Does crypto bring more risk than benefit?

nonbody

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Quote from: ClaytonLWils on May 23, 2018, 10:49:44 AM

Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.

please share your thoughts in favor of mine statement or against.

I believe that the risks and benefits of investing in cryptocurrencies are coexisting, so we need to diversify our investments to reduce risks.

chabapok

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I can not see any risk of cryptocurrencies. Yes now market is really volatile but that is not mean risk. That is our money and we can to invest in crypto. We can invest some stock exchange and these companies can crash also. So high risk high gain. I can not see any risks of cryptocurrencies. Yes there are too much scams but not different in real world.

Sanchos

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Blockchain brings advantages for people. Cryptocurrencies are risk asset for investing. They can bring lose of money of ordinary people.

kotajikikox

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Risk is a challenge to got benefits, risk is part of any kind of investments even investing in the fiat money have risk entering in the trading need to accept before they can recieve benefits need to face all challenges to reach the goals in life.

jaypete

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I think it is not possible to obtain good earnings without accepting the risk phenomenon. Risk is a key factor in the crypto money market. You should read every day to have enough knowledge new news. Also follow the opinions of experts from social media channels. Cryptocurrency is a perfect working area.

Ladysmith

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The amount of risk depends on the amount of investment relative to your net worth, but if you know what to look for in a cryptocurrency, you can make a lot of money.

I look for practical usability and security. It has to be easy to manage and control your investment, otherwise it's basically worthless and you can lose everything.

overnight03

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It depends on each person, if you can make money from the cryptocurrency market , I think cryptocurrency brings more benefit than risk for you .

West0813

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Cryptos are really risky. Only if you don't know what you are doing. I take all the risk in cryptocurrency and in the end I benefit so much from it.

DominickA86

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It depends. If you believe in crypto and thinks that it is going to change the world than there are no risks at all. You are just buying some coins and waiting till the better times. For approximately 3-5 years and take profit.

entebah

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I think cryptocurrency is currently safe to invest because the price is stable and not too far down in its movement. You can see the price of Bitcoin has so far experienced very slow price movements, so you can take advantage of that moment to trade in the Altcoin market. Because if the bitcoin price is stable on the market, it will be very good for Altcoin in price movements.

goku1525

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Quote from: active706 on October 30, 2018, 04:20:44 AM

A lot of banks are afraid of the crypto. If humanity starts to transfer money without involving a bank, they will lose a lot of money in fees, so it`s normal for banks to dislike crypto. What about real benefits - crypto it`s a very promising currency and this cost all risks.

I agree with tou mate,I doubt of bank accusing about cryptos that will bring more risk than benefits because in my perception the more risks involved in the investment the more you gain profits. Bank could say about that because they're afraid in the future that seems they think will replace by a crypto, thats why they keep criticizing on crytpocurrency.

active706

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A lot of banks are afraid of the crypto. If humanity starts to transfer money without involving a bank, they will lose a lot of money in fees, so it`s normal for banks to dislike crypto. What about real benefits - crypto it`s a very promising currency and this cost all risks.

mashino12

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you need to be careful and understand that crypto, like any other type of investment, is very risky

money_forever

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At the moment, the cryptocurrency is very risky. That is why most investors stopped investing in crypto and went into more reliable assets.

kamandanu

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In any business where there is money - there are risks, especially in crypto, where it is difficult to understand and predict a race or decline. Many people lost everything by investing incorrectly, but there are also many who now live a rich life. If there is money that is not critical to lose it can be used as the profit can increase tenfold.

winstonchurchillwar

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Any market carries the risk of loss, but do not forget that the prospect of the cryptocurrency market is very high, and if you do not risk,it will not work and you will not become a successful person, but this is my personal opinion !

queennathalia

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Quote from: ClaytonLWils on May 23, 2018, 10:49:44 AM

Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.

please share your thoughts in favor of mine statement or against.

The governor was right, And the eventually of cryptocurrency has already done. We need to wait again the right time for the 2nd round of the most famous currency again. Crypto are involve on the multiple scam accusation, Scammers destroyed the crypto reputation.

seikalord

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Quote from: ClaytonLWils on May 23, 2018, 10:49:44 AM

Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.

please share your thoughts in favor of mine statement or against.

every matter is always depends on how you bring on it and crypto is the best example for this. You can have both of it, its gonna take much risk if you are into all of it, just give a portion of it, not all.

darkr

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I agree that there is a risk everywhere but without a risk you cannot make good profits. You just need to carefully examine everything before investing your money.

Cashi

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Well, you have to do your own research everytime, if you don't do so, it has more risk for sure. But if you are carefully you can minimize your risk of getting scammed or losing money in risky trading. Crypto is a good opportunity for all to benefit if you do right decisions based on good research.

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