Bitcoin have more risks than benefits? - page 51.

hdtqisg

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Merit: 250

Quote from: Compiler on May 23, 2018, 06:43:29 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?

To say that, investing in time is not very risky! Digital money (virtual currency) huge fluctuations! Be careful before investing!

nozokiumi

newbie

Activity: 76

Merit: 0

It's not surprising if some counties say bitcoin is bring more harm than good. Since they're collapsing now.
My country a lot of times say to the public if bitcoin bring more harm, they just say it's really bad investment.

But I believe most country say it just to keep their people lost their money from bitcoin

djgtr

sr. member

Activity: 951

Merit: 250

Quote from: abhi777 on May 26, 2018, 12:45:10 AM

Quote from: rawr1620 on May 25, 2018, 12:54:34 PM

Bitcoin itself is an investment. And investment have risks especially if you pour alot of money into it. The benefit of bitcoin is when you try to get a decent amount you invested as an income or extra income. But i believe that the benefit has more to it the experience itself in learning cyrpto that other people do not know is a benefit that onliy bitcoin users know.

indeed according to news and issues that often appear bitcoin more risk but we can see the fact bitcoin still many who are interested in the investment if bitcoin many investors who remain confident with bitcoin certainly it is profitable

The news sometimes creates negative impact to all whose subscribing bitcoin updates, particular on how the price really behaves. It may attract people's attention, there maybe a good and bad impressions. Some think that risking their money to bitcoin is somewhat a great opportunity, and a big challenge which will benefit us when the value of each coin spikes to the highest value.

Jamjamz30

member

Activity: 332

Merit: 12

In my opinion, I think the banks are just playing safe. They're just making the choice that they think its good for them which is pretty much right on their side. Bitcoin can be unpredictable in many times and banks are there for stability because they circulate money. Banks cannot circulate money which can go up in huge amounts which can make them broke. Bitcoin is not made for banks and its still pretty far for banks and Bitcoin to work together.

miradorme

newbie

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I think it depends on how you manage. Because there is a way in earning bitcoin without taking risk. You can earn without investing. Like joining bounty campaigns in that way you can avoid risking your money.

danggoron

full member

Activity: 560

Merit: 102

Quote from: Cryptokeke on May 26, 2018, 12:44:17 AM

Yes Bitcoin has so many risks and only one benefit and that is to earn more money by investing or joining bounties or airdrop campaigns. But there is the saying higher the risk higher the profit so still so many people invest in crypto even the risk is high.

So risk management, understanding it, and studying its causes are steps to minimize risk. If we are able to minimize these risk factors, then the opportunity to get a greater profit. In general, if we invest, do not put eggs in one basket and only invest what you afford to lose. In addition, the ability to analyze the market is also urgently needed to predict price direction.

abhi777

full member

Activity: 457

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Quote from: rawr1620 on May 25, 2018, 12:54:34 PM

Bitcoin itself is an investment. And investment have risks especially if you pour alot of money into it. The benefit of bitcoin is when you try to get a decent amount you invested as an income or extra income. But i believe that the benefit has more to it the experience itself in learning cyrpto that other people do not know is a benefit that onliy bitcoin users know.

indeed according to news and issues that often appear bitcoin more risk but we can see the fact bitcoin still many who are interested in the investment if bitcoin many investors who remain confident with bitcoin certainly it is profitable

Cryptokeke

jr. member

Activity: 136

Merit: 1

Yes Bitcoin has so many risks and only one benefit and that is to earn more money by investing or joining bounties or airdrop campaigns. But there is the saying higher the risk higher the profit so still so many people invest in crypto even the risk is high.

abhi777

full member

Activity: 457

Merit: 100

Quote from: Compiler on May 23, 2018, 06:43:29 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?

indeed according to news and issues that often appear bitcoin more risk but we can see the fact bitcoin still many who are interested in the investment if bitcoin many peminatnya certainly profitable

cafeorandagoldfish

newbie

Activity: 1

Merit: 0

if crypto has a lot of risk is not that really very good? if we think back, crypto has a very good potential if there is no risk it will be many people who choose crypto from the bank
because the bank does not want to lose its customers because of crypto

Thira

newbie

Activity: 92

Merit: 0

Quote from: MountainConqueror on May 23, 2018, 06:49:14 AM

Well any kind of investments is a risky thing. But cryptocurrency has always been "a bit riskier then others" due to price mad volatility. Nevertheless lot of people doing amazing profit with that sphere.
And if you are not about buy-sell, I don't think Bitcoin do any treat to you or the world in general.

