How risky to invest in cryptocurrency?

[Emperor of Man]

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

It's a relatively risky investment, but if you know what you're doing and your make smart decisions it can be very profitable.

Just don't make my (and many other people's) mistakes, and don't get into trading them until you have spent enough time for research and learnt enough about this market's characteristics.

First days can be the worst days, because of amateur mistakes.

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[Lindell]

It's very risky to invest on crypto especially when you are new on this field. Only one of the two things might happen to you, lose or gain. When I was new, my friend taught me to trade btc and ether. First, I studied trading then decided to invest a small amount in ICO and  l was lucky.

[Crytptomeniac]

Cryptocurrency is a very risky investment platform, The market is characterized with high volatility and unpredictability making it even worse to an investor, this is a market where anything can happen, money can be lost overnight  and here is nothing that can be done about it, However, all is not bad, High risk equals High returns,the crypto market also has the capacity to reward its investors well, as the cons have the capacity to gain a considerable amount of value in a short period of time  as its not regulated

[kendra1107]

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

It's very very risky especially if you don't know your way around it. So it is always best to do your research first and study how the system works before engaging in any crypto related activities. This will serve as your tool and guide when dealing with projects or other members. We have to be smart here coz if not, we can lose a lot. Money, time, patience, even our mind (in some cases, our life) can be lost! So, do everything necessary to equip yourself in this venture.

[samiraetn]

Investment is always risky and you will get reward for taking this risk .For novices, it is hazardous in light of the fact that regardless they have little information about the dependable sites and crusades to join to. They are very in danger with regards to con artists. But such risk can be avoided with the help of the experts.

[mellorbo]

super risky because every investment is very risky, no one is safe. If the investment stock is very risky what more in investment ICO. It's really hard to tell but every money is not safe and might do a research to have a successful investment.

[Anyobsss]

Cryptocurrency is a digital currency which means it doesn't have a physical form, that said we can consider that investing in something you don't really hold  is really risky. In addition, the price and the crypto market itself is unstable.

[mihtju]

It is quite safe to invest in crypto-currency if you approach this issue with your head. Try to invest in a few coins, it will reduce your risk.

[HoaNguyen]

Investing in the cryptocurrency market if you are a newbie will have a lot of risks. Most of the acquaintances I know have invested in cryptos through their friends' advice as well as their friends who do not understand the market. So after the investment, the exchange rate will reduce fear, panic, gradually they will sell cryptos to cut losses and exit the market. So if you do not have the experience of cryptos, then you should not invest but just join the airdrop and bounty!

[gentsy brink]

investing in cryptocurrency is a profitable investment and also risky. If we don't manage it well then it will be very risky. we will lose from it. before joining in the world of cryptocurrency we must really understand about cryptocurrency and the strategy. it will be very beneficial to get profit.

[Sparklins4u]

As a beginner in cryptocurrency, my advise for u is to do proper research on any token you want to invest in and make sure you invest what you can afford to lose. There are  a lot of scam projects on this space. To be on the saver side, invest in the top 10 tokens on coinmarketcap.com for now, you can start buying below top 10 as you get acquainted

[skiorf]

The percentage of the risk and profits in investing in crypto is about fifty-fifty.
Crypto is full of fluctuation, prediction, speculation, and also luck. If you are a beginner and you only follow the hype, you will lose more easily. But if you are beginner and willing to learn more about crypto, just learn it and analyze it. So you will get more profits.

[docamvan1997]

First if you are newbie, you have no information about blockchain. You must start from zero. Learn all thing which you must learn. Therefore ignorance is the first risk.
Second when you have knowledge, you may have wrong prediction. The market changes everyday. It's not about your imagination. It includes the shark's thinking, the faith of buyer, good news, bad news,...

[roadwell890]

if you are a beginner, I advise you to try with less money, because big risk if you use big fund as investment
cryptocurrency has a big risk, you can get 20% profit in just 3 days,
but you can also lose 60% within 1 week
it all depends on our patience in the buy and sell

[Getcoinsite]

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

Ofcourse as always for the beginners is beinh not knowledgeable but trying to enter investments here before anything else we must learn that this is not a easy market,you cant just buy coins and profitll the way,this needs skills and knowledge about every each coins you need to invest with so you should spend lots of time here,dont rush because this will lead to to failure,learn the fundamentals and patient in every occasion either growing or losing

[Wipangga]

for beginners if you invest in bitcoin by trading on alt, you should know about risks in investing and trading, I think you can know about your risks, I am sure that you will more quickly generate more profits in a short time, so you will be more get rich quick. because dibitcoin investment is also a very promising investment in the future.

[luutaek250]

For beginners it is very risky, you should search and analyze the things that you're going into. But its natural that sometimes you get into scams if you invest just think and analyze wisely before you invest 

[elygil2022]

You miss 100% of the shots you didn’t take. The risks are a bit higher because regulations are not in place yet. No one to turn to if you get scammed. Google and bitcointalk.org are your BFFs in cryptocurrency.

[Arlette Foxsparkle]

For begginer like me it is very risky for me since I don't have more knowledge in cryptos. And besides of that it is risky because I don't know if how to manage and to control my emotions and also my decision. However i think it is good because we know that engaging in cryptocurrency is have an advantage in this iur new era.

[zhangcaisbsbn55]

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

It is with high risk for the beginners to invest in the coins and it is also many different kind of risk here. The good way to low the risk is to invest in the main coins such as eth and btc In the same time., they can learn something about the market.