How risky to invest in cryptocurrency?

[leoliln45]

It is risky as the price fluctuates and the market is very unpredictable. But the newcomers will face the risk more as they have less knowledge on it. The expert ones are experienced and knows a lot. So, risk is not a factor for them.

[shampapk1988]

The more it is risky, the more you can earn from it. Crypto currency is basically used for long term investment. You need to have patience to work with it.

[Encelad]

Of course, you should thoroughly study how to properly invest in cryptocurrencies. First you need to choose which projects you want to invest in. What is the purpose of these projects, what is their future (see whitepaper and roadmap). Next, you need to familiarize yourself with the types of purses. Taкжe нaйдитe пpиeмлeмый cпocoб ввoдa и cнятия cpeдcтв.

[JCO05]

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

The only risk is due to the market volatility. The sudden and unexpected changes from time to time on the marjet value of most cryptos, is what worries the investors. The changes may lead to profit and sometimes, loss. Patience is the solution to this problem because holding is more likely to yield into profit.

[Open4lies]

With the beginner investing in the market, there is a lot of risks if you do not have the knowledge about the market, exchange rates and how to invest. Often, the beginner or buddies of their friends spend in cryptos without understanding what crypto is. So if you want to invest, you need to have full knowledge, avoid the panic sell when the market price goes down.

[chocopapaya]

I would say, that cryptocurrency is INCREDIBLY risky.

Just take a quick look at how the prices have fluctuated over the past year.
It is not as easy as just buy and hodl and profit.
If you trace the value of the crypto market, you will see that it is incredibly easy to lose the value of your investments.

On top of that, crypto is in its early stages so there is little regulation or institutional money in it.
So the market conditions can change very drastically once the market matures.

I would say, that in order to be successful at investing in crypto, you would have to do an enormous amount of research to make lots of money.
This includes research on the actual technology itself, market economics, and also any individual company you plan on investing in.

Don't let all the stories of millionares fool you, crypto is a place where more have lost than won.

[Gdra467]

Cryptotcurrencies become risky when you don't have enough patience to wait. Some times cryptos could be risky because we don't read enough before joining certain projects. There are better goodies in crypto than there are risks.

[Blessed J]

Crypto investments can only be risky if you don't do your research well. You can make much profits from your investments only if you are determined enough and ready to do a lot of research and reading. Also, you need much patience to keep winning in crypto.

[hulla]

The risk for crypto currency beginners is loosing the money invested which lead to depress or seeing cryptocurrency as enemy or bad investment and the risk factors are buying or investing at the wrong time and investing into a shitcoin or ICO which barely have the utility to survive the market.
The precautions are don't be greedy, make research or ask question about the particular coin or ICO you wanted to invest in and always put in the amount you can afford to loose which is the reason why I said don't be greedy earlier.

[rosezionjohn]

I do not know if there is a risk meter for investing in cryptocurrencies. Let's just say that the less you know, the higher the risk involve. The best way to reduce that is of course to read more.

[Alex09012004]

Crypto is very volatile, so the main rule is not to invest everything you have. I prefer to invest only the money that i can afford to lose.

[a4techer]

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

For the beginners yes to much risky to invest in cryptocurrency  because if you really didn't understand the world of cryptocurrency you giving doubts to your self because there is no assurance that you can earn because of the fluctuations of value and one more thing that being risky in cryptocurrency that scammers was also here if you didn't know how to identity scammers so possible that you become a victim so i suggest that gain more knowledege, try to search, read some blogs to get more idea in term of risky in cryptocurrency.

[HatDen]

It's a big risk especially if you don't believe in crypto, so you just can't be here anymore.

[hastang]

there is a risk even you are veteran on trading but it more high percentage on newbie because they are not yet familiar with the market trend. this may lead sometimes to panic selling... the only thing i can advise before entering the market is to make your own research. watching videos and reading blogs can greatly enchance your knowledge in cryptocurrency...
bitcointalk is the most knowledgable community regarding cryptocurrency by simply reading threads on this forum could highly increase your learning as a begging to this kind of system.

[freedoom]

Risks are large, many people lost money in the crypto currency
In this topic, as in business, only you are responsible for your money, this must be understood

[anthinguy21]

If you are a newbie, invest in the cryptocurrency market. I will discourage you because if you do not know, you will surely lose a lot when investing. So you need basic knowledge about crypto, exchange rate fluctuations as well as understanding the principles of market operation. And if you invest then invest in BTC and ETH then hold for long-term.

[martin1221]

Its so very risky mate to invest in cryptocurrencies because we are putting our money into it and sacrifice and take a risk if that project will be successful or not. But we can take some precautions on it by doing our own research of that project has a future and will be successful or not mate.

[itoyitoy123]

if your a beginner and dont know whats the risk in investing in the crypto currency maybe you just need first to explore and do some research before doing that because its a big risk in your money and maybe you will disappoint if you'll lose in that, so before investing make sure to know the projects that you will invest and the coins you'll gonna buy know the potential on it.

[almanPeter]

Pretty risky if you are an average investor, there are just so many things you have to know and look after.

What is less risky but profitable over time is Token sales. I am personally planning to invest in one project called Socratus.
They have a great idea that is really logical and will definitely make this project big, check them out

[fiorilia]

invest in crypto for beginners as well as long is actually the same. only possible experiences that differentiate. the key thing, of course, is the investment of science and learning. If you have a good stock of course in investing will also feel easy. the risk of the most severe possible fluctuations but if the length will be getting used to it.