don't be panic about bitcoin. Hopefully price will be increasing very soon.

Yes, everyday we see the development of bitcoin and read news about it, and I know bitcoin have great potential to survive all challenges. Don't panic be calm cause bitcoin will increasing there value very soon bitcoin wants to give us good profit in our investment.

LETme

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Quote from: Compiler on May 23, 2018, 06:43:29 AM

Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1

What is your opinion?

As of now bitcoin is more riskier that generating a profit but it is normal because of volatility the price of bitcoin is not always going up so be ready when the price still decreasing but we need to control our self not to become a panic seller because bitcoin is good for long term hold, I still believe in bitcoin I know it can repeat the history because as I notice bitcoin price soars high before year end I hope it will happen again.

Glutius

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Of course, ordinary banks will oppose cryptocurrencies and similar digital competitive projects. They are well aware that these technologies are much more advanced.

Baby Dragon

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Quote from: amih on May 23, 2018, 08:42:44 AM

I think every form of investment will have its own risk and certainly not just an investment in bitcoin but I think any other type of investment will be at risk. so I think it is a common thing to do in terms of investing activities and maybe the risks that bitcoin has for the time being the fall in bitcoin prices that causes the risk of loss. but that's a bitcoin that can not be predicted maybe now the price of bitcoin is down but we do not know in the future and I think it could be bitcoin prices again increased significantly.

In every kind of investment you face the risk, especially in bitcoin. The risk of bitcoin is the value when getting down, bitcoin is unpredictable sometimes up and down. Its hard to predict but we know it's a unstable we have a hope that bitcoin increasing there surprisingly.

Alifal

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yes i acknowledge Bitcoin have more risks than benefits, not only bitcoin but also any trading have some risk.so bitcoin have the big risk because prices rate are not fix.perhaps can certainly collapse.Still it is a profitable coin.i hoped that it will only rise and will work for a long time.

nayeel

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not only bitcoin but also any trading have some risk.bitcoin have the big risk because prices rate are not fix.perhaps can certainly collapse.i hoped that it will only rise and will work for a long time.thats all

Iconic Love

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Bitcoin have risk but its depends on you... where and how You trade for bitcoin.
Here is scam sites but not so much.if You dont judge anything and just invest..money then it can be bad for you.before investing worth you have to be alert and follow publi. response about any ico and also read well about that..after that if you feel safe then you can invest.it scams some times but over all its very good..and you can get good benifits.

Kola

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If i had money, i would make my own business, but, there is much things that u can get bankrupt, does not matter what to do, but one thing with bitcoin i like, u can live anywhere you want, thats a great thing

deadpool02

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Everything has its pros and Cons. Bitcoin is very volatile which makes it risky but people who have a thorough knowledge of investing in cryptocurrencies make a good profit. Sometimes you have to take the risk to see some good output. Afterall, you learn from your mistakes.

badungs

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yes, indeed it must have risks. and I'm not saying only bitcoins are at risk, I think all cryptocurrencies are at risk. because cryptocurrency is a fluctuating currency, at an unstable price. but it all depends on the personality of each person. if indeed someone can make money in cryptocurrency, then it is a benefit and can not be said to be unworthy. everyone must have a strategy to minimize risk. so in my opinion do not be too serious to read news like this, because one of the causes of panic is to read such news. stay calm, and always think positive for every job.

Elmughni

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Quote from: Compiler on May 23, 2018, 06:43:29 AM

Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1

What is your opinion?

I think Every investment have risks. If you want get more benefits you will have more risks. It is normal.

dificanovi

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Quote from: Compiler on May 23, 2018, 06:43:29 AM

Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1

What is your opinion?

my opinion, bitcoin does not have much risk if we can control the emotions when prices in pasa decreased. in buying altcoin and buying at a time when ICO should be careful not to get coins that do not have a bright future. I suggest buying at ICO time if there are many investors in it and have a good road map for the future.

Ar Rahman

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all actions will definitely have a risk, so bitcoin, if we intend to buy or invest in bitcoin then the size we must monitor the price first, lest we buy bitcoin at the time the price goes up, everyone if investing would want to get a satisfactory profit, but for now bitcoin can still be expected to take advantage of the risks, we can see in those who have occupied bitcoin from last year, their lives are now more adequate after bitcoin, so I hope that bitcoin can still bring benefits to the owners. Grin

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