Quote from: zanezane on July 30, 2018, 03:37:01 AM

Quote from: beckspace on July 29, 2018, 10:11:06 PM

Dealing with bitcoin in my country is not a risky process but turning the cryptocurrency into fiat can cause big problems in terms of taxes in the future. Because there is no legal regulation yet.

Yes as the government especially banks putting their eyes to those who can't support where their money came from. And banks have little knowledge of crypto currency that's why they didn't honor it as source of income.

Of course risk is everywhere in cryptos, so if you don't have the balls to carry all these then you should be thinking right now.

It all depends on the knowledge which you have regarding this advanced concept of the crypto currencies which will decide the probability of the risk which you have to face at time when you are investing your money into the crypto currencies especially bitcoin. It is better not to go for investing of your money till the time you are not fully aware of all the things and that you are not ready to take this risk.