Topic: Does engaging with bitcoins put you at risk? - page 26. (Read 6800 times)
Bitcoin is not illegal and as such engaging in it wouldn't put u at any risk, the only risk u may have is losing funds due to poor trading skills and habits as such it is always advisable to make sure that u get some coaching on how the cryptocurrency market works for better trading decisions.
maybe it can be a big risk if we don't learn anything about bitcoin so we can lose our money in the trading or in other programs. but if we can learn about bitcoin and the way to earn more bitcoin, then I think we are not put our money to the risk because we can earn bitcoin from our way. as long as we can be wise to invest our money in bitcoin then I think we don't have any problem with what we do in the cryptocurrency. people just put their money on the risk if they cannot think that to earn money from bitcoin, they need to have a knowledge and strategy so they can be able to earn money.
Bitcoin has dangers to it yet not everything identified with it incorporates hazard. Traders that utilizations installment processors like Bitpay is one case that doesn't endure any dangers in tolerating Bitcoin. Managing Bitcoin as a cash or speculation puts you in an unsafe circumstance on the grounds that the cost moves each moment you don't know whether it'll build/diminish its esteem the following day. The individuals who are new generally say that it's awful for Bitcoin however for others, it can be something to be thankful for.
If you invest in bitcoin, you are really risking your money which you cannot know if the price will increase or decrease. So it's better to research so you will know when to invest.
Dealing with bitcoin in my country is not a risky process but turning the cryptocurrency into fiat can cause big problems in terms of taxes in the future. Because there is no legal regulation yet.
Yes as the government especially banks putting their eyes to those who can't support where their money came from. And banks have little knowledge of crypto currency that's why they didn't honor it as source of income.
Of course risk is everywhere in cryptos, so if you don't have the balls to carry all these then you should be thinking right now.
The fact that bitcoin exists in a virtual realm speaks for itself that it’s truly risky. Its price is quite volatile or unstable, and it is illiquid or could not be easily converted into cash. It is also unregulated, which only means that if the government declares it as something illegal, its existence and usage in the market would be dissuaded, resulting to depreciated value. That’s why many countries are still not adopting the idea of it, despite its popularity and the convenience it offers. These are just some of the factors that put anyone adopting it at a great risk.
You have to take the risk if you want to be a successful, but in bitcoin there's a big risk involved but also has a big chances to become a successful in financial, So don't afraid to take the risk.
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 terms of financial issues, it is possible but not certain. There are a lot of successful individuals that engage themselves in crypto world on the other hand. Being said it was not certain there are bunch of possibilities to become MILLIONAIRE BECAUSE OF IT so don't ever stick to the idea that crypto or specifically bitcoins just bring risk.
I think all the activities you do when you live all of them have risks, you have to dare to face the risk so you can get a lot of profits, the higher the risk that you experience then the results will also be higher.
It will only put you at risk if you cannot really handle the market's volatility since the risk will always be depending on how much you invest on the market.
Of course it does, cryptocurrency requires money for you to have some. Anything that requires you to invest money, skills, or even effort requires risk. There's a chance that you can lose your money and waste your effort in crypto if you make bad investment decisions. That is why you should just invest only the amount you can afford to lose.
I think yes, investing in bitcoin or in any kind of coins in crypto has a high risk to lose your capital if you dont know how to manupulate the system in cryptocurrency. Before we enter in investing its better to study first about cryptocurrency, having a wide understanding gives us a good possible profit in the end.
Bitcoin has dangers to it however not everything identified with it incorporates chance. Dealers that utilizations installment processors like Bitpay is one illustration that doesn't endure any dangers in tolerating Bitcoin. Managing Bitcoin as a cash or speculation puts you in a dangerous circumstance in light of the fact that the cost moves each moment you don't know whether it'll build/diminish its esteem the following day. The individuals who are new for the most part say that it's awful for Bitcoin however for others, it can be something worth being thankful for.
The very first thing that you should always put in your mind before engaging into crypto investment is the volatility of its market value which means bitcoin and the rest of cryptocurrencies are very risky. As an effect of plunging down its market value, it may be the reason too that will push you to sell your crypto holdings at a low price.
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?
I believe that bitcoin will not be able to become a regular currency and replace Fiat system. Fiat money has been around for more than 100 years, replaced by digital money or non-cash. Cryptocurrency, in particular bitcoin I am ready to compare with the asset. A digital asset compared to gold or diamonds. Bitcoin is small ))))
All of the investment markets that you do not know the essence of, it is the risk that you lose money. If you learn a lot, have more knowledge to invest, it will be your opportunity to grow. for this market also.
the risk is worth the while, its an intended and unavoidable risk one must take, yesbitcoin prize is currently going up and bitcoin investors are happy to have take the decision to invest, but for those intending to enter the market, they may be skeptical not knowing the next thread the market may switch to. but at the end taking a risk to invest in bitcoin is a calculated risk that is worth taking.
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?
Having the fact that you are spending a lot of money here without an assurance of gaining it back again or higher, you are indeed putting yourself at risk. Though that is the situation, you should not be too afrauid to take a risk or else you won't be able to gain anything from here. Being afraid brings you nothing but disappointment so be brave atleast to risk some of your money here in bitcoin.
At first yes of course, cause you don't know what may bring me after investing. But when i came to familiarized myself with the business, i came to know some strategies on how to do it properly.
I think that it isn't possible to profit without risk
For me, if that risk the change is better life for the future, i will take it. Risk is always there in every investment, all you have to do is make it wiser.
I think that it isn't possible to profit without risk
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