How risky to invest in cryptocurrency?

[Jimmymoriarty]

For someone who has no idea about crypto currencies, it would be really tough to decide which coin to invest in and how risky it will be. Some research is a must before taking any decisions. Usually, investing in coins like Bitcoin will be less risky as they are top notch coins and it will be worth it for sure. But once you are a part of the crypto world, it will give you profit after a period of time for sure. So yes it's slightly risky but it's worth it.

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[papasmurph]

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

Any new venture for someone is risky if he is not well prepared for him. To do this you need a lot of knowledge in advance, and for example a small amount of experiential investment that will not be a problem if you lose. This will give you experience. 

[Svarora]

Every financial investment is risky and crypto is also not an exception  but it provide good return also if you invest wisely. So invest wisely

[Cryppy_guyL]

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

When you decide to invest your money in cryptocurrency, you are very much at risk, but there is a great chance of winning, so many risk. To reduce risks,before investing you need to study the project or coin.

[iram1011]

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

Investment in any asset is subject to risks. Cryptocurrencies are decentralized investment asset with high volatility and not much regulation. hence, are the riskiest investment asset. I would suggest people to go for Fundamental and Technical analysis before starting with crypto trading with more stress on Technical analysis. People are here doing swing trading which can get a newbie rekt if didn't trade according to market and price swings.

This market is highly manipulated by exchanges and whales because of the less volume and circulation. So, unless you believe in your trading skills, better to learn trading before putting in real money. This high volatility and unpredictable market trends aren't healthy to trade if you know nothing about how market works and what are the technical indicators that drives the price.

[loyseu]

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

Being not prepared is already a risky part of investing especially if you don't know if the thing that you're going to invest with is reliable or not. Better to search something about investing before you actually do it. Its a real money not just anything that can be easily earned.

[boyjack]

Let me tell you the truth ,crypto currency investment is very risky in one side but in other side you can earn good investment return from crypto currency, If you invest in shares or banks you will not get fast return on investment, but in crypto currency you can make 10x in you your investment money within some month, example bitcoin the price was $500 in 2016 but after 1 year the price reached upto $20k same like ethereum ripple etc...

[LesterD]

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

it is very risky, a beginner must not invest much capital in crypto, because he can lose it anytime. investing is very risky even for the traders itself. so it is so much risk for beginners.

[Usafstar]

Crypto currencies are risky and if we look at the currency nature the profit is also high it is volatile form that's why the market value is not stable some time a panic situation is happen so people sale coin and if we invest with patience and mind set then the risk is diversified.

[panganib999]

It does not reslly matter how risky bitcoin wag going to be if we are willing to take that risk for us to earn in the future.  Because great things are yet to come for those who are willing to hold up the opportunity and do whatever it takes to be successful.

[ryan992]

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

For the Beginner, invest in crypto ist really high risk, because you still have little information about crypto world, i think for beginner you must particepate in bounty campaign, from there  you can little by little understand crypto world

[Larrymili]

The risk is very high, imagine investing into a good that don't have company, imagine buying a goods you don't know whether it will die the day you invest or ten years after, think of something that don't have government regulation. So if you are investing, you have to make a research very well so that you will not fall into the hands of fraud.

[spartanec1]

Any investing is risk especially if you do not know what your doing

how to avoid this and not run the risk??

[Valentina N]

Hello all! On my opinion it's not much more risky if we will to compare it with fiat! It's only my opinion I have no any idea what think other people!

[waorana]

The cryptocurrency market can be very profitable, but has a high degree of risk, because it is an unregulated market, and is easily manipulated by speculators of various types. To try to have profits in this sector you need to invest in the medium-long term in the major cryptocurrencies with the best projects, as well as having a good dose of luck

[fiderr95]

From my point of view, newcomers invest in crypto currency only in bitcoin or ethereum. You can also perform company bounties and get coins from there. Over time, you can try to invest in new projects when there is enough experience.

[quang99]

Any investing is risk especially if you do not know what your doing

how to avoid this and not run the risk??

Risks can not be avoided. You can only gain experience, read more on the topics of crypto currency and study all kinds of information sources, such as telegram channels, medium, twitter, YouTube.

[JENREM]

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

There are many risks that can happen in cryptocurrency, but the biggest risk I think is bankruptcy that can happen suddenly.

Factors that can cause it are: Moving prices are very fluktuatif cryptocurrency, hacker attacks, personal carelessness in transactions, and scam projects.

Yes very true, with that it would be a bigger problem that anyboy would experience in quite sometime now. So it is very important that before you enter crypto currency you have to make sure that you are open-minded in that kind of situation.

[childish]

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

For beginners, it is risky because they still have little knowledge about the reliable websites and campaigns to join to. They are highly at risk when it comes to scammers. Also if they don't know the analysis of the values, they might end up investing at a bad time. The least they can do is to ask the ones who already joined in crypto and have already a long time experience. Also, search as much as possible about crypto related topics like how the system works and how to see if the websites you join to is reliable and trustworthy.

when the market declines, there are market conditions that pose varying risks. if for the fall in the deep enough to make the level of risk high enough. so it will be very risky when the market is experiencing such a high decline. so it is crucial to maintaining market conditions in order not to pose a risk.

[honghe99]

It depends on where you choose. If ICO, it must be risky. If you buy coins directly. So the risk of mainstream coins is relatively small. Especially when it's cheap. It is worth buying.