Topic: Does crypto bring more risk than benefit? - page 31. (Read 6506 times)
I think that as long as people understand the knowledge about the field of cryptocurrency and maintain a good attitude and keep calm when the cryptocurrency market falls, then I think encryption brings more benefits, not risks, and risks are often Is caused by people themselves
You know, we risk every day and not only in crypto but in the real world. I believe that in a crypto risk can be justified by a huge profit and I'm ready to take risks.
I think this is normal that governments don't want crypto because it makes tax evasion easier and if it were to become mainstream, then that would result in less demand for fiat currencies thus a loss of value for the national currency
In every thing in this world, there is always an attached words RISK. And if you can take a risk, your step to greatness will be minimal. I rather take the risk and learn how to survive from it than scare and remain stagnant. Many people had made it big on crypto, if they didn't endure the hardship they might not be where they we're today.
I think that cryptocurrency brings more benefits than risk, and to reduce the risk we need to better explore the cryptocurrency world.
First and foremost, we all have to be clear about this; nothing that will turn out good won't come with risks. Despite the fact that the Governor's claim may be false, crypto has it's risk which can ruins a man's career if its isn't handled carefully.
Practically, the benefits attached to crypto is much more than the risks especially if we are to consider this in the long run.
Practically, the benefits attached to crypto is much more than the risks especially if we are to consider this in the long run.
I would say it depends on the way each person sees it and understands it. There is no business that does not have its own risk involvement. Anyone who desires to make big profit in any business, does not need to focus too much on the risk else the person will not want to make attempt. The only thing that I think could limit the level of risk is knowledge acquisition. As far as crypto is concerned, I think the benefits is much more than the risks peradventure there is an adequate knowledge available to the person that is participating in crypto. Though, still there could be some risks, but nonetheless it will reduce when there is enough knowledge on how to go about any investment aspect of crypto.
Every business has it merits and demerits, likewise crypto, we must be able to bear the risk we might have face
Absolutly right - crypto sphere is the most possible high risk investments. My advice for that who dont ready to lost money - do not invest in crypto and do not sell your cars, flats, etc. Keep your mind cold.
there are indeed so many people who say that, but the fact is that many people get rich from crypto, crypto is a golden opportunity if you can use it to its full potential, for example buying when the market is the lowest, and selling it when the price is highest, it sounds easy, but very difficult to predict
I think the risk is justified only by the unwillingness of the government to legalize this instrument, thereby deflecting itself from the banking system in some moments
Opposite belief, for me crypto offers more oppurtunity to gain profit than the risk. If you are smart enough in this field. Have sufficient knowledge to decide a good decision then you will win for sure. Crypto is an easy money that someone can earn even multiple times of his investment. Really can create a huge amount of money just by a good researcher.
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.
please share your thoughts in favor of mine statement or against.
Every business for sure goes with a measure of risk so,cryptocurrency is not excluded, but all the same crypto has been more profitable than any other market and many have make millions out it.
Though there were a lot of risk in crypto, but it depends on self interest and opinion on the certain coin someone is investing
in every business there is the risk factor, therefore i wouldn't say that crypto brings more risk than benefits, all you need do is to do your research well before investing in a particular crypto project. if you have to trade then learn the trading and understand the analysis. there is a benefit in crypto if you thread with caution and avoid greed .
Everything in our life have a percentage of risk, so the risk in crypto is very normal and is not easy thing to be in crypto market.
Choose good the project and belive that Cryptocurrency gives an excellent opportunity to learn and to earn.
Choose good the project and belive that Cryptocurrency gives an excellent opportunity to learn and to earn.
Nigeria central bank governor also said people doing cryptocurrency are gamblers. You can't trust all this bank governors, though there's risk in cryptos but people (central bank governors?) are the biggest player manipulating the market.
Everyone know that the higher risk = higher benefit, so cryptocurrencies are rhe high risked assets, but you can make 10000% in a month!
Crypto currency is a very big risk. Everyone should remember this if he decided to invest in the crypto currency. Crypto currency can bring you a very large income, or big losses.
Risk are already in every business and investment. it is only up to how to handle the risk. Crypto are risky, yes it is right but it is more benefit in crypto than risk if you have enough knowledge about crypto, about investing,about trading and doing any business inside crypto world. Risks and benefits is always in your hands.
crypto currency already has a multi-million audience of consumers, and its application in the real world is actively gaining momentum and in the future will only grow
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