Is Cryptocurrency a Good Investment?

[South Park]

It is such a shame that this has happened because not only they invested in a coin that is not the worst that we have here in the market but it is really far away from being the best
-snip-

That's just the problem in a (currently) unregulated market like cryptos ... Everybody can advertise for anything and doesn't have to fear any consequences. This would not be possible in the stock market, for example, or would result in severe penalties if advertising was done and the price then plummeted massively - as is the case with Doge.

I'm not even accusing Elon of malice, I just think he likes the fact that he can manipulate the market like this and does it primarily for fun.

This is the advantage and the disadvantage of unregulated markets, the fact that you do not have to report to anyone means that anyone that wants to create a coin can do it but this also reduces the quality of the projects we have in it, and if to this we add that powerful individuals like Musk can do whatever they want and not face any consequences then he is going to keep doing it, the only way to protect ourselves from this is to not listen to him, something that I think is happening already.

[NicNacCoin]

May be or maybe not ...when You invest good successful project which a good investment for you but when you invest a fake or shit projects then it consider a bad investment. It should always risky for investment in shit projects.

[Quidat]

May be or maybe not ...when You invest good successful project which a good investment for you but when you invest a fake or shit projects then it consider a bad investment. It should always risky for investment in shit projects.

Agree on this because everything will really be depending on what you do choose.Investment turns out to be profitable if you have chosen the right one but if not then expect the opposite outcome.
Its just a matter of risk taking because not all would really be having that kind of risk taking factor and still have hindrance or doubts when investing on crypto and some do make out investment
without even thinking on whats the risk behind which do results into frustration and regrets.

[Liamttw]

Investing in cryptocurrency is profitable and a good investment, investors can make profits by investing in cryptocurrency. But the price of cryptocurrency fluctuates greatly, and there are certain risks. Therefore, study and research before investing to reduce risk and loss.

[Sled]

Investing in cryptocurrency is profitable and a good investment, investors can make profits by investing in cryptocurrency. But the price of cryptocurrency fluctuates greatly, and there are certain risks. Therefore, study and research before investing to reduce risk and loss.

Of course, we can't eliminate the risk here but as a trader/investor we have to find a way and that by choosing a good and promising project.
I can say that crypto investment is a good investment as well but if we are careless with our actions and decisions, it gonna be our nightmare.So before we have a plan to invest in crypto, better to know more about this and don't push ourselves if we are not yet prepared.

[ROSERTY]

Cryptocurrency is the best investment opportunity，it promotes the development of the blockchain digital field. We can see that many investors make profits by investing in cryptocurrencies, and it is indeed profitable. More and more investors can prove that cryptocurrency is a good investment. However, investing in cryptocurrency also has certain risks, so you must understand and analyze relevant information before deciding whether to invest.

[Karish2return]

In a sense you can say that cryptocurrency is a good investment, but after investing in cryptocurrency you need to know about it, how it will give you profit and what kind of circumstances it needs? After knowing nothing about it and investing in it, you will absolutely get loss. So try to know as much as you can about cryptocurrency, that will be beneficial.

[jossiel]

May be or maybe not ...when You invest good successful project which a good investment for you but when you invest a fake or shit projects then it consider a bad investment. It should always risky for investment in shit projects.

And it is your duty and responsibility to choose only those good projects or cryptocurrencies that you have to invest. It's better to invest with knowledge to what you're investing in.

Rather than to randomly guess and invest with those projects that you're just seeing on the trackers. You don't invest with bad projects and if you do, you didn't do research.

[Xampeuu]

May be or maybe not ...when You invest good successful project which a good investment for you but when you invest a fake or shit projects then it consider a bad investment. It should always risky for investment in shit projects.

And it is your duty and responsibility to choose only those good projects or cryptocurrencies that you have to invest. It's better to invest with knowledge to what you're investing in.

Rather than to randomly guess and invest with those projects that you're just seeing on the trackers. You don't invest with bad projects and if you do, you didn't do research.

For new projects, we really have to do detailed research, but why don't we choose bitcoin for the main investment in cryptocurrency, or do we only use a small part of the capital to invest in new projects, so the risk we accept will be smaller. I think that in investing, the security of funds is the main thing, besides we are looking for profit of course

[Victorycoin]

Cryptocurrency can always be a good investment but you have to keep in mind how much profit the investment you make actually pays you, If you can do market trends and market analysis properly then you can make a profit forever but market analysis and trend is important to remember that you may face losses for some time but you may have to wait a long time to recover them.