Bitcoin Forum

Dangers inside crypto investing
People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great!”

First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments.

Read : https://paperblockchain.com/what-are-the-dangers-in-cryptocurrency-investing/ (https://paperblockchain.com/what-are-the-dangers-in-cryptocurrency-investing/)

Investing into cryptocurrency is really dangerous when you get into it without understanding what cryptocurrency is all about. The danger can be explained in a short with the present price drop. If a newbie have entered the cryptocurrency market and invested $1000 when the price was above $10000 what he have at present might be around $840. This will be understood by an long term user that it'll recover, but the same won't be accepted easily by the newcomers. This will end up the cryptocurrency involvement of the user.

There is danger in different forms, starting from the fluctuations to the hack. It is our responsibility to secure ourselves and stay active to overcome the dangers.

Last I heard, the financial adage "invest only what you can afford to lose" remains relevant until today.

I don't think it is encouraged that people will borrow to invest. Cryptocurrency, just like any other investment, has its corresponding risk, and there is always a possibility that instead of positive returns one will incur losses, or instead of months the ROI will arrive after years. One might fail to pay for the loan if that happens or might end up working for the sake of paying the loan.

Neither is it encouraged to risk every penny of a saving for investment. Emergencies and other unforeseen expenses may arise anytime. It is always wise to have some savings left for such possibilities.

this has absolutely nothing to do with being crryptocurrency nor with the volatility. this is bad in any kind of investment. an investment should never be with the money that you don't own (aka loan) or money that you can not afford to lose (aka all lifesavings). an investment should be with the extra money that you don't need immediate access to.
then you need to make a wise investment which means the only option is bitcoin not "cryptocurrency" in general because altcoins are not worth investing into.

It will be highly risky to use your life savings or take loan from the bank to invest on crypto especially alts coins, but if you all in btc, it is risky as well but if you are patient enough it is worth it, if i had invested my life savings in btc alone in 4-5 years back, i would be singing a different song by now ;D

The longer the time period to repay the loan, the higher interest to be paid in accordance with the initial agreement. Of course, taking a loan is a very risky thing, especially using that money to invest in crypto, which is not certain that we will get profit quickly. This will make it hard for us to repay loans because of this pressure.

The main reason why Banks are so rich. That's because investing in loans and credit cards have been a "norm". That's what your parents told you to do, that's what everybody that's an adult, tells you to do.

I remember a friend of mine when he saw one of the students that go to school the same we go in said that, "oh, rich kid", the reason being his dad dropped him off at the gate. Little did he know that, that "car" and probably their "big house" are from loans from the bank, and the parents are working their ass off paying those loans. So much for Financial Freedom.


Well said. The best and worst thing about Bitcoin is, it's a double-edged sword (for now at least). We can take advantage of its volatility and profits but sometimes it will flip you over.

The market cap in cryptocurrencies is quite low. This makes it really volatile as is easier to have big pumps and dump, this makes it really risky but also really profitable. Another factor to take into account is the devaluation and inflation of FIAT and the crazy negative interest rates on savings. As everything the higher the risk the higher the reward, but keeping in mind you can lose a lot. Finally, some risk management techniques helps quite a lot into managing when and how much to buy/sell.

It is a very good article, you have to be very cautious when you see opportunities to make money quickly and quickly, it almost always tends to be scam or take your money, either in multiple ways, one of the most common is the pyramid.

It is not recommended to put the money or saving of your life, since it is very risky and even more when you do not have previous experience in the market, you can manage a small part to start and experience, take experience and learn, already with time decisions can be made either in the field of speculation or investment.

When teaching persons new to bitcoin, I tell them the whole truth: how it can make you rich within the shortest time possible and how it can make you think you must have chosen the wrong investment. I don't give absolute immediate guarantee, because not all will be patient enough to take losses. And I cancel them against investing in HYIP or some kind of automated platforms with daily profit.

the main danger that you can mainly see it nowadays when it comes to investing in this market is about being misled by others. unfortunately there is a ton of bad information out there, specially on platforms that are easy to create content and there is some sort of incentive like Youtube. you see a lot of people giving bad advice, hyping some shitcoin, ... to the beginners and lead them into making bad investment decisions and lose money.
as a beginner they need to always stay away from these types of people.

Everything here is a risk. There's always a risk that makes it dangerous that's why I don't recommend investing in cryptocurrency using your life earnings and savings. It could affect your whole life if you lose it. It's better to invest with your extra money or from your earnings, don't invest all of it. Know your priorities.
Those reasons mentioned in the article, are always there. That's why it's better to have proper knowledge about crypto and always be careful... Actually the article is a good way to remind everyone, especially newbies about the risk and danger we might encounter from the time we engaged ourselves with crypto. But these things are not a hindrance that would stop you if you know in yourself that you're capable enough in avoiding, and can manage those kind of danger.

Do not take credit to buy any cryptocurrency.

Do your research before buying. IMO the only asset you should worry about for now should be Bitcoin. If you want to dabble in other cryptocurrencies, make sure you know what you're getting into. Most of them have large pre-mines and the founders/investors are just dumping on you.

Buy only what you can afford to lose. If you're starting to feel anxious over your holdings, it's because you bought too much. Sell some and reassess.

Never invest in cryptocurrencies using all your earnings and savings because there is no assurance in cryptocurrencies because of its upside-down price. Never ever use your hard-earned money to invest here. The extra money will do and make it grow but there is still no assurance at all. If you think you have enough extra money that you think you will not use for the entire Year then maybe that money will do for your investment. If you really want to invest huh.

The first rule of investment is to invest only what one can afford to lose. So obviously investing life earning and savings sounds like a bad idea. However, it's not about investing in cryptos specifically, it's about any investments. I agree with the obstacles listed in the article, all of those things are indeed the case. However, I still think Bitcoin is a great investment opportunity even nowadays. Surely, there's volatility, and of course, it's possible that Bitcoin will just collapse. But if you invest in something more reliable like gold, for instance, you can also be pretty sure you won't receive good profits from it.

Horrible idea? Has this article been written by someone who didn't invest on bitcoin when the price was very low or is it someone who invested on the wrong time, sold their coins, made a loss and is now regretting after watching the price go back? All kinds of investment has a risk. Investing on crypto currency is also risky. They are volatile but in the long run the price always tends to go upwards. Experienced traders can take advantage of this volatility and make some sweet profits within a very short time.

It's not dangerous to invest in cryptocurrencies, it's just riskier. Problem is that some people who invest in crypto are dangerous themselves, why? Because I have seen some people on reddit for example who put house in a loan and invested all money in bitcoin. Just don't know what to call such action and the most sad fact is that that person did it when price was nearly 20k, he choose worst moment in his life.
It's another sad fact how blindly people fall in nice words. Just tell them to invest in something that will give them huge profit and they are ready for putting money in it. That's very sad fact, even nothing to talk about crypto, demands are still high on HYIPs. Crypto's risk is similar of USD investments and hyips are out of control.

No, you are wrong. That is not dangerous that is risking your money from the investment of highly volatile and that is how bitcoin works.
First, always remember to set an amount that you can afford, I mean not your all money inside the pocket and after a week you worry about the daily needs in your family. Invest that you can afford and willing to wait even how many years before you can get profit. The amount that you invested in bitcoin were never lost only the value between dollars and the bitcoin. If you can wait for a long time until bitcoin become expensive then, for sure your profit was there.

Sounds like people are mistaking Cryptocurrency for a get rich quick scheme. Now, I don't think anybody has gotten rich over night from crypto, but have certainly gotten wealthier much quicker than by most means.
  When I was a noob here, people always told me to never go all in on an investment, instead, to practice my Due Diligence and only risk what I could afford to lose (disposable income), less you're willing to lose the shirt off your back.
  

Crypto investment is really risky so we should always see to it that we will only invest on the amount we can afford to lose. Not just in crypto but even in all other investments, we should always set aside savings for ourselves because there is no guarantee that there is always positive result after investing a huge amount in crypto. Although the returns is great, but it's not practical to risks all our earnings just for a single investment.

Danger is twin brother of risk.  So if we say it is riskier then we directly saying that it is more dangerous.  I agree, without proper knowledge it is very dangerous to invest in cryptocurrency because of the several reasons stated by OP.  We need to acquire more knowledge in order to minimize risk that is involved in cryptocurrency investment.

Just to be fair though, every investment has risk involved remember that.

One thing that separates crypto though is that this market is prone to manipulation that's why the risk factors multiply. And then this is a speculative asset as well, so there's a lot of dangers wherein you don't know how the market will move in the next couple of minutes and hours.

That's why if you are a investors, you really need to understand the circumstances behind this crypto market and then decide for yourself how much money you are going to invest on it.

calling it risky is more better than calling it dangerous   . risky because there is a chance that we loose but not dangerous because cryptos cant harm us phhysically  . it will only be risky if you will not take time to read and investigate if what is good and bad but as soon as you know what your doing youl be just fine  .

money came from saving or loans are not the best source to put in cryptos because saving meant to be in your future and loans were meant to be for emergency purpose or can also work for future use  .   salary can be a good source however because you can always earn it from working .

It is not advisable to invest in cryptocurrency with a loan or Lifetime savings . Investing in crypto is very risky if you have not good knowledge about crypto currency. It is not right to invest in your lifetime savings in crypto. Because it's difficult to say when the crypto market will go in which direction. You can invest a small percentage of your savings in crypto, which will not hurt you even if you lose it.

