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Topic: Does engaging with bitcoins put you at risk? - page 32. (Read 6798 times)

member
Activity: 176
Merit: 12
Risk factor is involved in every field,It is also experienced high risk high profit.If we deal with rationally we can minimize the risk factor.Bitcoin is full of opportunities you can earn maximum in Bitcoin platform,Engage your skills and your skills will paid highly here. Bitcoin is future and the day is not far Bitcoin will rule over the world.
member
Activity: 700
Merit: 14
For me, that depends on how you are going to engage. If you put everthing to bitcoin like selling all your assets or your job is paid with bitcoin, than it's a big YES! But if you are only a trader using a portion of your wealth or invest a little then you are not at risk. Other reasons that can put you at risk is from what country you live in. Some countries are against bitcoin so it may put your life at risk as they may see it as illegal.
jr. member
Activity: 448
Merit: 1
Yes, joining this Cryptocurrency is very risky for me. I can lose money, but I can also earn money. even more, I often spend my time by watching my smartphone, which I use to trade Crypto, which always monitors the price of coins. And also my time runs out because every time I use to hunt bounty, to earn extra money. so there are so many risks that I feel, when I enter Cryptocurrency.
legendary
Activity: 3206
Merit: 1213
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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?

Every kind of investment is risky and we should just be brave and strong enough to take all the risks to get a good gain. Without taking any risk, we would be able to get closer to what we want because risk taking is a step closer to our dreams. If we aren't ready for the possible consequences, we won't gain anything.
As stated each and every investment has got risk associated with it, very few has got the courage to risk and gain good return from the investment. Into bitcoin is good when one has got the understanding about the same, most of the users who consider it a risk could have faced a loss expecting big return with small investments which is not a possible thing.
newbie
Activity: 91
Merit: 0
For me, any business or investments has a risk. The fear of some questions like, Is this business is profitable? Can we benefit of what we had invested? Just like bitcoin investing on it take a big risk. And i will take a risk in my investment of bitcoin.
jr. member
Activity: 154
Merit: 1
There are always risks in business and if you want to make BIG gains then you'll have to take BIG risks too. In last few months, Bitcoin hasn't moved much up or down after the January's hype and dump. So I don't think engaging in Bitcoin puts us at any risk.
And the bigger your investments the bigger is your fear and the more risk you will take. Bitcoin has not yet recovered today but let us just wait.
Overall cryptocurrencies are a risk, but with good timing, planning, research and a sticking to your plan will help you in the long run, even with big risks it will be easier.
jr. member
Activity: 126
Merit: 1
If one is literate in this field and constantly trained, the risk of losing money by trading at the crypto currency is minimized. It is necessary to constantly monitor the news and be aware of the situation on the market, and most importantly understand what is happening.
sr. member
Activity: 630
Merit: 256
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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

Tell me more about it. Do you really think bounties are that much successful these days. I mean there are rare chances we may find 3-4 bounties amongst the 50+ bounties that we participate in which can give us huge returns over our efforts and time.

Thats not risk for sure, because all you waste it your time and not the real money thing. For those who has more importance of time shouldn't be risking their bits here as they will end up loosing hopes here.
newbie
Activity: 35
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?
Bitcoin has dangers to it however not everything identified with it incorporates hazard. Dealers that utilization installment processors like Bit-pay is one illustration that doesn't endure any dangers in tolerating Bitcoin. Managing Bitcoin as a money or speculation puts you in a hazardous circumstance on the grounds that the cost moves each moment you don't know whether it'll expand/diminish its esteem the following day. The individuals who are new for the most part say that it's terrible for Bitcoin yet for others, it can be something worth being thankful for.
sr. member
Activity: 742
Merit: 397
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?

Every kind of investment is risky and we should just be brave and strong enough to take all the risks to get a good gain. Without taking any risk, we would be able to get closer to what we want because risk taking is a step closer to our dreams. If we aren't ready for the possible consequences, we won't gain anything.
newbie
Activity: 210
Merit: 0
Every investment that we take entails risks, including bitcoin. To achieve what we want in our lives, yes we do everything to have it, taking risks and all. In bitcoin there are risks, but of course it would also requires us to be emotionally and physically ready for it.
full member
Activity: 364
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 it is putting you at risk because the market is volatile so you will never know when will the price is going to pump or dump in the market.
hero member
Activity: 1139
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?

