Bitcoin Forum

People are loving cryptocurrency.....
but on the other side of a coin
it must have many risks
list all the risk and make people's aware///////////

Investing in cyrptocurrency has a very high risk because the price is very fluctuating. bitcoin as a major investment because of the limitations that can not be analyzed. There is not enough ecosystem around bitcoin for fundamental analysis to be able to study it as an investment.

Nice post. Very informative of you. The risks of investing in cryptocurrency depends on which assets you are gonna invest. I prefer not investing but working to accumulate your own coin.

My personal take on this is that investing in crypto currency would only take into account if you are spending money outside of what you can lose.
To those who asks me how much they should invest in crypto currency, I always advise them to only spend the money they are willing to lose or 10% of their income at the most. Crypto currency should also be treated same as any other investment, the ratio of risk to reward should be calculated.

Investing in crypto currency is quite risky. You never know, what the price will be tomorrow. That's why you don't have any guarantee. You can earn a lot or lose everything. The rate is unpredictable. In my opinion, this is the main risk.

We must divide the risks into several levels.

 >>  Risks when buy, Sell and Invest.  <<

Risks when buy, Sell
when you want to buy must find trusted seller or exchange way because bitcoin is Non-returnable.
you must find trusted way to make money back.
Central platforms may be good for buying and selling, but they require you to comply with all regulatory restrictions with cheaper rates and faster confirmation.


Risks when Invest
price can changes every hour which make you being fast when want to buy or sell.
If you do not know the resistance levels and how to buy and sell at the right time, you may lose all your money.

The most common risk we have in investing crypto currencies is that the price is fluctuating in which if you will not render a regular monitoring it will surely you will lost your investments therefore the need of constant checking and updating will help to prevent losing the investments. The other risk is if you will not check carefully the website or the trading site that you are going to pour your investments that you might be a victim of fraud or scam sites losing your hard earned bitcoins too.

Everything you do has risk somehow so you should be aware yourself beforehand about these things before you go doing something. You are obliged to do some research about cryptocurrencies so that you will know about these risk and should depend on others to know other risks, it's just a bonus to you to know more about it on other people.

 Any investment is risky esecially in cyrptocurreny because it is volatile. The value of the coins is not fixed. So everything you want to invest , even venturing into business is risky too. But inorder ro gain or earn you need to take risk. Just be careful which coin you want to invest and study the price inorder to avoid losing all your money.

Its truly a risky investment in crypto world and its hard to predict the movement but can give you a huge profit if you know the flow.

For me, cryptocurrency is a matter of luck. We are all here putting the risk that we will gain but I know also that we anticipate what will happens to us, our time, effort and money may gone in just a blink of eye.
Taking risk is part of success! If you to be successful, then sacrifice and learn to have hope and patience on what you are doing.
Cryptocurrency is good for all people who are aware.

We all know that cryptocurrencies has its own advantages and disadvantages. We should also know what can we gain and what risks can we encounter especially when we engage ourselves as well as our money in it. Example of risks are being scammed, losing money, and many other things that may affect your daily life.

In my opinion, we should be discussing, How to avoid the risk rather than discussing it.

Following points are according to my understanding avoid risk(For beginners & Weak Hands).

1. Play the big game(HODL), Have long-term Moon goals(Short-term goals always not perform well in Crypto).
2. Learn about your Risk Get as much information as you can about your investment(coin).
3. If you are investing in the Crypto always invest a portion that you are willing to lose without any problem.
4. Always take a calculated risk, what I mean is the if that coin you have invested goes to zero, You don't give a damn.
5. Take a break and chill out(Sometimes its ok to forget everything about the crypto and enjoy your life.).
6. Crypto is filled with Scams, Ponzi schemes. Avoid them.(Follow real people e.g https://twitter.com/aantonop?lang=en)

What do you guys think? , Let me know your thoughts on this.

I would say it is very easy to participate in any type of cryptocurrency deal, which means:

A) It is very easy to be scammed. Most people is well intentioned, however there are millions of scammers who want to get your coins and don't mind how.
B) It is very easy to trade therefore losing if you are not interested. Internet is flooded with information which may newbies think they have all the tools they need to become rich with trading, this 99% of the time becomes a loss.

