Number One Reason NOT to invest in Crypto

[Surge_Dev]

As for me the only reason is not invest in crypto is because it is risky. It is difficult to balance and not to lose especially if you lose patience when trading. It is necessary to be more competent in trading and treat it seriously

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[hdclover]

I think it will be fraud or some shit ICOs drag users to a pitfall. Some people think this as a get quick rich opportunity and they invest alot here thinking they can get rich soon but in the end they lose their savings.

[Chacha1000]

I see no reason why I will not invest in cryptocurrencies because so far the ones i invested in are really making me happy already

[christofyler]

I will say you are right because investment in crypto is a completely risk. But that doesn't means crypto Don't have an advantage. Crypto has help to reduce the rate of unemployment and also it serve as a means of money exchange. Truly speaking I can't advice anyone to invest is money on crypto expect he/she can bear the risk involve. All I known is that ''if you are afraid to loss money you can never be risk'' and ''also never risk the money you can't afford to loss.''

[suzanne5223]

Bitcoin is the gateway to big and genuine money. This is the reason why most of the online theft focus on it and concern the bitcoin which were stolen,  I believed 95% of bitcoin wallet are secure only if human error are avoid and Bitcoin shouldn't be though.

[bizarro]

Hmmm... this was quite negative. But I would decide for myself personally, that me and only I am responsible for what I am doing

[cyberpunkworld]

Most of us have invested hard earned fiat money and time into trying to make gains in Crypto.  The recent price spikes have validated our enthusiasm for crypto.  We trade, invest long term, stake our coins, study, and wait.  What is really going on here? 

The entire crypto universe is being driven by thieves.  They steal coins from users and from exchanges.  Apparently there is nothing that can be done.  They are free to have their way and there is no limit to what they won't do.  That sounds a lot like taxation.  Criminals are driving crypto, and by investing in crypto, time and energy,  you are helping make rich, people who would steal everything you have and leave you to die in the street.   How many billions in Crypto have been stolen?  The thieves just stake and hold our coins, that they stole, and you still use the coin paying the network fees that go right back to the thieves that took your coins. 

You want sovereign money.  The last thing you want is money that is in a network.  Network money is a really bad idea. You will be robbed and then you will turn around and feed the ones who robbed you in the first place.  It's not right.  At least with fiat there are rules.  There are no rules in Crypto, and by the time rules ever do get put in place, if ever, the criminals will be at the top.

The scum rises to the top and all the idiots feed the filthy greedy children, that can't just invest in a good coin like everybody else.  Their mantra is "Me Me ME!!!"

Just because you CAN hack someone's computer and steal their passphrase, doesn't mean that you should. But apparently their are no repercussions, no laws, no rules, no honorable men, so the jackasses continue with their malware and trojans and you know what?  Fuck it.  I'm out.  I would rather have fiat in a real bank than this bull shit.   

These were my coins.  ARDOR-HKCS-V6N8-FH7T-A3SLF  Worth about a quarter of a million dollars on the day they were stolen by someone who hates his fellow crypto users.  He probably thinks he is real smart.   He will sit there and stake my coins and you idiots will reward his behavior by using this coin and giving his coin value. 

This jerk still has a chance to return the coins to their rightful owner, but why would he?  Does a piece of dog shit not stink?  Once you say goodbye to a conscience, it's gone forever.  There is no turning back.  You can go about your life thinking pretty highly of your self.  But the world knows the truth.   

Ultimately you are supporting technological advancements while investing in your future. I understand your point but cannot agree with it.

[Natsuu]

Hmmm... this was quite negative. But I would decide for myself personally, that me and only I am responsible for what I am doing

This is like join at your own risk so in the end you can't blame anyone for your losses. Personally, what hinders me to invest in ico is because of the project itself like if it's shady and second if I don't have spare money at the moment.

But for others, I think they won't invest in ico because of lack of knowledge and afraid of volatility.

[samcrypto]

i dont agree with you, thousand of peoples millionarie after investing in ico, and their are no other option to get huge profit. thats why people love crypto currency,

Some ICO's are worth investing for and this is why many investors are still coming despite of negative news about ICO. Invest on ICO and take the risk but don't forget to make effort studying the project because not all ICO's are true. Scams makes investors more afraid to come, this can't be stop so better to be careful and invest wisely.

[wantjokull]

For me  reasons not to invest in crypto are if you don't have any idea what crypto is,  lack of ineterest to learn crypto market and investment, impatient  these are  tje most common reason why you should not invest in crypto as we are know crypto is very high risk and volatility but if you know what you are investing for, the profit here is also greater than investing in any other stock market.

Yes you are right if you don’t have an experience or don’t know about crypto currency it is very risky thing you will able to loss your money that’s why many people saying learn and invest in crypto currency.

Investing here in crypto does not required since investing here is just like putting your money in a bank account and holding it until such time that it has already profit but if you really don't have the knowledge yet with what you are doing and with the one you are investing at then don't try first until such time you are ready.

Frankly speaking OP has no idea what he is talking about. Considering your post I got motivated to speak about this in completely different way. Yes, I do feel that we are here with at most security and safety of our funds. We dont have worry about the money that we put in here as it is meant for growing in upward direction only. So in any case, eventually we will have our money grown but not loosen.

