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Topic: Bitcoin have more risks than benefits? - page 29. (Read 3636 times)

newbie
Activity: 252
Merit: 0
such huge numbers of budgetary specialists have cautioned about the perils related with a bitcoin exchanging and the accessibility of a virtual cash framework when all is said in done. Since it is just a constrained supply, if Bitcoin costs keep on growing, the bitcoin deals position is not anymore. In the meantime, such a large amount of the electronic cash that holds the present agents is expanding, the risky security of individuals is developing.
member
Activity: 448
Merit: 89
Full Stack Engineer
When I met bitcoin first, I though that it is a fast money earning tool! But after specific time, I realized (by losing money) that it is a huge area and long term investment which is dangerous.
sr. member
Activity: 1246
Merit: 285
if you invest all your money there is a huge risk of course but people who learn something about this world invest altcoins mostly, he use bitcoin only he need real money for life.
You are right, if we put the eggs in one basket, then when things go bad then all the eggs could be destroyed. Then do not all in one coin. Also just invest what you afford to lose.
So in investing we must always understand the impact of everything we will do.
full member
Activity: 420
Merit: 100
What is your opinion?


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You have to be smart on a scale and you always want to prepare for the worst if bitcoin ends.
sr. member
Activity: 400
Merit: 250
if you invest all your money there is a huge risk of course but people who learn something about this world invest altcoins mostly, he use bitcoin only he need real money for life.
newbie
Activity: 34
Merit: 0
All investments have risks. Since investing is part of bitcoin there maybe more risks than benefits. But in doing so we are able to learn from the experience in which we are investing in bitcoiin
full member
Activity: 280
Merit: 100
bitcoin risk are felt for banks more or else they feel the cake pie of banks diverted to Bitcoin and they create panic news and try to keep their investors open accounts
member
Activity: 357
Merit: 12
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?



Bitcoin being risky is a normal thing that is why most of the people hesitate to involve in here and told other folks that bitcoin is just a scam or don't invest because it is too risky yet they do not know that bitcoin is actually have a lot of benefits than its risks such as you can control it, be more profitable, and so on. All things that just starting are being told that it has no potential at all but they are all wrong. Bitcoin in fact, has a capability to be successful and grow more and expand. So do not fear it because it has a lot of benefits than its risks.
newbie
Activity: 128
Merit: 0
Bitcoins become more dangerous due to their lack of real economic value. Many investors admit, not really understand the underlying technology for bitcoin is the blockchain, but only hope to make a profit from the galloping price hike of electronic money.
member
Activity: 446
Merit: 13
HODL
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?



Hi there Compiler! When the internet begun in the 90s there are lot of people that are telling that it is not good. It could even have more risk than benefit because hackers could easily break in to your computer that is connected to the internet. Additionally, there are sites that have been setup to promote illegal activities, pornography and buying and selling of illegal stuffs like drugs got their opportunity due to the internet. But imagine, why is it there are more people still use the internet. That is synonymous with the cryptocurrencies, there could be more risk but there could even be more benefits in the long run.
newbie
Activity: 122
Merit: 0
The benefits in bitcoin far more override the risk associated with it. Bitcoin is the most safest investment you can ever make with much profit returns if you only do things right. Those who think bitcoin invest is risky don't know much about it or they simply don't do the right things and they turn to run at a loss.
member
Activity: 224
Merit: 10
That's interesting, but what did you want to hear about bitcoin from the Bank? The reaction of banks to the BTC is their natural defensive reaction, if bitcoin with the same rates will increase its popularity, then in the future banks will have to tight.
newbie
Activity: 34
Merit: 0
The risk is as high as the return. This is very simple to explain; If you want to earn a lot you have to take risks. Investing in gold or beating for profit is a more logical option.
sr. member
Activity: 987
Merit: 254
At first, things were going very well, but unfortunately, the safety problems arose because of the people who wanted to win easily. The number of people who are really hurt is now too much. If you are not careful, you can see the harm too.
member
Activity: 372
Merit: 12
All cryptocurrencies are very risks in investment and trading but it has a huge benefits if you choose a reliable coins like bitcoin, ethereum and bitcoincash. We can say that it is risk because we don't really know what will happen to this coin anytime if it is will increase or decrease and also it's so nervous if you do this way.
newbie
Activity: 4
Merit: 0
Investing in bitcoin seems pretty safe to me, but I'm unwittingly ready to lose all my investments. and all the risky things must also be useful, depending on the positive and the negative ,,,,
member
Activity: 182
Merit: 11
Try as hard as you can!
what is no risk in this world to invest? everything has it own values to succeed. bitcoin sure has it own risk to loose and also a big earn. that why it has been call high risk investment. low on knowledge about crypto world is very dangerous as to many already invest and lose all. so learn first.
newbie
Activity: 79
Merit: 0
Right now, its true that bitcoin is a risky thing for everyone especially to those who wants to get earnings in short time. But if you know techniques to lessen the risk, it would be better to for every necessary development.
newbie
Activity: 85
Merit: 0
There is always risks to all cryptocurrency as we all know. But personally I believe bitcoin is still a good investment. I think to get a big profit or to achieve a great success, we need to risk.
newbie
Activity: 7
Merit: 0
all the high-risk items also have a very high benefit, depending on the individual who sees what side of the side, the negative side or the positive side, if viewed from the positive side of the individual will quickly develop, as well as the bitcoin is very much a risk and its benefits.
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