Yes, investing in cryptos can be dangerous, but then which investment venue is free of that today. To have good returns, you have to be at risk. Just keep working on how you can minimise this risk.

This question will probably continue to appear. Because new people nowadays many are interested in investing in crypto. But they will also surely ask about the risks they can face.

Huge gains in a short time can be acquired and the Crypto industry. So it will be a lot of people trying to find capital through bank loans, or selling land and taking money from savings.

That's what I think you might be able to do, but it's very risky. As a beginner, it is better to use reasonable capital and try to learn more about Cryptocurrency.

Someone gave me an advice about investing and he said that we shouldn't invest any amount that we are not ready to lose in the first place and I do believe that this is very true for all investments in the world. There is a 50% chance that you may end up losing it all but with cryptocurrency investment,  you only lose your investment when you sell , so if you are patient, you may end up making money.

In addition, I would like to add some important aspects related to cryptocurrency investments as :

Cryptocurrencies are digital assets so while accessing them keep your device secure and safe.

the second important thing is keeping your data private or safe.

the third aspect is being more active and updated with the market.

the last one grabs knowledge to make a positive decision confidently.

You should not invest in the cryptocurrency if you don't know the risk. You risk your life earnings and savings by invest in something you don't know. You don't have to take a loan to invest because you can invest with your money no matter how much you want. The return of the investment is bigger if you are in the right time to cash out your investment, but if it's not, then you need to realize that the chance to lose your money will be there.

I don't read the article because I think every people will have to realize that if they want to invest, they need to know the details, so they don't have a regret in the future. The volatility of the price is something that we must concern so we can leave the market with the money and stay calm for a while until the price can down again so we can get a low price to buy.

I hope that times than people were taking loans for crypto are gone

There is nothing wrong if someone wants to invest in Cryptocurrency, at least have enough insight to understand because the risk for someone who invests in bitcoin or altcoin is quite large, because you might lose so much money and get a big loss or lose ...

When we are going into any business or any business investment, we should always know that there are risks that are always associated to it, and what makes us a very good investor is the ability to recognized the risk and then learn how to deal with it. For us who has been in the investment of cryptocurrency, we should already know by now that the one big risk that is associated to cryptocurrency investment in general in the volatility aside that risk of scam and other ones.

Volatility drains the pocket if we don’t know how to manage it, and one way we can manage it is to identify project that are very good first to invest in or trade with, it is when we trust the project that we will be able to learn and device strategies that we can always use to deal with the volatility of the coin. Bitcoin has a very high volatility, but because of its real use case, it is easy to manage it.

I recommend using your earnings and savings if you really want to invest in cryptocurrencies but never take out a loan just for this, because you'll just add problems in your life, you might be wondering why, well let me tell you. If you don't have any earnings or savings as of now and you wanted to invest in cryptocurrencies to take advantage of the market and decided to take out a loan, then you'll just end up having too many debts, we don't know when the bull market will come, and the payment you need to pay when you take out a load will not wait for it.



It is not a horrible idea just because someone posted an article that he didn't end up well when he invested his money on cryptocurrencies, we have different choices in life so maybe I guess he made the wrong choice or maybe he is not just a fan of cryptocurrency.

I believe that after the mistakes that the newcomers made at the end of 2017, users have already learned to be more careful and cautious in their desires and their actions.  At that time, everyone was hoping for a quick and rich profit when they started buying cryptocurrency at the end of the 2017 bull run, which was a very big mistake.  Even so far, these cryptocurrency users have not fixed their mistakes and could not even return the money spent.  I think that today the cryptocurrency market does not show such rapid indicators of capitalization growth, because users have already realized the complexity of the risks that accompany activities in the cryptocurrency market.

I don't recommend taking out a loan for any investment unless you are a professional investor. Volatility is not the only danger of investing into cryptocurrency. There are many risks associated such as being an unregularized environment. Then we've got to acknowledge the fact that cryptocurrencies are a high risk, high reward bet. The blockchain technology is being adopted for sure, but that does not mean that Bitcoin for the example sake will be the world currency. Governments might just issue their own cryptocurrencies and people might just go with that.

The truth is that most people are not really "hungry" for anonymity and privacy/freedom. In a way they want to be protected by the governments and want a currency that is regularized from all points of view. But if Bitcoin gets adopted it will be huge. So as I said: high risk, HIGH REWARD!

investing in crypto mostly on ICO projects or cloud mining is very controversial because the nominal needed to to get real profit or get ROP ASAP like that always ended as fraud investment . and with the truth of investing in the internet this is an opportunity for them to make their way to make instant money . and sadly still many people fall for it.

At first, I know Crypto produces huge gains very easily. So I am also interested in investing. I took my savings money and at the moment it was pretty big. The gains I get are great, but I can also lose it quickly. I may have good fortune, despite the loss of money, but I have made many profits.

For now, for those of you who want to invest and trade better, learn about crypto. You know better the risks you can get in this industry. So you can take the next step to determine the capital you're going to use.

Obviously scam projects, it's our risk when investing to any platform because we didn't know if it's legit. Some people are just spending money without checking the legitimacy of any exchange or platforms. But I think it's normal to risk since it will reward you high profit too.

Learn about cryptocurrency so you'll absolutely avoid being scammed.

Investing in a cryptocurrency will have a risk because of the volatility, and I think you already knew it, but maybe people in out there don't know that. They invest their money in cryptocurrency because they read some news that when they can invest let say $10k, they will make a bigger profit in some short time. Well, that is not true because if they get involved deeper in the crypto world, they will see that news is wrong, and they will leave the crypto after they know the truth.

We don't suggest people to take a loan to invest in cryptocurrency nor investing all of their money because the risk will bigger than they can thought. We don't want to see they are lose all of their money because of the volatility or they don't want to learn more about how to make a profit from the cryptocurrency. But we can let them decide.

I guess people who are prone to the danger in investing in crypto are those who are not fully aware of how the market works. Sometimes the hype in the market entices people to put all their money in crypto without even understanding the risk of what they are getting into. One friend of mine a few years ago when we are both new in crypto had earned $1,000 when he first invested. And being too confident on the crypto market, he even sold some of his personal belongings and property put all in crypto and had lost multiple times of what he first earned. A lesson that would really hit you so hard. Always invest what you can afford to lose, and never be to complacent that crypto will always bring you great fortune if you are a risk taker.

if you don't understand bitcoin, don't start trading bitcoin because it's very dangerous because if you don't know about bitcoin, so you have to understand bitcoin before you invest in bitcoin or trade bitcoin if you don't want to experience huge losses

The danger associated with investing in cryptocurrency would stem from the lack of security and guarantee of payments.

Unlike conventional and traditional methods of investing, your money is backed upon by security and collateral in case the investment fails. In stocks, you will always have the choice to cash out your investments based on trend, data, and research. Also be reminded that all of these are governed and managed by a company and regulated by laws.

In cryptocurrency, the returns may be relatively higher and faster but the risks associated is proportionate to the amount you invested. Meaning, there will be no guarantee and security that you'll receive your amount in case the market fails. There are already instances wherein people invested in bitcoin but its price plummeted to the ground.

Many new adopters get scamming by investing or cloud mining. and there are still many people affected by things like that. Avoid unclear investments and understand the ponzi scheme. that is mostly case investment in crypto its all about. ponzi thing.

Once the money is involve on investing, that is the time were your capital already in risking part. Not only in crypto currency but also in some category of business as well. But since that we are in crypto industry, it is very risky because you/we are buying digital currency or engaging in online schem of investment which there are no 100% guarantee that it can become a real money in my own opinion mate.

Friendly advice that doesn't take a loan if you are planning to invest in bitcoin. Just use your personal savings either but those you can afford to lose. This is sort of gambling because your capital may put in risk while investing but as long you can patiently wait your investment capital will be fine. Choose good potential coins to invest not just a random that you like, remember always that Do Your Own Research first before going to invest. People must understand how the market works and willing to wait until your profit was there.

of course all investments have risks, in cryptocurrency, if you don't understand maybe you will lose a lot of money if you don't understand .. but we see the fact, more people are successful at playing cryptocurrency than people who fail

Cryptocurrency is new and since its an emerging market, there  is a need to fine tune some of its flaws. Scammer are plaguing to benefits from this emerging market.Because of this, risk is higher. Its better to study and do more research first before diving in this new industry. Once you know the systems, this new technology is very promising.

Another risk is, people and investors are rushing to use this technology something like a race.In the long run, a few will emerge successful and more will lose as it progress. Lack of use cases, applications on daily lives makes this project failed.

Some project  focused only on monetary gained and engaged only on hype. Pump and Dump on exchanges and gone.Project failed.

Three years ago you can say that to anyone interested to invest in Cryptocurrency, I even read an article that sold all their properties because of the promised huge return of their investment check the article here https://cryptobriefing.com/bitcoin-family-still-living-the-dream-despite-market-slump/

But today if you are coming in the market you cannot apply what works three years ago, it's very different today than 3 years ago, you must be smart, updated and brave to risk investing in a new coin and putting your hard-earned savings will put you in trouble when you made a bad decision, so only invest what you can afford and only add when you are 100% sure of your investment.

Sadly I agree with you. Actually invest in altcoins by life savings is a horrible idea, whoever did this in recent time, they are regretting sure! Invest what you can lose, don't invest by your life savings in crypto. Do you want to take the risk? Invest in Bitcoin! Bitcoin won't betray you, soon or later you can make a profit if you buy Bitcoin at a lower price.

