List of risks investing in cryptocurrency

[micky mou]

People are loving cryptocurrency.....
but on the other side of a coin
it must have many risks
list all the risk and make people's aware///////////

[Samueltalk]

Investing in cyrptocurrency has a very high risk because the price is very fluctuating. bitcoin as a major investment because of the limitations that can not be analyzed. There is not enough ecosystem around bitcoin for fundamental analysis to be able to study it as an investment.

[mxyzptlkof6th]

People are loving cryptocurrency.....
but on the other side of a coin
it must have many risks
list all the risk and make people's aware///////////

Nice post. Very informative of you. The risks of investing in cryptocurrency depends on which assets you are gonna invest. I prefer not investing but working to accumulate your own coin.

[heisenberg0000]

People are loving cryptocurrency.....
but on the other side of a coin
it must have many risks
list all the risk and make people's aware///////////

My personal take on this is that investing in crypto currency would only take into account if you are spending money outside of what you can lose.
To those who asks me how much they should invest in crypto currency, I always advise them to only spend the money they are willing to lose or 10% of their income at the most. Crypto currency should also be treated same as any other investment, the ratio of risk to reward should be calculated.

[Kate Beckett]

Investing in crypto currency is quite risky. You never know, what the price will be tomorrow. That's why you don't have any guarantee. You can earn a lot or lose everything. The rate is unpredictable. In my opinion, this is the main risk.

[Metherry]

We must divide the risks into several levels.

 >>  Risks when buy, Sell and Invest.  <<

Risks when buy, Sell
when you want to buy must find trusted seller or exchange way because bitcoin is Non-returnable.
you must find trusted way to make money back.
Central platforms may be good for buying and selling, but they require you to comply with all regulatory restrictions with cheaper rates and faster confirmation.


Risks when Invest
price can changes every hour which make you being fast when want to buy or sell.
If you do not know the resistance levels and how to buy and sell at the right time, you may lose all your money.

[Flor1982]

People are loving cryptocurrency.....
but on the other side of a coin
it must have many risks
list all the risk and make people's aware///////////

The most common risk we have in investing crypto currencies is that the price is fluctuating in which if you will not render a regular monitoring it will surely you will lost your investments therefore the need of constant checking and updating will help to prevent losing the investments. The other risk is if you will not check carefully the website or the trading site that you are going to pour your investments that you might be a victim of fraud or scam sites losing your hard earned bitcoins too.

[Kim Ji Won]

People are loving cryptocurrency.....
but on the other side of a coin
it must have many risks
list all the risk and make people's aware///////////

Everything you do has risk somehow so you should be aware yourself beforehand about these things before you go doing something. You are obliged to do some research about cryptocurrencies so that you will know about these risk and should depend on others to know other risks, it's just a bonus to you to know more about it on other people.

[Lintel]

People are loving cryptocurrency.....
but on the other side of a coin
it must have many risks
list all the risk and make people's aware///////////

 Any investment is risky esecially in cyrptocurreny because it is volatile. The value of the coins is not fixed. So everything you want to invest , even venturing into business is risky too. But inorder ro gain or earn you need to take risk. Just be careful which coin you want to invest and study the price inorder to avoid losing all your money.

[meyklove]

Its truly a risky investment in crypto world and its hard to predict the movement but can give you a huge profit if you know the flow.

[Bobby park]

People are loving cryptocurrency.....
but on the other side of a coin
it must have many risks
list all the risk and make people's aware///////////

For me, cryptocurrency is a matter of luck. We are all here putting the risk that we will gain but I know also that we anticipate what will happens to us, our time, effort and money may gone in just a blink of eye.
Taking risk is part of success! If you to be successful, then sacrifice and learn to have hope and patience on what you are doing.
Cryptocurrency is good for all people who are aware.

[heraldlazaro25]

People are loving cryptocurrency.....
but on the other side of a coin
it must have many risks
list all the risk and make people's aware///////////

We all know that cryptocurrencies has its own advantages and disadvantages. We should also know what can we gain and what risks can we encounter especially when we engage ourselves as well as our money in it. Example of risks are being scammed, losing money, and many other things that may affect your daily life.

[promode]

People are loving cryptocurrency.....
but on the other side of a coin
it must have many risks
list all the risk and make people's aware///////////

In my opinion, we should be discussing, How to avoid the risk rather than discussing it.

Following points are according to my understanding avoid risk(For beginners & Weak Hands).

1. Play the big game(HODL), Have long-term Moon goals(Short-term goals always not perform well in Crypto).
2. Learn about your Risk Get as much information as you can about your investment(coin).
3. If you are investing in the Crypto always invest a portion that you are willing to lose without any problem.
4. Always take a calculated risk, what I mean is the if that coin you have invested goes to zero, You don't give a damn.
5. Take a break and chill out(Sometimes its ok to forget everything about the crypto and enjoy your life.).
6. Crypto is filled with Scams, Ponzi schemes. Avoid them.(Follow real people e.g https://twitter.com/aantonop?lang=en)

What do you guys think? , Let me know your thoughts on this.

[heyspongebob]

I would say it is very easy to participate in any type of cryptocurrency deal, which means:

A) It is very easy to be scammed. Most people is well intentioned, however there are millions of scammers who want to get your coins and don't mind how.
B) It is very easy to trade therefore losing if you are not interested. Internet is flooded with information which may newbies think they have all the tools they need to become rich with trading, this 99% of the time becomes a loss.

[JohnHero]

People are loving cryptocurrency.....
but on the other side of a coin
it must have many risks
list all the risk and make people's aware///////////

They main risk is that you can lose all your money. In order to avoid that, I suggest investing on long term. Avoid short term as much as you can, as you might fall into the emotional trading.

[Slava79]

Passwords.  With cryptocurrencies you can't just forget your password and ask a bank to send SMS in order to reset it.
So this is a risk investing in cryptocurrency - you can easily just lose your password and your money will be hanging there in blockchain for millions years.

[ss890]

The crypto world is itself runs on the risky feature of it that is decentralisation which gives it both anonymous nature and risks involved with fraudulent cases. However, the risks which can come in the use of crypto might be related to the way we are using it.

I think of these risks according to use of it!
A) ICO investment : It is one of the big risk when you invest into different projects which could be fraud or scam in the later time of their development phases.
 
B) Gambling : This is one of the foremost way of loosing all your money if you are not responsible about your investment into it. You can easily get carried away with this type of investment and greed might just eat your money.

C) Lending : We have seen many cases in the meta section for appeals that are against the people who ran away with the lend money and that obvious when you are playing with your money in the decentralised roof and there is no proof in the first place.

D) Investing into Ponzi schemes: We ave all came across the concept of could mining where people do go and invest huge money because the sites claim that you can earn X % monthly or daily on your investment. The more you put in the more you take away that is what the claim is all about. But nothing works like that and you can loose money over there easily.

So be aware and responsible while doing so.

[Lancusters]

People are loving cryptocurrency.....
but on the other side of a coin
it must have many risks
list all the risk and make people's aware///////////

We all know that cryptocurrencies has its own advantages and disadvantages. We should also know what can we gain and what risks can we encounter especially when we engage ourselves as well as our money in it. Example of risks are being scammed, losing money, and many other things that may affect your daily life.

It seems to me that the biggest risk of investing in cryptocurrency is a prospect of a General ban. Until there was a hope that bitcoin will be used as currency increased demand for bitcoin and the prices rose. Banks and governments could not stop the use of bitcoin as currency. But people have turned bitcoin into a tool for accumulation. Under these conditions, we will never get rid of the need to exchange bitcoins for Fiat. It makes us vulnerable. Therefore, investors are leaving the cryptocurrency. We see the outflow of capital of all cryptocurrencies.

[pawanjain]

A wise person once said that we can never be successful in life if we don't take any risks. Apart from this, cryptocurrencies have shown huge gains over the last few years and may be that is why people are so delighted to take the risks and invest in crypto coins. Anyways, there aer many risks involved in crypto such as
* stealing of funds
* investment fraud
*losing funds by sending to wrong addresses
*lack of coin development
*speculation
*volatility
*pump and dumps
*panic selling
* losing money in trade etc...

[Rinsend]

Investing in cyrptocurrency has a very high risk because the price is very fluctuating. bitcoin as a major investment because of the limitations that can not be analyzed. There is not enough ecosystem around bitcoin for fundamental analysis to be able to study it as an investment.

that's right, but I think bitcoin is the most successful investment.
whenever you enter and start investing in bitcoin it is the first step that can definitely lead to success even if either it is a period of several years