Bitcoin have more risks than benefits? - page 49.

Apple Mac

full member

Activity: 264

Merit: 100

Quote from: Compiler on May 23, 2018, 07:43:29 AM

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 agree with the statement, yes Bitcoin contains a lot more risk than benefits, I am in the side that you dont have the enough assurance on when kr how much you can earn here, is the project would really pay me? Or the investments that I did will really work, the risks is present benefits will come after if you recieve a huge amount of money after you did an awesome service, and I think that's how do life goes? Risk for you tk step up in your current situation.

TrevorSmith

newbie

Activity: 30

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If you decide to invest you must know that all of the investments are risky. You need to know it and just invest the amount that u can afford to lose. If your investment is successful then big money will come your way.

Thardz07

full member

Activity: 378

Merit: 100

In my opinion, there are more riskier if you have a lack of knowledge about bitcoins. The risk of investing is normal in Cryptocurrency, but beneficial if you really understands how it works. It depends on our knowledge and strategies.

if_so_klara_99

newbie

Activity: 80

Merit: 0

if you use it correctly than no, you should no efficient ways to mine it, and those ways do exist, and the you will certainly make more than lose

onemoretime8520

member

Activity: 265

Merit: 10

The World’s First Blockchain Core

I have been seeing these news since btc was 1k and of course every investor is capable to understand that in crypto market the risk is high but also the gains are high which is not a new thing in economy. Always the high risk is correspondent with high returns.

Boldcom

newbie

Activity: 149

Merit: 0

Quote from: Compiler on May 23, 2018, 07:43:29 AM

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?

you will not be receiving any benefits by not taking any risks. all investment involves risk. no matter what investment you take, you are expose to risk of losing.

hsyncl

member

Activity: 322

Merit: 10

The risk is as high as the return. This is very simple to explain; If you want to earn a lot you have to take risks. Investing in gold or beating for profit is a more logical option.

Labajah

newbie

Activity: 130

Merit: 0

Quote from: Compiler on May 23, 2018, 07:43:29 AM

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?

risk is everywhere. no matter what or where you invest at, you are taking a risk, risk of losing. i would prefer taking risk than to not take any risk at all. by taking risk, you have a 50/50 chance.

Geljames28

jr. member

Activity: 238

Merit: 1

In any investment, risk is always there. That's why do not invest what you can't afford to lose. If you really want to invest, you should accept the risk. But when your investment become successful, huge money will be yours. The decision still depends on you.

joganuts

full member

Activity: 355

Merit: 100

Gric Coin - Redefining Agriculture and Increasing

Risk is always there and that is for sure but after all those risk that the holder choose to fight there is a lot of benefit that the holder can get from it.

jademacoy

jr. member

Activity: 224

Merit: 8

The price of bitcoin will speak the benefits that it offers. As we all know that relatively there are many investors with bitcoin and many are supporting it and love having it. I think the risk is worth taking for when you will be able to earn a good profit in just a few months or it could be even weeks and days. If you know how to play along with the bitcoin market pricec volatility then earning it is possible and good.

Ayaancool

full member

Activity: 308

Merit: 100

Quote from: Compiler on May 23, 2018, 07:43:29 AM

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 ,of course its true. A person who is interested in taking risk can become successful. Therefore, by taking risk, bitcoiners can earn high income through bitcoin.

Codename23

newbie

Activity: 109

Merit: 0

Quote from: Godef on May 23, 2018, 07:45:24 AM

Quote from: Compiler on May 23, 2018, 07:43:29 AM

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?

Well, Yes, perhaps bitcoin is now in an extremely risky zone, and can certainly collapse, but I think still this will not happen, and it will only rise and will work for a long time.

Yes it have more risk. You have to risk the amount of token you have so that you can earn. Not knowing the amount ahead. You also need to risk your token even tho you are not sure with the outcome or money that you will recieve.

Emerge

legendary

Activity: 854

Merit: 1000

Quote from: Pursuer on May 23, 2018, 08:46:48 AM

if I buy $100 worth of bitcoin and enjoy using the only decentralized currency in the whole world am I taking more risks than benefits? of course not.

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.

Totally agree with you. Maybe some people change their perspective with your example.

Yudai

full member

Activity: 212

Merit: 100

Gric Coin - Redefining Agriculture and Increasing

I do believe that it is the other way around the right thing to say is that the Bitcoin has more benefits than risk. Yes there is a risk and it definitely can be aviided but once you overcome it then you can obtain all those benefits.

cutecute

full member

Activity: 378

Merit: 100

Quote from: Compiler on May 23, 2018, 07:43:29 AM

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 have more benefits than risks because there are so many advantages in it just like you can be rich and successful. Other said that there's more risk than benefits just like there's a chance that the money you invest will gone.

Virtual miner

sr. member

Activity: 728

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Everything has its own advantages and disadvantages. In case of investment sector, disadvantages increase because of uncertainties present there. There is no surety whether you will earn something or not, or might even incur losses. The risk is specifically higher in cryptocurrencies because of huge price fluctuations. There is much news, like this, circulating nowadays, but the truth is that Bitcoin will grow for sure.

dgross0818

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Activity: 308

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Chairman of the Bank of Spain Luis María Linde (Luis María Linde), speaking at a meeting with the leaders of the financial industry, noted the potential of blocking technology and pointed to the risks that crypto currencies bear. At present, crypto-currencies represent "more risks than benefits," he added.

dillpicklechips

hero member

Activity: 994

Merit: 507

Bitcoin are really gives me alot of benefits I don't care of what they are saying in the social media sites that bitcoin are too risky and not worth it. You should experience before you judge and believe those nonsense things. It is normal that investing is too risky we should accept that fact.

Tiktik

full member

Activity: 322

Merit: 100

Quote from: Compiler on May 23, 2018, 07:43:29 AM

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 a first place bitcoin and other crypto has no assurance to generate a profit but bitcoin has proven that is good for long term investment I think we need to faith that bitcoin will grow more and spread all the positive news rather than negative news because it also affect the bitcoin price but there long way to go I'm sure bitcoin will grow more.

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