I do not agree if you invest in crypto using a loan.

Cryptocurrency price movements that are very volatile not only have the potential to gain profits, but also pose risks.
We can experience a large loss in only a short time because the price is very fluctuating.

It better to use savings. So if you lose, you can still hold it until the price goes up and not get into debt.

In cryptocurrency investing it is involved of risks and there is dangers when you put money in crypto. This is why mostly advised to study and learn about cryptocurrency before investing your money. It is not the way that automatic your money will grow. Learn first and understand the flow in this industry without learning it you will lose money.

Investing in cryptocurrencies can lead to a loss of deposit. The more passionate an investor, the more risk he exposes his deposit. If you invest in top cryptocurrencies, then even if the price goes down, you will lose only part of the portfolio. By investing in unknown coins, the loss can be significantly higher, up to zero. Therefore, the share of such coins in the portfolio should be no more than 10-20%. It is also always necessary to diversify risks, that is, invest in different trading instruments.

You're right with what you said but logically every investment has it own risk/danger involving but the danger in cryptocurrency investment are 1) selecting the wrong coin/token.
2) not have the required patience
3) exit the market at the wrong time
4) Using insecure wallet
5) Keeping much coin/token on an exchange site.

More than ever there's a lot of dangers now, people coming in now at this point of time needs to read a lot, communicate a lot and educate himself on the risk in investing in Cryptocurrency, it depends on your risk appetite you can opt to look for a new coin and be one of its early investors.
if you want to be on a safe side then invest in more stable coins in the market, no guaranty but you can always cut your losses because it's already in the market and there's a big chance of bouncing back.

Investment with solid project also gives you the opportunities to receive good outcome. There's a lot of opinions regarding with taking the risk around this industry. It's hard to invest money that you are not ready to lose especially if the money is your savings. Chances that you'll see downfall are always possible. You have to specify your investment risk management. It's dangerous to those who are not willing to take the risk and always find emotions to be at the top of their decision-making.

Dangers inside cryptocurrency investing is obvious as you can see today. If the forces are with you then the moment you invest the market will look like uptrend from your point of view but things may go against you also.

Just see this week analysis, The BTC was 10k usd plus and was trading smoothly, suddenly a 21 percent dump and we are left on 8k usd. 2000 usd is a  lot of difference which you and i cant afford to lose.

I just advice to everyone , be careful while investing in anything and more careful while investing in cryptocurrency.

Very large volatility value! Investment is risky, but the return is good if successful!

I agree if anyone is trying to invest their hard earned money into crypto the losses can be really painful. The problem is that currently there are no laws, no standardised and un biased markets, no control over volatility and most importantly no team working upon their idea promised in whitepaper. So all the altcoins are worthless pieces of shit if their teams are not working upon it because it technically has zero networth if they are not generating any business. Currently these altcoins are floating much low below there ICO prices. So I would not suggest anyone to invest everything here. Invest only that much which you can afford to lose.

Major "dangers" for traditional investors are

• Unregulated environment
• High volatility
• Major concentration in few hands
• Less volume

This all leads to uncertainty and manipulation which increase the risk associated with crypto trading. But higher the risk, higher the return. Because of the high volatility, you cam make avg of 20% in day trade. And if you trade futures, you can multiply those returns which is more than any traditional investment.

The dangers are GREED and EMOTION and these two things dictate the losses and the profits that can be gained from Crypto currency investments. People SELL too early because of these two factors and when they lose money, they want to blame Crypto currencies.

You cannot allow GREED and EMOTIONS to come into play, when you deal with Crypto currency investments, because it will lead to mistakes. Bitcoin is not like other commodities or financial investment tools, because it is very volatile and you can be fooled to sell too early or to buy too late.  :P

Also make sure to protect your tokens, after you bought them on the exchange.  ;)

I think the biggest dangers are just 2 :-

 Government banning or regulating them in a bad manner

The price going up and down too quickly

I think besides these two things , everything else can be taken care of ..

You can say that greed is a product of people's emotions in certain instances. And i agree that giving in to one's emotion can be very problematic especially for a new trader. By nature, the movements in crypto trading is heavily fluctuating more than your stocks or forex trading. It can trigger emotions that can dull anyone's decision making. Anyone who's ever had to hold on to their assets during a massive dump will be aware of that urge to sell at a loss.

Danger inside the cryptocurrency investing is ,
Investing without a plan just joining because it is on trend or investing without even considering the risk.
We shouldn't just invest in something just because we have seen someone gain from it we should also know the risk and do some plan in order to have a successful investment.
And always remember that invest only what you could afford to lose,
I don't think that it would be a good idea to invest your life earning or saving or even take a loan ,
Because those idea could really destroy you if your investment go bad.

government banning them in a bad manner ?  i didnt know that banning can be a good or bad.  what i know is that once they ban it , they are bad because they dont hear what others are saying or feeling. they didnt know that people actually loves to use cryptos.

about the other one , price going up and down . that is normal because cryptos built that way except to those stable coins . this can be taken care of , like what you said because people can hold to not loose when the value is down or they can also buy . then they can sell once the value goes up

Is it necessary to start with large volumes for investment? In my opinion, to gain experience you do not need to take loans and invest. For trading, it is also enough to start from a sum of about $1k. It all depends on how you analyze the market and act and not on the amount of investment.

IMO the only danger in crypto investing that does not depend on you and your knowledge is manipulation, especially from the government. Without regulators Bitcoin would be progressing in its own pace and I'm willing to bet a lot of money that it is going to be successful anyway, even with all the regulators and FUDsters.
Currently I have more that 90% of my money in cryptocurrencies (mainly Bitcoin) and maybe 5% in fiat. I haven't taken any loans, it's money that would otherwise be in a bank and I prefer to keep it in crypto because the interest in a bank is a joke. So far this has been working out pretty well for me and if someone asks me I'll honestly tell them to buy bitcoin. The ups and downs you see on the daily chart don't matter. Buy, hold, forget about it, and come back in a year or two.

The danger of investing in this industry if you went too far like for example selling something valuable just to earn big when a bull run comes.
No one in this community can tell you the exact date of bull run cause everyone is waiting for that moment too.

The problem here is If those people say some hype about the happening of the bull run where $1,000 can turn into $10,000 in a single week.
these ignorant people make a decision so fast and sometimes they went too far by selling their house or some personal properties just to buy bitcoins.

In worst cases, they went to take some loan to buy it without even thinking about the possible consequences.
If you already bought some with all you've got and you see the price has become higher before you bought it, you really need to think about selling it right now because you may not have a second chance to see a price like that.

Having a knowledge of a person when they enter to the cryptocurrency can prevent him to lost his capital or the money that he use in investing to cryptocurrency. We know there is a lot of danger in cryptocurrency and better for every investors to aware of every ways that have possible to lost. But if the investors avoid all the scam or any bad investment the good profit they get for sure. Knowledge is very important so keep learning is needed even a person who lots of knowledge in cryptocurrency they still researching and discovering new knowledge that can help for them to grow and to use so they can be able for them to get more money.

The reason behind this sudden price drop of bitcoin is because China banned mining(if I'm not mistaken) correct me if I'm wrong, and hashrate's dropped. I just want you to know that these are just normal scenarios, that bitcoin's price is going up and down from time to time because of its volatility, making it harder to predict. There is no danger in cryptocurrency, because this bearish market is also an advantage to the poeple whow wants to invest in cryptocurrency.

and in no time, bitcoin's price would go back to normal, I hope the bull is coming soon.

The danger of investing in the world of Cryptocurrency in my opinion is, there are many risks that we do not know about the world of Cryptocurrency in investment, because prices cannot be predicted briefly without knowing more clearly in exchange, and not to mention the theft of money that you invest when a fraudster shrinks in what that you have invested, so basically if you want to invest in Cryptocurrency you must have good knowledge and experience to do it.

It seems to me that those who take money on credit in order to buy cryptocurrency almost no.People still got smarter over time.Who still decided to take out a loan-you have to understand that you very much at risk of losing their assets.Volatility is both good and bad.But in this case - badly.

Day trading is a risky proposition in the cryptocurrency space. the swings are so large that you never know what is going to happen on a day-to-day basis. It could be that the price Rose then you sold only to lose all your money because you were trying to get a 1% profit, but you have to buy it at a higher price because you made a mistake.

Making investment by using your savings is never an easy decision. All kind of investment methods have some potential risks. But i think the most risky part of crypto is volatility, prices can start to drop suddenly. You never know what is waiting for you tomorrow because there are so many aspects from all around the world can affect the price. But i don’t like to talk negative stuff only. Crypto market is full of surprises and taking some risks might help you to get some earnings in the end.

The risk of cryptocurrency trading is loss.  Daily trading carries a higher risk compared to long-term investment.  As you said, price fluctuations at any time will be very draining patience if we do daily trading.  Without knowledge, the risk of loss will be even greater.

The dangers in cypto-currrency is if you trade or invest all of your money even if you don't know how it works. Like me, in my first investment I trade and invest my money. And I thought that it simple to buy and hold coins. But when bear market hits the market it's hard to see that your investment value lose.

This is the basic knowledge people should know about Bitcoin and any other cryptocurrencies. There will always be risks. I absolutely do not advise any people to take huge risks and invest in e.g. all their earnings. There is always a possibility for losing all the money you invest in.

