Number One Reason NOT to invest in Crypto

[Bagaji]

In my opinion,I don't see any thing in all your point you have mentioned that should deter me from investing in crypto currency market. This is because I have made much profit from my investment in crypto currency over the years and I have no hesitation what so ever for me not to invest in crypto currency.

[1714950197]

1714950197

[1714950197]

1714950197

[1714950197]

1714950197

[1714950197]

1714950197

[1714950197]

1714950197

[1714950197]

1714950197

[LUCKMCFLY]

The reason is very obvious, in altcoin it is not good to invest in these moments, it is best to speculate with Bitcoin, there you can win, more if you take into account that we are in a long stage of accumulation, if you are an investor it is a good option for have some BTC without touching it in about 2 or 3 years when the BTC rises to new levels.

[Victorycoin]

Many people has been change their life from crypto because crypto offer very high return in the short times. I think everyone should be try to invest in crypto but they should be use free money and that money not more than 1% of total money that they have. By invest in crypto, we will support blockchain technology and the mass adoption of it.

You can loss everything when you will die but your family may get all of your property and also any investment on bank but I think no one share password are something like that with someone and at the same way no one will share any info about his crypto in this case when the person will die all the property on crypto will be in vain.

[Dharmmie]

There is no business you will do that won't involve risk... All you need to do is just be smart and make sure you under how the market goes.

[Victorycoin]

There is no business you will do that won't involve risk... All you need to do is just be smart and make sure you under how the market goes.

You are obviously right where there is no risk there is no chance to be a winner only one thing can make you win and that is risk so noone should not avoid any risk if the person want to be winner.

[MIner1448]

there is some truth in this text,agree that the amount of hacking big, very sorry that it happened, but if you look, there are always risks, even in Fiat currency, for example, I know people who lost money in the banks.

[kidoseagle0312]

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.   

As crypto enthusiast, I don't have any reason for not investing it. Probably to those people who are against with crypto they're main reason was they are really afraid on investing it, they don't want their capital be turn into nothing. In short, they're not doing anything yet and worst they've been thinking the result at once, though they're investing it yet.

[logicgate]

there is some truth in this text,agree that the amount of hacking big, very sorry that it happened, but if you look, there are always risks, even in Fiat currency, for example, I know people who lost money in the banks.

 Yes there are some flaws in the system and in fact no system is purely perfect. There are many reasons not to invest in crypto but there are yet more reason to invest in crypto and I think the advantages of investing in crypto are far more than what the adverse effect could be. In addition, there are rare chance you might get hacked because the security is great but there are great chances you might make money.

[CryptoPowerL]

Many who are on this forum have a cryptocurrency. Those who only want to buy it be prepared for the fact that you can lose your money - this should be the most important reason not to invest in cryptocurrency

[cryptodukeguy]

Not using AI trading... just check mpcx

[Rufsilf]

cryptocurrency was developed bcz the current banking system was not preferred by everyone.and before investing your money in crypto's you should learn basic thing about crypto. always protect your private key or seed and keep them in offline sources.digital world is pron to hacking activity thats why always proctect your password or passphrase.

Exactly, yes it is true that digital world is prone to hacking activity but you being the owner of your coins is responsible in safeguarding your keys to make sure no one can get hold of it because if scammers can get hold of your keys then nothing can be done. The current crypto system has its share of flaws because nothing is perfect but it's also being improved so we can expect better in the future.

[semobo]

The Crypto currency must be involved with lots of technical issues so we don't know how to handle that when it is not in our control and more importantly it will not giving any assurance for the future that's why people thinking it will not suitable for us that's why it is not useful for some people.

[Victorycoin]

there is some truth in this text,agree that the amount of hacking big, very sorry that it happened, but if you look, there are always risks, even in Fiat currency, for example, I know people who lost money in the banks.

Which cant be stolen or hacked, gold cant be stolen? Bank cant be scammed? Can you give guaranty about your card everything can be loss. But for crypto it can be stolen only if it is on the exchange. For wallet if you secure then it will remain safe. For example electrum users lost bitcoin but do you know that maximum users were out of the hack.

[JohnBitCo]

Don't invest in crypto is a sense that people has no success in trading and investings. So they warning many people to don't experience what they have been experience on it. Remember that we have many investors and lot of money buy in a coin that have a future to earn and if there's no traders and investors there's no volume.

I think we should not invest only by seeing that others are investing too. If you see other people investing in crypto, and you follow them, this is not right for me. You first understand what is crypto and what are its benefits and risks, and only then you should invest in crypto.

[mersal]

if someone believe that the current economic system will stay forever then there is no reason to invest under new invention like cryptocurrency and blockchain technology but nothing is permanent here Fiat money system also evolved from the old barter system so actually in the future we will have some changes to our payment system so investing earlier will give more benefits.

[logicgate]

Don't invest in crypto is a sense that people has no success in trading and investings. So they warning many people to don't experience what they have been experience on it. Remember that we have many investors and lot of money buy in a coin that have a future to earn and if there's no traders and investors there's no volume.

I think we should not invest only by seeing that others are investing too. If you see other people investing in crypto, and you follow them, this is not right for me. You first understand what is crypto and what are its benefits and risks, and only then you should invest in crypto.

 Investment in the crypto currency is super simple for investors who have learnt a lot about it and have been learning to newly launched technologies. In contrast to it, investors who are just investors by name or some with little knowledge cannot survive here and lose everything easily. It is a big risk when you don’t know about something and put huge amount as investment is similar to gambling.

[Caladonian]

if someone believe that the current economic system will stay forever then there is no reason to invest under new invention like cryptocurrency and blockchain technology but nothing is permanent here Fiat money system also evolved from the old barter system so actually in the future we will have some changes to our payment system so investing earlier will give more benefits.

Thinking of possibilities will make you to position in a much better side, if you are optimistic and you fully agree that this alternative money will be adopted
and be use along with existing fiat system then investing as early as now will bring good results, once more adoptions happened around the value will increase accordingly those who can wait and hold their investment will receive higher profits.

[LimLims]

The number one reason not to invest in crypto is the risk that every crypto have,  investors always fight and accept every consequences once they invest in an altcoin, two possible things will only happen,  success and lost.

Nice thought dude.
But your words are slightly contradictory.
I would say that the reason for someone to not invest in crypto is that,  they fear.
They fear that they will make losses.
But when they win some,  they say it's their luck.
But when they lose,  they cry.
So in order to change this,  they need to have confidence on themselves.

[Victorycoin]

It can be unaware of crypto market for staying away investing on crypto market. Those people who has proper knowledge of crypto and has a fund they must try to make invest on crypto market.

[Aivaryamal]

It is necessary to treat your assets more carefully and then there will be no such situations, digital currencies can make many people more free and successful