Pages:
Author

Topic: The Risks and Rewards of Cryptocurrencies - page 2. (Read 5540 times)

full member
Activity: 1554
Merit: 101
December 27, 2019, 07:07:39 AM
just listen to what is necessary, it is not possible that everyone will listen even though there is a name experienced in the crypto world.
I don't really agree with this, it's like they indirectly ordered us what they said.
for me arghh it's very annoying.
none of them knows for sure how crypto will develop, this is just my description, no offense.
newbie
Activity: 28
Merit: 0
December 27, 2019, 06:29:04 AM
Do you want people to put on headsets and listen to this podcast for 28:33 minutes? why would people do that? I think you should listen to the podcast and then summarize what they said and post in this thread the summary you made

I would love to know your thoughts about where we are going and how you think the landscape will change.

if enter a lot of money in the crypto market, I believe that the volatility will not be very high as it is today, at least we will not see high increases and followed by very large falls

The volatility of prices in Crypto market can not be reduce by this money thing you said. The market might increase with this but later, it will balance and the fluctuation will begin again. The best to do is just to still invest at the right time so that you could gain. The market will always be volatile.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
December 27, 2019, 06:21:32 AM
Risks are always in cryptocurrency and what is said in the video confirms this.
It is not just the case with crypto currencies. There is no investment market in the world which is free from risks. We all know that people are aware of the risk they have in any market and invest accordingly. If we talk about estate market, at times the taxes increase and people stop buying selling properties which ultimately result in losses. Crypto is not an exception to this risk thing. Every business has risk.
jr. member
Activity: 154
Merit: 1
December 25, 2019, 09:39:36 AM
Risks are always in cryptocurrency and what is said in the video confirms this.
legendary
Activity: 2534
Merit: 1338
December 10, 2019, 11:30:39 AM
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
In my opinion, our year 2019 will not change much, the price of Bitcoin will fluctuate around $ 8000k - $ 6k5. This is considered a time of accumulation for many major investors. they are buying more bitcoins, the strategy is still the same as in 2018. when the whales deliberately pushed the price of bitcoin to $ 3k3, it was also the time that they bought more bitcoin. We can predict a very beautiful future of Bitcoin in 2020, its price could rise to $ 20k. how do you think ?
This is a great opportunity the price is having problems moving up and after it reached 7500 it began to go down once again and now we are at 7200, the price is moving in a very tight range so anyone that is looking to get bitcoin for a fair price has an opportunity that may not last long, personally I think the price could go even lower but nothing like what we saw one year ago so in my case I am holding off buying more bitcoin until we reach the absolute bottom.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
December 06, 2019, 01:58:23 PM
Risk of cryptocurrency when price of bitcoin or altcoin have lower and we bu with higher price, many investor and trader always allowing with what people said and they investing with coin suggestion by the other, when you buy some coin by recommendation from some one you make mistake because he has sell his coin and make you buy it.
Well that's what happen most of the time but I'm sure that there are some good advices coming from other professionals which usually are paid advice however following someone else's suggestion is the same as letting other decide whether your money will grow or opposite and people with right mind will never do that.
It happens for a very natural reason, market is speculative. Seeking professional's help is a way of making your decision based on what the other's view on the market which I totally not recommend. Another thing is, one's view depends on the experience and affordability to lose, I bet these professionals had also lost and already have an idea what the market could be which everyone would not uderstand.

If you want some suggestion try to seek professionals with no motives otherwise it's basically the same thing.
I don't see professional people here, imo, just experienced ones. Not talking about the financial advisors though. Seeking professionals with no motives? what do you mean by that?
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
December 06, 2019, 02:23:28 AM
Risk of cryptocurrency when price of bitcoin or altcoin have lower and we bu with higher price, many investor and trader always allowing with what people said and they investing with coin suggestion by the other, when you buy some coin by recommendation from some one you make mistake because he has sell his coin and make you buy it.
Well that's what happen most of the time but I'm sure that there are some good advices coming from other professionals which usually are paid advice however following someone else's suggestion is the same as letting other decide whether your money will grow or opposite and people with right mind will never do that.
If you want some suggestion try to seek professionals with no motives otherwise it's basically the same thing.
legendary
Activity: 2982
Merit: 1028
December 06, 2019, 12:30:08 AM
in my opinion, risks and rewards in crypto are things that will be in trading or investing in crypto, because volatile crypto prices cannot guarantee good luck will always be with us, so we must be prepared with whatever happens

