Topic: Bitcoin have more risks than benefits? - page 58. (Read 3611 times)
I think that at this stage the risk is not very great. I guess that after the reduction of the award for the block, Bitcoin's price will overcome the value of 20,000.
There is a time factor that goes along with risks and benefits. If we consider 2 or 3 days, maybe a week, then of course he is right. Bitcoin truly is risky. And very can benefit from Bitcoin or other crypto coins in this short period of time. On the other hand, if we consider 2-3 years then the scenario would be totally different. Compare the price of Bitcoin 3 years ago, or even Etherium,, you will get the picture.
For me I think bitcoin have more benefits than risks. Aside from its profitability it can be used to pay online transactions with convenience. The only risk I can think of is its volatility.
Even bitcoin is risky and some people might think that it is not worth it to invest . Me,myself will never doubt bitcoin and I won't be one of the person who easily get panic and loss my trust because of the volatility, I already proven how bitcoin gives me profit and the benefits he had shared to me.
When you say Bitcoin has more risk it looks very discouraging, Risk is a norm in every investment sector, no need to be scared or magnify the level of risk with Bitcoin.
all things must have the risk depending on how dare someone take the risk because I think later bitcoin will continue to move forward and have a good future. so I will still continue to pass the risk in bitcoin because I believe by investing then there will be many benefits gained from bitcoin.
Day by day, you can see many news like it. But bitcoin has great potential. Still it is a profitable coin. I think it will work for a long run. Don't be panic about bitcoin. Hopefully price will be increasing very soon.
Cryptocurrencies may have high risks while using it, but I think, as of the users here, it is worth to take a risk. Using it is highly profitable if you are well manged to use this and to earn this type of currency. Great benefits will come if you take great tisks, at least it is bitcoin. It is normal for the bitcoin to be volatile and don't doubt its capability.
I don't think that way. For you to benefit on something you really need to sacrifice, worst thing is that you need to take the risks. In bitcoin, its not about taking "more" risks than benefits but, if you don't take risk then there will be no benefits at all. Its kinda give and take system.
Of course, almost all cryptocurrencies have a high volatility, that is, the price for them is not stable, and this is the risk of investing in cryptocurrencies, but on the other hand it is the large volatility of cryptocurrencies that attracts many investors to this market. Therefore, for experienced users, the cryptocurrency yields a big profit and inexperienced users lose money on trade in cryptocurrencies.
I think they saying that because of competence in bank over bitcoin they are saying much more risk of bitcoin because it can be hack by others true trading but the value of bitcoin can change everything for people like me that's why i'm looking for the benefits not for the risk.
Day by day, you can see many news like it. But bitcoin has great potential. Still it is a profitable coin. I think it will work for a long run. Don't be panic about bitcoin. Hopefully price will be increasing very soon.
What do you said? More risk then benefit? I dont think so. All the risk always as big as the profit. Profit offered by bitcoin is very big then the risk also big but not bigger. Imagine from nothing to hero, from 0.1 USD and now become so high value. Its the proof.
This time is very normal with the bitcoin value.it does not first matter. Because people also knows that Bitcoin value not still day.but think is so investment is always risky with bitcoin. Lot of scammers invest site in this crypto world.how we can understand invest is also safety,it can not loss our money?so don't worry and fell free need to some time will again come back Bitcoin value in the last year 2017..
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?
The risk of trading, investing in bitcoins is a high risk, but I believe this will result in greater profits if more patient and able to take advantage of any bitcoin price changes.
I agree with your statement that trading and investing bitcoin is a high risk because it was really hard to trade and invest without enough knowledge about it. But always remember that you should always be careful to avoid this risk because everything we do is in our hands so no matter how risky it is if we know tomorrow with it then it will be beneficial to us.
No, Bitcoin have risks equal benefit
I think every form of investment will have its own risk and certainly not just an investment in bitcoin but I think any other type of investment will be at risk. so I think it is a common thing to do in terms of investing activities and maybe the risks that bitcoin has for the time being the fall in bitcoin prices that causes the risk of loss. but that's a bitcoin that can not be predicted maybe now the price of bitcoin is down but we do not know in the future and I think it could be bitcoin prices again increased significantly.
In quit agree with you because bitcoin price can depreciate at anytime, price volatility can some times not be predictable. So there is more risk attach to it than gain
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 issues are totally normal in this crypto world. Bitcoin is really a risky investment eventhough there are many risks in investing in bitcoin but with the proper knowledge and strategy bitcoin is profitable. For me i gain and have benefited a lot by investing in bitcoin. 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?
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?
I think this is true due to the fact that this is decentralized, and the forum become transparent for us to be used, and very accessible in which whether you are good or bad you are allowed to be here. I been working for bounties,and being involved to that is actually a risk already since you dont have an assurance if the campaign will be great, and sometimes the projects becomes scam.
In my opinion, more advantages or disadvantages than bitcoin depends on where we look. I do not blame if bitcoin is said to be more risky because indeed until now, there is no insurance that guarantees if there is something undesirable on bitcoin. But when viewed in terms of technology, bitcoin is very profitable, very very useful for technological progress. I think, why bitcoin is said to be more deficient because many people are misusing bitcoin for crime. So not entirely wrong bitcoin, but its users are not responsible.
It's obvious, invest in Bitcoin it's not free money, it's risky.
I would say that your investment could easily go down the drain just as easily as it could jump to the moon within a day. That is how risk:reward works especially for this unregulated market.
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