Topic: The Risks and Rewards of Cryptocurrencies - page 13. (Read 5540 times)
crypto currencies are upcoming and most volatile industry right now the main reason is it is because of their fast adoption of their business need and transactions transparency many industries are adopting
I think having the courage to go all in on these things make a big difference, I mean if you are really brave and want to do a big investment that could turn your life around then bitcoin is definitely the one.
There are not that many stuff that could potentially change your life in investment because most of them are boring gold or stock like stuff that make small movements and yeah they do give you a decent return if you pick the right moves but they are never like bitcoin, it literally moved x3 in the past couple months alone and yeah sometimes it falls horribly as well but that is good because when it falls you can actually buy even more from lower numbers in order to make more profits later on. It is one of the only investments in the world where people are unanimously agree that it will be a higher price in the future.
There are not that many stuff that could potentially change your life in investment because most of them are boring gold or stock like stuff that make small movements and yeah they do give you a decent return if you pick the right moves but they are never like bitcoin, it literally moved x3 in the past couple months alone and yeah sometimes it falls horribly as well but that is good because when it falls you can actually buy even more from lower numbers in order to make more profits later on. It is one of the only investments in the world where people are unanimously agree that it will be a higher price in the future.
Everything has risks. It is up to us if we are prepared to face it. There are many risk when you invested in cryptocurrencies because market is very volatile. If we know well what we get into we can minimize those risks. I invested in crypto because I'm more thinking that it will have a great value in the future mostly bitcoin.
the risk is always there in each of our trips, and that risk can never be avoided if we have done something very risky. actually an event has a risk. because so that we can be confident and dare to move forward, and say that the risk is not dangerous for me.
The risk is an ordinary thing that we have to experience in investment and the reward is our right in investment, it is only natural that we get a reward when we invest because we have spent enough capital for this investment and not all successful investments and even losses in the end and that is a risk that we must accept
therefore we must be able to calculate risk and reward before trading. especially for daily traders, cutloss, stop losses, targets must be clear. so that we don't experience panic because we have planned everything. the analysis we plan is not always correctAnother great thing that we must learn to always set in our trading is goal, because it is only when we have goal already set within us that we can see the need to maximize the risk that always exists in trading. Cryptocurrency is a very volatile market that every trader must work hard to make profit.
BBC recently did a interview around the volatility of cryptocurrencies. I think we are still so early in this industry but I would love to know your thoughts about where we are going and how you think the landscape will change.
People in the podcast include:
Marc Warne, Founder, Bittylicious
Jemima Kelly, reporter, FT Alphaville
Dave Jevans, CEO, CipherTrace
https://www.bbc.co.uk/sounds/play/m000676m
People in the podcast include:
Marc Warne, Founder, Bittylicious
Jemima Kelly, reporter, FT Alphaville
Dave Jevans, CEO, CipherTrace
https://www.bbc.co.uk/sounds/play/m000676m
Of course as an investor on cryptocurrency, we all are aware about the risk on it's volatility yet we still take it for a better reward. Now those people speculating about the risk may not take it but I know that taking the risk of volatility is the only way to achieve a high reward.
So, as you can see I have actually lived the ups and downs of being a bitcoin investor and sometimes it is really good but sometimes it makes you feel bad.
This is our life, most people that has most of his investments in bitcoin can relate to what you have said. I've been into bitcoin investment too for few years and I can say that it's not different from what you just went through.There's a risk and that risk that we're taking shall be rewarded once the market ripens again. It's hard to see and how it feels when the market tanks but we're ready to endure it.
