Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: yousufatik on October 05, 2018, 10:59:41 PM

Title: Does crypto bring more risk than benefit?
Post by: yousufatik on October 05, 2018, 10:59:41 PM
Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.

Please share your thoughts in favor of mine statement or against.
Title: Re: Does crypto bring more risk than benefit?
Post by: Bit on October 05, 2018, 11:21:26 PM
I am not surprised if central bank Governor of Spain said about that. Many government in the world doesn't agree with cryptocurrency. I don't know why they are so afraid. In my personal opinion, cryptocurrency has more benefits and little of risk if people can understand well about its characteristics. Just don't believe with the statement and look at the fact. 
Title: Re: Does crypto bring more risk than benefit?
Post by: Pupus on October 06, 2018, 05:13:12 AM
I think it all depends on how people use cryptocurrency. if we can use it well then we will benefit. but if not, we will only suffer the big losses.
Title: Re: Does crypto bring more risk than benefit?
Post by: TripleVodka on October 06, 2018, 08:37:46 AM
Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.

Please share your thoughts in favor of mine statement or against.
I think the Central Bank Governor says like that maybe because they feel if cryptos will rival them, if many peoples choose crypto as investment, store their money at the crypto, Bank will be get little invesment and Bank will be get little profit.
I'm really don't agree if the Governor says like that, everything if we can't use, it will be bring bad effect to the users, that like play in crypto, if we can use crypto to make a money, believe me if that will give you big profit.
Because the Bank is legal and crypto illegal in some countrys, that is make a peoples still can't believe with crypto and maybe they thinking if crypto is danger for them.
Title: Re: Does crypto bring more risk than benefit?
Post by: bdamenaakter on October 06, 2018, 09:22:39 AM
At times like this, it is really giving risks. The market becomes more complicated  this year. After continuous pumps last year on the prices of the cryptos, this year, tables have been turned and continuous downtrend took place. Many people are now losing profit and are confused whether to cut their lose already or to still hold at times like this. This is a risk for everyone since there's no assurance of recovery.
Title: Re: Does crypto bring more risk than benefit?
Post by: sandonbadi on October 06, 2018, 09:31:06 AM
nor do all the risks and benefits depend on the user, in doing business there are certainly risks and benefits, if some countries reject crypto it is not because of risk factors there are certainly other factors
Title: Re: Does crypto bring more risk than benefit?
Post by: Zyarifa on October 06, 2018, 09:39:30 AM
I personally disagree if Crypto has more risks than benefits, until now Crypto has benefited many users because there are so many people who get additional benefits from Crypto
Title: Re: Does crypto bring more risk than benefit?
Post by: TERMINO on October 06, 2018, 09:52:09 AM
More risk more gain.
No pain no gain.
The preparation and result is necessary. There should have relation in preparation for the better result.
Title: Re: Does crypto bring more risk than benefit?
Post by: bdsharminsoltana on October 06, 2018, 09:57:10 AM
Opposite belief, for me crypto offers more oppurtunity to gain profit than the risk. If you are smart enough in this field. Have sufficient knowledge to decide a good decision then you will win for sure. Crypto is an easy money that someone can earn even multiple times of his investment. Really can create a huge amount of money just by a good researcher.
Title: Re: Does crypto bring more risk than benefit?
Post by: Zed0X on October 06, 2018, 09:58:55 AM
Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.

Please share your thoughts in favor of mine statement or against.

You would expect such comment from someone working in a bank. We, from crypto community, definitely disagree.
What were the risk he mentioned? Surely there are risk but not greater than the benefits.
Title: Re: Does crypto bring more risk than benefit?
Post by: ayatoslaw on October 06, 2018, 11:06:33 AM
Indeed, what the Spanish central bank governor said, cryptocurrency does have benefits and risks, both of which can only be measured to what extent we understand it.
because basically business is a risk, so you want to be rich with risk, or want to be safe but do nothing.
Title: Re: Does crypto bring more risk than benefit?
Post by: jet on October 06, 2018, 11:10:16 AM
Risk is always their they are equal to opportunity. Taking the risk would simply getting the benefits. If you take no risk then cryptocurrency is not your friend. Risk taker are the one who wins in this kind of battle.
Title: Re: Does crypto bring more risk than benefit?
Post by: bagas79 on October 10, 2018, 02:50:22 AM
I think all the risks are in everything. It just so happens that cryptocurrency does have a higher risk. Investing and trusting in cryptocurrency will give you big profits and can also be a big loss. But the risk is not only in the world of cryptoccurency in any business, it is risky.
Title: Re: Does crypto bring more risk than benefit?
Post by: bhm45 on October 24, 2018, 02:54:49 AM
risks and benefits will depend on how in using it. When utilizing the crypto as it does for investment and trade then it could be promising. but when it is used as the black market in selling weapons to the war then it will be bad. especially when a lot of people who were exposed to loss due to fluctuations of crypto then it will make the risk too. but it will depend on how the strategy plays in crypto.
Title: Re: Does crypto bring more risk than benefit?
Post by: kenning on October 24, 2018, 04:22:21 AM
Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.

