Are you a crypto business money market? Its a risk to understand

in cryptocurensy •  7 years ago 

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ACEHSATU.COM | BANDA ACEH - Fever crypto currency or virtual currency such as Bitcoin, Etherum, and Ripple not only in developed countries. The presence of digital technology-based currency has also infected the people of Indonesia.

As a new instrument, the virtual currency has a high risk voting profile. On the contrary, crypto money also provides a profit potential for the owner.

"The margin or the profit of crypto money is proportional to the risks. What every virtual money investor or crypto currency understands is to understand the risk profile characteristics of each type of virtual money owned, "said Reza, practitioner and observer of virtual money Aceh in Seminar entitled Introduction of Crypto Currency on Saturday (3/2/2018) in Permata Heart, Banda Aceh.

The event was attended by about 200 participants from various circles and dominated by young people.

According to Reza, as the times progress, the presence of virtual currency is a necessity.

Although Indonesia and some countries have banned crypto money as a means of payment, it does not, according to him, do not dampen the interest of global investors to make crypto money instruments as assets.

Reza reminded, because crypto money using digital bases, the risk of fraud and hacking is very possible.

"The crypto money trader must be technologically literate and keep up with the infromation carefully, and precisely", he said.

As quoted from www.coincapmarket.com, after breaking the record high price of 19,497 US dollars on December 16, 2017, the most popular virtual currency, Bitocin, had slid to 6.955 US Dollar on February 5, 2018. However, as of 3 March 2018, Bitcoin back traded at 11,389 US Dollar.

In January, the Commodity Futures Trading Supervisory Agency (Bappebti) said it is currently conducting an assessment to include bitcoin trade in commodity futures exchanges in Indonesia. (*)


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