Vitalik Buterin said Cryptocurrencies ‘could drop to near-zero at any time

[Alpha0One1]

According to him traditional asset is the best to store your life time saving.
https://www.cnbc.com/2018/02/19/ethereum-creator-vitalik-buterin-warns-about-cryptocurrency-investment.html

What do you think?

It's always possible that this will happen due to very high risk nature of cryptocurrencies.
Once you start earning profits, I would strongly recommend that you have an exit plan or regular exit plan (e.g. quarterly) to take out from crypto as well.

[Kulafu]

According to him traditional asset is the best to store your life time saving.
https://www.cnbc.com/2018/02/19/ethereum-creator-vitalik-buterin-warns-about-cryptocurrency-investment.html

What do you think?

It's always possible that this will happen due to very high risk nature of cryptocurrencies.
Once you start earning profits, I would strongly recommend that you have an exit plan or regular exit plan (e.g. quarterly) to take out from crypto as well.

There's always a possibility in all things. There's is no certain in Cryptocurrency. But influential people should avoid utter words that could destroy a thing in a short period of time. 

[Tambu]

According to him traditional asset is the best to store your life time saving.
https://www.cnbc.com/2018/02/19/ethereum-creator-vitalik-buterin-warns-about-cryptocurrency-investment.html

What do you think?

This Buterin statement seems happening in the market. Hope the market will bounce back after the dive.
Though the the price of stellar coins/token still high but the dip since January 2017 is so deep.

[Angel Balu]

According to him traditional asset is the best to store your life time saving.
https://www.cnbc.com/2018/02/19/ethereum-creator-vitalik-buterin-warns-about-cryptocurrency-investment.html

What do you think?

There is a cryptocurrency that can fall even from the top to the bottom, but that all the cryptocurrency at once, this can not be, they can sink very low but to just up to 0 no.

[Kulafu]

According to him traditional asset is the best to store your life time saving.
https://www.cnbc.com/2018/02/19/ethereum-creator-vitalik-buterin-warns-about-cryptocurrency-investment.html

What do you think?

There is a cryptocurrency that can fall even from the top to the bottom, but that all the cryptocurrency at once, this can not be, they can sink very low but to just up to 0 no.

Yes it's correct. but the cryoptos without market is no value.  Buterin is just utter what is on his thought.
As long there are buyers and sellers market will go on.

[Yudhisthir]

It's about possibility. The same can happen with gold or gas.
But as the cryptocurrency is now a board term comprising of different types of digital assets, it would be really difficult to generalize them.

[Melech]

All this theoretical reasoning has little to do with practice.
A meteorite, a nuclear war, an epidemic or some kind of force majeure can change the structure of values at any time. But do we focus on this when we make investment decisions? Everyone hopes that there will not be such extreme cases and plan their lives in calmer options.

[thienlonghue]

It is possible. Bitoin's price based on the trust of people. Bitcoin don't has any assured property. So when people don't trust Bitcoin, It could drop to near zero

[skelethon]

Well he's not wrong, it could drop to near-zero any time but it's really unlikely for that to happen I think.

[Kulafu]

as long as blockchain networks can not be broken, it will not happen

traditional investment methods are safer buy doesnt make 20x-100x

it depends on what you invest in crypto

i personelly can invest up to 5 years of my saving into crypto.

if that money makes 20x then i will be retired, if i lose all the money, i work for  extra 5 years

Buterin is just an honest to itself. Traditional assets still good to invest at,  specially you are conservative kind of investors.
But if you need a quick ROI and huge gain  then cryptocurrency is a good choice as long you know how to play it.