Author Topic: What are the risks  (Read 612 times)

Offline allcoinsmoon

  • Sr. Member
  • ****
  • Posts: 172
  • Karma: 1
  • Referrals: 0
What are the risks
« on: January 31, 2019, 12:17:15 PM »
Thereís risk as well as a great opportunity with Bitcoin. While it has been appealing to criminals due to its anonymity and lack of regulation, there are lots of benefits to all of us if youíre willing to accept some risk to jump into the Bitcoin marketplace. Since there is no governing body, it can be difficult to resolve issues if Bitcoins get stolen or lost. In 2014 Mt. Gox went offline, and 850,000 Bitcoins were never recovered. Once a transaction hits the blockchain itís final. Since Bitcoin is relatively new, there are still a lot of unknowns and its value is very volatile and can change significantly daily.

So, the juryís still out if Bitcoin will accomplish what its proponents predict, the replacement of government-controlled, centralized money. I fully expect 2018 to give us even more insight about the future of Bitcoin as the technology continues to grow and mature.


Offline Delgboke

  • Super Hero
  • ******
  • Karma Associate
  • *****
  • Posts: 755
  • Karma: 2
  • SKELPY - Certified Decentralized Blockchain
  • Referrals: 0
Re: What are the risks
« Reply #1 on: June 05, 2019, 03:22:27 PM »
There are risk in every business you get involved so not only in bitcoin investment that are more risk is just nobody controls the bitcoin market that's its looks like is the most risk business to invest on because the value can decrease at any moment without any preformation.


Donate to CTW Forum