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Topic: Bitcoin have more risks than benefits? - page 46. (Read 3636 times)

newbie
Activity: 99
Merit: 0
its 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: 210
Merit: 0
Risks are everywhere. But if they were not there, then why do we need a cryptocurrency? It is easy to make money, but just as easy to lose everything.
newbie
Activity: 53
Merit: 0
I think in all forms of investment there are two aspects, namely profit and loss. If you are worried about losses, you do not need to invest.
And as far as I know investing in stocks is riskier than investing in bitcoin, because bitcoin prices can affect stock prices while stock prices can not affect bitcoin prices, and you do not have to worry about losing money in investing in bitcoin because you can hold your bitcoin during that You want and sell when prices soar.
newbie
Activity: 98
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: 294
Merit: 100
I don't believe that bitcoin have more risk than benefits because I experienced it myself  bitcoin brings benefits and advantages that will surely makes your financial life better. For those risks that have been mentioned it will avoid all of that if you are careful and aware on everything that you are doing.
full member
Activity: 490
Merit: 110
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 do believe that cryptocurrencies and banks can co-exists but it will be a huge chunk will be off to market of the banks. that is why they are threatened and spreading fuds about bitcoin.
full member
Activity: 365
Merit: 100
I do not think it's just bitcoin but all the coin here is not just cryptocurrency alone, everything including fiat also has a very high risk, it depends on your courage to respond to such things.
we must always be brave and fight all the risks that come to us, if we are weak then do not jump in bitcoin world. because plunging into the world of bitcoin should have a mental and a high mind if you want to succeed with bitcoin.
member
Activity: 350
Merit: 10
I do not think it's just bitcoin but all the coin here is not just cryptocurrency alone, everything including fiat also has a very high risk, it depends on your courage to respond to such things.
newbie
Activity: 27
Merit: 0
I think every kind of investments is risky especially those whose in demands but I don’t think bitcoin is a risky thing. It maybe risky to those hater people who only wants bitcoin to go down. Nevertheless many people having great profit with cryptocurrency.
hero member
Activity: 1022
Merit: 500
I think they're right in what they stand for. Banks and Bitcoin or other crypto, just don't go well together. Why do people still push the idea that they need to be able to use banks with Bitcoin. Banks need constant flow of money and if they stored Bitcoin it will be a huge problem for them. On the other side we can store our Bitcoin in our wallets safely without the influence of banks.
full member
Activity: 1610
Merit: 102
There is nothing to gain without risk and every type of investment has a risk. Because of decreasing and increasing price, investment in Bitcoin has some risk but you should have patience and hold your bitcoin for a time. The people who invested in bitcoin in past and held it, they became rich. So you should have the patience to earn and lessen your risk.
full member
Activity: 245
Merit: 107
I think it's very normal because bitcoin is the only digital currency on the internet, if it is related to the internet must have a very high risk, you should be able to face the risks that exist.

Bitcoin is the only digital currency on the internet? Wow, that is something that you can read and see everyday here in the forum. There is a lot more of digital currency on the internet and I think you must look at out of the box.
member
Activity: 576
Merit: 43
I think it's very normal because bitcoin is the only digital currency on the internet, if it is related to the internet must have a very high risk, you should be able to face the risks that exist.
newbie
Activity: 99
Merit: 0
All investments and trades are at risk, if Bank of Spain, in Madrid considers bitcoin more risky than the benefit is commonplace because all the Banks in any country will say so because bitcoin is the Bank's biggest competitor, they only see in terms of bad not see progress and advances in Bitcoin and Blockchain technologies.
member
Activity: 350
Merit: 12
It is true that investing ib bitcoin is risky but if you know how to take a move  on when to trade you will never loose your money but benefited with good profit.Be patient enough and wise to benefit more
newbie
Activity: 84
Merit: 0
Bitcoin is risky to invest because of everyday move up and down trend the price is not stable and be patience in every step we take bitcoin could have benefits if we do have a knowledge to do it.All of these will depends on how we will handle it. If we handle it right we can earn more profit and have benifits.
member
Activity: 224
Merit: 10
In my opinion, there is more chance of getting benefit in bitcoin. Because it is popular and very demanding full currency. And it did not happen, it took a lot of time. If the risk was high then its demand would have been reduced.
newbie
Activity: 115
Merit: 0
There is a risk of bitcoin if you can participate and invest your money on bitcoin, but if you think about it much and are too risky to invest our money in bitcoin. You are wrong to have a return to the bitcoin price range only a few years later. Where bitcoin has a lower price and we can find bitcoin prices in the past year and how bitcoin price increases now. You can take and get the risk of bitcoin itself. Cool
newbie
Activity: 98
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: 174
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?



Yes that is true, bitcoin has more risk but just a single benefit of bitcoin and blockchain technology supercedes those enormous risk. We in the crypto business do believe and knows there are risk, but bitcoin is also a valuable coin.
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