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Topic: Does engaging with bitcoins put you at risk? - page 30. (Read 6798 times)

hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
It puts you at risk but it depends on you on how you are going to keep up with a low type of risk. If you are going to put a good work at bitcoin by growing your investment then it will give you a low risk but a high reward, it just all depend on the strategy that the people will be using so if you are engaging with bitcoin, it is better for you to stay at low risk and do it slowly but surely.
newbie
Activity: 60
Merit: 0
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?

Engaging in bitcoin , It maybe at risk but this is business , how will you be successful when you are always in cowardry and will not engage in bitcoin, take the risks in engaging bitcoin ,all you have to do is to take your investment properly and be safety always because digital business is delicate because of hackers and scammers ,just take necessary precaution.
jr. member
Activity: 154
Merit: 1
Every human endeavor is characterized with risk. Bitcoin is not an exception. In every investment, one is exposed to some certain amount of risk. Engaging in bitcoin is very risky, but one has to take a wise look and study the system well before diving in. 
Risk are every where, If you want to achieve something or you are dreaming of something always consider to face the consequences that you might acquire. Engaging with bitcoins are risky indeed considering the fact of its volatility and we can't predict its up and down. So we can't really say that BTC is always ending a success story, but how to know if it is a success if your not taking the risk?
newbie
Activity: 85
Merit: 0
In my opinion, there is no gamble in dealing with or keeping bitcoins. Bitcoins are even among the safest assets you can keep with ease as it requires no stress at all. So, your risk is very minimal or negligible.
newbie
Activity: 105
Merit: 0
Crossing the street is a risky gamble.  You must measure risk to reward to properly evaluate if you should engage in this behavior of buying Bitcoins.   To me the reward outweighs the risk so I'm in.
jr. member
Activity: 70
Merit: 5
Every human endeavor is characterized with risk. Bitcoin is not an exception. In every investment, one is exposed to some certain amount of risk. Engaging in bitcoin is very risky, but one has to take a wise look and study the system well before diving in. 
sr. member
Activity: 462
Merit: 250
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?

Obviously yes, because investing on a cryptocurrency will not make you earn profit instantly since it takes time before the market price pumps up in the market.
I think it is not related to gambling because we know the potential of bitcoin prices in the future by looking at its development, we don't buy coins randomly right? so you do not need to be afraid of it, but of course the risk persists, because sometimes internal factors such as impatience, panic, etc. will make you lose...
Actually bitcoin is a bit risky but it is worth taking the risk.Since the value of bitcoin is very volatile and unstable,we do not know when will the price rise or fall it it does not follow any sequence or pattern.But people have a lot of faith in bitcoin.Bitcoin is famous due to its volatility only.It has made many people rich.It is the best option for investment purposes.The number of users are increasing day by day even after the fall in price of bitcoin.It is still the most expensive cryptocurrency in the market.
newbie
Activity: 42
Merit: 0
You need to understand first thing that is every investment you make has some risks to some extent, some have much some have less.
Bitcoin or whole crypto place is highly volatile so you are putting your money on something which is a bit risky, but there's a saying no risk no gain, think about risk vs reward.
full member
Activity: 334
Merit: 100
Yes definitely ,engaging with bitcoins put you at risk. Bitcoins are highly volatile and keeps on changing time to time. There is a huge amount of risk in investing in bitcoins. You never know where you will stand in next 1 month. You can become a king in very less time as well as you can become a begger too. Invest only upto that amount which you can suffer even if loss arrises.
newbie
Activity: 236
Merit: 0
Bitcoin has provided tremendous benefits to me, and I feel there is no negative risk here. most just addicted to playing smartphones, because from here I usually access bitcoin, ranging from trading and working on bounty campaign. in addition, everything turns in a positive direction.
sr. member
Activity: 518
Merit: 250
I think anything you put as an investment always put you at risk, I think thats given especially when you deal with money. But as they all say, never invest in something if you cant afford to lose them so that takes risks as well.
member
Activity: 162
Merit: 10
Everything put that you invest in put you at risk. There is no investment with considerable interest that is risk-free, or if advertised that way, it is likely a scam. All crypto investments are risky in a way, but I do believe that it will be the future in the upcoming years.
full member
Activity: 268
Merit: 100
Technically everything with money involved is a risk. It just depends on the amount of risk you're getting. You invest, you risk losing your money due to failure. You go to work to earn money, you risk your health going out to do so. Risk is everythwhere and it's all about understanding and accepting it.
jr. member
Activity: 182
Merit: 1
Bitcoin and altcoins as a investment is a business and any business has its own level of risk. You need to know and prepare for this because the way up is not easy, there are some time you will like selling all and quit
hero member
Activity: 1190
Merit: 500
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?

Obviously yes, because investing on a cryptocurrency will not make you earn profit instantly since it takes time before the market price pumps up in the market.
I think it is not related to gambling because we know the potential of bitcoin prices in the future by looking at its development, we don't buy coins randomly right? so you do not need to be afraid of it, but of course the risk persists, because sometimes internal factors such as impatience, panic, etc. will make you lose...
full member
Activity: 518
Merit: 100
Investing in bitcoin is a risk and if you're wealthy and can take the risk and fear that you might lose your money you're a winner in the end especially when the project is a success but if it's not that's the greatest fear especially now that there are lots of coins in the market.
full member
Activity: 490
Merit: 100
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?
Yes investing in Bitcoin puts you in risk, it’s just like when you’re investing in forex. Even before you got into Bitcoin I believe that anyone that told you about it or any source that you read it from must have told you that it is very risky cause of the volatility. If you are not careful you will lose your money in it, but just like they do say whenever you invest you should have patience cause when the price falls it will also go back up again. It doesn’t go down forever, same as it doesn’t go up forever.
full member
Activity: 231
Merit: 102
It's like any other fiat investment. And every investment put you at risk. And plus, this is online, there is lot of manipulations with price, so yes, it is risky.
hero member
Activity: 2086
Merit: 603
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?

What you are sayimg might have made more sense a few years back, while the attitude of some countries is still not very welcoming towards Bitcoin, its decentralized base gives it the power to overcome these challenges. The market for altcoins is still riskier, and new investors tend to gamble on them, because they all want a quick buck. A huge number of investors pay no attention to the project behind the ICO and are just grasping new opportunities without any required knowledge. So the risky gamble that you are talking about is due to their own greed
hero member
Activity: 2842
Merit: 625
Investments are always risky. There is a possibility of growth in stocks and coins. And we invest in those coins that are more likely to grow. But the probability of a price increase is not a guarantee of growth.
Correct!

There's no guarantee when you put money on an investment and in bitcoin as well. But everyone is bullish here and sure of where they are putting money.

Bitcoin has performed very well for the past several years, it's not that I'm saying there's assured profit but still invest only and take the risk that you can.
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