Recognizing risk is a basic science in crypto. I always remind repeatedly to some people I know about the risk of investing in crypto. They are interested because I can get profits from crypto and ask for crypto investments. And I always say DWYOR. Because the risk can come to anyone.

Actually I think no one would ever be using their life savings to something they are not sure that they can profit,for sure they will do some intensive study on how a thing works before throwing money in,if and only if they are smart investors.Taking a loan from bank is just advisable if youre gonna be building a business not to invest onto something

Cryptocurrency always represents and will present moderate risks for investors. As a matter of fact, any commercial activity is fraught with the danger of losing the money invested in it. Cryptocurrency can be considered one of the types of commercial activities. As in any other activity, for it to be successful, it needs to be well studied. However, I do not recommend taking a loan to engage in cryptocurrency. Cryptocurrency is very unpredictable in its price. Here you cannot draw up a business plan, as in another type of commercial activity, and calculate profit in advance. Even if we are sure that in a certain period the cryptocurrency will grow in value, it will always be just one of the options for the development of events, but in reality it may turn out to be completely different.

It's extremely risky and since losing most of all I earned in 2016/2018 by reinvesting and holding and putting in some centralized as well as decentralized projects, I have come to the conclusion that if you want to burn your money then invest. I prefer from now on to just earn my crypto and see if I can convert it to stable coins to earn interest, as fiat devalues if you have it in the Bank. NEXO gives good interest in stablecoins if you house them there, then you just take to the bank what you need for living expenses. This is my plan for the moment but as for investing, will only invest in projects that will give me a decent rate of return and they need to be really legitimate projects with transparent and opensource stuff going on that we can all view publically with no hidden agendas.

In investing in cryptocurrency, I do not recommend using all the money you have, assets, or debt. Well, as many people say if out of control, this investment can make your wallet very empty. that is one of the risks of cryptocurrency investment.

indeed so many people are successful in this field, it's just that they are lucky people and have taken into account everything that can happen. however, the danger of investing will still be there, because if you are still interested in the world of cryptocurrency, I suggest spending capital with what you can give up.

Just hearing a lot of koreans did suicide back in 2018 because of the major crash in the prices of altcoins and bitcoin is just clear to know what is the danger when you invest in crypto. I suffered that same addiction buying this and that altcoins that they were saying it will moon. That made me invest more when I tasted profits which is bad because I have no control anymore on how I spent what I earned.

I see both an opportunity and a danger.
Once again the old rule applies: invest only as much money as you can get over with total loss.

No one can look into the future. Nobody knows how the courses will develop. The technology behind BTC and Co will be the future, whether the courses will go accordingly upward in the future remains to be seen.
I see a big danger in government regulations and the influence of big investors like hedge funds and their futures and warrants.

you have to be very careful with what you do, don't get carried away by what others tell you, it is very important to do your own research, follow up some crypto news sites, join forums or group chats that will educate you on the cons and pros of crypto, and always remember to invest what you can afford to loss, sometimes you will incur lose as a trader or investor, so it is advice we invest the amount that won't hurt us too much.

Everyone has their own way of trading. for short trading should have an attitude why choosing short trading and choosing the right coin. even though it's hard to predict. sometimes a short trading plan doesn't always end in expectation. can even the opposite.

There are alot of risk you need to take and consider when entering the bitcoin industry.Money loss is the number 1 and the volatility and the risk of each investment youll be going in.All in bitcoin industry is  a gamble you really need to study hard about it and learn from your mistakes

The danger inside crypto investing is that we are prone to scamming and losses. We know that we are surrounded by a lot of people (scammers) who take advantage of the newest technology and benefiting us. In the way that we can't eliminate these people, we can't be certainly free from any market troubles in the future.

What I would like to say is that crypto investing is really at high risk. It's up to us if we could make a try or not, nobody is pushing us to be in crypto but it is all about us who decide to take the wheels.

The dangers of cryptocurrency investing are that you can invest thousands of dollars one day, and the next day the market crashes and may lose everything. It's impossible to predict the markets so never invest more than you can afford to lose.

Even though investment carries risks, it will also make them successful in getting profits on target.  In investing, all must have knowledge about how investors are not trapped in projects that have no potential.
If we have $ 1000 and even more, then don't invest in only one project.  Try choosing 2 to 3 projects that you want.  That's the best way I know right now.

Price fluctuation (volatility ) is the main danger inside cryptocurrency investment. The price of a particular crypto coin  can easily drop causing you to lose a huge percentage of your investment capital within a matter of seconds. Price volatility makes it somehow difficult to invest in cryptocurrency.

No 100 % negative in doing this because this will be the end of your career if something went wrong
The most stupid idea I ever heard in crypt,there was a thread in previous year that concerns like this.when bitcoin is on pick last 2017 December a man make a load without his wife’s knowledge and all the loaded money he invest in bitcoin the sad part is hours after he invest the market starts to fallen continuously downing until the amount he loaned turns 1/4 and he don’t know how to explain to his wife lol
The best answer?only invest what you can afford to lose in short?use your “Extra money” and nothing at all

This is really the main problem when you invested in cryptocurrency. I invested on bitcoin way back mid 2016 and I've seen it's price rise very quickly and go down as well. I regretted many times as when I should sell because many people says a single amount of bitcoin will make you rich in the future. I don't know if that will really happen and nkbody knows if it will. I still hold my bitcoin and when it reached new ATH I might sell all of it then find some other investments that is less risky.

Danger inside of cryptocurrency investment because have chance you lost your money when your trading or holding assets back to lower price, but when price up you can get much profit.

Whiles the volatility of Bitcoins and other cryptocurrencies make people a lot of money, we can also say that the same effect goes both ways because one start a negative rumor and in one second we will see the whole price crashing down. Losing your money is very much possible just like every other investment.

As much as we would all like that to be the only big problem with crypto-currencies, wouldn't we? Unfortunately, I don't think this is actually as big of a problem as it was a fews years back, the market has sorta of settled itself down, and I don't think we'll see any big changes in the market (nothing like the 20k runs).

I reckon the biggest problem for investors nowadays would be hacks nowadays. We've already seen how many exchanges and wallets have been hacked, and even though people should be using their own wallets, a lot of investors still hold money on exchanges.

Its simply losing is a part of the crypto-investment, we can't escape from reality. The common instinct of the people is to think always of gaining and profitable but haven't to think of its negative side making us become unstable when we experience price falls. We always have to know its risk and possibility of losing, it is not the thing we have to ignore cause it eventually comes to us anytime.

Yes, every investment has its own risk but your advice is somehow missing leading because investing in projects with no potentials is the fast way of sending oneself into the grave.

Investing in 2 to 3 project is good but also risky and investors need to have the required knowledge to manage up to 3 projects before trying such idea.

This is could be either advantage or disadvantage to a certain person, fluctuations is blessing depending on how you are going to see it or need it, after making a huge profits, you want the market to drop a little or big for a while for you to buy at a lowest price it could be, then sell it again when the market goes up again. The only danger inside the cryptocurrency world is if you don't know what you will do about it.

or how will you see things inside this world, it all depends on how much capability you could make to turn a worst case scenario into a better one. Being a trying hard without any efforts on studying how this world works will just cause you heartbreak.

Never invest if not willing to lose money so this is right we already heard this statement. The moment that you are entering this industry in crypto there is risks once you put some money to a certain coin. So we should invest on those potential project that can give profit.

People should trust their self like instinct, i may introduce the crypto world and then its should be them.

for me its basic rule of life: I don't depend to other people for my sake of growth and development
Same lesson: Ingredients are important and exploring your own way in such making it possible gives you great feelings than achieving things without tough times.
Information with technology are wide spread. Tell them the cautions so they can avoid unnecessary risk

Yes, I agree with your idea and I also don't always recommend cryptocurrency about the benefits or good things about cryptocurrency and have to tell the risks that will be experienced.
and what I do to invest in cryptocurrency gradually in small amounts and it is to avoid when experiencing losses so as not to regret it.

For me it’s a no,I will never risk my savings that allotted for my family to invest here,I have enough in my folio that I gain from various areas here and some are from my own money vested here
This is what people here must not never do because if we don’t met the target or if market go the other way then you will be in debt the whole life
Exactly my friend and this will end our life in misery if we take the wrong way!invest what you can afford to lose

You may feel that price volatility make some differences in the price chart but actually we need to be careful while we are going to to trade using the signals and the the ideas from the experience traders.
Since most of the cryptocurrency sir decentralized people who are more embedded with centralised medium are worrying about this Bitcoin and other altcoins.

There are some time that we actually need to think before we do or perform such things because we don't know what it is penalties. It depends on the people who will handle the cryptocurrency and if you go to the wrong people, your money and allnof your investment will disappear easily and all of this will go for nothing.

I do agree. It would be better to use the spare money we had, its hard to risk your career over investing.


Right, its NOT SO COOL BRO, Its all about the risk, taking a loan for investment is like killing yourself. Why would you risk money for investment that is not yours in the first place.

If you don't know more about cryptocurrency, it's better not to invest with your savings or income, especially with you borrowing, in my opinion investing in cryptocurrency must have mature knowledge and good experience to get benefits in the future, because this is all very risky if you make inaccurate predictions for your investment, unless you are directed by friends or relatives who truly understand the science of cryptocurrency, it will be an excellent investment in your future.

This is where everybody goes wrong.Investing their whole life savings and earnings through bitcoin and putting all their time onto it without even having enough experience about it,some people do retire at their job in order to just go on full time trading and end up losing and having a hard time finding a new job.They treat bitcoin like its a job but seriously it isnt a job and not made to be a job.