They main risk is that you can lose all your money. In order to avoid that, I suggest investing on long term. Avoid short term as much as you can, as you might fall into the emotional trading.

Passwords.  With cryptocurrencies you can't just forget your password and ask a bank to send SMS in order to reset it.
So this is a risk investing in cryptocurrency - you can easily just lose your password and your money will be hanging there in blockchain for millions years.

The crypto world is itself runs on the risky feature of it that is decentralisation which gives it both anonymous nature and risks involved with fraudulent cases. However, the risks which can come in the use of crypto might be related to the way we are using it.

I think of these risks according to use of it!
A) ICO investment : It is one of the big risk when you invest into different projects which could be fraud or scam in the later time of their development phases.
 
B) Gambling : This is one of the foremost way of loosing all your money if you are not responsible about your investment into it. You can easily get carried away with this type of investment and greed might just eat your money.

C) Lending : We have seen many cases in the meta section for appeals that are against the people who ran away with the lend money and that obvious when you are playing with your money in the decentralised roof and there is no proof in the first place.

D) Investing into Ponzi schemes: We ave all came across the concept of could mining where people do go and invest huge money because the sites claim that you can earn X % monthly or daily on your investment. The more you put in the more you take away that is what the claim is all about. But nothing works like that and you can loose money over there easily.

So be aware and responsible while doing so.

It seems to me that the biggest risk of investing in cryptocurrency is a prospect of a General ban. Until there was a hope that bitcoin will be used as currency increased demand for bitcoin and the prices rose. Banks and governments could not stop the use of bitcoin as currency. But people have turned bitcoin into a tool for accumulation. Under these conditions, we will never get rid of the need to exchange bitcoins for Fiat. It makes us vulnerable. Therefore, investors are leaving the cryptocurrency. We see the outflow of capital of all cryptocurrencies.

A wise person once said that we can never be successful in life if we don't take any risks. Apart from this, cryptocurrencies have shown huge gains over the last few years and may be that is why people are so delighted to take the risks and invest in crypto coins. Anyways, there aer many risks involved in crypto such as
* stealing of funds
* investment fraud
*losing funds by sending to wrong addresses
*lack of coin development
*speculation
*volatility
*pump and dumps
*panic selling
* losing money in trade etc...

that's right, but I think bitcoin is the most successful investment.
whenever you enter and start investing in bitcoin it is the first step that can definitely lead to success even if either it is a period of several years

This topic has been here for many times. Yes the cryptomarket is really volatile you may earn or lost potentially 20% +/-  DAILY Depends on what is really happening in the real world. You may still earn a lot from long term investing with cryptoes. there are a lot of panic selling happening this past days/months due to regulations and trading sites starting to ban and getting verifications from their users  which makes the small traders and panic sellers start to dump all of their money into fiat.

If you want to invest in cryptocurrency everything should be risk. Because this is digital currency so it is always risky. If you want to profit in investment you should take some risk else you don't get profit. I think all the cryptocurrency also risky investment so I don't list out the particular coin. In current scenario all the peoples are analyse the best coin so peoples are always aware in crypto market.

The biggest risk is the lack of regulation.  It's what allows these pump and dump scams to exist. It also allows Chinese whales to seriously manipulate the market, setting up selling wallets, etc, it's basically the Wild West.

It's wonderful when you hit one out of the park, but on the downside, it costs people a lot of money.

also, to me the next biggest risk is the lack of resource if you mess up and use the wrong address when sending coins around.  For example, even if you're off by one letter, you could lose all of your coins in transit.  That is a HUgE risk that people don't talk about enough, I've never sweated the copy and paste function this much!

People love cryptocurrency just because it can afford them a good income, few are those that really believe in cryptocurrency and try to improve the technology behind it.
Cryptocyrrencies are widely traded and the market cap volume is really huge but we don't see many shops or places where we can spend this currency.
The risks are high because of price flectuations, it is a common problem between all markets not just the crypto market.

