Topic: Does engaging with bitcoins put you at risk? - page 16. (Read 6800 times)
I can say that when you invest in bitcoin you're money in on risk already, Just like any other investment instrument there are no assurance that you will have a fortune or even a profit when you invest in it. The market is so volatile that you can see price manipulation of big players in the market. And also bitcoin is not regulated by any government entity so we can say that bitcoin is not legitimate yet and there's no law that can protect you from fraud and any illegal activity regarding bitcoin. So there's so much risk regarding bitcoin, but I can say that Im a believer of bitcoin and risk is essential
Yes if you want to do a successful business then you must have to take this risk and for me the best idea is to participate in this currency and many other altcoins are coming in the world which is also a good way to be in the crypto market.
Yes. Indeed. If you want to succed then you might took all the risk, its either you will learn from it or gain from it. Life is a matter of choice and opportunities. Nowadays, opportunities is there but you always afraid you take it because you think what might me the risk of those opportunities. In crypto market you need to take or hold for a moment to have a better earning because the prices of cryptocurrency is so unpredictable and you need to take a risk to wait before you gain to have a profit.
This is business, and since that bitcoin was being categorized in it, obviously there is risk involvement. Once you are investing your money on it you are risking your capital which you believed you will gain more about it due to the trust you have in the business,isn't right? Especiall, in bitcoin if you buy of course your going to hold it in a long term for believing that it will goes up in the near future, even your risking your investment for it in the time which you are not sure about it but because of trust your still doing it.
You can compare it to dealing with cash, which everyone does.
I guess it depends on what kind of transactions you do and with who.
Every transaction you have with bitcoin is risky, whether you are just transferring bitcoin or you are investing there’s a risk. So before you make move, make sure you are ready for that risk because this market is full of tricks that you must know how to solve it. I guess it depends on what kind of transactions you do and with who.
You can compare it to dealing with cash, which everyone does.
I guess it depends on what kind of transactions you do and with who.
That's definitely true. PayPal just reversed one of the payments made to me for bitcoin--and it wasn't a chargeback, it was PayPal's suspicion. Not sure what the issue was, but I don't want my PP account nuked.I guess it depends on what kind of transactions you do and with who.
I heard many of my friends say, investing in Bitcoin or cryptocurrency is like a gamble. If we are lucky, then surely we will get a lot of money from investing in them. Otherwise, we would seem to lose everything.
Yeah, yeah, it's a gamble. So is buying stocks or artwork.I know this thread was started by someone who needed to start a new thread for whatever reason, and I'm not sure why he's asking what he's asking--but I would say that since BTC is still associated with dark market transaction and scams, people are going to look at BTC transactions and the people who own BTC with suspicion. Why do you think Coinbase cancels accounts associated with gambling? Why do you think banks haven't gotten involved with bitcoin? Why don't payment processors allow businesses to accept payment for things like kratom? They don't want to be associated with vices, that's why. And bitcoin is inextricably linked to them.
There's a reputational risk at best, but I don't care. The banks and everyone else will come around eventually.
Many countries are worried about the consequences of bitcoin caused such as money laundering, drug trafficking ... More and more websites, forums open to entice, guide how to play, how to "dig" Bitcoin. There are websites that offer examples, successful proofs as well as "real" swap transactions from Bitcoin. However, no one can authenticate these "real" transactions in fact.
If business or venture promises a smooth ride (no risk), then run. Investing in Bitcoin is risky considering it is still emerging and at infant stage. One can gain everything and still lose it all. The question I ask myself in any venture is that does the risk worth it?
Every profitable venture is globally is filled with risk, If you cannot take risk then you not ready to earn in life, Bitcoin is still emerging digital currency, several individual has earn from the currency do not be left out because of the risk involve.
Life its self is a risk. Bitcoin is a second risk.I love risk.
One risk I've fallen for is the risk of Price Volatility. The value of cryptocurrencies may change significantly even in a single day, which would mean a capital loss of your investment.
Cryptocurrencies lack the historical track record of other currencies or commodities, such as gold, that could guide whether current levels of volatility are typical or atypical.
Cryptocurrencies lack the historical track record of other currencies or commodities, such as gold, that could guide whether current levels of volatility are typical or atypical.
You can compare it to dealing with cash, which everyone does.
I guess it depends on what kind of transactions you do and with who.
I guess it depends on what kind of transactions you do and with who.
We, as physically and intellectually healthy individuals, strive and survive to achieve our dreams, establish our roles in the society and fulfill our needs and wants. But in order to do this, we are also required to be financially healthy. The lingering fact is that money is not achievable as a single candy you can buy in the store. Sometimes, people risk their lives and reputation just to get a handful. Bitcoins are not officially a currency that you can just see in a certain country, that are being utilized and used. So, is dealing with bitcoins and other things related to it also puts us in a risky gamble?
Even life is a risk, so what is Bitcoin? Of course, dealing with Bitcoin is enough risk, but it's worth the risk. The risk of loosing part or all, the risk of putting up all pyschological system of the body to ensure each step is right, even without clear certainties. The good side is just the intrisic values. There are prospective possibilities of recording excellent profit moves, but it comes with the risks stated above.
We, as physically and intellectually healthy individuals, strive and survive to achieve our dreams, establish our roles in the society and fulfill our needs and wants. But in order to do this, we are also required to be financially healthy. The lingering fact is that money is not achievable as a single candy you can buy in the store. Sometimes, people risk their lives and reputation just to get a handful. Bitcoins are not officially a currency that you can just see in a certain country, that are being utilized and used. So, is dealing with bitcoins and other things related to it also puts us in a risky gamble?
in living this life we are always required to choose. and in every choice there is always a risk that we must accept. investing in bitcoin and cryptocurrency is risky but also promises huge profits. but we cannot think by joining bitcoin we will immediately become rich. it's not wrong thinking. everything needs a process. success can only be achieved by hard work and patience.
It surely does even if you're an accomplished investor. But if you learn carefully about all the nuances you can will be aware of the risks and minimize them.
We, as physically and intellectually healthy individuals, strive and survive to achieve our dreams, establish our roles in the society and fulfill our needs and wants. But in order to do this, we are also required to be financially healthy. The lingering fact is that money is not achievable as a single candy you can buy in the store. Sometimes, people risk their lives and reputation just to get a handful. Bitcoins are not officially a currency that you can just see in a certain country, that are being utilized and used. So, is dealing with bitcoins and other things related to it also puts us in a risky gamble?
For me, Its a yes and this risk will make a challenge for us to continue strive here In cryptocurreny to earn money, either make Investment In different altcoins or participating in such ICO bounties campaign. And we don't have nothing about putting away the risk In any kind of Investment, there always be there, so for our side we must keep strong to survive In any kind of situation.
all jobs must have risks. so is bitcoin
I actually don't see any risks in working with BTC and crypto as a whole. What can be wrong with it? It is probably safer that cash etc.
I think in the world of cryptocurrency, all of them have risks and you must be able to fight and exceed the risks that exist to be able to get profits, but you need to remember that the most important thing is that you must have trading skills.
Well you certainly can compare it to gambling and other risky things but to me it's more than that. It's investing and putting your finances in some other state of being, and it's interesting.
It may put at you at various risks, but most of situation depends on yourself, other story is when the government is seriously against crypto so in such case you can be at law risk.
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