Post
Topic
Board Bitcoin Discussion
Re: The risks of using Bitcoin
by
FulxilCoris
on 29/09/2021, 19:53:27 UTC
I think the biggest risk for bitcoin and other cryptocurrencies for that matter is the risk of loss and price drop during that time if some people can't wait patiently they will sell and will result in them turning into a loss and that's very high risk but it's only high for newbies. However you need to be aware that when entering the crypto world. It is both unregulated and decentralized, there are many risks as follows: speculation, law, policy, money laundering, risk of substitution. Anyway, I am ready to take the risk to get the profit, because Bitcoin will show us the huge and potential profit value in the future.