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 really agree that cryptocurrency brings many benefits in our life, especially in improving the payment system and creating new job opportunities. Talking about risk, it is always there in every business we do. Not only in crypto world.
Maybe it's dangerous for newbies, I mean what would be the right cryptocurrencies we are going to buy since there are thousands of numbers now in the market. That is the reason why i always stick to bitcoin and just recently to ethereum aswell because i know the both coins that i am holding right now are potential and promising coins. I always goes to the safe side than to risk my money in investing to the cheaper one but doesnt give me an assurance to earn profits from it.