The volatility and uncertainty in cryptocurrency investments is what makes it quite dangerous. I would not advise anybody to invest his lifetime earnings because that's insane and damn risky. At least a portion of your salary which you can give it out without a blink. Another thing that you should also know is that crypto investment can take time before getting you that huge profit you wish so learn to be patient when the market is swinging up and down.

There are a lot of treat of having involved with the cryptocurrency. We all know that cryptocurrency has a lot of impact in making the economic of one country grow more bigger than before. Many people gain some profit and earn a lot of money with the help of some cryptocurrency but not all are helping. Some of them is too risky because of many people scam the money and the earning of the other people. And with that,many people are scared now of investing in cryptocurrency.

Just like almost everything in life, even living itself, there are risks associated with investing in cryptocurrencies. One of the reasons for people are faced with these risks anyway is mal-information, or inadequate knowledge which makes them make decisions that can cost them a whole lot. When you don't have the right knowledge, you might end up making bad investment choices, which can lead to loss of funds. This is the major risk people are aware of, and are scared of as well.

investing in cryptocurrency is actually not dangerous if we are good at making the right decision, but this type of investment clearly has a huge risk. therefore, before deciding to invest, you must first understand the risks that will be faced. not recommended if the money we use to invest in cryptocurrency from the results of the loan because it is very dangerous, because the benefits obtained from the investments we make may not necessarily get the expected results

Many people are misinformed because they chose to be misinformed and there is absolutely no one forcing them to accept the information before they first verify it. People always listen to opinion too much rather than heading for a better research on any decision they wish to make, and this is why many people have fallen victim of some of these scam projects and hackers.

Life is full of risk generally, but we have so many strong people that have always learnt to deal with the associated risk everyday of their life and they have been succeeding in dealing with it. The only risk that is most found with cryptocurrency which we cannot blame anyone that falls into it too much is just the volatility, decisions being made during this period is not that easy, and except that, everyone that has made wrong decision is to be blamed for their action for not being able to manage the risk involved.

if you don't know much about investing in cryptocurrency you should not focus too much on investing in coins (bitcoin) which is quite expensive especially for you if you want to use loans from other people to invest in bitcoin because currently bitcoin and other cryptocurrency prices are less stable than a few weeks ago, my advice if you want to invest better do not use other people's loans because it can harm yourself.

Danger and risk, its all the same, and since my definition of crypto investing is a high risk form of investment, I believe we need to ensure we understand the market before we invest so we will not be surprise and complain if we loss.

When we say high risk, there's a high chance of losing, but on the bright side, there's also a chance that you will a decent return if you succeed.
I am here because I believe on the potential, so whether I lose or I succeed, I'm always ready.

As what i can see to you, you are very new to bitcoin that you aren't even aware of what it is, things about it that you only know it because of hear says. That is the danger right there, investing on something you didn't know. You even want to loan which is risky yet you will do it just because of hear says? I mean, I believe in bitcoin and what it can do to people but if you are a person that will engage in it even though you are not knowledgeable, then it will just bring you to disaster. All investments, not just bitcoin, requires everyone to be knowledgeable about it.

You can reduce investment risk and the negative impacts of the investment by focusing on a few things. 1) Research constantly, but if you are the kind of person who gets swayed easily, don't check prices constantly. Have confidence in your approach. There will be bumps in the road. 2) Don't purchase Crypto with money you 'need' in any sense that directly impacts your quality of life. Crypto is highly risky and any money you actually need should be invested in much safer places. 3) Look at the fundamental use-case of the project, and only invest if you have a good reason to. 4) Whatever you do, wait longer than you feel comfortable waiting. Whatever a project is or isn't, it nearly always takes longer to become that thing than we imagine it will. Don't rush into buying unless there's a good reason. 5) Don't be afraid to take profits. profits are always a good reason to sell.

it'll be crazy to use your life savings to invest in cryptocurrency. prices cant be predicted so anything can happen. invest something you can afford to lose.

1) No, it will not do such a thing. If that is true, then why haven't these countries done it already? Because they can't, and they won't. They will care for their own economy, their own fiat (dollar). And will not risk anything just because Cryprotcurrency tends to have a higher price.

2) Exactly, cryptocurrency is for the benefits of individuals and not the country. You could say that cryptocurrency is a way to ease the financial situation or to make financial status even better than what they already have.

There is no investment that is not dangerous or risky, all types of investment has its own risk even in cryptocurrency. Even in investing in bitcoin, it doesnt mean that it is safe if you invest.
Investing in the wrong time is risky, we all know that crypto is volatile, investing at the highest amount of crypto is not good, there is always a right time to invest.

All of these are good points.

As am reading this, as meaty as it sounds. I was confused midway because I am not sure if you're encouraging me or discouraging me. After I read the whole thing, I was more convinced about not even bothering on being interested in any projects at all. Considering that the intentions of the project aren't as clear as it was laid out.

So I was thinking about making profits elsewhere. Since this one has a lot of risks.

No one in their right mind will not invest all their hard earned money into one market, you will have a certain percentage of your investment scheduled out for each and every financial market if you are a good investor and then according to your budget you have to diversify according to the risk involved in each market. If you are looking for the long term and invest when the market is on a correction phase you will end up in profit no matter how long it takes the market to recover.

Cryptocurrency is a very good investment but it include big risk that is  why when you invest in bitcoin only invest the amount you are willing to lost and I would suggest you don't use all your life saving investing because the market is very unpredictable and not all the time the price is high.
In my case, the money that I use to invest in cryptocurrency is my spare money and I also use it to do trading and if I will have profits in trading I will set aside what I invested and then use the remainder to invest more in cryptocurrency.

People have a misconception that investing in cryptocurrencies would yield them huge returns.
While it's partially true, people must know that not it's not necessary that everybody who invests in crypto will definitely earn huge returns.
If 1 person has got huge returns there will be 10 others who would have lost their money.
Since it's a decentralized market you can consider it as if 1 person is winning on one side then there is 1 person who has lost on the other side.
So you might not be lucky every time.

The major challenge in investing crypto was its volatility. It is hard to predict whether it will pump or dump. When you are new to crypto world it was adviceable to research first how these crypto work and learn the basics so that you are aware on what is possible to happen to your funds. Also, having long term investment was hard especially if the market was not so good. So it is better to choose good projects to invest with so that your funds will be distributed and thus avoid loosing all funds.

If you are into long term goals the success rate is much higher, but if you are here thinking that it is a quick access to be rich better stop investing and try to study more about this market, the risk of losing all your money is bigger than how you think of it, failure to anticipate will only lead you to failed also from investing with assets that you will place your money. Try to understand the market and invest once you are comfortable with your knowledge.

i think having your token or coins in yr personal wallet is onre thing that need to be adhere to and must be very careful with the private key in other not to let other pple sees it and also must be the coin or token that are very good with product working an not just shit .

there is no one will suggest you for borrowing money to invest in cryptocurrency because there are still many people think investing in cryptocurrency is very risky. maybe one of the risks is the price of cryptocurrency that is not stable which makes some people thinking again before investing in cryptocurrency

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for some point i agree with the writer. but if the article aims to motivate new investors, it is also a good idea to write down the positive value of investing in cryptocurrency so that the reader can understand the things that need to be considered before investing

yes, indeed all types of investments in crypto currencies are very dangerous and risky, apart from the investments we make in bitcoin which is one type of potential and promising coin. but if it is right on target and more careful in making investment decisions that we will make, at least it can minimize the risks that we will face.

One of the biggest risk in cryptocurrency investment is to invest blindly, thus to invest without having adequate knowledge on the coin or project. This is what has led many investors to run at losses because they end up joining a scam project. It is always advisable to read and study about the project or the coin very well before investing in them.

If you are careful enough to stay away from the phishing links and spyware/keyloggers, then you don't need to worry about the hackers. From what I have seen during the last 7 years, when someone's wallet get hacked and the coins stolen, 99% of the time it is a result of his own carelessness. If you enable 2FA and email or cell phone confirmation, then you can prevent almost all of the hacking attacks.

Now preventing scams is much more difficult. The only safe method to prevent scams is to stay away form scam projects. First of all, the users need to realize that Bitcoin itself is an investment asset and they don't need to invest Bitcoin anywhere else. If they get greedy and invest their coins in some shady scheme, then they are doing it at their own risk.

Investments made to cryptocurrency should only be your extra money. You should always consider having backup money for emergencies. But if you have more to spare, you could start with bitcoin since you less the risk of altcoin going to zero. That's the main danger, since it's too volatile, you could lose a lot of money easily. That's why once you invest, you should be willing to lose that money in the first place. But if the price goes up, then that's a good start for you. Don't ever take loans for investments to crypto since you'll just live in debt. You could however take loan for other, safer investments.

This will happen if you are not investing that you can afford. Don't risk your family budget and after months you need to pull them out that may cause you a sudden loss. Before investing you must know this possible consequence in the future.
Well, one of the dangers inside cryptocurrency investing is lossing money. You must be careful in all of your actions, especially when it comes to sites. You must look for trusted sites before you invest. Also, you must avoid panic selling as well.

We know the reason why we're doing this (investment), not the way we have to lose but for the reason to make money. If our mind is full of negative, it surely we will go nowhere. No, I don't think that all altcoins will have a zero market value int the future, only it happens to those altcoins that are buried dead already.
We better not look crypto as a dangerous kind of investment but rather to think that this is a great opportunity for everyone who wants to become profitable.