The risk is an ordinary thing that we have to experience in investment and the reward is our right in investment, it is only natural that we get a reward when we invest because we have spent enough capital for this investment and not all successful investments and even losses in the end and that is a risk that we must accept
therefore we must be able to calculate risk and reward before trading. especially for daily traders, cutloss, stop losses, targets must be clear. so that we don't experience panic because we have planned everything. the analysis we plan is not always correct
The risk in cryptocurrency is more with scam project and shitcoins than with bitcoin and some big projects. We might have to go beyond what we read on whitepapers, social media updates and telegram to getting some inside information with recent new project, the scammers are smarter and some teams are not capable for the project they want to embark on. The present market condition will only help to strangle enormous shitcoins in the market and send them off. It is sad that we have over 3000 projects, many that have no demand-able use case and sharing in the marketcap.
Everything has risks. It is up to us if we are prepared to face it. There are many risk when you invested in cryptocurrencies because market is very volatile. If we know well what we get into we can minimize those risks. I invested in crypto because I'm more thinking that it will have a great value in the future mostly bitcoin.
the risk is always there in each of our trips, and that risk can never be avoided if we have done something very risky. actually an event has a risk. because so that we can be confident and dare to move forward, and say that the risk is not dangerous for me.
So, as you can see I have actually lived the ups and downs of being a bitcoin investor and sometimes it is really good but sometimes it makes you feel bad.
This is our life, most people that has most of his investments in bitcoin can relate to what you have said. I've been into bitcoin investment too for few years and I can say that it's not different from what you just went through.There's a risk and that risk that we're taking shall be rewarded once the market ripens again. It's hard to see and how it feels when the market tanks but we're ready to endure it.
risk and reward in my opinion is the main part that must be learned before we go into this business. very painful if we are only fixated on the rewards received. of course this will affect the psychological if the reality is not in accordance with the analysis.
Well the only risk in Bitcoins is loss and the only reward is profit.
What's important is on what extent these things are.
We we keep our Bitcoins secured and do transactions and exchanges using high security there isn't any risk of theft. But more importantly it's how we study the price graph's ups and downs that determines our fate.
What's important is on what extent these things are.
We we keep our Bitcoins secured and do transactions and exchanges using high security there isn't any risk of theft. But more importantly it's how we study the price graph's ups and downs that determines our fate.
That is how we deal in life, no pain no gain. The more risk we do, the more chances we can achieve our future goals. However, we admit or not sometimes we are scared to take the first leap. But because we want a reward, we need to take any risk. There is always something at stake. In most instances, when it comes to your business, you stand to lose money, time and your reputation. Which are also the very same things you stand to gain! The benefits of taking risks will enrich your life and make your business or career much more rewarding.
We can minimize the risk if we know how to prevent from big risk. We can learn about managing the risk in the cryptocurrencies so we can take the rewards. Before we do something, we need to think about what is the risk that might happen later so we can make a temporary solution that we can use to prevent that risk. We don't have to chase a big reward if we are not sure about what we do because not everything we do will work as what we thought.
I am a person that literally lived the risks and rewards of cryptocurrency in the past couple years, I have been saving up bitcoin and using it for stuff for the past 3 years and so far sometimes when I save bitcoin aside the amount of bitcoin I saved increases however the amount of dollar I have drops because bitcoin price drops so even though I have more bitcoins each and every single day the amount of dollar I have sometimes drops, however at the same time I spend some of it time to time and even though I have spent the bitcoins I saved the amount in dollar looks unchanged even more the next day because bitcoin increases.
So, as you can see I have actually lived the ups and downs of being a bitcoin investor and sometimes it is really good but sometimes it makes you feel bad.
There is always risk in everything, and the fact the risk is big does not mean it will bring a big rewards, there are some risk that will make you and there are some that will mar you, the only risk that you should take are risk that you are quite sure is worth taken, don’t see risk in things and see it as opportunity. So, as you can see I have actually lived the ups and downs of being a bitcoin investor and sometimes it is really good but sometimes it makes you feel bad.
Someone once lectured me on how to trade shitcoins and make money, he has done it once or twice and has taken so much money, which is you get to buy some shitcoins before a whale pumps it and then you quickly sell off during the pump. This was a very big risk, and I decided to try this risk too, and then I decided to put lots of money into one of these coin that is yet to be pumped, but instead of it being pumped, it kept in declining till I lost that investment.
