I don't agree investing Bitcoin in other services is at all safe!
But it is all good to hold Bitcoins as it is.
Well, if you say factors liker Bitcoin collapses, what if your bank becomes insolvent!
It all depends upon possibilites, some may be prone, some may not!
But if I look present situation in my country, investing in Bitcoin is free from risks you mentioned above
Topic: Bitcoins Investment: risk or benefit? - page 14. (Read 10162 times)
-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?
-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?
Invest in bitcoin service means in bitcoin doubling? No. Just storing+investing in your safe wallet, there's still a paper wallet which have good security+less cost.
Risk, is always stand besides with any investment models, it is how smart us to avoid that risk.
Bitcoin is a great investment, it has a good future and the value is keeps on rising, you can spend it as currency or you can store it as your investment, the risk that you are talking about, is not yet happened, like government regulate bitcoin or bitcoin collapse, bitcoin now still in prime condition and the problem being hacked you just need to be extra careful, so bitcoin still got so many advantage
There are many benefits if you make the right investment choices. Like I jsut recently joined on Facebook a crypto currency trading group - consortium and they give roi up to 15% weekly and if they don't trade or trade at a loss, we never lose but receive their coin RYCN instead, for any 0 or minus weeks, so our capital is safe.
-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?
My opinion to you is that never use bitcoin if you are worried about all these consequences. The price might fall so does the paper currency .Government might impose tax on Bitcoin trading but that does not mean it is going to fail.If you think your computer can be hacked hope your not using net banking too.First learn how to be safe and then start using Internet.-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?
-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?
-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?
As quoted governments accepting bitcoin is not possible, because recent days several countries planned of making their own digital currency following bitcoin's Blockchain technology. None made an initiation of adopting bitcoin as their currency. For those reasons quoted by op, bitcoin never falls. So I believe investing through bitcoin seems effective.
Well if it is really true then its a good news! We could say that lot of people will adopt bitcoin in their daily living if government will adopt bitcoin really but we could say that government will using the bitcoins blockchain technology to make new bitcoin i think it is not really successfull without the help of bitcoin itself.
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.
-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?
-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?
As quoted governments accepting bitcoin is not possible, because recent days several countries planned of making their own digital currency following bitcoin's Blockchain technology. None made an initiation of adopting bitcoin as their currency. For those reasons quoted by op, bitcoin never falls. So I believe investing through bitcoin seems effective.
-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?
- If you look at overall price increase for bitcoin you can see it have multiplied several time in last few years, so yes we can consider investing in bitcoin profitable and safe till now.-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 can't collapse better to say bitcoin network can't be collapse but there is no guarantee that bitcoin price will stay always top however with increasing demand price of bitcoin will tend to rise in future too.
- If government try to implement tax on bitcoin it will be hard for them to do so and may not be able to implement tax in any bitcoin transaction except when you buy or sell bitcoin from regulated trading platforms.
- Computer are being hacked since it was invented so you have be careful about protecting your computer from viruses and malwares. You can create bitcoin paper wallet in offline computer to not share any of your private key over internet.
-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 investment is both a risk and a benefit. Just like forex exchange it has ups and downs and sometimes the market crash. Bitcoin is also like that, like any other investment risk is also included in it. There are no perfect business as such there are no perfect cryptocurrency. There is room for success and a room for meltdown depending on the market conditions. -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?
most people work out how much money they waste on fast food that literally gets flushed down a toilet 6 hours later.
this disposable income that is used for temporary gluttony but permanently lost is the amount people could/should invest in bitcoin, that way its not deemed a "risk" because when you think about it logically. its going to waste anyway.
so buying bitcoin regularly doesnt 'hurt your pocket'
if you have excess fiat (savings) some people pre-purchase a years worth of bitcoin based on their disposable income for a year, when bitcoin is at a low.. and then 'save' the fiat long term by not getting fast food for the rest of the year to accumulate their fiat back up to the savings level they were accustom to. thus basically not losing out of some good prices
this disposable income that is used for temporary gluttony but permanently lost is the amount people could/should invest in bitcoin, that way its not deemed a "risk" because when you think about it logically. its going to waste anyway.
so buying bitcoin regularly doesnt 'hurt your pocket'
if you have excess fiat (savings) some people pre-purchase a years worth of bitcoin based on their disposable income for a year, when bitcoin is at a low.. and then 'save' the fiat long term by not getting fast food for the rest of the year to accumulate their fiat back up to the savings level they were accustom to. thus basically not losing out of some good prices
-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?
-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.
-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?
-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?
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