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.
Topic: The Risks and Rewards of Cryptocurrencies - page 2. (Read 5529 times)
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
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
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.
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.
Risks are always in cryptocurrency and what is said in the video confirms this.
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 ? 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
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.
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.
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.
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 ? 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
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. 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.
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
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.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.
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.
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
Perhaps in future, regulations might help to curb such so as to interest more investors to have full confidence in the market
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. 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.
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.
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.Jump to: