Post
Topic
Board Bitcoin Discussion
Re: Bitcoins Investment: risk or benefit?
by
ekoice
on 18/03/2017, 08:59:44 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 which gives high returns is without risk.Bitcoin,being the innovative currency involves huge risks but if you see the past history of bitcoin,we could see it has given huge returns on an overall view.When we see the upcoming progress in bitcoin industry,we could see there are huge benefits.Since bitcoin is highly volatile,i dont believe that any government could accept bitcoin as legal currency and so there would be no fear of tax.