Post
Topic
Board Bitcoin Discussion
Re: Bitcoins Investment: risk or benefit?
by
Xester
on 18/03/2017, 06:52:12 UTC
-Benefits is you may use that bitcoin to invest in other Bitcoin services and invest bitcoin is safe,profit good
-Risk is that Bitcoin collapses and if countries and government accept Bitcoin, Bitcoin will have tax, your computer can be hacked
What’s your opinion?

No investment is safe, especially with Bitcoin. The price is very unstable, so it can go down at any time and your investment will be over. When investing in anything, you need to assume some risks. There is a benefit only if the price keeps growing, like it did in the last few weeks, but do we know when it's going to stop growing? We don't. The scenarios of countries accepting Bitcoin is unlikely, at least at this moment, except if they want to experiment some kind of a test on us.
I truly agree with u..fine no investment is safe, they also the risk side of it...that one should have in mind....and that they can be change of price in  Bitcoin its unstable..and it might affect investments...
but the investment risk. in bitcoin can be minimized if you have the skills, knowledge and patience. then the risk will be smaller.
because with the skills and knowledge do you know when to sell and buy bitcoin appropriately

I acknowledged that statement that with sufficient skills and knowledge we can adopt and lessen the risk in any investment as well as bitcoin investment. As the most famous quote says "Knowledge is Power" the same goes in any investment that if we equipped ourselves with proper and sufficient knowledge pertaining to bitcoin investment then we will know when to buy and sell your bitcoins without having a losing profit.