[mcrey11]

I got your point. Always keep in mind also that anything that we own right now it's either physical money, jewelry, gadgets, cars etc. are also prone to robbed, because anywhere in our community might be there few are criminals. So therefore, it is our rights and responsibility to protect our own possessions and with the help of the authorities and admins. I know you're really upset but just focus on your problem to solve, not to give reason for others to feel discourage in digital currency.

[chistiy]

To my mind, crypto has a lot of coins, and you should learn about the coin to maximize your risk before investing in it. Honestly, if you have no knowledge of the crypto world then it is very difficult to invest in this market because you can see that more than 1,000 coin is officially present on CMC and many Not yet listed.

[Piranha1]

It is up to us to invest or not in crypto because at the end of the day it would be our own money that will be lost. That is why many people said that you should only invest money which you can afford to lose.

[yoseph]

OP is just bitter that someone stole his coins, but that’s not enough reason to just completely say that investing into crypto currencies is not worth it, others have lost more than that but they are still investing but I say that it’s really painful to see someone still everything you have toiled for in just a matter of minutes.

[Nick Abimanyu]

Most of us have invested hard earned fiat money and time into trying to make gains in Crypto.  The recent price spikes have validated our enthusiasm for crypto.  We trade, invest long term, stake our coins, study, and wait.  What is really going on here?  

The entire crypto universe is being driven by thieves.  They steal coins from users and from exchanges.  Apparently there is nothing that can be done.  They are free to have their way and there is no limit to what they won't do.  That sounds a lot like taxation.  Criminals are driving crypto, and by investing in crypto, time and energy,  you are helping make rich, people who would steal everything you have and leave you to die in the street.   How many billions in Crypto have been stolen?  The thieves just stake and hold our coins, that they stole, and you still use the coin paying the network fees that go right back to the thieves that took your coins.  

You want sovereign money.  The last thing you want is money that is in a network.  Network money is a really bad idea. You will be robbed and then you will turn around and feed the ones who robbed you in the first place.  It's not right.  At least with fiat there are rules.  There are no rules in Crypto, and by the time rules ever do get put in place, if ever, the criminals will be at the top. 

The scum rises to the top and all the idiots feed the filthy greedy children, that can't just invest in a good coin like everybody else.  Their mantra is "Me Me ME!!!"

Just because you CAN hack someone's computer and steal their passphrase, doesn't mean that you should. But apparently their are no repercussions, no laws, no rules, no honorable men, so the jackasses continue with their malware and trojans and you know what?  Fuck it.  I'm out.  I would rather have fiat in a real bank than this bull shit.   

These were my coins.  ARDOR-HKCS-V6N8-FH7T-A3SLF  Worth about a quarter of a million dollars on the day they were stolen by someone who hates his fellow crypto users.  He probably thinks he is real smart.   He will sit there and stake my coins and you idiots will reward his behavior by using this coin and giving his coin value.  

This jerk still has a chance to return the coins to their rightful owner, but why would he?  Does a piece of dog shit not stink?  Once you say goodbye to a conscience, it's gone forever.  There is no turning back.  You can go about your life thinking pretty highly of your self.  But the world knows the truth.   

Your remarks such as Assault Rifle are smashing ants amid a vast forest, spending hundreds of bullets but none of them hit the mark.
If you prefer fiat money over cryptocurrency, why would you issue a crap statement, is not that a tiring thing?
Yes, I understand your anger, losing it's indeed beyond disappointing, even for existentialists it's painful because as if only you who experienced the incident but true similar events may have experienced by others but they are able to control their emotions so as not to raved alone be like you.
This problem was not possible to happen to any crypto owner with a small amount of funds.
But I once read an article posted by someone who says "Take care of you, the more funds you have, the greater the risk of loss (stolen)".

[valera10]

Your reason didn't affect me at all. The main reason not to invest in crypto is I think my own fears and impatience with which you will definitely lose all your money)

[macchiato]

Not too convincing not to invest in cryptos. Cryptocurrencies are great assets in this developing world. It is a matter of keeping your riches in a safe storage. You know know the risks of crypto investments before plunging in and you must make a move to prevent these things from happening. How? Invest on a high-security wallet. Hardware wallets should be okay. We cannot anticipate hacking, yes, and that is why hardware wallets exist. If you are not contented with the privacy and security online wallets offer, invest on a good storage. Think of it this way. You've got billions of fiat money but you just store it in a cabinet with no lock. Anyone can steal that. Unlike when you invest on a vault or you deposited it in a bank that intends to protect your money.

[chibimanau]

Investing in crypto is profitable and risky. You have to improve yourself, and take risks. You need to set up stronger password protection, and do not visit malicious sites. I think crypto is a big turning point for the future. The reason you gave was not enough to convince me to give up crypto.

[ufaiz50]

You say it because you lost your money, it should be before you go in the crypto you already know that there is no regulation on the crypto, to be honest I was somewhat annoyed with people who lost control and made statements like this, for losing money in his wallet which he grasp yourself, I think why you lose the money is mostly probably your own fault, where that which has the crypto is only you who can access and it's all in your hands.

[DonateBB]

Some people like to invest in Crypto because they make a high profit for them. But some people do not like investing because the risk in this market is quite high. But let us remember that the higher the risk, the higher they bring us. This is the principle ever to do business in any field.