Topic: Does crypto bring more risk than benefit? - page 64. (Read 6506 times)
Good benefit always means that you invest in something with high volatility in order to make money on its growth. So, if you are waiting for the big growth be preparedto mitigate risk, which is one of the crytpo development drivers.
All central banks will make statements like this. Crypto currency is a direct competitor of the banking system.
Just imagine how much money banks will lose if people start to make transactions in the crypto currency.
In spite of everything, the popularity of the crypto currency is growing.
Just imagine how much money banks will lose if people start to make transactions in the crypto currency.
In spite of everything, the popularity of the crypto currency is growing.
I think that crypto currency bring more profits then risksBTC
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.
Investing in crypto is really risky like trading that's why you have to practice the 'calculated risk ' so you minimize huge losses.
I agree that, there is many risk in crypto. But I think risk in crypto not too much from benefit. Maybe Bank just afraid from crypto which can overtake their income.
It could bring both because that is how it works when it comes to investments and making money especially from the cryptocurrency market. There is no way that you are expecting to make profit if you are not willing to risk your money into it but the truth is that it does not bring more risks than benefit to the investors. You can also look at it from a 50-50 angle
If you can easily convert your crypto to fiat in your country then there is no big risk investing in cryptocurrency. But now some countries are putting a lot of conditions for crypto users in this situation if you put your money in cryptocurrency then it is a big risk.
It could bring both because that is how it works when it comes to investments and making money especially from the cryptocurrency market. There is no way that you are expecting to make profit if you are not willing to risk your money into it but the truth is that it does not bring more risks than benefit to the investors. You can also look at it from a 50-50 angle
I agree only in part. It depends on the investor, the distribution of capital by instruments. Several investors in the cryptocurrency may have different situations - someone invests only one coin for long periods, he has more risk. And someone distributes their money differently - investments for a long time, for an average period, purchase of bitcoin, etc.
Encryption does have many risks, but not all. I mean most encryption is risky. Only a small fraction of the tokens can give us huge returns.
generally in every business it is all about risk so i wound say there is always a risk and a reward
any job you do there must be called risk and benefit, big talk if not risk and benefit.
Risks and benefits depend on ourselves who do it.
To avoid that risk you must be extra careful and understand in doing so so there is no risk and get benefits in it.
Risks and benefits depend on ourselves who do it.
To avoid that risk you must be extra careful and understand in doing so so there is no risk and get benefits in it.
I believe that risks and benefits coexist, and do not need to be too pessimistic. However, we must make the worst plans before investing. This will allow you to calmly cope with everything that will happen in the future. I hope we can all learn from it. Profit in this industry.
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.
Of course crypto has risk especially business risk as the value of crypto is very volatile but it is because crypto is still new, they will find a way to reduce the risk or eliminate it completely and later we can see business starting to use crypto. That's shy you have to consider a lot of things when you want to invest in crypto. please share your thoughts in favor of mine statement or against.
All business involve risk taking, I agreed that in cryptos risk involve is greater than the benefits, but at the same time if you're strategic enough I think you shall overcome the risk and have your benefit. Just be patience to reduce the risk.
I think the risk will come with benefit and I am sure that if we know how to manage the risk, we can also take the benefits and maybe we can reduce the risk to get the benefit. and if we want to invest in the crypto, we need to know about the risk because in the crypto, the price is volatile and no one knows what is happening in the next minutes. so we need to learn about managing the risk to get benefit in the crypto so we can make a profit.
honestly it is true, the risk in the world of crypto is greater, especially for beginners who try luck in crypto world, crypto does look promising, but we must be very careful, my suggestion for the beginning, use a little capital first, and do not ever put it all in crypto
if I do not think of investing in the crypt, then this is a very big risk, and you can lose everything (So think before investing
Of course a central bank governor will defend his interests. But when he said it, in fact he was thinking hard how Altcoin could fit in one of his bank products.
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.
benefits , of course . these banks are the biggest beneficiaries of the current financial system . encryption will break this system . in the future , people no longer need a bank
when you are bank - you get more risk than benefit from crypto. When you are cryptotrader or cryptoinvester you have more benefit than risk.
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