How risky to invest in cryptocurrency?

[Jaggi90]

There is risk associated with everything. Even banks are not safe and so many scams are being come into consideration. So don't worry about risks and don't take any foolish decision. Trust your instincts and that's it.

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[kevincandra]

before you invest, you have to remember beforehand, that every investment there is profit and loss, every investment has its own risk, depending on how you determine the choice. and if you want to invest maybe you should have knowledge about altcoin which is good and potential to invest. Maybe you should invest in the long run and buy cheaply then sell when the price is high. So it can minimize that risk and when prices skyrocket high you can certainly get high results. The key is optimism. because your confidence is important.

[sykhang079]

Before investing, you should carefully analyze the situation of each penny you want to buy, carefully consider before making a choice, since that is your starting point, whether it is successful or not. this choice.

[Alohadanc3]

It's the most riskiest thing if you don't have any knowledge in this crypto space.Thats it.So it will be more frofitable when you gain more knowledge and stop following people.
And the more riskier thing is more profitable it is.If you are new I suggest you don't play risky game like ICO investment or day trading.Go for long term hold and start learning.and don't invest in unknown coins.Thank you.

[xvacator]

cryptocurrency is too risky for people which don't know where to start but they can still invest their money in cryptocurrency. we know that some people invest in many coins although they don't have much information about cryptocurrency. they are lucky because they can get the coin at a cheap price so no matter where the price goes, they still get the profit.

[solovalley]

How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?

all investments are at risk, whether it's investment in crypto or stock. all investments have its own risk, for the risk crypto that is fluctuating, volatile price. the most important thing you have to be patient in the investment, do not be in a hurry.

[KingOfWinterfell01]

How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?

Investing as a beginner is riskier compared to seasoned investors who really know what they're doing. As a beginner, you always want to get to know whatever you're investing first and always be one step ahead of all the things that could happen in the long run.

[ashmodeus]

How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?

LOL
of course it's very risky,
altough u still have a good research , u cant winning fight the fluctuactive waves.
because cypto have no guarantee
no like gold or etc.

[whk0]

I can predict that crypto will be popular for a long time so the risk of investments for crypto is lower not. But do not wait too long as well, everything could be changed probably.

[whyrqa]

I think every business have some risk.Remember no risk no gain.If you minimise risk for crypto currency you need gather some knowledge about crypto world.And I think to invest in crypto currency not a big risk.Be careful from scam project and before invest need learn.

[Raketa7]

Any investment risks, not only investments in crypto are risks

[Temmy007]

Crypto is a high risk and high yield business; but it is legit; the only way to make profit from your investment;  is to learn a lot about crypto and have good TA skills; unless you would just be making loses;  because the market would be controlling you

[Politkiw]

I would not advise beginners to invest in crypto before you do this you need to gain experience and look at other people and their mistakes

[Gras]

How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?

I believe that cryptocurrencies are one of the most risky types of investment. This is due to the fact that the market is subject to strong manipulation. As well as with the unclear legal status of cryptocurrencies. The only solution in this situation is training. We need to study and analyze as much as possible.

[Arrbuz]

This is very risky and it is definitely true . For beginners it is better to read about the mistakes of other investors

[forutba]

For beginner its very risky, i think its best to participate in bounties, after that invest into some icos, and only after some of icos  start some trading.

[safem]

It is indeed a very big risk for beginners to invest in cryptocurrency. First of all, such people are novice as far as investment is concerned. There is also likelihood to get scammed cheaply for beginners who are just about starting investment in cryptocurrency. Part of the things I think is highly required for beginners is knowledge.They should not just start investing in an investment that they know nothing about its goals and future plans. New investors should seek for people who can enlighten them on what cryptocurrency investment is all about and  how to invest in cryptocurrency. Another thing  that is very crucial for new investors is that they should not put all their money into cryptocurrency investment but should start with little and see how they progress with it.

[luckybanker]

How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?

It is very risky but high risk comes high gains. The price fluctuates extremely. One can multiply his investment ten folds in an instant and can also loose ten folds in an instant. You have to DYOR(Do Your Own Research) diligently. As a newbie, my opinion is to focus first on acquiring free cryptos using bounties and airdrops while you are still studying the trend of the market. Acquiring free cryptos minimizes your risk of losing great.
For your reference, you can read these threads for everything you want to know about crypto:
https://bitcointalk.org/index.php?topic=1217042.0

[sayyank]

How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?

Investing is like a life, if you want to be success you should have many experience and should learn first. Absolutely all investment have a high risk. So to minimalize it you should learn firstly about how to investment in cryptocurrency and how to read the diagram of cryptocurrency, but i believe if people have already known about how to investment in cryptocurrency, they will earn so many profits due to cryptocurrency is promising for the better future.

[Otorofo]

My advice to beginners, do not rush to invest, start to study the forum, here you can find a lot of posts about what mistakes are the most common . Read and learn