No one can guarantee the success and durability of cryptocurrencies. On the one hand, they are accepted on a par with fiat money, and on the other, they are not subject to any control. They are not material, like the dollar or the Euro, but there is the prospect that soon they can be withdrawn through an ATM and put in your pocket, like ordinary money. However, so far they exist only in virtual form and are used much less often than fiat currencies. There is no guarantee that rapid growth at some point will not result in an equally rapid decline.

yeepp, that's right. don't invest in crypto using your real assets or your pocket money. when you have money that you think is more. then use half of it for investment in crypto. however, crypto investment is not easy. especially if you don't understand how to invest. nowadays many scammers make investment web just to take your funds. then close the web. it's very dangerous. the best investment is to buy a number of crypto (Bitcoin, ETHEREUM, etc. (top 10 crypto)) and store it in your wallet. sell when the price has been pumped.

That's a pretty good point, people do sometimes lose hope of a coin and will no longer end up supporting it, and when a coin has no support behind it, it's basically dead and the chat rooms and low price will definetly showcase this.

It will be interesting to see what happens to coins like these in the future, but luckily for reputable and top crypto-currencies, it's an issue we don't need to worry about - one of the main factors why I do not invest in new altcoins.

Only one, investing more than you can realistically loose.
Some invested and lost $800 000. Loosing that much for some is life changing event. For others its pocket money since they have bankroll (;)) of $8 000 000. Loosing 10% of savings is never nice, but not life changing event.
Biggest problem is greed to that. Don't be greedy, think twice and secure your funds. Too much people loosing BTC because of lack of security knowledge.

Dangers side of investing with cryptocurrency is faced with big risk with price, where some time our investment coin have higher price but just one day our coin asset can be on lower price, if you know how situation with bitcoin or altcoin you will take profit soon as possible and re investing after price back to lower.

danger when we invest in crypto because of following friends and relatives. we must study seriously about the crypto and crypto market before investing. understand which market and coin movements are potential and must also have good predictions. then  invest, and invest as much as you can afford to lose. every investment always has a risk and we must dare to bear it. profits and losses are common in investing in crypto. make all of it a valuable lesson.

I think during that period where a lot of investors from different industries entered the crypto-currency world, we saw a lot of people make life changing mistakes like.

- Using financing or a loan to invest in very unstable investments (like BTC)
- Not doing enough research and consuming crypto news like most regular investors will.
- Overinvesting and putting too much money in a certain crypto-currency.

Everything has good or bad. Cryptocurrency has too. I think Investing in cryptocurrency by taking loan or using your earnings is not good way to earn cryptocurrency. Because you may lose all of your money or anything can happen to your account and you will not be able to access your money.
What you can do is, you can do some extra small works and get paid through bitcoin. It neither affects your's earning and neither you have to take a loan. It is just your extra income

The top mistake that has been made by some investors is that they take a loan to invest in btc, they don't think of the risk that they are facing. Investing should be done if you could invest a certain amount of money which you can take to lose. Investing is not about investing a high amount of money to have a big profit, you should be wise even if you have a small amount of investment, you can make money out of it.

What must be emphasized about cryptocurrency investing is that it is a high-risk activity because cryptocurrency is very high volatility.
So it is highly recommended to use money that does not matter if lost, do not use money for daily life moreover money from loans. If you
ask me what are the dangers in cryptocurrency investing is the price fluctuating, there is the possibility of losing the private key and potentially
becoming illegal. Therefore in investing cryptocurrency must think carefully, do not rush in making decisions and most importantly must be patient.

There'll be no "success" but only "progression"; there'll be no "durability" as it is a digital object (intangible).

It will never be par with fiat. You have to understand that Bitcoin is not money but an asset like Gold, Silver. Cryptocurrencies would stay that way, as a digital currency, and will not have a physical form. Adoption of Bitcoin is never going to be easy. The fact that it's volatile is already a bad thing for a regular person, but exceptions to traders/investors because they have the knowledge in this platform, so volatility can be used as an advantage as well.


Exactly. I mean, why would you even invest in the first place if you don't want to make money.

You have good intentions, but filling too much positivity is also a bad thing. It could lead you to disappointment, it could even affect you psychologically. So, what I'm saying is that it's not always a bad thing to think about the consequences as well.

Altcoins that are buried dead already are the ones that are overly hype and had really bad planning.

When you intend to invest or trade in a platform then must have to know every ins and outs of this platform, many people lost their total investment by Scam and fake ICO but this responsibility only not goes to the ICO agent but also those investors who did it without getting proper knowledge and information regarding this platform, I think there is a lot of dangers things within this system one of the major danger things is not having any regulation process, I think if there was a set of regulation then people didn't lose their investment, another dangerous thing is that no back up system, if you lose your private key and address then you lose your whole thing which is never getting back, and the most horrible side of this platform is volatile of its price, I hope it will be fixed in the future.

Investing in cryptocurrency first, you need to understand each and everything about cryptocurrency, need to be updated with the latest news on cryptocurrency and for this, you must be stay connected with genuine crypto news platform that provides you news regarding cryptocurrency fast and in an easy way. stay updated changes in the price of the cryptocurrency. Bitshorts is a best app for all latest crypto news updates

I agree with you, high volatility is very scary for every trader.  But is there a way to fix it in the future?
It seems very difficult, because a sharp increase and a sharp decline is the desire of traders. But I believe, this high volatility is caused by a group of people who are behind the platform and this is what is commonly called the crypto whale.

After so many years that cryptocurrency provided us profits, you can guarantee for yourself that it is going to be successful and also you are, we are the only one who can guarantee that and not the decision of others. Others might say something negative about it but it is their opinion, however it is not always right, they are saying negative mostly because they think the Government says it, something like that.

Dangers are everywhere, not just on cryptocurrency but also in fiat, people don't see that because that is what they've been using for ages, the point is risk will became an opportunity to make money if we are going to use to it.

In every investment, there is a risk. It is indeed that for how many years we are into crypto, we already made a profit by investing in it. But there is no guarantee that every investment, there will be a profit. Most of the time you will lose patience and that is the reason why most of the investors lost half of their investment. Without facing the risk, you won't gain anything. You will just lose the opportunity to earn profit out of your investment.

Actually not only in crypto, but we've been like that for so many years, decade, century. Investment is probably one of the major things that shaped the civilization of mankind. And now, it is still being used.

Not necessarily, with careful planning, experience an investment has a very high chance of guaranteeing a successful investment. Maybe not half of it instantly, but nicks of it, and eventually out of desperation, careless decisions you would lose even all of your investment.

We can't deny the fact that investing in crypto currency can easily kill all the money on your pocket, but if you invest it can also double up your money and have a stable and better future. You should invest on bitcoin though the volatility of bitcoin has a negative effect but of course it has an advantages.

Its very risky to the point that it will give you stress everytime you see its price dropping. Investing in crypto is different from investing in other type of investment. You should invest what you can take to lose. Investing everything you had will only give you a huge problem where you will only lead to panic selling when the price of your crypto investment drops even further.

actually, we dont have choice for use our salary, but we must save for daily needed. i know some people buy butcoin with their salary, and now they be rich. it happen when bitcoin price is not like now and its bad idea when you take loan. risk hapoen when you dont know the rule about investation and you can keep your lust or cant be patient. but if you have good project im sure all your effort to keep money will pay out

Indeed, it is a risk for crypto investment, we know that the price of some crypto or altcoin can go down by more than 50% even some of them die and it could make you bankruptcy. but we know that many cryptos have fantastic increases also, that means you still have a chance to profit, cryptocurrency is not completely dangers. You just need to be good at analyzing, looking for potential coins and buy them. just as simple as that.

I'm kinda speechless right now, tbh.

If you know someone who buys bitcoin with their salary, please stop them, and I hope you won't do the same. If you really want to invest in something, use the money that you can lose. Not your salary 'cause you probably just want to use it in your daily expenses. See you're not even sure if they're rich or not.

Taking a loan is really risky, but sometimes if you know what you're doing, it's not a bad option.

Am i reading this correctly  ::). If not with your salary or your savings how you are going to invest in bitcoin  ::). People who invest and make the right decisions will always end up in a profit. To be frank i am kind of speechless about people who are not interested in investing in bitcoin nor trust bitcoin and yet they are active in the bitcoin forum.
I just have a doubt, what do you mean by money that you can lose, if it is not coming from your salary, from where that money comes  ??? ::).

Everything related to the name of investment carries risk and what you face is profit or loss, especially if you invest money from a loan or fully use your income to invest it is riskier, unless you are rich or have lots of money.
I invest from the rest of my budget for the 1 month needs that I get from my salary, and I do it in stages even though it is small but will gradually become large and I use long-term investment methods to avoid worries and so far there are no problems.

I apologize for the misunderstanding.

Don't get me wrong, I am interested in Bitcoin, that's why I am here in the first place. I'm just giving the lad a piece of advice. You see if you have a job/work, it's very obvious that you need money to maintain that job/work. And on top of that, you probably have responsibilities (other than yourself), a family per se. So, every time you receive your payment/cut, it is already designated to the necessities and responsibilities. You're lucky to have extra, and that'll probably go to either deposit in the bank or just a flat "savings". That's why I told him to not use the money "he can't lose". Investment is a risk, you should be at least aware of such investment (Bitcoin). No one can guarantee an investment. So, probably his only option is to whether use the deposited money from the bank or the flat savings.

