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Topic: Bitcoins Investment: risk or benefit? - page 10. (Read 10158 times)

full member
Activity: 266
Merit: 100
January 07, 2017, 09:26:06 AM
#93
There are several banks or may be even government who are buying bitcoin silently so that they can earn decent profit with their holdings. $16 billion marketcap is not that small to get broken down within few months or years, bitcoin may remain safe heaven for investors in future too. Governments can't banned or shut down bitcoin so better not to worry about it getting collapsed.
u are assuming this or have you any proof that goverment are buying bitcoins for their profit .if possible give us some proofs it will be beneficial .
sr. member
Activity: 962
Merit: 269
CryptoDirectories.com
January 07, 2017, 09:24:31 AM
#92
Many people count investment in bitcoin risky. But I think it's just because of people don't understand bitcoin mostly. One of the most serious problems for any new technology, in addition to ridicule from market participants, it attempts to compare it with something already known, with any starting point. An obvious example is Fiat currency, modern banking system and the process of working Bank accounts. Those people who understand bitcoin and the way it works already invested in it and taking the profit from that.
i agree it only risky if people dont know how bitcoin work
when i start i doubt about it that it my first opinion is bitcoin will collapse that will be no value someday
but after i do some research i learn that bitcoin didnt work by a few people
that even some sell their coin or leave bitcoin there a lot of people waiting to take their spot
hero member
Activity: 1078
Merit: 514
January 07, 2017, 08:51:20 AM
#91
Many people count investment in bitcoin risky. But I think it's just because of people don't understand bitcoin mostly. One of the most serious problems for any new technology, in addition to ridicule from market participants, it attempts to compare it with something already known, with any starting point. An obvious example is Fiat currency, modern banking system and the process of working Bank accounts. Those people who understand bitcoin and the way it works already invested in it and taking the profit from that.
hero member
Activity: 1344
Merit: 565
Leading Crypto Sports Betting & Casino Platform
January 07, 2017, 08:42:13 AM
#90
Bitcoin investment is always we have 50 50 chances don't know when the price will increase and when it falls. The only thing you need to be very accurate when you invest in bitcoin, you need to keep an eye on when it increases at that you can sell them at higher price in this way you will make profit.
Yeah and the more money we put in to invest, the riskier it gets. As bitcoin's future is unpredictable and uncontrollable, by the time you decide to invest in bitcoin, you have put your money in risks. But I think it would be somehow more beneficial than risky if you don't fall for the advertisement of scam sites, because if you don't sell it now, you still have the chance to sell it later.
hero member
Activity: 1302
Merit: 508
Leading Crypto Sports Betting & Casino Platform
January 07, 2017, 06:57:36 AM
#89
Bitcoin investment is always we have 50 50 chances don't know when the price will increase and when it falls. The only thing you need to be very accurate when you invest in bitcoin, you need to keep an eye on when it increases at that you can sell them at higher price in this way you will make profit.
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
January 07, 2017, 06:32:47 AM
#88
The question is like Schrödinger's cat paradox.  Tongue

You can't pinpoint whether it will be risky or beneficial. It is up to you coz eventually it is you who looks into investing where and how much. Smiley
legendary
Activity: 2170
Merit: 1427
January 07, 2017, 06:15:48 AM
#87
bitcoin is more of a benefit than risk Tongue

Not necessarily. Timing is everything when you enter and leave the market. Take the current dump as example - People that have bought above $1000 and even above $1100 because they were thinking that the price would increase further, are now heavily disappointed in themselves. Perhaps they even blame Bitcoin for their own bad investment timing. Tell me, who on earth enters the market above $1000 while it was so obvious that the market was about to correct significantly any time soon? It's gambling that these people have been doing. Serious people leave the market at such positions, and rookies enter the market....
hero member
Activity: 2646
Merit: 686
January 07, 2017, 05:50:53 AM
#86
-Benefits is you may use that bitcoin to invest in other Bitcoin services and invest bitcoin is safe,profit good
-Risk is that Bitcoin collapses and if countries and government accept Bitcoin, Bitcoin will have tax, your computer can be hacked
What’s your opinion?

First of all understand there's nothing like a risk free investment. There's risk involved in almost everything so you think it will be risky in Bitcoin then it's also risky in Fiat. You need to learn to play smart. All you need to buy at low levels and sell at high levels. Keep on earning from different sources. Even if the government bans they never owned it anyway and they can't find your are the owner, so they are helpless anyway. The only is risk is price devaluation but that happens with all currencies.
hero member
Activity: 798
Merit: 506
January 07, 2017, 05:48:32 AM
#85
-Benefits is you may use that bitcoin to invest in other Bitcoin services and invest bitcoin is safe,profit good
-Risk is that Bitcoin collapses and if countries and government accept Bitcoin, Bitcoin will have tax, your computer can be hacked
What’s your opinion?