Sometimes bitcoin is risky because this is a crypto currency and or digital currency and have a volatlile in nature mean that things or the value is not fix, if you will invest make sure that the money you will put on investment start in small amount do not start in big amount so that you will not get hurt of your money invested if the value of coin will suddenly decreasing.

Dark_raven007

newbie

Activity: 224

Merit: 0

Yes, he is very risky and because of his jumps and because of how some say, he can collapse. But there is today and now and this should be used in the mind.

jaskiratsingh

newbie

Activity: 6

Merit: 0

Quote from: Compiler on May 23, 2018, 06:43:29 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 it depends on how much knowledge and experience you have for trading. with out proper knowledge it will be very risky, a person can lose huge money. There is always a little window when you can enter in trading and never be greedy just exit early when ever you feel safe.

btcblockchain

newbie

Activity: 252

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In order to handle bitcoin, the holder should have knowledge of technology and market conditions then only he can handle it or else he will be comprised to Cyber Threats

nightxglow

sr. member

Activity: 700

Merit: 251

Well it's depends actually. How you use bitcoin will make you feel the benefit or risk differently. I myself don't really feel the risk of bitcoin. Except for the chance of scam is high, and some coins are worthless.
But the benefits for me is greater. I really only feel the advantage of bitcoin, not the risk or the bad things of bitcoin.
But still i think if we can make use of bitcoin well, we won't care of the risk and will still invest in bitcoin because it's very profitable.

Jundel2018

newbie

Activity: 47

Merit: 0

Quote from: Fappanu on May 25, 2018, 09:47:54 PM

Quote from: Compiler on May 23, 2018, 06:43:29 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, it is very risky to invest in Bitcoin. Especially if you do not know it very well. So we must first go ahead and study it first and find out what we need to know. It is difficult to rush especially with the money it talks about here. So be careful

Yes bitcoin is very risky but there are lots of benefits bitcoin have. Bitcoin is risky because of its stability that it may or may not collapse. We should be careful in investing bitcoin study the risk and benefits it may give and also take time in making some decisions not because they say that it gave then a lot of opportunity. Lets be wise because where talking about money in here which is difficult to earn.

Fappanu

sr. member

Activity: 1111

Merit: 255

Quote from: Compiler on May 23, 2018, 06:43:29 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, it is very risky to invest in Bitcoin. Especially if you do not know it very well. So we must first go ahead and study it first and find out what we need to know. It is difficult to rush especially with the money it talks about here. So be careful

Mikejones64

newbie

Activity: 86

Merit: 0

Quote from: Compiler on May 23, 2018, 06:43:29 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?

This article is an example of false propaganda.
All banks in the whole world fear bitcoin/cryptocurrency. It's a big threat to them because they might lose their business when bitcoin will be known the world. They fear that the traditional currency might be lost because of bitcoin, and they don't want that to happen. That's why they make this kind of fake news.

Nitnit13

newbie

Activity: 126

Merit: 0

That's the way bitcoin works, but if you do not dare to face the risk it's better never try to make a profit in bitcoin. You must be courageous in making decisions and challenges that exist in bitcoin.

AlexAtom

member

Activity: 560

Merit: 10

YOUC - www.youengine.io

Quote from: Compiler on May 23, 2018, 06:43:29 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?

Every investment has a risk. Bitcoin is have a risk too, but for short term investor only.
The risk is volatility of bitcoin value. If someone buy biycoin to invest in short time, im afraid they will loss becauase rhe price is falling later.

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