Post
Topic
Board Economics
Re: Does engaging with bitcoins put you at risk?
by
Polar91
on 23/09/2019, 03:02:28 UTC
All forms of investment involve a form of  risk, No risk No gain, Engaging in Bitcoin has a level of risk, but worth the risk, as it is not a bubble,ponzi scheme, that can colapse in a  flash, Bitcoin gives a high level of return  compare to all other form of investment.

The risk involved with Bitcoin is still within tolerable limits. But some of the users go one step further and invest their savings in ICOs. There can be no investment more riskier than this, given the fact that more than 95% of the ICOs end up as failures. For now, I am sticking with Bitcoins. None of the other cryptocurrencies seems to have a long-term future.
Altcoins have future too, if you will open your eyes. We can't deny the fact that each altcoins has their owrn usability, features, and etc. Although we see that Bitcoin is still inferior in this field, we shouln't neglect the fact that it's not the only coin in cryptocurrency and every altcoins has also potential to grow just like Bitcoin did. Crypto mass adoption will happen if we'll embrace this fact.