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Author Topic: Bitcoin have more risks than benefits?  (Read 1275 times)

Offline chayskie04

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Bitcoin have more risks than benefits?
« on: June 15, 2018, 08:09:39 AM »
Yes it is given that bitcoin is really risky but beneficial. With my experience I can say that everything is in your hand you can't avoid risk but it requires you to become more careful that's how I deal with risk. Another thing is that the benefits there's a lot of benefits it's up to you on how or what strategies are you going to do to earn more bitcoin that would really benefited you.

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Bitcoin have more risks than benefits?
« on: June 15, 2018, 08:09:39 AM »

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Re: Bitcoin have more risks than benefits?
« Reply #1 on: June 15, 2018, 10:02:07 AM »
Yes it is given that bitcoin is really risky but beneficial. With my experience I can say that everything is in your hand you can't avoid risk but it requires you to become more careful that's how I deal with risk. Another thing is that the benefits there's a lot of benefits it's up to you on how or what strategies are you going to do to earn more bitcoin that would really benefited you.
Good for you that bitcoin brings you wealth but not all bitcoin investor will be the same as you because most of them are suffering from losses due to bad decision making.

thats why  i think that the benefits of bitcoin will only depend or varry from person to person because not all people can think and decide properly, majority of the people are still keeps on panicking whenever they see a sudden change at the bitcoins price.

in my case bitcoin gives me a lot of benefits because i know how to use and control my bitcoins. So far i did not experience any risk because i do not either invest in it.
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Re: Bitcoin have more risks than benefits?
« Reply #2 on: June 15, 2018, 10:10:15 AM »
All kinds of investment involves some degree of risks, it depends on your strategy that you can avoid potential loss. In my personal experience, bitcoin brings me more benefits than feeling scared with the risks. It gives me extra source of income that I can afford now to support my whole family. It change my life in a way that I quit my regular job and I am working now home base. I can have lots of time doing stuff I love.

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Re: Bitcoin have more risks than benefits?
« Reply #3 on: June 15, 2018, 11:41:05 AM »
yes its gave benifets and lot of people injoy the price of there labor. but also risky to invest  most of them suffer loses due tono expirence no strategy so be careful how to deal  it
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altcoinstalks

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Re: Bitcoin have more risks than benefits?
« Reply #4 on: June 15, 2018, 07:44:46 PM »
Yes it is risky but I think we should include the major benefits of bitcoin to everybody. Risks are not new in  bitcoin but everyone should be risk taker because benefits awaits you if you done everything according to your plan and the market price going to the flow with you.

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Re: Bitcoin have more risks than benefits?
« Reply #5 on: June 15, 2018, 11:30:25 PM »
Investing is always a risk and investing in Bitcoin also has a high risk of losing part of the money, but the advantage of Bitcoin is that it has a much greater growth potential than traditional investment tools and is capable of bringing huge profits to its holders.

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Re: Bitcoin have more risks than benefits?
« Reply #6 on: June 16, 2018, 01:12:15 AM »
There is only one risk that I am afraid of and that is if bitcoin will come to a bad ending. But this is highly unlikely. Apart from that, I do not see any risk that is worth mentioning in investing into bitcoin. If you buy bitcoin and the price falls drastically, all that you have to do is to wait for maybe a year or two and the price will rise again. So is it the waiting that is the risk?
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Re: Bitcoin have more risks than benefits?
« Reply #6 on: June 16, 2018, 01:12:15 AM »


Offline richelle13

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Re: Bitcoin have more risks than benefits?
« Reply #7 on: June 17, 2018, 04:57:07 AM »
Bitcoin has more benifits than risk in my own sight because this forum provides a great service such as a good investments ..Risk is just a part of a growing company we cannot avoid that instead lets think the good benifits and good side of bitcoin .
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Re: Bitcoin have more risks than benefits?
« Reply #8 on: June 17, 2018, 06:40:19 AM »
I think bitcoin's biggest risk is being misunderstood, people want to label this as a functioning currency and it isn't... I think bitcoin can easily go into the 6 figure range just being a liaison between alt coins and USD and being a digital store of value.. its transactions per second and transfer costs in my mind just do not matter.... its great at what it's trying to be, and not so good at what people conceive it to be... at least somewhat dangerous.

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Re: Bitcoin have more risks than benefits?
« Reply #9 on: June 17, 2018, 11:31:28 AM »
Yes i agree that bitcoin there's a risk if we get in, but we must double check our work for to avoid the bad things and make a result a good benefits of our hard work.
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Re: Bitcoin have more risks than benefits?
« Reply #10 on: June 17, 2018, 03:59:28 PM »
Indeed risky but beneficial. Actually risks are always in the shadow to everybody's actions for there are always equivalent risk in everything we do. That risks serves challenge to overcome in order to claim the desire for a long time. We are all risk takers whether we like it or not.
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