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Topic: Bitcoin have more risks than benefits? - page 30. (Read 3611 times)

newbie
Activity: 112
Merit: 0
Yes, there are always risks with electronic money and in particular bitcoin is still a risky investment. 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: 112
Merit: 0
All that investment there is certainly risk of his depending we can be good at playing her.included in the business of bitcoin,there have been many a successful person in his,and there are many who loss.
member
Activity: 392
Merit: 11
Right now its not being used by the majority general public as a way of exchanging value ( I mean as a currency, not many know about it). It is more of a store of value. Because of lack of exposure to the majority population, I believe we do not see many negative issues with bitcoin (as well as other cryptocurrencies) however if there is more mass adoption, then there will be people who will try to scam, take advantage and then their could be newer risks that we will see. To my understanding bitcoins are very secure but I don't know what will happen in the future. If there's going to be centralized exchanges where we need to do KYC and AML screening in order to convert our cryptos to fiat, that's the point where lot of these issues pop up.
full member
Activity: 347
Merit: 100
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?





No bitcoin is more benefits than risk because we all know that bitcoin can help us to be successful and rich. The risk only in bitcoin is that when you are investing because bitcoin price is unpredictable and there's a chance that the money you invest will not get a big profit.
full member
Activity: 406
Merit: 117
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?

No pain no gain. I mean No risk, No income this the motto suitable to us. Everyone knows it that bitcoin is risky but worth it regarding on the investment and other. Do you think this is a legitimate says of the bank of Spain? Legitimate or not. Let’s ignore this statement because if we trust it and focus on it. It will cause bloody market. Banks really hate crypto because they can be out of place. If the crypto continues to grow the population in investing. Remember this only marketing strategy of the banks.
newbie
Activity: 112
Merit: 0
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 invesment has risk..If you want more benefit , you have more risk.
jr. member
Activity: 504
Merit: 5
I don't agree with that, to me bitcoin has more benefits than the risk involved. Except for the greedy once who will like to invest with loan simply because they what to have it all in a day. With bitcoin we benefits from trading,  investment and even bounties. In every success there must be a story Bitcoin has great potential which makes it worth taking risks on but it should be wisely taken.
newbie
Activity: 152
Merit: 0
If you know how to get a profit maybe it will further down the risk that you will get. Gain knowledge of bitcoin will keep you away from risk.
newbie
Activity: 69
Merit: 0
Bitcoin have more risks than benefits? yes but you must first look at the benefits because everything in life involves risk therefore we must take risk for the benefit to come
newbie
Activity: 112
Merit: 0
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.you see everything is a matter of perspective. if you are investing all your life savings and taking a loan to invest in bitcoin and a lot of other weird shit then of course the risks are a lot more than the benefits.
but if you are investing some money that you don't want or better yet some money that you were wasting, like if you were smoking, you can invest the money you were wasting on smokes every day to put in bitcoin. that is surely a lot more benefits than the risks.
newbie
Activity: 191
Merit: 0
All investment are risky in the case of BTC we considered the volatility is the main factor of risk.but the ups and down of BTC is a good sign of market, that is the cycle of market buy dip and sell high, I think risk and benefit are come together it depends on the investor on how they act in the market.
It is because of the high risk that it is popular and popular with many people today, where high risk will make us high profits. So many people have taken risks and ventured into investing in BTC, they believe BTC will increase and decrease, they will monitor the price and decide to sell them at a profitable price.
newbie
Activity: 119
Merit: 0
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 provides many advantages over loss. I say bitcoin provides many advantages because I've bought everything from my work in bitcoin. from bitcoin we can earn money by way of trading, investing and working on bounty campaign in this forum.
sr. member
Activity: 1792
Merit: 255
All types of investments including bitcoin of course have risk, the higher the fluctuation of the investment the higher the chance for loss or profit, but it all depends on you as an investor, bitcoin for me is a worthy investment.
full member
Activity: 461
Merit: 101
For me bitcoin have more risks than benefits because in the way of your money you invest in you maybe lose or get benefits in it if bitcoin price gets up but if bitcoin goes down you will lose all that benefits and lose what you have invest in bitcoin risks.
Actually it was depend on how you play the game if you can handle it manageably you can still get more benifits than risks. Though risks is inevitable in doing trading even if you are trying your best to prevent it, it just seems that it is what trading looks like. You should only be wise and strategic in doing trading
member
Activity: 375
Merit: 18
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I love bitcoin and I trust it even there is a couple if bad news such a country ban crypto currency. I still here earning through investment,trade and bounty. Beyond these news bitcoin will come back and start to rise the price to the highest point. Look how popular crypto currency to the world. It uses in diferent way then biggest company starting to use btc in business. Like the waybif payment for their physical product
newbie
Activity: 183
Merit: 0
Of course, when investing in a certain area, we will face a lot of risks, but in order not to risk, we should have knowledge of bitcoin, know the bitcoin market to make a reasonable decision when investing. .
Aside from need to analyze the market, track the price of bitcoin to avoid risks.

newbie
Activity: 111
Merit: 0
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 If you want more benefit you will have more risks. It is normal. Bitcoin is valuable and more profitable than other.
newbie
Activity: 56
Merit: 0
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?



No, I think Bitcoin has more benefits than risks. It is my opinion. Because I have got alot benefit from bitcoin in last year.
sr. member
Activity: 630
Merit: 251
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?


These news occurs constantly. Never let these news degrade bitcoin because at the end of the year, bitcoin still prove itself to be a profitable coin. Even though it is very down right now, it can still increase its price by next 3 months. To that end, bitcoin is a coin which is built for the long run and not just to exist at a certain period of our time.
member
Activity: 223
Merit: 10
There is some risk in all types of investment. But I think Bitcoin is not more risk than benefits but rather profitable. Because there is a tremendous potential for the development of all the coins in Bitcoin. Bitcoin is currently above all coins. Its price is slightly below now, but its price will soon be high. Because its price never lasts. Whenever it is down or sometimes it is high.
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