Investment related to bitcoin are risky and benefit.
If your investment allow to collecting bitcoin and saving it, may increase in value over time as we know from the first time until now bitcoin development.
But risky too, if the price collapse in the future but it's tend not to happen and the price always recover.
Government accept bitcoin more likely a good thing for bitcoin community instead of risk or ban bitcoin.
newbie
Activity: 28
Merit: 0
January 07, 2017, 05:31:17 AM
#84
If you know a good and safe place to invest(studying carefully before investing  your Bitcoins or a part of your Bitcoins if it is a serious company,for how long is active ,it is paying his members regularly etc.)you can invest.You can do some trading,selling at high price and buying at law price,but there are some risks involved ,you have to know and trust the persons you are trading with.Anyway I think is safer to keep at least 80% of your Bitcoins in your wallet,because it is the safest place:), and in the future you can sell your Bitcoins ,when his price will be multiplied.
newbie
Activity: 2
Merit: 0
January 07, 2017, 04:28:39 AM
#83
bitcoin is more of a benefit than risk Tongue
hero member
Activity: 1022
Merit: 500
January 07, 2017, 02:01:58 AM
#82
-Benefits is you may use that bitcoin to invest in other Bitcoin services and invest bitcoin is safe,profit good
-Risk is that Bitcoin collapses and if countries and government accept Bitcoin, Bitcoin will have tax, your computer can be hacked
What’s your opinion?

Bitcoin is really beneficial to anyone who will use this kind of digital currency. Because it can be use for so many ways such as remittances, shopping online, billings, and savings. While the Risk is if there is internet connection bitcoin will be useless at all. and its true if bitcoin will handle by the government it will have tax declaration for bitcoin for sure which is not good for the bitcoin enthusiast.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
January 06, 2017, 12:24:00 PM
#81
-Benefits is you may use that bitcoin to invest in other Bitcoin services and invest bitcoin is safe,profit good
-Risk is that Bitcoin collapses and if countries and government accept Bitcoin, Bitcoin will have tax, your computer can be hacked
What’s your opinion?
I think if government apply some tax then it is not a matter of loss or any risk because tax is not a thing which can be applied at very low amount of money .
But here the big matter is that , what happened if government will banned the use of bitcoin in the country .
Then the all butcoiner will loss all money in form of btc .
hero member
Activity: 700
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
January 06, 2017, 11:52:56 AM
#80
I think if we invest and hold bitcoin, we will benefit from it.  It was been predicted that it will increase in price in the long run.  It would be best to buy it and hold it for more than 5 years and sell after to get profit.
But if you don't keep an eye on daily bitcoin price you may rather loss than making any profit holding for years. Without risk you can't earn profit in any types of investment and bitcoin is also same. Bitcoin investment: High risk = High benefit

The one who panics will only loss in end.
sr. member
Activity: 264
Merit: 250
January 05, 2017, 10:14:23 PM
#79
-Benefits is you may use that bitcoin to invest in other Bitcoin services and invest bitcoin is safe,profit good
-Risk is that Bitcoin collapses and if countries and government accept Bitcoin, Bitcoin will have tax, your computer can be hacked
What’s your opinion?
Every investment do really have the risk on lossing money on it and you cant heard of some investment that 100% profit guaranteed,so is the Bitcoin.The price and the market are volatile so you can win and you can lose.
It depends how much you are willing to risk but still I think investing in Bitcoin is long term good decision with good chances to profit.

sr. member
Activity: 532
Merit: 250
January 05, 2017, 09:32:46 PM
#78
Well it really depends on when you are investing in. The timing is as important as the investment choice, that is something to keep in mind in my opinion. If you buy a super good investment item in, but at the wrong time, you're not going to be doing well either.

There are risks in everything and risk and benefit isn't two mutually exclusive things. Bitcoin investing has its risks and that risk may or may not pay off for you, depending on when you buy it.
sr. member
Activity: 434
Merit: 250
January 05, 2017, 09:24:10 PM
#77
I think that would be difficult to prove taxes if Bitcoin itself anonymous
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
January 05, 2017, 04:52:57 PM
#76
I think if we invest and hold bitcoin, we will benefit from it.  It was been predicted that it will increase in price in the long run.  It would be best to buy it and hold it for more than 5 years and sell after to get profit.
hero member
Activity: 896
Merit: 514
January 05, 2017, 04:46:59 PM
#75
i think in present time do not invest your bitcoin because bitcoin increasing its price too much faster day by day and there is a lot of people holding their bitcoin for more higher price and if your hold your bitcoin so it would be too much beneficial for you.
hero member
Activity: 658
Merit: 500
January 05, 2017, 04:36:38 PM
#74
-Benefits is you may use that bitcoin to invest in other Bitcoin services and invest bitcoin is safe,profit good
-Risk is that Bitcoin collapses and if countries and government accept Bitcoin, Bitcoin will have tax, your computer can be hacked
What’s your opinion?

No investment is safe, especially with Bitcoin. The price is very unstable, so it can go down at any time and your investment will be over. When investing in anything, you need to assume some risks. There is a benefit only if the price keeps growing, like it did in the last few weeks, but do we know when it's going to stop growing? We don't. The scenarios of countries accepting Bitcoin is unlikely, at least at this moment, except if they want to experiment some kind of a test on us.

I fully agree with you. Can you imagine when you sell your house using bitcoin (your assumption btc price will grow to $2000) and then bitcoin price drop to $500?
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