I agree, we don't expect what gonna happen if we take a huge risk investing and take big rewards. the market is very unpredictable and as of now the price is very bad and everyone is in panic mode. I can't say that this month is good or not but you can accumulate if you want to take a risk. for me if possible we may take a hard time to read all what we need to know to avoid big loosest.
It's needed to have more knowledge regarding to this venture of investment, you need to make sure that you are willing to take the risk and prepare yourself for the bigger picture. Time will come and the value will surge up again. But while everyone are on the panic mode make sure to have a good funds to accumulate more cheap coins and wait for another bounce up.
member
Activity: 784
Merit: 10
https://streamies.io/
December 06, 2019, 12:16:22 AM
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
In my opinion, our year 2019 will not change much, the price of Bitcoin will fluctuate around $ 8000k - $ 6k5. This is considered a time of accumulation for many major investors. they are buying more bitcoins, the strategy is still the same as in 2018. when the whales deliberately pushed the price of bitcoin to $ 3k3, it was also the time that they bought more bitcoin. We can predict a very beautiful future of Bitcoin in 2020, its price could rise to $ 20k. how do you think ?
legendary
Activity: 2534
Merit: 1338
December 05, 2019, 10:52:33 AM
That is so true. Risks has nothing to do with rewards. In addition to that, there is no more doubts regarding old coins but new projects cannot be trusted. Old coins are also much more beneficial than the new ones. So choosing bitcoin over any new altcoin will definitely bring more rewards with zero risk factor. With knowledge and trust, a person can avoid all sorts of uncertain situations.
This is another important lesson, while there is no doubt that there is some correlation between risk and reward they are not perfectly correlated, which means that you can get a lot of rewards with very low risk and an example of this is to invest in coins like bitcoin or ethereum, and you can take a huge risk and get no rewards at all and the perfect example of this are all the icos and ieos that have failed through the years and that have given no profits at all to those that risked their money.
sr. member
Activity: 784
Merit: 251
https://raiser.network
December 01, 2019, 04:55:18 AM
in my opinion, risks and rewards in crypto are things that will be in trading or investing in crypto, because volatile crypto prices cannot guarantee good luck will always be with us, so we must be prepared with whatever happens

I agree, we don't expect what gonna happen if we take a huge risk investing and take big rewards. the market is very unpredictable and as of now the price is very bad and everyone is in panic mode. I can't say that this month is good or not but you can accumulate if you want to take a risk. for me if possible we may take a hard time to read all what we need to know to avoid big loosest.
full member
Activity: 602
Merit: 101
December 01, 2019, 02:18:13 AM
in my opinion, risks and rewards in crypto are things that will be in trading or investing in crypto, because volatile crypto prices cannot guarantee good luck will always be with us, so we must be prepared with whatever happens
sr. member
Activity: 952
Merit: 251
November 30, 2019, 12:04:12 PM
The higher the risk, the higher the reward. That is the name of the game for cryptocurrencies. In order to make a lot of money, you need to take a lot of risk. All of those people who loses their money in the market are misinformed with the opportunity that the cryptocurrency has, they thought that cryptocurrencies are all high reward without risk.
The term of higher risk and higher rewards can be coined with coins that can be trusted and there are a very few number of coins in the market that can be trusted and then there are token projects that are like hit and miss, earlier people used to wait to dump everything once the market opens and now majority even does not get listed in the market.
Higher risk does not mean greater reward. For example, you can invest in the TOP steadily developing cryptocurrencies with less risk to your investments and get a good capital gain in the future. But you can invest in a very risky new coin, which will soon be thrown by its developers and its price will fall forever, and you can lose the money invested in it.
That is so true. Risks has nothing to do with rewards. In addition to that, there is no more doubts regarding old coins but new projects cannot be trusted. Old coins are also much more beneficial than the new ones. So choosing bitcoin over any new altcoin will definitely bring more rewards with zero risk factor. With knowledge and trust, a person can avoid all sorts of uncertain situations.
sr. member
Activity: 1288
Merit: 253
November 30, 2019, 11:17:06 AM
The risks of cryptocurrencies are that these are the same risks as in any investment.

I disagree.

The risk that we are taking when we are investing in cryptocurrency have much higher risk than investing on real state properties, or in a business, why is that, because we are talking about volatility here that could spikes, either it goes up very wild or goes down very wild, like as of now, bitcoin's price dropped again to $7,500 and it is still very puzzling when will be the next bull run going to occur to recuperate our losses.