Not knowing in what you investing in is the highest risk of most of the investors in cryptocurrencies. They simply hear about a project and they start to trow money and after a while they panic sell because they didn't have profits and they are not rich in 2 months.

Another risk would be trowing a big amount if money in ICO's just because you like the project and the name ( I know a lot of cases ) and they loose everything, so invest only what you can afford to loose.

The 3rd risk and not the last would be to invest when the bull run is full progress and for sure you will loose a big proportion of your investments after the run is over and the bear market start to take over so make sure you do researches and study the markets and periods before you invest in anything regarding cryptocurrencies. Also don't put all your hope into altcoins.

Investing in cryptocurrency is very risky because the market is very unpredictable and we can't really predict what will be the price thus it is very important that when you invest, only use the money that you can afford to lose. Well, it is true that in cryptocurrency you can profit big depending on what coin you invest to but it also require luck when it cones to the price, sometimes the price is way to low for others that they tend lose faith in crypto. For me, despite it's volatility crypto is one of the investments that is worst the risk and effort.

Volatility is one of the major reasons why investing in Bitcoin is risky. We can't predict its price and there will come a time where we'll see like were losing our investment. In cryptocurrency or any other investment, every risk is an opportunity to earn better. However, I don't think to loan just to invest in crypto would be a good idea because the market is always unstable. It's better if we'll use our earnings to invest than borrowing or loaning because we can't predict the future price of Bitcoin.

It is necessary to adapt to the volatility in the cryptocurrency market. After all, you can make money on this, buy cryptocurrency assets at a very low rate, and sell quite expensive. Gain experience in the cryptocurrency market and will be well-developed in the future.

If you invest in buying coins and you control your own coins, it will only risk the price that may fall or go up, whereas if you invest in cloud mining or investing coins, but you leave them in the exchange then it will make you have the risk of losing your assets instantly when the website can no longer be opened.

Making money by investing is not an easy job especially when we are dealing or investing in highly volatile cryptocurrency market where prices fluctuates every time so you are on the edge of losing everything.Investing in this market without proper knowledge and skills is a big mistake.You need to do research about the coin in which you want to invest and monitor its growth regularly.Always invest the amount that you are willing to loose and be patient if you want to earn profits.

I don't think it wasn't because of its volatility that keeps the market and seeing danger inside. But what I could see is that "inside our hearts and mind" decision making and being an impatient person. This is what makes people suffering losses instead of gaining.

It actually there is a risk in all kinds of investment and if we think this all the times, it much more affects in our lives and the way we go into trading.

All I can say is that investing in crypto is very risky. Gone are the days when a lot of money can be made within a few days by trading. This was when it was rosy for the altcoin. A coin can go 10x of the ico price after listing but today reverse is the case. So many projects have not even been able to make the soft cap not to talk of hardcap. many of them do not even make an announcement of how much was made not to talk about listing. if you are lucky to see the coin you invested being listed, the listing price might want you to consider suicide.

Well, the danger is that you might lose your money if the price drops down and you do panic selling. That the most important rule, you just need to know in the crypto world and how it works when you are in investing. Since the value of it is volatile, so it may rise or fall from time to time and you don't need to be afraid of it and just keep on holding until the price increases earn a big profit on it.

Risk is always there but if you know how to manage it, you can gain a massive profit I guess. I recommend not to invest ICO's they are bullshit to me. Focus on bitcoin and other top 10 altcoins that has potential.

I do not advise doing this to all my newbie crypto friends, I introduce crypto to them as an opportunity where you can get free money
not the other way around.

Never put in mind to use a capital in crypto investing or even in all investments that we will enter “Using Loan or Borrowed money because the very moment that the market never stop falling against our expectations what will happen is the interest from The borrowed money will increase and sometimes insignificant growth
Absolutely right,we all knew about the possible profit brings by volatility but we also at risk if the price I don’t go the way we look at it
Nice article thanks for sharing this really help us find reason for not trusting the investing 100% special in cryptocurrency.

There are a lot of dangers inside of cryptocurrency investing such as hacking, money laundering, low price of cryptocurrency and etc. But i don't mind those dangers in investing in cryptocurrency because it normal in crypto to have this kind of risk or dangers, so it will better if we just focus on our investments.

There are two types of dangers involved here. One is the risk of hacking or phishing while other is risk of volatility and losing your money. Especially if you have invested money in shit tokens they are more likely to fail and you will end up with nothing therefore avoid such things.

In addition to the high volatility of cryptocurrencies, you can also consider the numerous scams that you can get involved into. I invested in so many ICOs and now most of them are dead with no further development. That's why it's so important to do an extensive research before investing into any project.

yes you are very dangerous when we enter cryptocurrrency without knowledge and just follow the trend. and think crypto is how to get rich quick. To succeed in crypto requires patience and also hard work. we must learn about cryptocurrency in earnest before investing. and I suggest that when investing crypto don't use borrowed money it's very risky. because we never know when coins will rise and fall. better start investing crypto with small capital but the money itself is not a loan.

The danger investing inside crypto currency is if you didn't know how crypto handle well in times of drops because of high volality fluctuations and most important thung to avoid danger and loses our investment  always remember if the price dropping do not panic just be patience and hold crypto investment that way I believe can control the dangerous risk investing in crypto.

There are a lot of dangers in investing in crypto. One of them is volatility.  Also, the crypto space is full of scams. legit projects are very few and a lot of exchanges manipulate their volume. This are just a few among them. since it is not regulated, a lot of unethical behavior full everywhere

The danger side with cryptocurrency only with price suddenly drop, we can't prediction about bitcoin how back lower price, just big investor know when bitcoin up or down. Cryptocurrency give many surprise for you when you make investing have higher or lower price, you can invets with bitcoin but you have ready when bitcoin or your investment go to lower price.

There is danger by investing in cryptocurrency. Why?  Because you may lose your money. Like investing in altcoin you can lose your money if the altcoin become Dead.
But if you choose only bitcoin or ether is much better but waiting is need for this investment because the price now is down.

I agree. When you know nothing about what you are investing, you end up losing. If you cannot handle your emotions on investing, you might end up losing too. You have to understand things in crypto and how to play with the volatility to avoid the crush. Crypto is very risky because of many fraud created that when you take their bait you will be the victim.

Searching and investigating is one of ways we should do on our part if we don't want to get scam easily, as per me, I am reading some of scam revelations about other person, so I can learned from their experiences, don't invest much of your money especially if you don't have savings yet, it is fine to take risk but not at all as it is not easy to earn money.

That is why it is not advisable to get loan to invest in bitcoin, for me, I save up portion of my salary to invest in bitcoin little by little though we can trust bitcoin our savings but it may take sometime, the profit is not instant, it may take months or even year to get profits because the price is very unpredictable and if you get loan the interest loans is becoming bigger the longer you pay them. This will only make your life hard because you will worry how to pay your loan and at the same time worry about the price.

The biggest danger is that the money you decide to invest, you don't need it, not even for an emergency, because at the time of allocating that money you must apply the techniques of the big investors, which is "Wait as long as necessary, until you get a gain ".

You cannot fall into despair when the market does not move in your favor, suppose your currency is Bitcoin and has a low price, you can not sell out of fear, because it would fail completely in investment, Volatility is usually a double-edged sword .

In Bitcoin, the movements are generally fast, due to their volatility, compared to the stock market, important movements occur every 8 or 10 years.

Volatility can do everything faster, but the key is knowing how to wait, in fact, now is a good time for investment, I have as a premise that the value of Bitcoin of less than $ 10k is always a good price.

1) I don't know where you heard this from, but that's not how (big) investors do their thing. They're on constant watch to the Market price charts, and every time they see profits they will not hesitate to trade, rinse and repeat. Holding is not really an investors strategy, but a Hoarder.

2) I can sympathize with this. You could use Volatility to your advantage if you know what you're doing.

3) Though we could argue that statical-prediction does not really portray the actual result, but we can at least expect something, rather than going in blind.

They are lot of dangers inside bitcoin  investment one should be aware of risks before going investing in crypto

Well, actually the danger inside cryptocurrency investing is you might lose it huge amount of your money when you do panic selling if the price drops down so you must keep on holding on no matter how low the price is because since the value of bitcoin is volatile so it may rise up again and you can it big profit if you wait patiently.

Another reason if you are investing in a project that going to scam, because you are lack research and to dig more before to know which is the potential one. Or might you have an option to stick in a top 10 cryptocurrencies that listed on CMC.

You should also look with other danger with crypto not only in investing and buying a token.
Example
Hacked there is possibility that you may experience this one if you are not careful enough.

Forget/lose important key such a passphrase and private key .

Regarding the fact that they forgot the storage location of the private key or this place was robbed. We see quite a lot of risks when cryptocurrency takes over.

High volatility and no regulations bring high risk along with them. The main danger is the high risk associated with cryptocurrency trading. Unless done properly, there is a big chance of you losing your money due to fud/fomo.
Another danger is you losing your money to fake exchanges or wallets. Crypto theft because of fraud and hacks has almost doubled this year. Since there isn't much regulations, there isn't much you can do about the lost funds.

While some coins are fine, probably best to avoid BTC.

1. Proof of work is not sustainable.
2. 1 MB pushs Tx onto L2 custodial nodes.
3. Banks now control BTC development.

If these secrets don't get out BTC will rise. If the masses discover the truth, it will probably crash.

