Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on September 17, 2018, 02:56:02 AM
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Some few months back, the Central Bank of Spain made a statement about crypto with the aim to let the people know that crypto poses lot of risks than benefits as the people might have heard.
I'm not surprised that came from that came from the Central Bank of Spain because the banks detest the existence of cryptocurrency because it knows crypto is in to cause a great competition and disruption in its service delivery. It is trying to make all false claims about crypto in order to ingrain misconceptions in the people.
Crypto offers countless benefits with limited risks. The risks only set in when you enter crypto investment without adequate knowledge on how the market operates.
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Risk is only determined when you enter crypto investment without sufficient knowledge about how to invest in the market to operate. Crypto offers countless benefits with limited risk.
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Yes. This is a misunderstanding that they have Crypto. The risk in Crypto for me is due to our own mistakes and carelessness that is carried out by our own hands. Basically all of that depends on the users. If they slander Crypto like that, let it be. It's a duty of haters to hate this Crypto World.
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The risks and benefits of trading in crypto are worth it. So the higher the profit, the greater the risk that you will get. Depending on which aspect you look at this crypto trade. I myself feel crypto is an easy way to get money. So I think, crypto is more profitable for me.
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I don't agree with this one since knowing that the having a huge risk will always give us benefits. I believe that cryptocurrency is different from all the other investment.
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It is true that cryptocurrency is risky but I am sure that it very beneficial if you are wise enough to invest in a very clear and high potential investment.
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risks are piling around us. For the crypto industry, the level of risk is the same as everywhere else. And the state does not always cover the risks, so it is hoped that the state will be able to compensate you in case of loss, it is not reasonable. Therefore, it is necessary to approach with intelligence and make informed decisions
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I think where the most risk - there is the more benefits.
It's about all the things in life.
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Investing in crypto currency is like betting on sports - either you have guessed and won or lost everything. But unlike the rates, the hackers can also hijack the crypto currency by hacking your wallet. If we compare the pros and cons of investing in crypto, then the minuses will be more
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It's a very difficult period now so it's hard to say now but some months ago, when market was bullish, everyone want to invest in crypto.... it's a strange market but I think that in long term this can be very profitable and alternative to traditional assets.
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Any investment implies risks. I think cryptocurrency has more bonuses than anything else. Cryptocurrency is a new era.
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Basically all of that depends on the user. If they slander Crypto like that, leave it alone. This is the duty of the haters to hate this Crypto World. The risk in Crypto for me is due to our own mistakes and carelessness carried out by our own hands.
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~snip~
Crypto offers countless benefits with limited risks. The risks only set in when you enter crypto investment without adequate knowledge on how the market operates.
I agree. If we are aware about the potential benefits in crypto, we will know that the risk is not a big problem in this business. We can minimize the risks with our knowledge, experience, and analysis in a certain observation. Surely, you shouldn't begin to invest or trade crypto coins without knowing well the characteristic of crypto market.
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Crypto offers countless benefits with limited risk. The risk is only determined when you enter crypto investment without sufficient knowledge about how to invest in the market to operate. So you must be super careful when you enter Crypto, don't let you experience losses afterwards.
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This big or small risk in the Crypto World is spread depending on ourselves. If we do it carefully, discipline and full of patience. Then the risk will be minimal. Or even no risk. But if on the contrary, you are often lazy, do not pay attention to the news and so on, you may be wrong in making decisions and causing losses that will be experienced by you.
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Some few months back, the Central Bank of Spain made a statement about crypto with the aim to let the people know that crypto poses lot of risks than benefits as the people might have heard.
I'm not surprised that came from that came from the Central Bank of Spain because the banks detest the existence of cryptocurrency because it knows crypto is in to cause a great competition and disruption in its service delivery. It is trying to make all false claims about crypto in order to ingrain misconceptions in the people.
Crypto offers countless benefits with limited risks. The risks only set in when you enter crypto investment without adequate knowledge on how the market operates.
No , In my opinion Crypto currency offer more profitable than risks. I have gotten alot benefits from crypto.
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in my opinion, crypto clearly benefits more than risks if we really understand crypto well
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i dont think crypto is more risky than profits.
yes if you have no idea about crypto then it will be risky but if u follow experts u will gain.
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This is a misconception that they have Crypto. The hazard in Crypto for me is because of our own slip-ups and thoughtlessness that is completed by our own particular hands. Essentially the majority of that relies upon the clients. In the event that they criticize Crypto like that, let it be. It's an obligation of haters to abhor this Crypto World.
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Many banks and entire States tell their citizens about the dangers of cryptocurrencies because they are now trying to subdue it. Once they do, I think they'll talk differently.
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Disagree. Crypto is not that bad. Only those who do not like crypto then spread Hoaxes about Crypto's ugliness. Even though the fact that the risk in Crypto is done by the user himself. If Crypto users are still beginners, the risk is also high, because they still don't have extensive and deep knowledge about the Crypto world. If you are experienced, they consider crypto to have no risk at all.
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Some few months back, the Central Bank of Spain made a statement about crypto with the aim to let the people know that crypto poses lot of risks than benefits as the people might have heard.
I'm not surprised that came from that came from the Central Bank of Spain because the banks detest the existence of cryptocurrency because it knows crypto is in to cause a great competition and disruption in its service delivery. It is trying to make all false claims about crypto in order to ingrain misconceptions in the people.
Crypto offers countless benefits with limited risks. The risks only set in when you enter crypto investment without adequate knowledge on how the market operates.
We can't forget that it's not that hard to loose a ton of money with regular stocks, people loose millions in seconds. While it's certainly possible to hurt yourself financially with crypto, it's not that hard to do the same with traditional instruments as well. Credit cards are a good example, its a blessing for most, those who pay it off on time, but causes bankruptcy in others.
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You must know crypto not only offers risk but also offers many advantages by utilizing it. Crypto can improve economic sector in a country. It also creates some jobs for people as investors, bounty hunters, developers, etc. So, don't just think about the risks, consider many advantages of it.
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crypto is really very risky for beginners who don't do research first, you can cry if you invest anywhere without looking for more in a project.
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I strongly disagree.The biggest risk of crypto currency is the loss of the wallet, it is also his own fault. :))
The market risk is also in the real money market.
for example; Turkish lira lost 60 percent against the dollar. Within 3 months
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I don't agree bro. For me Crypto does not have a big risk as long as we can be in a business in Crypto. So the true risk is created by ourselves, created and carried out by our own actions. So you have to learn a lot of crypto calm, to minimize the risks.
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However i will see it in a different way...... crypto can bring change to the fiat we are using and crypto can be a type of investment instrument on top of the normal invest instrument we are seeing now.
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We get a lot of benefits from crypto, everyone can see the transactions that you have done, blockchain technology is very transparent, everyone will feel comfortable and safe when making transactions. payment systems using crypto cannot be changed after we make transactions, this is really useful.
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I would argue not. I admit that bitcoin has great risks, but it is in tune with the fortunes on offer. Moreover, everything can be discussed. those who assume that the BTC has a big loss of advantage is on those who have not come to know the real crypto.
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All investments have risks. crypto, gold, silver, and buildings and many more that I might risk over crypto. All depends on the user how they manage their investment.