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Topic: Does crypto bring more risk than benefit? - page 69. (Read 6506 times)
Of course. Everything new will bring new risks. Cars, planes, computers and smartphones also brought new risks into our life but I guess Mr. Central bank Governor of Spain still using these "risky" things. BTW, last time when those safe and secure banks messed up things in 2007, the 2008 report from my pension company proudly told me that in last year they achieved -28% gains on my savings. Then another -16% in 2009. Since then yearly few percent growth. On the contrary the bitcoin what I obtained back in 2010-2011 mostly for free and a few for a few cents each, now worth about 8000 USD each and it's getting more and more valuable every year. So, thank you for your insightful advice Mr Governor but I'll stick to this risky business .
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If you are going to work with cryptocurrency or in any other field, you will need knowledge and experience, so the investment in cryptocurrency and the rest of the business is risky and unstable
For me crypto brings much benefit for the general public but for the governments and other big institutions, it pose a great threat and challenge for them because crypto removes the power and authority from them and that's why they are fighting and trying to regulate it.
Investments can never exist without risk. There are always 2 options for the development of events - you will either earn money, or lose what you have invested. The same principle with crypto currency.
The cryptocurrency market has many benefits. Since the inception of the market, developed nations around the world have used the cryptocurrency market as a completely new trading and investment method through increasingly sophisticated and innovative blockchain technology. I think countries that have not used the cryptocurrency market should use it immediately to see the benefits that the market gives them.
I am inclined to think that crypto-currencies are more risky than benefits, although it can be said on the contrary, but everything depends on the situation, today the market is falling and bears will not leave the market, and when the bulls come, in their case, the benefits are more likely to win .
There is tremendous benefit in crypto. Believe me Government is just afraid that the masses will have access to a lot of facilities through crypto.
That's right! Risk is everywhere. Even when we leave home, there's a risk of not coming back. Cryptocurrency is a great tool for making money in the right hands 
Cryptocurrency is a great tool for making money in the right hands
They can think like this but I don’t think so because I am watching the benefits and profits. While in crypt’s, it is fundamentally decentralized and the hazard within it isn't characterized in view of how unsteady it is. Exchanging could essentially be your way in crypto to lessen the dangers included, anyway when we're going to talk about the benefit itself. Crypto holds that hazard. In business, you could consider the achievability of a specific business in a region at that point exploit. So Bitcoin is good for invest based on its facilities.
Early entry into the market, or early entry into projects that you think are potential, is the best way to avoid risks. Of course, every investment has risks. Risks and benefits are like brothers.
Well, with every investment, it will always be risky. Crypto of course is of no exempt to that. That's why it has always been noted that if you want to invest prepare to count your gains or your losses. Its never always sure you will gain profit whrn you are investing.
Every investment has some risk. That’s why crypto market has also some risk. But in recent times peoples are investing on bitcoin and they earns lots of profit from this. So i think its benefited for you also.
This is open to discussion and some people can agree while others don't. Benefit is huge, but risk is huge together. This is making the balance in the market in between these two things.
There is always a risk on whatever we do. No risk, No gain. "Only a risk taker can success" as they say.
The question is, what will be the result or how we can prevent failure when we take the risk?
In cryptocurrency we can prevent or atleast minimized failure if we study and understand everything before we invest.
The question is, what will be the result or how we can prevent failure when we take the risk?
In cryptocurrency we can prevent or atleast minimized failure if we study and understand everything before we invest.
If you earn more profit then you can risk for it because without risk you can not make more benifit
It is risky but I think it does not bring more risk than benefit because I gained a lot from this without risking so much. You just need to allocate your time on proper research so you can properly decide and assess on which crypto you will be investing.
Every here should know that it could be very risky to trade cryptocurrencies because they are very voltail. But if you trade the right way, you will make some insane profit that you can never reach with stocktrading or something like that.
If there is a calculation for conversion risk to benefit as a number and if risk can be defined as a number then can some one give me this risk and benefit value please ?
I strongly agreed with your statement. Without risk, you cant achieve anything. Besides, every business have its own risk before it gains success. Even you are the smartest and richest man in the world, risk is always behind you. To minimize the risk, you should prepare your strategy which is applicable in trading in cryptocurrency. Without a plan, you are only digging your own grave.
There's no investment that doesn't bring profit without taking up a risk.
Wait? Is that Central Bank of Spain who's talking? What can we expect from the bankers? They have black propaganda against crypto.
Wait? Is that Central Bank of Spain who's talking? What can we expect from the bankers? They have black propaganda against crypto.
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