How risky to invest in cryptocurrency?

[marcripto]

Investing in the cryptocurrency market is very risky, not just for beginners, because it is a very volatile and easily "manipulable" market. With a bit of general preparation, diversifying its investments on several quality cryptocurrencies, and a bit of luck, you can still get good earnings in the medium to long term

[Rlyn]

It is too risky for beginners to invest in cryptocurrency because it needs knowledge and strategy on how you can earn and get profit with it. You need to do a lot of research and a guidance from an expert to make sure that you will gain

[0Shendy0]

Now, when 95% of the ICOs is a real scam, it's hard to find something trustworthy and it's always very risky even though this is a decent project, cause they can lost to their more successful competitors. But I would recommend to pay attention to these factors: they should have a good Whitepaper, read it scrupulously, cause some ICO just steal somebody's else Whitepaper and just change the name of the project. They have to have MVP on their website, cause lots of projects like to write how cool they are, but don't have anything except these pompous words. Their employees should have profiles on Linkedin, for example, cause scammers are afraid of revealing their personality and often they whether don't have any profiles of steal somebody's photos. I was written by one scammer who had a woman's photo and man's name Grin Grin Check their groups on the different social networks, they should be active and not filled with bots and fakes. I would recommend you to pay your attention to Cryptics - forecasting platform which does use 100% AI. Their project does satisfy with all these requirements.

[Euroda]

Well it is very risky especially when you know a little thing about it and also it is better to gain a lot of information to before you go invest on the crypto currency because doing so might be bad for you and also regret it afterwards

[BogdanGFTP]

I think that investing in cryptocurrency now is the most risky with comparison with any other commodity. The market is truly unpredictable and really unstable.

[Flar3NuoX]

It's always risky, because the market is really volatile. You might make a good profit in no time, but you might also lose a lot in no time. The good thing about crypto is, that it never complete loses it's value - it's not like betting where you might lose all your money. If you invest in one of the big coins that is low right now (e.g. NEO), you might make a good profit soon, or at least not lose too much in the near future.

[Sir Cross]

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.

I agree to this. It is really important to learn more about the basics of cryptocurrency before investing in it. There are also a lot of people who abuse their power and scam people. That is why it is VERY important to also read and learn about the certain coin/token you will be investing in. This will also help you to determine if the coin has a potential to grow its value and if you can earn profit from it.

[goku1525]

I think that investing in cryptocurrency now is the most risky with comparison with any other commodity. The market is truly unpredictable and really unstable.

It's too much risky in cryptocurrency due to the unstable market prices and the changes from time to time, but in this matter eventhough it's too risky as long as we face and having courage it's all worth to invest because the returned of profit is much higher .

[sadortelk]

If you invest in a new project which recently came on the market then you are very much risking their own money. If you invest in popular coins of the top 10 you have almost no risk. But you have to invest for the long term

[Gerandoong]

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

in my mind, For someone who does not know about cryptocurrency, it can be very difficult to decide which coins to invest and how the risks are. Some research is a must before making a decision. There are many risks that can occur in cryptocurrency, but the biggest risk I think of is that bankruptcies can happen suddenly.

[Jansaa]

You can make money or experience joining Crypto, and make a profit to become rich. You need a lot of investment, the ability to judge market trends and a little luck!

[Hinugh]

There is always a risk to gain something.Crypto is also like that. To earn in crypto you always have to take a massive risk. Without it you cannot achieve anything.Patient is also important key in this world.

It is super risky to invest in cryptocurrency as the price of each coin is volatile. Especially for begginers, as it is not guarantee the ROI is positive or negative. They might loss all the money they invest or it will tripple but they have to do massive research, study thoroughly  the skills needed in investment.

[krishnaverma]

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.

Yes, it depends on the coin you are investing. For instance, if you investing in coins like BTC or ETH, you are very much safe. But if you choose a new coin, there is more risk. Later approach also comes with chance for higher reward but I advise against it till you gain experience.

Some other factors also affect the risk involved like the current market condition. If you investing in very volatile market, you will have to wait longer.

[Btcaivah1]

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

Investing cryptocurrecny is truly a high risk  investment. This risk is due to the high volatility rate of cryptocurrency which is the price change is unpredictable. In this factor alone cryptocurrency does belong to the high risk investment but has a high return rate.

[jusertvaz]

Investment is always a risk. Investitii in cryptocurrency is a double risk because the market is unstable and prices change every minute. If you want to invest your money for a long time then the risk decreases because in the long term coins will rise in price

[Saisher]

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

There are a lot of risks involve but knowledge and criteria for finding the right ICO to invest is a big must, that is one of the risks, another one is following the development of your coin and knowing when to buy and sell, it's always been buying low and selling high.

[Alenas2018]

For me nobody truly knows how this new technological application will develop. It could be that cryptocurrency is the future of money, destined to replace national fiat currencies partially or even wholly, as outlined in the previous section. If this happens, the value of fiat currencies will continue to fall against the more popular cryptocurrencies, which will become excellent investments. On the other hand, will powerful national governments accept a total loss of control over the money supply, or will they move to restrict or even ban the operation of cryptocurrencies as a means of exchange? If this comes to pass, then cryptocurrencies might be little more than a passing fad, with 2017’s new high prices representing a bursting “bubble”.

[brightology]

Cryptocurrency investment is mostly a long time investment that can take up to two to three months before any exchange can be listed and also take few months to hit the ICO prize before balancing it get balance to profit, therefore all depends the developer, which require how far it goes that determine the level operation, finally cryptocurrency investment undergoes processes during the ICO.

[Chacon994]

Crypto currency is very risky, because crypto-currencies are very unpredictable, the volatility of crypto-currency is very often very risky and very dangerous, it is necessary to remember and know this.

This is extremely important, and we need to keep in mind when investing in cryptocurrency. But in the future, cryptocurrency will be stable and will not fluctuate when the government controls the cryptocurrency.

[Vasyan]

There is always a risk. Even if you put money into popular and proven currency you can lose your investment if there is a strong collapse of the market as of this winter. Therefore, very carefully investing in cryptocurrency because to insure your money you will not be able