Topic: Does engaging with bitcoins put you at risk? - page 36. (Read 6798 times)
Yes engaging with bitcoins always put us in risks and we cannot avoid that, but of course before we do anything investment or trading here we have to make deeply research and investigation in any project to protect our money in any losses in which we might experienced.
I learned a lot before investing in this market. Being an exciting financial investment market let me experience myself. And I believe in blockchain technology will not pose a risk to those who have knowledge of it.
I remind you, everything about investing has risks. Bitcoin is not a legitimate state currency, but better known as a digital coin that has a price and is currently busy to have it as an investment. Currently bitcoin is worldwide and popular among the public, and certainly, many who support bitcoin as a legitimate currency, but there is still much debate to make it happen.
Every investment has its own different level of risk, bitcoin is not different from any investment when it comes to risk, but I don’t think you need to be financially healthy before you invest because for me as long as you know how to invest properly that’s better. 
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?
The risk is real,not because Bitcoin is not officially a currency (most people consider it as an asset ayways) but because your home country can anytime decide to ban it or take serious action against it that may lead to difficulty while sleeping or difficulty in keeping hands at it (finding difficulty at selling it locally).An investor should consider these facts before even talking at speculative character of it and such things. 
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?
Absolutely yes, the risk you will be taking will be always depending on how much money you are going to use as a capital for investing in cryptocurrency.
I remind you, everything about investing has risks. Bitcoin is not a legitimate state currency, but better known as a digital coin that has a price and is currently busy to have it as an investment. Currently bitcoin is worldwide and popular among the public, and certainly, many who support bitcoin as a legitimate currency, but there is still much debate to make it happen.
One who has the mentality to risk himself is supposed to get engaged with bitcoin related activities. Just with the willing to earn getting into bitcoin looking upon the other common users will lead to drastic failures. Should know the good, bad and the reality to be successful rather than just falling without any basic understanding to loss big.
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?
Maybe in thats words is true ,that we can say that,dealing with bitcoin and other things related to its ,can put us in risky gamble,because everything your own knowledge,time and effort and sacrificing some of your health to doing a crypto investment in order to achieve our goal and aims in life even though sometimes we doubt that i can become profitable about this,but definetly sometimes i can thinks life is uncertainty even you not gamble in crypto investment,everything happen in our life is risky.
We are in risk more than whales as they have spare money to invest and wait more than us.
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 the life we are living is risky, entrusting our hard earned money to a legal entity called bank is risky too, i mean what if the bank goes bankrupt? you see that risk is inevitable in all human dealings. conclusively i will say engaging with bitcoin puts an investor at risk, but it is more risky not to take risk.
life on its own is risky, entrusting our hard earned money to a legal entity called bank is risky too, i mean what if the bank wind up or liquidate or goes bankrupt? you see that risk is inevitable in every human dealings. conclusively i will say engaging with bitcoin puts an investor at risk, but it will be more riskier not to take the risk.
Yes, I agree with you. This is a risk, but agree with me that this risk is justified. In any case, you need to take risks. If you risk that you will have 2 options: either it will turn out or fail. If you do not take the risk option 1
In everything we do there is always a risk, in bitcoins tge risk is you dont know if the value of your money will be high or low and when it will happens.Un predictable.
Bitcoin is a super HYIP. The demand for this main crypto currency will only grow, and the risk of theft of this asset will also grow. Any valuable commodity always falls into the risk of loss.
What do you expect from Bitcoin? If you are putting all your economies on it, expecting Bitcoin to save your financial life, expecting to become millionaire from this investment, then yes, you are putting your money at big risk. To give much importance to money is always risky, because financial markets aren't solid, they are very volatile and are always changing their form. You just need to calculate if it worths the risk or not for you.
In life, there are very low risk choices we make, but that aren't enough to satisfy our expectations. So to avoid risk maximum as possible isn't always the best solution for all our dilemmas.
In life, there are very low risk choices we make, but that aren't enough to satisfy our expectations. So to avoid risk maximum as possible isn't always the best solution for all our dilemmas.
In part, yes, since you will be dealing with bitcoins which is mainly utilized as an investment vehicle rather than a currency nowadays. We all know that every investment carries a certain risk with them, and bitcoin is no exception no matter how successful the asset had been for the past 10 years. Legally, you might be in trouble if there's a certain law/regulation which you break in dealing with cryptocurrencies. The general gist of the governments about crypto is that they are vehicles for money laundering, but so far, there aren't laws that exist which severely affects dealings with cryptocurrencies, only regulations that remove banks out of the equation for the end user.
Not exactly, when you use Bitcoin then you are not actually thinking about legal in legal matters but instead, you are just thinking about a simple money that means you want that money to be worth in real life. If you think that the money is ready then do not withdraw it from the bank still you can offer into someone and take some services from them instead it will make your work much easier and you will get much more profit from this. I have also try that method and paid a lot of people for doing stuff for me.
Investing in Bitcoin is undoubtedly risky. But the risk can come to us whenever it wants. Sometimes it may come to us in the next day or maybe in the next ten years. But if you want to make a lot of money, then you have to risk and invest in Bitcoin
I agree with most people here, who are saying that it does and it's a normal thing. Having a child is also a risk, leaving your home is a risk, eating food from a supermarket instead of growing your own is a risk. Life was built on risk! 
Dos that risk bring significant benefits? Sure it does and IMO it calculates pretty well. You can buy a car that will lose value over time, you can put money in a bank, or you can invest in something that can multiply it. The choice is yours.
Dos that risk bring significant benefits? Sure it does and IMO it calculates pretty well. You can buy a car that will lose value over time, you can put money in a bank, or you can invest in something that can multiply it. The choice is yours.
Every investment have risk. Heck, even a simple lemonade stand. It's all part of making money. They just differ in the level of risk.
The worst that can happen if you invested in bitcoins is if you got hacked or bitcoin became unusable/obsolete. But so far, I've never seen any "investment" that have this much level of personal control and ease of buying in. You can practically leave any time you want.
7 years. That's fairly long for even the biggest ponzis. You are not being paid other people's money, your bitcoin just increases/decreases in value because other people's perception of its value changes.
The worst that can happen if you invested in bitcoins is if you got hacked or bitcoin became unusable/obsolete. But so far, I've never seen any "investment" that have this much level of personal control and ease of buying in. You can practically leave any time you want.
$1 to $400 in 4 years and $400 to $10,000 in next 4 years defies all logics. That is super-HYIP
Even HYIPs/ponzis pay 100% to 200% per month for upto 3 years and then they shut down or run into FBI and interpol.
Even HYIPs/ponzis pay 100% to 200% per month for upto 3 years and then they shut down or run into FBI and interpol.
7 years. That's fairly long for even the biggest ponzis. You are not being paid other people's money, your bitcoin just increases/decreases in value because other people's perception of its value changes.
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