Please share your thoughts in favor of mine statement or against.

Risk is present any moment anywhere, you must be clear of what you are doing to lessen the risk that you are taking, crypto brings more benefits than risk for me. The only risk is the volatile crypto market but if you do your homework well and invest cautiously this risk can be lessen by a great amount. 
Title: Re: Does crypto bring more risk than benefit?
Post by: Cutter Cute on October 24, 2018, 04:40:29 AM
I don't think crypto has a high risk for online payment systems. Banks always deny crypto presence, they just think crypto can harm everyone because the price keeps changing, but it doesn't explain the huge benefits if they have crypto.
Title: Re: Does crypto bring more risk than benefit?
Post by: Legends on October 24, 2018, 05:19:18 AM
actually, it all depends on how we use cryptocurrency. if we use it well then we will get the benefit from it. but if not, we will only get the big losses.
Title: Re: Does crypto bring more risk than benefit?
Post by: Black ID on October 25, 2018, 10:57:26 AM
Depends on It all depends on how much we understand Crypto. if we already know a lot about Crypto and how to prevent existing risks, Crypto automatically will provide many benefits and provide many benefits in it. Vice versa, if there are still many people who do not understand the Crypto world, then for them Crypto is full of risks.
Title: Re: Does crypto bring more risk than benefit?
Post by: DogeTalk on October 25, 2018, 11:07:57 AM
Believing is an important point of strong influence to assess crypto and influence crypto prices. we as users must believe in crypto. it will help the development of crypto in the future.
Title: Re: Does crypto bring more risk than benefit?
Post by: Andruha1993 on October 27, 2018, 09:58:12 AM
If you understand well what cryptocurrency is, then there will be no risks for you, you will only receive benefits. But if you do not know how to properly use it, then of course there will be a big risk, for example, investing, trading, and so on.
Title: Re: Does crypto bring more risk than benefit?
Post by: Thegals on October 27, 2018, 10:15:04 AM
Risks are part of investments including cryptocurrency. So when deciding to make an investment we also need to know the risks first. The risk of loss even loses all our capital. But besides the risk that there is an opportunity to get a big profit too. Like a quote that says high risk high return.
Title: Re: Does crypto bring more risk than benefit?
Post by: Norma on October 27, 2018, 10:38:17 AM
Any activity must be risky, but when we know which ones are at high risk and which give a high chance. Crypto brings the financial world more efficiently and makes someone practice managing their respective assets. The real risk is to eliminate the monetary system in the banking system, but when crypto is truly regulated through good regulations and systems, it will remove risks and bring benefits to humans.
Title: Re: Does crypto bring more risk than benefit?
Post by: pelana vreo on October 28, 2018, 01:07:11 PM
They looked at Crypto from what point of view and said that Crypto was very risky, I felt that the bank had begun to fret with the very large crypto community, they would adopt blockchain and crypto technology so that they could see the benefits they could use using this technology
Title: Re: Does crypto bring more risk than benefit?
Post by: elghonee on October 28, 2018, 01:16:09 PM
Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.

Please share your thoughts in favor of mine statement or against.

No, I think Crypto currency is more benefits than risk. It is the future currency and will be more valuable at the future.
Title: Re: Does crypto bring more risk than benefit?
Post by: lavoncoin88 on October 28, 2018, 01:53:12 PM
Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.

Please share your thoughts in favor of mine statement or against.

Every things which associated with money will have their own risk but don't mean we can't take the benefits from those things moreover too in crypto even though the risk clearly high but we still can take benefit from it but indeed it all depend on how far people able to utilize crypto to take benefit.
Title: Re: Does crypto bring more risk than benefit?
Post by: deenar on October 28, 2018, 02:06:32 PM
Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.

Please share your thoughts in favor of mine statement or against.


I think every investment has risk. But In my opinion Crypto currency is more benefits than the risk.
Title: Re: Does crypto bring more risk than benefit?
Post by: aji678 on October 28, 2018, 04:34:28 PM
I think crypto brings both risk and benefits , crypto have its advantages and disadvantages also but Wether it more risk than benefits now depends on you, how much you are investing in crypto or the types of crypto projects you are investing in, so these are the factors that will determine maybe you will see more benefits or risk from crypto.