Bitcoin have more risks than benefits? - page 21.

Ramtapsbtc

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Quote from: IL.Guerreiro on May 31, 2018, 11:13:01 PM

No. The risk is just equal of making profit, the higher the risk is, the higher the chance to get profit. Too much risky than the chance of making profit is only possible of panic sellers and buying cryptos at the pick of its high price.

Agree, the risk is just normal to any investment that you make other than crypto. The best thing here is that if you are lucky and successful you will become rich. If you are holding your coin and you panic and sell when the market crushes you will lose more. Try to be patient next time and closely monitor the updates on the market.

cryptojaani

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Quote from: Pejoh Asu on May 31, 2018, 11:06:14 PM

If you ask whether bitcoin investment is risky? then the answer is 100% yes, because we never know with the future bitcoin, but experienced by many users who have invested a few years earlier that bitcoin investment is very profitable.

I think it depends on how you manage. It may attract people's attention, there maybe a good and bad impressions. Some think that risking their money to bitcoin is somewhat a great opportunity. As bitcoin has a lot of risk. especially on its value. because it is very volatile. the price does not have a standard because it is determined that it has bitcoin. besides bitcoin is a lot of innovation, they are worried bitcoin will grow for crime. but if bitcoin technology is not managed by good people. then it will happen all. so we must support that bitcoin grows on the good stuff.

SingAlong

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Everything about investing and other activities that involves money are risky. But bitcoin was different maybe it is risky but if you handle those risk wisely this risk will turn to a good one benefits rather. I actually enjoying bitcoin because it gives me opportunities and chances to be a successful one the risks that are being mentioned are only challenges on this.

ericmalik

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Although bitcoin is not good today we knew from the beginning that the price would not be stable.bitcoin is suitable for a long investment.if you want to benefit quickly it's better not to invest in bitcoin.

osmo

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all investments must have risks, if the risk is higher then the profits will be higher, so before deciding the investment then must learn first to reduce the risk of loss

letzdodiz

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As I would like to think, a larger number of points of interest or hindrances than bitcoin relies upon where we look. I don't fault if bitcoin is said to be more dangerous in light of the fact that to be sure as of not long ago, there is no protection that certifications if there is something unfortunate on bitcoin. In any case, when seen as far as innovation, bitcoin is exceptionally beneficial, extremely valuable for mechanical advance. I think, why bitcoin is said to be more inadequate in light of the fact that numerous individuals are abusing bitcoin for wrongdoing. So not by any stretch of the imagination wrong bitcoin, yet its clients are not capable.

Compiler

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I saw many messages in which we think that Bitcoin is risky, but I say that better invest now before Bitcoin grows, because it will more expensive.

Maruf6213

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I also agree with you,bitcoin have some more risk than benefits, because bitcoin as now is so bad peoples effort is so lucky of entering scammers.
only one benefit and that is to earn more money by investing or joining a gift and airdrop campaign.

Sir Paijoe

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Can be said that currently bitcoin is a very risky thing, I suggest to be patient if you want to buy because I'm sure that the development of bitcoin will continue to improve even though today more and more negative news.

kuto

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Quote from: IL.Guerreiro on May 31, 2018, 11:13:01 PM

No. The risk is just equal of making profit, the higher the risk is, the higher the chance to get profit. Too much risky than the chance of making profit is only possible of panic sellers and buying cryptos at the pick of its high price.

Investing in Bitcoin is risky. But I don't believe that the risk is more then the benefit you get in the industry. Profit is the main reason why we invest and join crypto and by that risking is the best thing to do in order to gain more in the future.

IL.Guerreiro

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No. The risk is just equal of making profit, the higher the risk is, the higher the chance to get profit. Too much risky than the chance of making profit is only possible of panic sellers and buying cryptos at the pick of its high price.

Pejoh Asu

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If you ask whether bitcoin investment is risky? then the answer is 100% yes, because we never know with the future bitcoin, but experienced by many users who have invested a few years earlier that bitcoin investment is very profitable.

posi

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Quote from: candra raditya on May 31, 2018, 11:40:38 AM

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?

The risks of bitcoin match the benefits gained. And I think the greatest risk is panic within, and when panic is within you then the risk is close to you.

I agree to what you said because the things that affected or changed the thought of newbie concern Bitcoin are panic sell, not doing the necessary research and not asking question about something they need to avoid in other not to be a prey

IndigoRed

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Whether the risks outweigh the benefits or not, it really depends on your standpoint. As a speculator who wants to make a profit, it can be risky given its volatility. But as a potential user, one who wants to make seamless online transactions, bitcoin truly is beneficial in the long run.

PIR

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Yes it is quite risky to invest in bitcoin more than you think it benefits you because sometimes the value is unpredictable and the fear of losing makes you panic and because you don't have control over it that's why you feel it that way.. but in due time when you believe you will also see the outcome.

Lubang Bawah

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All investments certainly have a risk that is directly proportional to the profit, and as we know that the opportunity price of bitcoin is so high that the same is true if the losers, and to avoid big losses of course we must make good risk management.

Haslett5236

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Quote from: ecnalubma on May 31, 2018, 09:09:31 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?

In my opinion its partially true, but it depends on what kind of investor you are. If youre a short term type then probably you’ll get pissed of whats currently happening in the market now but if youre a long term type it will not affect you. All investments are risky but it only depends on how the individuals manage risks.

yup, for example just a few months ago, people can buy bitcoin at $20,000 and now the price is so low as compare to then. however, there is a lot of prediction that bitcoin will rise to above $50,000 and so at the end of the year. So as long you hold, you are able to enjoy the benefit.

ecnalubma

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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?

In my opinion its partially true, but it depends on what kind of investor you are. If youre a short term type then probably you’ll get pissed of whats currently happening in the market now but if youre a long term type it will not affect you. All investments are risky but it only depends on how the individuals manage risks.

Lorna111

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Quote from: Mekmbem on May 23, 2018, 08:10:00 AM

bitcoin does have a big risk but also has a great advantage, only people who are not afraid of the risks that get big profits

The degree of risk in Bitcoin is base on the amount you put in into Bitcoin Project coin of investment, yes, the bigger the amount the bigger the risk you will face depending on the market movement in the trading at any given time.The benefit on Bitcoin coin earning will be depending on the price movement of the market.You can have a huge amount of profits gain when the price value of Bitcoin goes up 100% of your investment and you were able to trade it during the time when this price is high.

bigblackdeck45

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Yes bitcoin is definitely quite risky but come to think of it, when investing there will always be risk involved. Bitcoin is not all sunshine and people earning huge profit all the time, some people also lose all their money and never make any profit at all. The important thing is you have the proper knowledge and you know what you are doing. Some people just blindly jump over board without any knowledge on cryptocurrency.

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