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Topic: Bitcoins Investment: risk or benefit? - page 13. (Read 10158 times)

sr. member
Activity: 672
Merit: 250
January 03, 2017, 12:55:00 PM
#33
-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 never thought of countries accepting bitcoin and applying taxes on it, that may happen but not so soon as it seems, and about hacking part, i don't think anyone would come to know that i have bitcoins in my computer so that they can start trying to hack my computer, unless there is someone in my home spying me everyday and comes to know i'm using bitcoins in my daily life and hacks into my computer.
hero member
Activity: 924
Merit: 1001
January 03, 2017, 12:54:49 PM
#32
Every investment do really have the risk on losing money on it and you cant heard of some investment that 100% profit guaranteed
That is right, there is no one investment or asset that can give you profit with risk attached and in case you find one, please run for safety. It is actually the risk factor an asset has that makes it worth something and attractive otherwise it's garbage. It is your business as an investor or speculator to manage the risks, so that profit making can be possible. Imagine what would happen when you choose to close your eyes and take your hands off your steering wheel Roll Eyes



If you do hear about those investments with 100% risk-free then you should think twice because those things are scam and we should think that in able to earn money we should really take the risk on lossing some of our capital and if we are ready on that then you already accepts the risk.The important thing here is that we should not jump carelessly into investment that we dont know or doesnt include on our interest.
Honestly holding bitcoin we can consider it as investment and much safe than the other bitcoin investment site. the only risk is if the price will going down or the price will crash.. if you found a site like you said many promises that you money will make profit just to invest without doing nothing for few days those are HYIP and ponzi that almost all are scam never trusting them again because i was 3 times victim of the schemes. better to stay away for those site.
legendary
Activity: 1904
Merit: 1074
January 03, 2017, 12:53:17 PM
#31
All investments have some level of risk, and bitcoin is no exception. We always say, "Never invest more than what you can afford to lose" and

this still stands. If you wait long enough, you might even make some profits. The hacking risk is very high because most people use the

vulnerable centralized services to store their bitcoins. This risk is manageable, if you use the more secure methods to store the majority of

your coins in cold storage.  Wink
legendary
Activity: 1386
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DGbet.fun - Crypto Sportsbook
January 03, 2017, 12:48:43 PM
#30
Every investment do really have the risk on losing money on it and you cant heard of some investment that 100% profit guaranteed
That is right, there is no one investment or asset that can give you profit with risk attached and in case you find one, please run for safety. It is actually the risk factor an asset has that makes it worth something and attractive otherwise it's garbage. It is your business as an investor or speculator to manage the risks, so that profit making can be possible. Imagine what would happen when you choose to close your eyes and take your hands off your steering wheel Roll Eyes



If you do hear about those investments with 100% risk-free then you should think twice because those things are scam and we should think that in able to earn money we should really take the risk on lossing some of our capital and if we are ready on that then you already accepts the risk.The important thing here is that we should not jump carelessly into investment that we dont know or doesnt include on our interest.
member
Activity: 65
Merit: 10
We Also Sell GINGER, BITTER KOLA, GALLSTONE, etc.
January 03, 2017, 12:27:14 PM
#29
Since inceptions it has never devalued (if am right)..... It keeps going up in value. That's a great sign it may get even better in future in terms of value.

Even if Governments decide to task us, then they can only do that via banks cos we cant compromise our account for anything. we will have to open a new bank account solely for this purpose.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
January 03, 2017, 11:49:05 AM
#28
-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 with bitcoin itself could give a lot of benefits to you at the same time it also has a risk because we can never be surely that you can grow your money and gain a profit from investing your money in bitcoin as the price is fluctuating we wouldn't know what will be the next movement of it . these people are right every investment has a risk and no investment is safe .
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
January 03, 2017, 11:28:56 AM
#27
this is an speculative matter.
when you invest in bitcoin, you are speculating about the price and like any other investment there will always be risks and rewards at the same time. you just have to learn the basics of an investment and be wise about it to make profit and not lose money.
in other words investing wisely in bitcoin will give you profit not panic investment.
hero member
Activity: 1148
Merit: 500
January 03, 2017, 10:55:45 AM
#26
Bitcoin is just for a person who want to risk. If you dont want to risk, then stay away from bitcoin. Investors are the person who are willing to risk and hope for better result.
You know bitcoin is really worth to risk your money. Because its really profitable. If you are patient enough. You could earn much money.
legendary
Activity: 3374
Merit: 1824
January 03, 2017, 10:05:36 AM
#25
-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 that benefits are much bigger than risk here.
I don't think that bitcoin can collapse in the near future.
In fact, I think that bitcoin will become mainstream soon and its price will jump to the sky Smiley
I don't think that any country will officially accept bitcoin, because of international financial regulations, decentralization of btc etc.
Any computer can be hacked but if you are careful and have good security on your computer and change all passwords often, you will be fine.
member
Activity: 61
Merit: 10
January 03, 2017, 09:43:44 AM
#24
Bitcoin has some risk and some benefit but I think benefit is much more than risk.
Bitcoin is very useful and faster than cash. The purchase and transaction is very easy, safe and fast.
about the risk, almost governments are scared of dirty cash, terrorist finance, drugs, no taxes.
However. Bitcoin will must have a legal law to be accepted in the near future.
sr. member
Activity: 406
Merit: 252
Veni, Vidi, Vici
January 03, 2017, 09:42:55 AM
#23
To my point of view is a small risk for a big benefit. Assuming that you buy now to invest in the same place as with fiat money it's the same risk but for sure you have at least near to zero fees. If investment for somebody is hoarding, then after eight years bitcoin has gain enough maturity compared the alt coins and is not inflationary as fiat money. So the risk is very low.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
January 03, 2017, 09:35:05 AM
#22
-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?

