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Topic: Bitcoin have more risks than benefits? - page 43. (Read 3611 times)

sr. member
Activity: 924
Merit: 255
Everything related with bitcoin certainly requires a high knowledge base also high trust, it will be more risk.. if lack of what to know or lack of learning many things related about it/crypto. Well, and anyhow that.. it depends on its user/about the response.
member
Activity: 700
Merit: 10
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 investment have a risk. Banks already disrupted their bussiness by bitcoin or cryptocurrency and thats why they issue that statement. I think we already knew that bitcoin is good investment and many peoples get benefits from cryptocurrency.
newbie
Activity: 105
Merit: 0
At first  i am to say that everything has good site & bad site.So i can say fluently bitcoin is a good profitable currency.Bitcoin first online & digital currency. Although bitcoin has more risk than benefits! Smiley Wink
full member
Activity: 462
Merit: 102
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 only major risk we all should be worried about is the death of bitcoins when the bubble finally bursts. Even if we say that bitcoins are too big to fail, the possibility of it popping is still there and it is scary. You'll always want to prepare for the worst in case bitcoins end.
jr. member
Activity: 210
Merit: 1
so many financial experts have warned about the dangers associated with a bitcoin trading and the availability of a virtual money system in general. Because it is only a limited supply, if bitcoin prices continue to grow, the bitcoin sales position is no longer. At the same time, so much of the electronic money that holds today's brokers is increasing, the dangerous security of people is growing.
full member
Activity: 504
Merit: 101
Yes,bitcoin is now in risky zone. But bitcoin has great potential. I think it will work for a long run.
I agree with that statement that bitcoin is risky, but I am not agreeing that bitcoin have more risks than benefits, of course not, it is not like that bitcoin has more benefits over risks, I don't think that a lot of people here would stay even me if I found out that I cannot give benefit enough to bitcoin.
copper member
Activity: 154
Merit: 0
Yes,bitcoin is now in risky zone. But bitcoin has great potential. I think it will work for a long run.
full member
Activity: 630
Merit: 102
The risk of bitcoin is indisputable that is why bitcoin business is for the smartest people. You need to be smart to scale through. you need to Know when to buy, when to sell and when to do short term trading.
full member
Activity: 966
Merit: 102
if for my own opinion bitcoin it is more beneficial than the risk. for example the bitcoin benefits to help the economy of the country, its people and bitcoin are also places to earn a very good income
newbie
Activity: 114
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.
full member
Activity: 664
Merit: 112
Ethernity CLOUD
if my opinion bitcoin it provides many benefits to me. I have bought something from bitcoin that I use to trade. I see many rich people because they trade and invest in bitcoin. if anyone loses due to bitcoin, surely they have no patience.
newbie
Activity: 93
Merit: 0
Bitcoin is a risky investment to start with. That's why you always hear or read the statement: "don't invest more than you're willing to lose". Because even though I'm highly bullish on bitcoin, it can simply just crash down to triple or double digits without any signs(a bit unlikely, but still very possible). It's simply just up to you if you're willing to take that risk.
Yeah,i completely ageee with your opinion. it's simply just up to everyone if they're willing to take that risk.
newbie
Activity: 238
Merit: 0
Is there is any easy way of earning money without taking risks? I think not. In digital marketing if you invest you have risk. But when you compare with other cryptocoin you will definitely see that bitcoin has more benefits than risks. Also it doesn't have the throat to lose your all money so I think this not true.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
No, I can't support this opinion. Bitcoin has the risks that everyone should be aware of but they are smaller compared to benefits it has.
To my opinion volatility is the bigest risk Bitcoin has but if you count on that and manage the risk properly you will be able to handle it.
But profit, independency and freedom of choice you can have with Bitcoin prevale all risks.
full member
Activity: 462
Merit: 100
I don't think bitcoin has an extra risk Zone. Every investment has a risk zone, and it's simple. Sometimes you can get huge profits and sometimes not. Bitcoin is not to risk instead it gives you many opportunities. But I feel bad for them who invested in bitcoin when bitcoin was 18-20K USD. Maybe, they will say bitcoin is too risky. But if they and we hold bitcoin for a long time, then we can earn good profits for a gift. Like who bought bitcoin at 1k USD, think about them! They are now flying in the sky; they are a millionaire now.

So, I do not agree with this statement, Bitcoin is not too risky, but I would say the best time to invest in bitcoin is now.

For me  it's fine if bitcoin  have more Innovation than benefits because sooner or later it will be more beneficial in my part. Innovation can be the start of change  
member
Activity: 328
Merit: 10
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 own opinion, bitcoin have more benefits than risks because the only risk that you may encounter when you enter bitcoin is the loss of money which can be avoid when you have knowledge or strategy in investing. There are many benefits of bitcoin that can change your whole life.
sr. member
Activity: 641
Merit: 253
▰▰▰ Global Cryptocurrency Paymen
I don't think bitcoin has an extra risk Zone. Every investment has a risk zone, and it's simple. Sometimes you can get huge profits and sometimes not. Bitcoin is not to risk instead it gives you many opportunities. But I feel bad for them who invested in bitcoin when bitcoin was 18-20K USD. Maybe, they will say bitcoin is too risky. But if they and we hold bitcoin for a long time, then we can earn good profits for a gift. Like who bought bitcoin at 1k USD, think about them! They are now flying in the sky; they are a millionaire now.

So, I do not agree with this statement, Bitcoin is not too risky, but I would say the best time to invest in bitcoin is now.
sr. member
Activity: 728
Merit: 252
I dont think so. bitcoin does have a risk but the benefits of bitcoin far outweigh its disadvantages. as long as i join in bitcoin world i enjoy more benefit from bitcoin. the important thing is we have to be patient and do not panic if the bitcoin price that we buy down hold and sell when the price goes up.
member
Activity: 210
Merit: 10
https://eloncity.io/
The official banks that visit are engaged cryptocurrency profitable, that people to visit believed in the world of cryptocurrency, and went the old-fashioned to the bank for money. They specifically say so, because Bitcoin threatens their activities.
newbie
Activity: 80
Merit: 0
in fact any type of investment business is very risky, investments are then associated with the theory of risk-return, high risk high return, the calculation of risk becomes the basis in making investment decisions to expect appropriate returns in the future.
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