Topic: Bitcoin have more risks than benefits? - page 47. (Read 3636 times)
Bitcoin has more risky factors rather than its benefits.One of the risky factor is the so called fraud.Online businesses offers a variety of selling and mode of payments which is we all known as cashless payments.We can do payments with these cryptos and the least benefits of a bitcoin is you can exchange these into other currencies at the different countries.People must be aware to these risky factors and next to its benefits.
think
There is always risks to all cryptocurrency as we all know, specially today the bitcoin keeps moving negatively it will sometimes go up, yet after awhile it will drop again. And now most of the time it stays down but i still trust that it will recover very soon and go up again on high before the year ends. I will always say i am optimistic that there are still benefits in bitcoin despite of having risks as well.
I think just the single thing that makes the whole bitcoin project worth it is the option to be the sole owner of your own money and being able to transfer it to anyone, anywhere in the world for almost no fees. Poor people don't have these options in real world if you don't know and just cause you have access to these options doesn't means that others don't need it.
That's why banks mad about this lol , idk if it was their way to prevent Bitcoin adoption , it's just too clear to see that any financial institutions fear about cryptocurrency existence due could take down their own business , the decentralized system make things easier , provide a lot of benefit for customers but not for the providers like banks , that's greedy and normal.But indeed, the crypto exchange markets are volatile, and Bitcoin is still a risky investment. That's why it is needed to use the hedge risk politics.
The ratio of benefits and risks depends on the user. If the user can do a good analysis, experience a lot, mentally strong, then the opportunity to get profit certainly can be bigger. The same is true on the contrary.
The thing to understand is, to get big profits will be accompanied by big risks as well. So, understanding the risk factors and determining the safe action is the most appropriate step.
The thing to understand is, to get big profits will be accompanied by big risks as well. So, understanding the risk factors and determining the safe action is the most appropriate step.
Bitcoin has a big risk but also has a great advantage. There is really no investments with zero risks. So There is a say ”NO RISK NO GAIN”. Every business has a degree of risk involve and bitcoin is not the exception. I still believe that bitcoin is one of the good investment and in the very beginning bitcoin has risk because of volatility but the demand keeps rising. I think to get a big profit or to achieve a great success we need to take the risk.
I think just the single thing that makes the whole bitcoin project worth it is the option to be the sole owner of your own money and being able to transfer it to anyone, anywhere in the world for almost no fees. Poor people don't have these options in real world if you don't know and just cause you have access to these options doesn't means that others don't need it.
That's why banks mad about this lol , idk if it was their way to prevent Bitcoin adoption , it's just too clear to see that any financial institutions fear about cryptocurrency existence due could take down their own business , the decentralized system make things easier , provide a lot of benefit for customers but not for the providers like banks , that's greedy and normal. 
You are correct that btc do have some risk but bitcoin do have lots of benefits to all believers and open a great opportunity to everyone who strongly believes in crypto.
I believe that there are more benefits in crypto than risk. I guess those risk will varies from the person who handle her/his investment.
I believe that there are more benefits in crypto than risk. I guess those risk will varies from the person who handle her/his investment.
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?
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?
Well the benefit/ innovation is a revolutionary payment system the likes of which the world has never seen- I think the risks involved are worth the benefit to the world. Innovation will win in the end.
I do not agree with you, bitcoin does have a risk but also generate many benefits .. The risk problem has become the daily food of the traders cryptocurrency.
I'm not surprised to hear this a banking firm but the fact is that although these statements are always made about Bitcoin to bring it down, bitcoin always gets stronger and that's one thing I love about crypto. There are various opportunities that the Cryptoworld offers and this has helped many people benefit from crypto. There are whole lot of benefits in crypto than the risk and these risks can be eliminated if you do enough reading and research and give a deaf ear to fake news.
With statements like this, I think it depends on who is talking. If only you have been in crypto for long and done things right, you would realise that bitcoin has more profit than risk. Most people who run at a loss in crypto fail to analyze things well and they do not learn enough to know how crypto market is and when to buy and when to sell. If you only learn well, you will have no regrets.
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?
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?
Well in a sense, this is actually true. But the percentage of benefits versus the risks can vary from person to person. For instance, an investor looking to invest in cryptos does his own research well and tries then fails a lot of times, his risks of losing money in this industry gets lower and lower the longer he stays specially when he takes doing research very seriously compared to a newbie or a lazy investor that does not want to stidy and just listen to what other people say.
All kind investment is risky. If you earn good amount you should take risky. About bitcoin is very promising coin and price also good.You can invest on bitcoin and you can earn more rather than invest of bank.
Of course the bitcoin is full of risks, so if you just want to play with bitcoin better do not. Because it will only make you big loss. First, understand about bitcoin and new you can invest in it.
That's absolutely a neutral for me it's because bitcoin is volatile by nature. We can't just say that bitcoin will always drop its market value all the time nor we can say that it will rise all the time too. Expect it to be more risky only when bitcoin is in crisis and expect it to give you benefits when it started to rise again too.
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?
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 every investment has risk. I personally prefer bitcoin to invest because I have did it for two long years ago and have got alot benefit. So, I think bitcoin is more benefits than risks.
The bigger the risk the more the more the benefits. some things are born really beneficial without exerting too much effort and risk. however, btc is risk and beneficial at the same time. of course when you think of money, wanting it to increase is really a risk. but if you know techniques to lessen the risk, it would be better to for every necessary development.
just like every technology, there are risk associated with bitcoin such as its volatility which makes it impossible to have a stable price at all times. the risk of been hacked but that can be managed if you can be a little more careful by not exposing your private key, making sure you are crediting the right wallet address as the transaction is one directional and cannot be recalled, making sure you are login into the right wallet address. having more than one wallet address can be a good idea so you do not put all your eggs in one basket but the benefits of bitcoin outweighs the risk because it is a decentralised currency so you have absolute control. have a good knowledge and understanding and you will see the benefits
For Every High risk Investment, there is likelihood of high reward., Bitcoin is just as risky as any business venture, just that the risks involved inn crypto is almost double, but look at the returns , which other business offers you more than double the value of the capital,with BTC its almost a guarantee that you will get back your money if you are patient enough with the coin
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