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Topic: Bitcoin have more risks than benefits? - page 35. (Read 3636 times)

member
Activity: 336
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.
member
Activity: 434
Merit: 86
Community Manager
Well, I have actually read your link posted and deduce that The Bank of Spain Head MADRID might brought out his illustration proving his authenticity for the reason why Bitcoin to him is of more risks than benefits, where he brought up the issue of XRP failure against the US Dollars and also DICE Token failure bla-bla, we should not forget that Banks are even seeing Bitcoin as a Rival tool which may render their services redundant, and would for ever be in support of any means that would not let the Bitcoin Dream see the light of the day.
To me, I counted this as one of the FUDs that must be averted for Bitcoin success. Okay, if Bitcoin is such Risky, why are investors increasing day in day out? Why are the new ICOs springing up consistently? Why is the Demand and Supply Elasticity of Bitcoin always in most scenario falling on Bitcoin positive sides? All these are because of the potentialities embedded in Bitcoin which are very much eminent for everyone to perceive/observe and tapped from.

Claro, también es verdad, los bancos harían lo que fuese para que bitcoin cayese, aunque no podrán.
newbie
Activity: 107
Merit: 0
I think it's a rule of any business up and down are the parts every time u cant get profit or not a lose its depend your buying bid or knowledge or pridction about the values.
newbie
Activity: 238
Merit: 0
Bitcoin is first currency in its type. It may be risky. But there is chances of more profit too. I am puzzling after seeing the statement of different organization. One comment in favour of it and one against of it. Which statement we should favour is difficult. So listen to your heart.
full member
Activity: 453
Merit: 101
RISE WITH RAYS FOR THE FUTURE
Well, I have actually read your link posted and deduce that The Bank of Spain Head MADRID might brought out his illustration proving his authenticity for the reason why Bitcoin to him is of more risks than benefits, where he brought up the issue of XRP failure against the US Dollars and also DICE Token failure bla-bla, we should not forget that Banks are even seeing Bitcoin as a Rival tool which may render their services redundant, and would for ever be in support of any means that would not let the Bitcoin Dream see the light of the day.
To me, I counted this as one of the FUDs that must be averted for Bitcoin success. Okay, if Bitcoin is such Risky, why are investors increasing day in day out? Why are the new ICOs springing up consistently? Why is the Demand and Supply Elasticity of Bitcoin always in most scenario falling on Bitcoin positive sides? All these are because of the potentialities embedded in Bitcoin which are very much eminent for everyone to perceive/observe and tapped from.
jr. member
Activity: 399
Merit: 2
certainly in all business you have to look the advantage and the disadvantage in it, normally crypto is the a heart hearted biz so without you bearing the risk you can't benefit from it.
jr. member
Activity: 266
Merit: 1
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
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?



There are perspectives to the bitcoin investment and trading. A good perspective which I agree with is that of those who make/earn a living from bounties and later use part of their earnings in buying of prospective ICOs. The risk involved here is minimal compared to investing your real hard earned cash into the cryptocurrency market.
full member
Activity: 266
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?


it depends on bitcoin bcause sometimes it is really helpful and sometimes it is very risky sk yoy cant really calculate how risky or beneficial it is
jr. member
Activity: 168
Merit: 1
There is no advantage without great risk.
Like bitcoin, bitcoin has a very high value and price, therefore if we want to benefit from bitcoin then surely the risk should be high too.
full member
Activity: 377
Merit: 100
MenaPay - Crypto made easier than cash
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?


It maybe true but you can reduce the risk and increase the benefits by finding some good ways to gain profit here in bitcoin. Ways like joining bounties is one of the example where risk is less seen than the benefits. You just need to be smart and wise here so that you don't have to suffer the high risk this business gets to give. Be careful always with your ways to avoid regrets and disappointments.
full member
Activity: 532
Merit: 100
It depends on how well you can manage your assets in bitcoin tho,  that's mean you need the skills or being intelligent to avoid your assets from scams or even the hackers. Well if you past those challenge you will get a very huge profit with bitcoin.
newbie
Activity: 48
Merit: 0
 :)Bitcoin has more risk than benefits because there  is no security for bitcoin and there is no government monitoring as well.
And of course bitcoin is one kind of investment and every investments are risky.
 but if you want to get more benefit then you must have more risks and that's normal.
and for me it is worthy to take risk.
member
Activity: 434
Merit: 86
Community Manager
I think if you will look on the negative side you will see that bitcoin have more risk rather than benefits. But let us think that bitcoin without risk,I think it is boring no more thrill and adrenalin  you will feel so will the lazy in doing bitcoin because everybody will invest and buy bitcoin and it's value will fall or maybe become valueless because everybody have a bitcoin. And remember that if you think the risk you will never experince the bitcoin's benefits because you are afraid to take that risk that maybe your life will change. Don't afraid just grab the opportunity to change your life.

Sure, that's what I think, you can not get much benefit from something that is not risky. There are always other cryptocurrencies, ICOs that you can trust, looking at your idea and if you like it, invest
member
Activity: 476
Merit: 11
Strange to here that because there are also many huge banks that are sticking to a completely opposite belief, so what?
Bitcoin for me is more on benifits than risk because since  I started bitcoin I never use my personal money to invest in any project here in crypto market. What I did I patiently join bounty campaigns and I invested my rewards to those I think authentic and legit projects. In Gods grace I earn and redeem my profits  in all my investments with any single penny.
newbie
Activity: 144
Merit: 0
every day you can see a lot of news like it But bitcoin has great potential but it is a profitable coin with this I am sure will work for long term. essentially you stay calm in the face of adversity because if you do with a doubt then you will get worse in failure.
legendary
Activity: 1372
Merit: 1008
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, bitcoin is kne of investment and every investments are risky to take. What are the risk that we might experience in this? First is, losing bitcoin, the bitcoins value may drop but do remember that this is normal since btc is volatile. Another, afraid of being scammed and hacked. But remember when you are just well informed you are not afraid to invest. It is worthy to take risk.
I think everyone already knows that investing in bitcoin is very risky because of fluctuations but it depends on individual itself, whether bitcoin is more risk than benefits, because what I see and what I get is different from their opinion, I can live from bitcoin income, and I've made dozens times of profit from my initial capital in bitcoin..
newbie
Activity: 31
Merit: 0
Bitcoin is a risky investment for a start. That's why you always hear or read the statement "Do not invest more than you are ready to lose." Because he can just just roll up
full member
Activity: 560
Merit: 107
For me, it will depend on the benefits you have and bitcoin that you want to risk. If you're going to use all your benefits to buy bitcoin, it will be very risky because you cant afford it. In all kind of business or decision we make has a risk if we can efficiently do it or not. Most of the banks will say that bitcoin is risky because they know that bitcoin’s legality and acceptance is meager compared to real money. But the only things you must consider if you can afford to invest in bitcoin, it will not be risks if you can afford to lose that money that you will spend in investing on bitcoin.  Smiley
newbie
Activity: 266
Merit: 0
Bitcoin is getting more acceptable day by day. No matter what you do, it is a risk. Yet bitcoin is at risk, the profit is high. It is expected that more profits can be obtained from bitcoin in the future.
full member
Activity: 524
Merit: 100
io.ezystayz.com
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 the bank of spain are just fucosing on the negative side of bitcoin, they didn't see the potential of bitcoin, here in our country many people are benificiary of bitcoin they are now afford to buy what they want. Lets just be positive.
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