Does engaging with bitcoins put you at risk? - page 28.

7Dyoknga5

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Quote from: DeimunHailstrom on July 13, 2018, 01:55:57 AM

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?

Any object that has value and has a power to purchase items is a source of greediness.

Striving for success and have a good fortune is a natural behavior of humans that's why we are on top of the foodchain.

The only problem is, how and on what process have you achieved or acquired it.

Mhd-Bobbi

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Quote from: neliawesome on July 13, 2018, 03:42:04 AM

Every investment needs to take a risk.If your mindset is that if you joined bitcoin to become rich then just quit because its not that easy to do.Success came from hardwork and theres no successful businessman that doesnt take a risk.So everything need to take risk to achieved all you desired and to be successful.

I agree with your statement.
No one can get rich if they do not work hard. All must have risks. But all that is their choice. Those who work hard will get good results.

Bellator

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Quote from: DeimunHailstrom on July 13, 2018, 01:55:57 AM

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?

Everything in this world were looking for a luck and involving in cryptocurrency is always be at risk that is why we must open our heart and mind for any possibilities and circumstances but i also see it as a blessing because it actually helos every individual to lift up our way of living through bitcoin.

dobladonadouble

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Bitcoin is business. And business demands risk-taking. Bitcoin doesn't just encloses with profiting money, but having your decisions and works at risk. At the end of the day, it is still depends on the people if they're gonna work on what they have risked and make it something more profitable and beneficial.

AniviaBtc

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Quote from: carlisle1 on July 13, 2018, 07:51:17 AM

Quote from: DeimunHailstrom on July 13, 2018, 01:55:57 AM

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?

It depends on how you will deal in bitcoin or cryptocurrency because investing your money on this is very risky.but investing your time wasnt

Because you can just invest time and effort to deal and make your way inside,how would this possible ?by joining bounties,and airdrops from this we can gain token or coins that can convert to fiat and then to bitcoin so gaining bitcoin without investing or risking money

None of the supposed investment is negative Risk what so ever, Investment in Bitcoin is Risky, you may lost the amount of investment anytime of the day if were not monitoring your investment, protecting it as well, all possible time and effort you put in either on campaign or what ever forum, there is always a degree of Risk involved, e.g. in Bounty Campaign not all Bounty Campaign are paying their participant, some are even Scam.

Colt81

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Quote from: DeimunHailstrom on July 13, 2018, 01:55:57 AM

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?

Actually we dont, lack of knowledge brings us to the risk of this platform it sends us to the people who may steal our money, and fool us, without further knowledge what Bitcoin is all about, how it works, how it was done and how can you be able to obtain money without being ridiculous to someone's eyes and I guess that is through researching.

destiny100%

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I do not think this is risky. I think this is an opportunity for me to learn to invest and get money. Currently I spend a lot of time to learn to invest in this market. I hope that I will receive some good money with what I am trying to achieve .

louie69

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In every investment there is always a risk and that involves btc in it. However, such risk can be minimized provided you had enough knowledge and skills about btc since you will be able to analyze the market trend. The most important thing to do is hold when market is down and you may sell your btc once you will be able to make a profit.

thefatman82

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Quote from: DeimunHailstrom on July 13, 2018, 01:55:57 AM

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 now in my area where I live it is not a risk or a danger to hold or earn from bitcoins and I don't know my bank is not concerned about my earnings that are going onto my credit card.

coinscircle

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Quote from: DeimunHailstrom on July 13, 2018, 01:55:57 AM

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?

You can see that at this time involved in very high risk trading, although bitcoin prices in the past few days are steadily rising and are in uptrend in the short term, but long-term bitcoin prices are still in the sidelines. Period decreased. And altcoin is still very strong and has no signs of recovery, so at this point I believe you should limit the transaction, always have a clear plan before the transaction to be minimized risk.

odri777

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The risk is a necessity in the field of crypto-currency, and here no one is insured, and you choose to take risks or not!

chalkboard17

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Quote from: beckspace on July 29, 2018, 05:11:06 PM

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.

That used to happen in my country too, when bitcoin is still something strange and mysterious to most of our people and the government so there has not been any regulations for bitcoin. But when you suddenly had such huge amount of income, they would suspect you and try to get more money away from you. Ever since bitcoin became so popular last year, they started to pay more attention to bitcoin and began to realise what it could do to their bank systems. They have not given any laws or imposed any taxes on bitcoin but they keep saying that they will do so and also spread fake news about bitcoin to scare people away. I could say that it is complicated here in my place.

julzcoinbit

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Quote from: DeimunHailstrom on July 13, 2018, 01:55:57 AM

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?

Once you're In the world of cryptocurrency you were already engaged In risk Investment, even In a stock exchange still has a risk, but more risky here In bitcoin. Its more risky here because of the votality of bitcoin, we might predict when Its going to fall or Increase value.

Ekimzjames20

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Quote from: traderethereum on July 30, 2018, 03:08:20 AM

Quote from: beckspace on July 29, 2018, 05:11:06 PM

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.

don't worry, the government will not apply the taxes for bitcoin user for this year and maybe they don't apply the taxes in the next year because it still needs a time before the government can apply the taxes. I think it's not a risk because I think it's normal if the government wants to use the taxes for bitcoin user because I am sure that the government wants to get more money from another income. and if they can get more money, I think that money can be used for the country too to grows the economy.

If you are an investor you're always at risk even not in bitcoin. Risk is part of the sucess of the investment, to achieve your goal in life. If you afraid of risk you are not totally an investor.

traderethereum

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Quote from: beckspace on July 29, 2018, 05:11:06 PM

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.

don't worry, the government will not apply the taxes for bitcoin user for this year and maybe they don't apply the taxes in the next year because it still needs a time before the government can apply the taxes. I think it's not a risk because I think it's normal if the government wants to use the taxes for bitcoin user because I am sure that the government wants to get more money from another income. and if they can get more money, I think that money can be used for the country too to grows the economy.

yndye

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Quote from: DeimunHailstrom on July 13, 2018, 01:55:57 AM

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?

If you are scamming other people just to get some coins then it would be risky for you and for your family if people find out who you are because they will most likely make you pay for the coins you got from them. If you are earning it in legal means then it would be less risky for you and the risk involved would be that the price would go lower than the time you have acquired it which is a loss for you or you being scammed or hacked because you would lose your coins.

zanezane

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Quote from: beckspace on July 29, 2018, 05:11:06 PM

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.

NevejElad

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Yes ,engaging with bitcoin put me at risk , this is because cryptocurrency investment is a risk ,for it involve money and transacted digitally in the internet, one of this risk is the hackers ,another are yhe scammers , but it can be minimized the risk in bitcoin investment ,simply by taking and managing your investment well with extra careful and safety, so digital transaction can not all be trusted .

Kimi80

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There's certain amount of risk but we still can not know how big that risk can be. You find a job, something that people do for years, decades, centuries. That way you get money so you can live. But there's still risk of getting fired, but it's a different level of risk on getting fired and risk of doing bad of engagement in Bitcoin. It's much safer with regular job.

neite99

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Actually we see that every investment has its own level of risk, bitcoin is also an asset and can be considered as the other investment as well which is not different from any investment when it comes to risk, but you don`t need to be rich before you invest because there are so many individuals which have gained so much with only a small investment.

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