It's probably true that engaging to bitcoin can put us at risk, but always remember that almost everything here in this world that is related to money is totally risky, specially in investing. So engaging in bitcoin is just like taking a risk outside this crypto world and nothing to fear of anybody.
Risks are part of the game, however, I don't think it's something to be afraid of. It takes bravery, willingness and acceptance when engage with bitcoin. To overcome risks is to gain knowledge, be committed, and be patient. Risks don't always imply fear, it's also the best platform to explore and grow productively. At the end of the day, it's all our choice if we choose to settle for ordinary or go extra mile.
full member
Activity: 1048
Merit: 101
true, engaging in bitcoin is a risk, first we are risking money that normal people say this does not make sense because it is not in the tangible form, then bitcoin values could have been manipulated (this is still a possibility). I think the risks involved in doing business and doing something are must exist, but behind the risk there is also an advantage / benefit / profits.
hero member
Activity: 1554
Merit: 880
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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's probably true that engaging to bitcoin can put us at risk, but always remember that almost everything here in this world that is related to money is totally risky, specially in investing. So engaging in bitcoin is just like taking a risk outside this crypto world and nothing to fear of anybody.
hero member
Activity: 3080
Merit: 603
So, is dealing with bitcoins and other things related to it also puts us in a risky gamble?
There's nothing in this world that doesn't have risk if you want to gain something. Risk is associated with gamble so everything that you are taking with risk is a gamble.

I'm not even taking of engaging with bitcoin and having it as a risky thing, you are just overthinking that much and its possible that you don't even have it.
I think being with bitcoin is somewhat taking risks already.Investing in it does not give full assurance that we will gain  profits all the time because the price always fluctuates.The price may up this time but maybe in the next hours,it has high chances to fall.But having this high volatility will give us hope even more to be rich in the nearest time.
Yes and that's what I've said, you are with risk already if you have bitcoin. How? as you mentioned the price fluctuates.

So if the movement was positive, the risk was worth it if the movement wasn't so good for the past weeks to months then you have the consequence and that's the risk.

But most of our experiences, taking up risk with bitcoin is always worth it year after year.
newbie
Activity: 42
Merit: 0
Any investmet is risky, therefore, the smartest way to invest in digital assets is to build a well-diversified portfolio based on your risk preference and investment goals. Such a portfolio would likely include a substantial holding in bitcoin and small exposure to promising tokens. I have found a trustworthy project. It is called Socratus.  It is an insurance ecosystem which provides a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem. Their main aim is to create a win-win insurance whereby you get instant claim payment,  fair and transparent dealing and friendly prices. They are also helping insurance companies to reduce costs (it can be reduced from 15 to 25 %) and get their business on a new level. Also, they are powered by Smart-contracts & Socratus Oracles. It means that there is no more solo human decisions to pay or not to pay, no more lingering manual claims handling procedures.
newbie
Activity: 69
Merit: 0
Yes it does and i think all investments have a risk whatever investments is that. Risk is part of investment. You can't avoid to take a risks if you do an investment but you can control or handle it by knowing whats really the field that you want to involved in.
member
Activity: 448
Merit: 10
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 my opinion, yes it is a risky thing to be involved in a volatile market like in cryto world. We aim to gain profit or wanting it more than what we want. That's why we give effort, time and money for that matter.
If we are really into investment and we do accept the risk,  we will do our best to engage our time finding each advantage that we can get, researching and studying the market for the best of our interest will bring skills that we can use to avoid and lessen the risk, its all about how we deal with something that we fully understand to justify the risk or take the outcome.
Risks are innately part in the field of Bitcoin and we must learn to accept that reality. Bitcoin is highly-volatile and its price is constantly changing ups and downs. However, what we can do is to realize that bitcoin is valuable and profitable, and it depends on us how we manage to gain more knowledge, manage risks constructively, and explore creative ideas for progress. Learn to strategize, welcome challenges, and still be positive and determined to reach for success.

Wherever we go, whatever we do, and whenever it is, risk is always there it depends on us on how we handle it, or on how we convert risk into challenge. So you're definitely right, just continue to stay positive inorder to gain success.
sr. member
Activity: 952
Merit: 250
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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 my opinion, yes it is a risky thing to be involved in a volatile market like in cryto world. We aim to gain profit or wanting it more than what we want. That's why we give effort, time and money for that matter.
If we are really into investment and we do accept the risk,  we will do our best to engage our time finding each advantage that we can get, researching and studying the market for the best of our interest will bring skills that we can use to avoid and lessen the risk, its all about how we deal with something that we fully understand to justify the risk or take the outcome.
Risks are innately part in the field of Bitcoin and we must learn to accept that reality. Bitcoin is highly-volatile and its price is constantly changing ups and downs. However, what we can do is to realize that bitcoin is valuable and profitable, and it depends on us how we manage to gain more knowledge, manage risks constructively, and explore creative ideas for progress. Learn to strategize, welcome challenges, and still be positive and determined to reach for success.
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