Although the rewards of bigger risk are always big, that is what I am sure about.
Risk of cryptocurrency when price of bitcoin or altcoin have lower and we bu with higher price, many investor and trader always allowing with what people said and they investing with coin suggestion by the other, when you buy some coin by recommendation from some one you make mistake because he has sell his coin and make you buy it.
sr. member
Activity: 644
Merit: 253
November 30, 2019, 10:40:37 AM
Financial freedom is not just about having a lot of money it is about how you manage your money, there are many financial illiterate in my country and they do not know how they will manage their money if they have high paying jobs and that's why they keep experiencing financial problem. 
This is completely true, many of those that are looking to achieve financial freedom are thinking of a life in which they can spend all the money that they want without any consequence and the only ones that can do something like that are the ones that have a lot of money, the rest no matter how much capital do you think they have saved in their accounts have to exercise money management techniques all the time in order to keep their debts in check and to slowly but surely rise their passive income.

Most of people are just being too greedy enough, they wanted to have everything in the world, they wanted to become the famous, the person that would like to worship by most people because he has a lot of money, they don't realize the other true meaning of abundance or the contentment. We are all aiming for money and we deserve and it is fine to become rich, but let us also remember that we can't bring to heaven the money, so the rich in heart is what's most important.
sr. member
Activity: 1344
Merit: 288
November 30, 2019, 09:50:04 AM
Definitely the industry is still at its young state,  that is why the potential risk is kind of more high, as the risk is high likewise the rewards too is also very enormous
Perhaps in future, regulations might help to curb such so as to interest more investors to have full confidence in the market
legendary
Activity: 2534
Merit: 1338
November 30, 2019, 09:37:25 AM
Financial freedom is not just about having a lot of money it is about how you manage your money, there are many financial illiterate in my country and they do not know how they will manage their money if they have high paying jobs and that's why they keep experiencing financial problem. 
This is completely true, many of those that are looking to achieve financial freedom are thinking of a life in which they can spend all the money that they want without any consequence and the only ones that can do something like that are the ones that have a lot of money, the rest no matter how much capital do you think they have saved in their accounts have to exercise money management techniques all the time in order to keep their debts in check and to slowly but surely rise their passive income.
sr. member
Activity: 1288
Merit: 253
November 27, 2019, 08:34:37 PM
The risks of cryptocurrencies are that these are the same risks as in any investment.

I disagree.

The risk that we are taking when we are investing in cryptocurrency have much higher risk than investing on real state properties, or in a business, why is that, because we are talking about volatility here that could spikes, either it goes up very wild or goes down very wild, like as of now, bitcoin's price dropped again to $7,500 and it is still very puzzling when will be the next bull run going to occur to recuperate our losses.

Although the rewards of bigger risk are always big, that is what I am sure about.
Not the same risk with cryptocurrency and other investment because with bitcoin and altcoin investing have big risk when price down, we don't know when bitcoin and altcoin goes down, for other investment I think can give opportunity to get profit but with little amount because have waiting for long time to get much profit later.
sr. member
Activity: 924
Merit: 275
November 27, 2019, 06:54:39 PM
The higher the risk, the higher the reward. That is the name of the game for cryptocurrencies. In order to make a lot of money, you need to take a lot of risk. All of those people who loses their money in the market are misinformed with the opportunity that the cryptocurrency has, they thought that cryptocurrencies are all high reward without risk.
The term of higher risk and higher rewards can be coined with coins that can be trusted and there are a very few number of coins in the market that can be trusted and then there are token projects that are like hit and miss, earlier people used to wait to dump everything once the market opens and now majority even does not get listed in the market.
Higher risk does not mean greater reward. For example, you can invest in the TOP steadily developing cryptocurrencies with less risk to your investments and get a good capital gain in the future. But you can invest in a very risky new coin, which will soon be thrown by its developers and its price will fall forever, and you can lose the money invested in it.
But not all of investment that have high risks are good to take. Do not just invest your money because of the high rewards, you should remember that you should know and you should handle the risks first before you put your money. In an invesment, risks are matter so considering it is part of the process.
sr. member
Activity: 994
Merit: 260
November 27, 2019, 12:36:03 AM
The higher the risk, the higher the reward. That is the name of the game for cryptocurrencies. In order to make a lot of money, you need to take a lot of risk. All of those people who loses their money in the market are misinformed with the opportunity that the cryptocurrency has, they thought that cryptocurrencies are all high reward without risk.
The term of higher risk and higher rewards can be coined with coins that can be trusted and there are a very few number of coins in the market that can be trusted and then there are token projects that are like hit and miss, earlier people used to wait to dump everything once the market opens and now majority even does not get listed in the market.
Higher risk does not mean greater reward. For example, you can invest in the TOP steadily developing cryptocurrencies with less risk to your investments and get a good capital gain in the future. But you can invest in a very risky new coin, which will soon be thrown by its developers and its price will fall forever, and you can lose the money invested in it.
Pages:
Jump to: