Other people's opinions can only be referred to. If it is me, I will listen to my own opinions.
I personally have been encrypting for more than two years. I think the benefits and risks are coexisting.
Topic: Does crypto bring more risk than benefit? - page 40. (Read 6528 times)
Cryptocurrency is very risky, but it doesn't mean that it offers less benefits. High risk because it is decentralized and volatile in nature. Decentralization is the opposite of banking which is centralized. Banks around the world have seen the advantages of cryptocurrency in the industry by revolutionizing a lot of usual processes. Even seeing these coins as major threat to banking.
I think this relies upon your hazard administration. In the event that you don't hazard excessively finishing up your arrangements, at that point exchanging digital currencies won't be unsafe for you. On the off chance that you are not a dealer and a financial specialist, at that point I think the more you hold Bitcoin, the less dangerous your arrangement.
I think it really depends on how you look at it and on your experiences in crypto. Well, some of us believes that the higher the risks, the higher the benefits as well. Investors and bounty hunters in higher positions took big risks that's why they are now earning more. But for me, crypto brings much more benefits than risk. It is really up to us to strategized and be careful on when and how to sell, buy, and trade coins depending on the market value.
I believe that any worthwhile investment will always provide more risk than benefit, if not everyone would take it and it would not be such a good investment thanks to the massification, cryptos are extremely risky, and if we are not careful it can be very volatile to have our money here, but the opportunities it has generated are spectacular and I believe that this is the only market where one day you are sitting on your computer watching charts and the next you are celebrating 100k with minimal effort.
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.
I have felt the investment in Crypto and I will say that it is not true, investment in crypto I always get a profit and all this time the profits that I get are very good. crypto does have a big risk but there are still many benefits we get.
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.
cryptocurrencies do have a high risk if they are made into an investment. please share your thoughts in favor of mine statement or against.
Changes in prices that are so fast become a terrible thing for investors.
But if an increase occurs then the investor will get so much money.
If you look at these consequences, crypto should not always be blamed, because if the government and the central bank support the stability of crypto prices can become increasingly real. Only one factor that we need to wait for now is how the government's attitude in dealing with crypto and we are all waiting for the government to provide legal access to cryptocurrencies.
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.
I think cryptocurrency does have a lot of risks rather than benefits, because crypto is very difficult to analyze and guess, if someone who thinks crypto is easy and will make you rich in a quick and easy way then that person is wrong. I think in many industries crypto which must be learned, this business is full of manipulation and traps, novice investors must be vigilant.
A bit suspicious that the president of the central bank in Spain says it, I think they should have more important problems to worry about, I think they still see the cryptos as a threat to their status quo, in part it is true, because it takes away the control to continue devaluing the currency at will to pay internal debts, but they can also see it as an ally, to improve transactions and generate additional taxes, but well, everyone has their own opinion on the matter, the good thing is that this ecosystem is not based on that.
I think it all depends on the specifics of your transactions and actions. And so your knowledge and information about crypto,you don't have to take a loss .
I think crypto gives more benefits than the risk. Best thing about crypto is that anyone can trade from anywhere in any coin they want without even sharing your bank details. In future it’s gonna bring much more benefits.
The market is definitely risky if you let yourself go by emotions to make your decisions, you have to take advantage of the volatility of the market, to do that, people need to be aware at all times of drops and pumps on the coins they own, if done right, the scheme could be a little exhausting.
investing in cryptocurrency is very risky because it is unknown what will happen in the future.
The various banks are afraid of the potential that Crypto brings. If people can instantly transfer money across the globe without involving a bank they stand to lose a lot of money in fees. This is only one of the reasons they dislike Crypto though.
The actual cryptocurrency marketplace offers benefits. Because the beginning from the marketplace, created countries all over the world purchased the actual cryptocurrency marketplace like a brand-new buying and selling as well as expense technique via progressively advanced as well as revolutionary blockchain technologies. I believe nations which have not really utilized the actual cryptocurrency marketplace ought to utilize it instantly to determine the advantages of how the marketplace provides all of them.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.
To return to OP: "Crypto" is neutral. You are completely right. Crypto brings no risk itself. It is accompanied with a new technology, which has big potential for amazing projects, but also attracts speculants, who don't care about the technology. please share your thoughts in favor of mine statement or against.
I agree with You, there is always a risk in any business and type of business. We risk our finances by giving them to the Bank, or by keeping them at home. Because the Bank can go bankrupt, and the house can get thieves. To be successful, you need to diversify your risks.
Risk is in all work or u are house bilder,car mechanic or day traiding in crypto,but if we talking about crypto currency here is the more risk to lose all what u have.Biggest point in crypto is invest smart and in only good projects with future!
Well, indeed, the crypto-currency brings a lot of risk. But in most cases, this risk is justified. People earn a lot of money
More often risk always come our way even life itself is a risk we only try to limit those risk do the nearest minimum so in crypto world you have to first learn it and be dedicated always be willing to learn and I am sure you will be fine
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