Post
Topic
Board Economics
Re: Does engaging with bitcoins put you at risk?
by
stephanirain
on 29/07/2018, 13:27:32 UTC
There are always risks in business and if you want to make BIG gains then you'll have to take BIG risks too. In last few months, Bitcoin hasn't moved much up or down after the January's hype and dump. So I don't think engaging in Bitcoin puts us at any risk.
Yes I agree with you. Engaging in this industry of cryptocurrency is also kind of a risk and desicions. If you want to gain a large amount of money then you should also take a risk even if it is hard to you but you should do it to be able to reach the goal you've always wanted.
Exactly.More risks means more gains so if you think you want to reap huge gains even in the future then start taking risks now.I think not just in bitcoin but even in other investments,risks is still there.It's just that bitcoin has more risks to take knowing it has also its own high volatility.
Everything in cryptocurrency is a risk, if you have made the right decision you might double your profit or even more. There are also risk that you will get nothing and that is part of in engaging cryptocurrency, but you can still easily return all of it in with out any worries.