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Author Topic: Bitcoin have more risks than benefits?  (Read 3561 times)

Offline Stormyblue

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Re: Bitcoin have more risks than benefits?
« Reply #15 on: June 22, 2018, 09:51:05 AM »
Bitcoin is still in it prime stages. It will take time for it to be fully grounded to become much stable and have minimal risk.
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Re: Bitcoin have more risks than benefits?
« Reply #15 on: June 22, 2018, 09:51:05 AM »

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Re: Bitcoin have more risks than benefits?
« Reply #16 on: June 22, 2018, 10:20:58 AM »
Yes it is. But it will only possible if you make investment during the all time high compare to invest during the crash period.

Offline Rosethevoice

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Re: Bitcoin have more risks than benefits?
« Reply #17 on: June 22, 2018, 12:47:24 PM »
Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
            https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1


What is your opinion?
Bitcoin for me has more benefits than risk most especially when the price will rise or goes down,when the price rises more investors earn profit and when the price dumps investors can take advantage on the low price of bitcoin than possibly give them chances to invest in it.
The decentralization concept that government cannot control was one also of the the reason why it is more advantage to invest in bitcoin or other altcoins.

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Re: Bitcoin have more risks than benefits?
« Reply #18 on: June 23, 2018, 10:29:59 PM »
It's true there are lots of risk. There is a possibility of losing all your money overnight in this market and this is a very serious risk. In addition, there is no one to solve your problem in any problem because it is decentralized. For example, if you lose your bitcoin wallet password, no one will be able to help you.
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Re: Bitcoin have more risks than benefits?
« Reply #19 on: June 24, 2018, 12:30:56 AM »
risk or benefit it depends on ourselves. which is definitely what I feel since investing in bitcoin. I can have additional income. although sometimes I have to wait a long time to earn a profit .
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Offline Davidniam55

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Re: Bitcoin have more risks than benefits?
« Reply #20 on: June 24, 2018, 02:47:14 AM »
the name of the risk is certain. either business in the real world or in the digital world. the most important is how we respond and live it. we must be smart in determining the steps we are doing .
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Offline laiya94

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Re: Bitcoin have more risks than benefits?
« Reply #21 on: June 24, 2018, 03:25:34 AM »
It depends on the trading strategy you follow, but even with a weak strategy if you hold for long you can still get some profits.

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Re: Bitcoin have more risks than benefits?
« Reply #21 on: June 24, 2018, 03:25:34 AM »


Offline sugarchrisp

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Re: Bitcoin have more risks than benefits?
« Reply #22 on: June 24, 2018, 05:26:27 AM »
Banks fear bitcoin because it upsets their status quo.  The banking industry has been ruling the world for generations now, because there is no other realistic way to transfer currency across long distances.  They over charge, keep poor people down, and abuse their power regularly.  Bitcoin is above all that, it cannot be hacked, it cannot be abused, and it cannot be corrupted.  Wells Fargo, bank of america, citibank, all these major corporations have done tons of things to their middle class consumers to bleed them out little by little.  Bitcoin and the technology behind it will eventually end this type of abuse and create a financial transaction system that is beyond corruption and abuse.  There are risks, the volatility for instance, but that is something that will eventually be solved.  Blockchain technology benefits FAR out weigh any potential risks, the world could possibly be made a better place because of it. 
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Offline jbc081475

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Re: Bitcoin have more risks than benefits?
« Reply #23 on: June 24, 2018, 07:49:08 AM »
Bitcoin has considerable at risk but we cannot say it is more than their benefits because we can earn money and can get high profit by investing on bitcoin.Bitcoin has more benefits than risk.
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Offline altery0518

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Re: Bitcoin have more risks than benefits?
« Reply #24 on: June 24, 2018, 03:17:26 PM »
I think at this time I agree  that bitcoin have more risk than benefits because the market for now is not good and may risk our money if we force to invest today due to continous drop.
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Offline Nur sarimbit

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Re: Bitcoin have more risks than benefits?
« Reply #25 on: June 24, 2018, 04:18:34 PM »
that's right. because bitcoin prices hard to predict by anyone. unless we have a large capital and are able to raise the price of bitcoin. but I personally like and love to invest in bitcon. because I can still get a profit though long term .
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Offline Arendra

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Re: Bitcoin have more risks than benefits?
« Reply #26 on: October 09, 2018, 10:23:41 AM »
I think Bitcoin has more benefits than risk. Bitcoin is a technology that can be the future for us. But if we talk about risk, I believe every investment is risky. Every thing has a positive and negative impact, as well as bitcoin.
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Offline elbans89

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Re: Bitcoin have more risks than benefits?
« Reply #27 on: October 10, 2018, 01:23:24 AM »
Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
            https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1


What is your opinion?

No, I am not agree about that. I think Bitcoin is more profitable than risk. I have invested in bitcoin since 2017, I have gotten alot benefits from it.
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Re: Bitcoin have more risks than benefits?
« Reply #28 on: October 10, 2018, 03:10:07 AM »
Bitcoin is most definitely a risky investment but for me personally, it is worth it. The potential grows of BTC makes me take this risk.

Offline Barkas

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Re: Bitcoin have more risks than benefits?
« Reply #29 on: October 10, 2018, 03:39:42 AM »
many of the risks that can be obtained depend on the holder, must be smart to use it, not careless, and who is always happy to read and find useful information so as not to lose your money .

 

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