the benefit is that bitcoin is still a new technology so it is still being adopted and with growth of this adoption, its price will go up and give the investors a good amount of profit.

but at the same time the same thing means bitcoin is still new and needs a lot more development to become ready for the real world (you can say now it is 80 ready more or less)

but i disagree with taxes being a negative thing. taxes actually can mean government allowed bitcoin to be recognized as a valid currency.
hero member
Activity: 1134
Merit: 517
January 03, 2017, 09:33:33 AM
#21
Every investment do really have the risk on losing money on it and you cant heard of some investment that 100% profit guaranteed
That is right, there is no one investment or asset that can give you profit with risk attached and in case you find one, please run for safety. It is actually the risk factor an asset has that makes it worth something and attractive otherwise it's garbage. It is your business as an investor or speculator to manage the risks, so that profit making can be possible. Imagine what would happen when you choose to close your eyes and take your hands off your steering wheel Roll Eyes

Quote
...and we know that bitcoin might crash anytime but......

I don't know where you got that from, but today is bitcoin's 8th birthday and it is waxing even stronger. The ones crashing are the fiats of not one nor two countries. The price of bitcoin won't be high at all times, but that is not same thing or a pointer that  bitcoin is crashing. In fact, the price of every financial asset goes through peaks and troughs as a result of market forces and that is even a very good attribute for traders and investors, because stagnant market brings little or no profit.
sr. member
Activity: 350
Merit: 250
January 03, 2017, 09:24:51 AM
#20
Bitcoin investment involves risk as other investments do. Bitcoin has given tremendous profits to its holders. There is a huge pump in btc price and we dont know when the dump will be.But situations are not like 2013.There is a huge increase in demand for bitcoins. So we can hope that there will not be a great fall in bitcoin price.
hero member
Activity: 1050
Merit: 529
January 03, 2017, 08:03:21 AM
#19

Relatively investment in bitcoin is more of a benefit than risk, so far all bitcoin has done is rise so no matter when you bought bitcoin you would still be in profit even in you had bought it in 2010s or even last week. Now yes there is always that little chance that bitcoin goes stumbling down and becomes worthless, but that chance is very very low.
full member
Activity: 168
Merit: 100
January 03, 2017, 07:57:08 AM
#18
I think Bitcoin has got many more benefit than risk. we are using many smart devices in the digital world.
so Crypto currency must have been allowed to use  and now it's very popular for many people in the world.
The problem is that we need more legal rules for it to prevent money laundering and terrorist financing.

hero member
Activity: 1036
Merit: 502
January 03, 2017, 07:54:50 AM
#17
-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?

Risking your bitcoin can give you a benefit. Like in trading, and gambling. if you are wise, and good in choosing good cryptocoin you will get a benefit for it. Like in gambling if you bet, risk and know to bet wisely you will win a btc and you have benefit.
Bitcoin will not having a tax in my opinion. If we are anonymously using this bitcoin they cant know if we pay or not so tax is only for the people who want to pay for it.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
January 03, 2017, 07:52:23 AM
#16
Every investment do really have the risk on lossing money on it and you cant heard of some investment that 100% profit guaranteed and we know that bitcoin might crash anytime but seeing the current state of it we could say that its really a profitable investment and also a good and beneficial digital currency,
hero member
Activity: 756
Merit: 520
January 03, 2017, 07:49:54 AM
#15
For now, I conclude that the bitcoin for me is a very profitable. Because of the bitcoin I could feel the life that much more fun and better than ever. Because it is in the bitcoin can I double the amount of money that is big enough in a few moments. It is certainly very different from digital currency or other services, so it is much more beneficial than giving a bad risk. The key advantage in the bitcoin is the moment we can control ourselves and study the bitcoin correctly
 
legendary
Activity: 2912
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WOLF.BET - Provably Fair Crypto Casino
January 03, 2017, 07:44:25 AM
#14
Every investment is risky and with no guarantee for profit and 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.
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