Risk has always been part of life. The only way you get any reward is when you take risks. Whether big or small or even mild. Volatility of the cryptocurrency is nothing new. It has been there since its inception. It is well recognized or even generally accepted. As far as the future of cryptocurrency is concerned, things will only get better. More adoptions and reviews will lead to better operation.
That's truly right that "risk has always been part of life" wether we like it or not. There's already a lot of explanation in terms of this subject and it seems some people still afraid or maybe lack of confidence that are willing to take the risks. Cryptocurrencies are a a very risky investment which it may lead us to bankruptcy but if we know how to play with it, then it also comes to a better rewards.
It is not that risky if you know what you're investing on. It is true that risks can be found everywhere not just crypto but there are ways to avoid or reduce it. There are reasons why some people are still hesitant to invest on crypto. Maybe they are not that tech savvy to understand how it works.
I personally think that investing in any market including cryptocurrency also has the risks and rewards that it brings if you succeed. Risks in the cryptocurrency market include: losses and frauds, taking a long time because the market fluctuates continuously. The reward that cryptocurrency brings to me is the opportunity to increase wealth many times and the trend of using crypto in the future.
That's right, after all, every activity has at least the risks and rewards that will be obtained, but in this case indeed the volatility in the cryptomarket is very strong, but if we realize it with the fluctuations that occur at least we can be more active in the market to ensure buying low prices and selling at high prices. So the risk in this case is indeed a lot but if we can be patient better then at least panic can be avoided and will fully get a good reward. 
Exactly.Crypto investment has always been risky but the profit we can reap is really worth the risks.Nobody here can exactly predict the future of crypto so it turns out to be just like gambling but there is more chances of making gains here than in real gambling.As long we never sell our coins when price dumps and continue to hold,still we can make good profits.
To be fair every single investment has a risk, but one of the biggest problems I see is the mentality of those that enter the market, in other markets people are not really looking to become rich overnight, they are only trying to multiply their capital slowly and methodically but in this market people invest all their money in an unknown coin and the chances they lose their money by taking such a reckless action is very high, or even if they invest in bitcoin they use leverage to try to diminish the time needed to get huge profits not realizing that by doing that they risk losing everything.The wisest people are just the ones you talked about, they come with the mentality of just gradually increasing their capital and not think it would make them extremely rich overnight, although this was the mentality I came with too until one of these useless coins dealt with me severely.
The risk is an ordinary thing that we have to experience in investment and the reward is our right in investment, it is only natural that we get a reward when we invest because we have spent enough capital for this investment and not all successful investments and even losses in the end and that is a risk that we must accept
BBC recently did a interview around the volatility of cryptocurrencies. I think we are still so early in this industry but I would love to know your thoughts about where we are going and how you think the landscape will change.
People in the podcast include:
Marc Warne, Founder, Bittylicious
Jemima Kelly, reporter, FT Alphaville
Dave Jevans, CEO, CipherTrace
https://www.bbc.co.uk/sounds/play/m000676m
People in the podcast include:
Marc Warne, Founder, Bittylicious
Jemima Kelly, reporter, FT Alphaville
Dave Jevans, CEO, CipherTrace
https://www.bbc.co.uk/sounds/play/m000676m
Of course as an investor on cryptocurrency, we all are aware about the risk on it's volatility yet we still take it for a better reward. Now those people speculating about the risk may not take it but I know that taking the risk of volatility is the only way to achieve a high reward.
I personally think that investing in any market including cryptocurrency also has the risks and rewards that it brings if you succeed. Risks in the cryptocurrency market include: losses and frauds, taking a long time because the market fluctuates continuously. The reward that cryptocurrency brings to me is the opportunity to increase wealth many times and the trend of using crypto in the future.
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