Bitcoin have more risks than benefits? - page 11.

roshanface123

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Activity: 308

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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?

Yes, of course. Bitcoin has more risk and also higher benefit. Only by taking huge risk, we can earn huge income.

Carterfinley65

newbie

Activity: 89

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It is a currency and sometimes its price increase or discrease. but moreover people make profit by bitcoin. On the other hand, government and other centralised authorities are highlighting risks again and again just to stop us from using decentralized cryptocurrencies because it is something that is taking away the power and control from them.

Zahrowil Qolbi

newbie

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every day maybe you will find news like this. But bitcoin has great potential. But it is a profitable coin. I think it will work for the long term. Do not panic about bitcoin. Hopefully the price will rise soon. Bitcoin is a risky investment. That's why you always hear or read bad statements. It's only up to you if you're willing to take that risk.

Matthew Oliveiraa

newbie

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In my view that in order to use Bitcoin you need wallets, exchanges, payment processors, etc. Not all of these services have perfect security and if your funds are stolen, all you can do is to hope your service provider will be kind enough to give you a refund.

samputin

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Activity: 1036

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Quote from: Star_Bucks on June 03, 2018, 10:12:21 PM

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?

Investing in bitcoin is a risk because theres a doubt that your capital will double or triple the value or lead it into bankcruptcy. You need to be a risk taker in terms of investing to get more tremendous benefits be positive and smart in terms of investing.

Well for me its risky yet profitable. In all business taking risk is always part of it, if you want to gain more you have to risk your money. But you need to know when to hold and sell. The benefits of the bitcoin is instant once the bitcoin roar so high but taking risk their is there, and will always be part of it.

okour999

member

Activity: 393

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Decentralized Gaming Platform - Play & Earn $

it is not risky to buy a bitcoin if you have patience and do not panic just keep the bitcoin and you should also update bitcoin so you will not be able to buy bitcoin if it will increase you to bitcoin updates to earn you get bitcoin if you buy cheap bitcoin

Stavr1992

jr. member

Activity: 210

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Recently, people lost a lot, investing in bitcoin because they quickly wanted to make money on the growth of bitcoins. Thus, confidence in crypto-currencies decreased. But interest did not disappear.

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Linanak

newbie

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I think some countries that no rick's, but most of country that is rick's bcs government not permit bitcoin.I think I am new user so I am not good knowledge at bitcoin.

godrey123

member

Activity: 188

Merit: 10

Quote from: Umuoji on May 23, 2018, 07:47:41 AM

Bitcoin have more benefits than risk

yes I agree with with you because bitcoin ia not only used ti earn money, it is used to to secure and to have a more faster transactiin, bitcoin was develop nit to be a form of investment but to become the currency of the world where every one can use. But in butcoin exchangr, I agree that there are high risk but you can always lower it by studyung ang having an experience on it.

Luigieee

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Activity: 148

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I could say maybe because if you put your money on this you put yourself too in risky situation unless you are very pro to read some graph about what where and when the price will move,and in this case you can earn and gain some profit about investing it.

lynttrs

newbie

Activity: 31

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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?

If you only look at the short term perspective, you will really see risks. But investing in bitcoin is a long term investment. You have to look at the big picture. You can’t conclude right away while only looking at the present. Yes it might be true that it is a really big risk to invest but still it will be beneficial in the long run.

Richard Thompsonn

newbie

Activity: 21

Merit: 0

Some benefits that we can't deny is that like with many online payment systems, Bitcoin users can pay for their coins anywhere they have Internet access. This means that purchasers never have to travel to a bank or a store to buy a product

Star_Bucks

full member

Activity: 263

Merit: 102

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?

Investing in bitcoin is a risk because theres a doubt that your capital will double or triple the value or lead it into bankcruptcy. You need to be a risk taker in terms of investing to get more tremendous benefits be positive and smart in terms of investing.

mitakatu

newbie

Activity: 68

Merit: 0

Its benefit or risk depends on how you invest in it

jerix

newbie

Activity: 168

Merit: 0

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 do not agree with the opinion of the Bank. Because for me Bitcoin is more useful than the risks. Bitcoin is very risky because investing in Bitcoin is just our self that controls it. No one is organizing and anything that happens is just us who bear. But investing in Bitcoin is much more profitable.

goldenmistletoes

newbie

Activity: 70

Merit: 0

Bitcoin just like any other cryptos will always be risky. Right now I can say that its riskier than ever. But you can always minimize the risk by proper and good decision making.

K.Tumpa

newbie

Activity: 700

Merit: 0

Bitcoin price up & down. It's very risky because it's price Up & dow.It's Crypto currency. Most people using bitcoin.
Most countries people earning bitcoin. It's very risky & benefits. Bitcoin investment form earning bitcoin very risky.Many people Risky earning bitcoin.So I there for Bitcoin have more risky & benefits.

tansoft64

sr. member

Activity: 532

Merit: 253

I also agree you guyz that bitcoin is offer more benefits than risks because as we notice from previous investors that they become rich and successful, risk is a part of investment but bitcoin is given us a huge opportunity.

finzyoj

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Merit: 255

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Quote from: jikurpa on June 03, 2018, 06:44:11 PM

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.

your opinion is very good and makes investors more interested in investing with bitcoin so as to make bitcoin growing and progressing very rapidly and profitable

For me its not more risk than the benefits. Because here in bitcoin we have to face a lot of challenges that will test how strong and brave you are.

Yes its risky but come to think of it, if you will invest here and hold for long term, and wait until the bitcoin rise again. surely you will be instant rich if you did it.Taking risk is all part of investment, but here in bitcoin you have to face it if you want to have a lot of money.

adjudicator

full member

Activity: 281

Merit: 100

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 bitcoin is risky in the start of investing but as the time goes by bitcoin will benefits you better, and gives you much larger income. So for me, bitcoin gives you much benefits than gives you risky feeling.

Topic: Bitcoin have more risks than benefits? - page 11. (Read 3636 times)