If someone steal your wallet with your bitcoins inside, who is the authority that is going to act for that consideration? Actually, none because bitcoin is free of authority which is a good thing and bad thing also. For example, when Mt Gox. went to bankruptcy, no one took care of thousand of people which bitcoin was stolen (according to them) and the japanese governement, even that took actions against Karpeles and the company, wasn't enough to fulfill the situation.

Here's the thing, he risks are probably also what makes crypto appealing to many people. Volatility, anonymity, decentralization and none regulation pose risk to any investment, and curiously these are also what people find attractive and what draws them to invest.

The first risk I can think of is scams, it is happening daily to scam users of their crypto currencies. The other risk is pump and dump, people tends to buy when coins are pumping and became a bag holder when the coin dumped on them.

Investing in cryptocurrency is altogether different thing from investing in normal market.There are many risks that one needs to take in order to get success in this field.First and the foremost risk is you can't physically see or touch your money so you can't protect it by your self and that means you have to rely on some others like digital wallets to protect your money.In this their is huge risk hacking and frauds.Here you are dealing with some alien currency which is not accepted by your country's government.Trading done with various markets have difference in price and so you can't have proper trust on exchanges too.This are few bigger risks but with that there are many small danger that you have to overcome like frauds in withdrawal,Bettings etc.

The scam is only a minor risk in investing in coin. The major risk is the whales, they can dump the coin and leave you with nothing.

Due to the lack of government control, terrorists and extortionists are also utilising the cryptocurrency space to their advantage. “Bitcoins users on either end of a transaction can remain relatively anonymous and cybercriminals have found ways to mask their addresses, so it can be difficult for government authorities and companies to trace such illegal activities

Every investment is a risk. Stocks, Forex, Crypto. JUst like what everyone always says, Invest only what you can afford to Lose. But the greater the risk the higher the reward

Risk in bitcoin includes fluctuations in its value so its highly risky to hold your investments for too long. Another risk is there are so many phishing sites and scams that can convince you to join them. So be careful and study all the topics related about bitcoin to minimize the risk in earning bitcoins.

Let me take a quote from Muhammad Ali that says "He who is not courageous enough to take risk will accomplish nothing in life". In our like we always take a risk, even driving to work and home is coupled with a risk. The same way on how to earn money, we take all the risk in order to be rewarded someday, but what important most is that you should know how to managed your risk. If you dont have enough money to buy a food everyday don't risk that money to dive intro crypto.

There are risks, but it is manageable if you acquire the knowledge to do that :

1. The Bitcoin price is very volatile for Merchants. < Merchants can use payment processors to mitigate the risk >
2. The Bitcoin price is very volatile for Traders. < Traders should buy low and sell high and ignore short-term volatility. >
3. Third party services can be hacked. < Do not store large amounts of coins in third party services >
4. Governments can Ban Bitcoin. < Use Black market & Dark Web, if they do >
5. The technology might be too difficult for people to understand and they might make mistakes. < Do more research >

Those are just some of the risk and the strategy to mitigate those risks. ^smile^

The risks of Bitcoin are panic selling, decrease in the value due to some country banning Bitcoins, you can get scammed online while trading/loaning if you don't take precautions. Up until now Bitcoin has always recovered and continued to grow further. The fluctuations in the value is one of the reasons why Bitcoin is appropriate for investment.

There are always a risk in cryptocurrency especially in terms of investments ,high or low atleast you try.There are some instances you can encountered scams but despite of that as long you know how to manage well your money and know what kind of trading or market you were joining ato avoid those scams in investing.

The first risk that we can make us cry is lossing the money because this investment is high risk high return.
However, as young people, i like to have high profit so i am ready with high risk.

If you dont have any knowledge about your investment or what you're investing in then you surely got lots of risk, but if you did your homework by researching the ICOs and projects then at least you're decreasing your risk of losing money. The main risks about cryptocurrency or investment is mostly losing money, not to mention if you gamble your whole life or even your pension fund then it might make you do suicide  ;D ;D . And other notable risks i experienced is wallet being hacked, its not about losing the investment or money when these ICOs dropped. But it was stolen, that really a risk that everyone should be aware of.

Biggest risk is that prices are volatile, this means that you can loose all your money in one go.