Choose your cryptos wisely!

Investing in cryptocurrency is risky indeed especially to investing in unknown tokens. To reduce the risk you should go for the coin that has proven themselves as worthy of investment like bitcoin and eth. I choose those coins basically because they have the highest volume in the market hence you should not worry about it. Crypto is extremely risky yet profitable at the same time, the riskier it is the more profit you'll get.
You don't need to use your life earning or savings to invest in crypto but rather invest only the money that you can afford to lose.

The risks in the BTC trade are no different from the risks associated with gambling and other activities where the profit is uncertain. If a person gets dragged and starts investing unreasonably, puts in almost all their assets in the form of BTC or withdraws a loan to buy BTC, then the person is having a problem and things become dangerous for the investor.

We all witnessed it back in the end of 2017 when newbies with no experience either in crypto or traditional investing took loans and then found themselves in debts. Education and research is everything.

There are lots of dangers when we talk about cryptocurrencies. The very first of them all is scammers. There are projects that are taking advantage of the people they are giving promises especially investors and also the bounty hunters. There are also some dangers in investing, for example, the project didn't go well but they didn't intend to scam the investors, yes it really happens. For me, for you to be able to secure your money you should study the project itself and read the whitepaper and the roadmap so you should check if they can possibly make the project successful.

Well nothing is more dangerous in investing here in crypto space than your impulsive decisions and not so careful actions. Not thinking about what you will do deeply will lead you into a avery horrible situation and being irreversible is what's making it worst. In terms of external factors, there are scams that will surely take away everything you've invested. All in all, not being vigilant enough and well knowledged upon entering here is by far the dumbest decision you might do and will screw you up.

Just an investment when you understand the risks of cryptocurrency. Rapid fluctuations can be a big loss, but can also give big profits. If you don't understand and have never been in an investment like crypto, then it's better to avoid it. Or at least you can learn in advance about the cryptocurrency market, after that try to invest.

Delist coin from exchange market is very danger site of investing in cryptocurrencies, we buy or invest on altcoin without check what problem faced by an altcoin, will they keep exist on some exchange market for long term or not, with problem delisting on exchange market will give bad altcoin price very low, now we get scam with many altcoin have delist from exchange market.

the danger inside cryptocurrency investing is the people scammer
 :)

That's actually right,
Dangerous is not the right term to point the risk inside the cryptocurrency. When we say dangerous, it is something that we should avoid.
Cryptocurrency should not be avoided, because it is not dangerous, it is only risky for every investor. The risk that we are facing when we invest in every cryptocurrency.

I think there are two major problems with investing in cryptocurrency if you don't know how to handle them more professionally. the first one is hacking issues and the second one is the price volatility. For hacking issues, you can solve all that by using the hardware wallet or by keeping your private keys safe somewhere. the price volatility is the biggest part, you have to know when to buy cryptos and when to get out that is the only solution.

Saving it on hardware wallets or keeping privates key safe doesn't really prevent people from being hacked. Just because people do the things you mentioned will mean that they will never be hacked. Now, I'm not saying that your tips are worthless. I'm pretty sure if you do those things you can lessen the chances of being hacked. But we can't deny that there's still a chance.

Might I add, being aware of your accounts' security--might that be a wallet, e-mail, etc. will also lessen the chances.


Volatility isn't really a danger. In fact, you can use it as an advantage when trading. Though you're right, buying when its low is a pretty good strategy.

Most people understand the good perspective of investments in cryptocurrency quite well, buy they afraid to invest in cryptocurrency just because they (1) can’t choose a specific coin to invest, and they are also (2) afraid that they will be late with the withdrawal of cash in the case of the widespread collapse of the entire cryptocurrency market (as it was in December 2017 - January 2018) - they simply do not have enough experience and time to keep track of all this stuff related to cryptocurrency.

However, in most cases, these concerns can be mitigated significantly by placing assets into some crypto investment fund, which will rationally redistribute assets depending on the market analysis between different coins and cash.

For example, Crypto10 smart index fund (https://invictuscapital.com/crypto10hedged) provides investors with exposure to the top 10 cryptoassets by market capitalisation, while limiting loss of capital through a dynamic cash hedging mechanism. The weekly rebalance period allows the fund to be nimble and it would have been able to retain the vast majority of the fund value at the peak of the bull market. For example, in January 2018, the algorithm rapidly allocated (https://s3.amazonaws.com/cdn.invictuscapital.com/factsheets/c10-factsheet.pdf) the funds to cash, providing drawdown protection.

Start from small amount. Do not give everything you earned because you expect for a positive outcome. Invest small amount and the money that you will earn from that small amount may be another amount for investment. Think twice and be wise when making decisions because it will be a lifetime outcome.

Yet everyone can't compare that horrible moment to the current and future cryptocurrency investment condition ... that was just a misfortune investment, a decision to invest at the wrong time, really people can't continue comparing this all the time.

Cryptocurrency well known as a high risk investment it's written everywhere. So if people did not fully aware and learn more about this then it's their own fault.

You can't blame anything but yourself who randomly go straight to make money in short time period like it's a gambling , even speculators do some research when it comes to cryptocurrency investment, the dangers is in yourself who uneducated.

Obviously one of the main risks that come with bitcoin is it's volatility. If you had purchased bitcoin on Dec 19, 2017, each coin would have been worth $19,000. But just a couple of days later, on Dec 23, each coin was only worth $14,000. That’s a 26% drop, or a loss of $5,000 per coin, just within the span of a 4 days. And it’s not the first and likely not the last time that the price of a cryptocurrencies swing so fast.

However, I sometimes see people say that more risk often brings more profit, but the losses associated with Bitcoin are more certain than earnings because it is highly unpredictable and esoteric. even seasoned investors and hardcore supporters of Bitcoin don't deny that trade in cryptocurrency is an extremely risky affair but greed has made them addicted to this digital gamble. also, consider legalization issues as a reason that one should no invest in Bitcoin immediately.

I believe the statement "You shouldn't invest more than you can afford to lose" is the golden rule of investing in cryptocurrency. There is a lot of guys who take loans from banks to invest during the previous bull run. Well, I wonder where they are, now that the crypto winter has lasted for 2 years.

Another thing is follow the market sentiment to earn. I pretty much earn quite a lot from it. In the previous bull run, there are lots of dumb ass keep on talking about XVG and goes on and on hyping about it. I exited with 500% return of my initial investment on XVG. Big Thanks to XVG Hodlers

Good luck to you

To engage in the different crypto currency investments, or even in just a natural investments, we can say that there is a danger. That danger which I know is the 50/50 percent chance of losing and on the other hand, the opposite of it. There are people who are into investment, some are in neutral but some are getting out of their bounds that turn addicted that somethings invest more than what they are afford to lose, resulting from the danger of different circumstances of life.

I hope that times than people are came in crypto for easy money are gone.  This is a really risky story

The dangers hiding behind cryptocurrency investing can be explained in one word - greed.

People have always wanted to become rich overnight, which is a great risk, regardless of the investment method.

It is danger but if you are not the one who prepared from losing a money then do invest because investment show on how you can sacrifice a thing for a good or a bad.

If you think that you are always losing then don't invest using a big money and also try to save money.

It seems like investing anywhere will definitely have a level of danger and risk faced, and all can be minimized or prevented if you study it first and understand everything well because investing in cryptocurrency will have the opportunity to get good profits if you study it well.
and what I see is that cryptocurrency users are growing and developing and that's all there must be a reason, you have to find out and make sure cryptocurrency can be profitable and the security level is guaranteed safe and it all depends on using it, and you have to know when you buy and when you resell and if you are afraid or doubtful you can make a long-term investment to avoid your worries.

Every investment has risks and dangers, especially if we do not understand and know what we are investing. Similarly, Cryptocurrency, the value of Crypto fluctuations will make people panic when prices suddenly drop dramatically, therefore before someone invests in Cryptocurrency then they should first learn what Cryptocurrency is. And actually, Cryptocurrency investments are investments that have very good potential, and we can get huge profits if we can get good coins.

The pressure for people who use loans to invest is that they will feel rushed to get a quick profit, so they may become uneasy at the thought of having to pay their debts every month and this is not an actual investment goal.
So do not ever invest if you use borrowed money because investing in crypto is not easy to get profits quickly and will not be able to get rich quick, investing in crypto takes years to get a profit, it can't even be targeted by us, crypto is very volatile , prices can change at any time quickly, especially if for a beginner who has not been able to regulate emotions and can not guess the crypto market. They might get angry easily because of market conditions that are not yet understood and that can disrupt someone's life psychologically, because they have a debt burden.
 

Sure we can say that it's their own fault. But the thing is, they saw an opportunity to make money--or should I say easy money. But then again, last December 2017, the price of Bitcoin is very misleading, the fact that many people don't really know that much about Bitcoin, they thought it's the "real" price of Bitcoin. Little did they know it was a fluke--a bubble as we call it here. Due to unfamiliarity, many people jumped on the train and didn't actually know where it's heading. So when the price goes back to its "respectful" price, people panicked and get devastated in the end. That resulted in discouragement on using Bitcoin, and we thought that it was the start of Bitcoin to have its well-deserved recognition.

So my question is, who is to blame? The people who blindly invested in Bitcoin or the people (aka Whales) who pushed the Bitcoin's price to be a bubble?


That's not true. Some things are inevitable, even if you train so hard, learn so much, there are always things/events that you have no control over of.