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Author Topic: How risky to invest in cryptocurrency?  (Read 3008 times)
bitcoinmasterlord
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June 20, 2018, 02:39:31 PM
 #201

Very risky, it's not like investing in stocks where you're investing in a company with years/decades of history. Most of crypto investment is based on what may happen in the future.
Yes stock investment is different it depends on company performance and if we invest in the beginning a long term definitely it gives us a good profit. like this we can't trust cryptocurrency.

Surely, the newbie risks more than a professional trader and investor. meanwhile, I am sure that even those people that have the greatest skills in dealing with the cryptocurrencies know that they risk.
Crypto investment is not easy for newbies because it will not understand easily, people can invest in shitcoins and lose money. even the professionals also not make 100% profit in trading its right.
FlexBrah
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June 20, 2018, 04:32:26 PM
 #202

The main risks in the crypto currency market are high volatility and storage of assets. I would advise you to devote enough time to safe storage of crypto currency.
newgal2017
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June 20, 2018, 04:40:46 PM
 #203

It's not requisite to risk your possessions to have large investments in cryptocurrency. You can just start with a small investment and then wait for it to grow. Allow yourself to be free from losing properties and your investments come to nothing by refraining yourself from being impulsive. The behavior of cryptocurrency market is unpredictable; one moment its reaching the top, then kissing the bottom one day. It's not a bad thing to let yourself make large investments but not to the extent of risking what you have would not only affect your life but also the life of others, like your family.

It is indeed very risky decision to invest in cryptocurrency. In making an investment it is not necessary to risk all of your possessions but, to take a portion of it to make profit, to let it grow. Seek the knowledge that you will need and make a strategic plan that will help you reach your objectives. We all should assumed that the fact that cryptocurrency is under this digital world, which can grow in an instant, it can also fall and vanish promptly. You should risk what you are willing to lose.
easydrawrex
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June 20, 2018, 04:42:52 PM
 #204

Any investment can be risky if you are not being careful and mindful in your decisions. You have to think wisely before deciding whether you should buy now or sell now. You have to be able to cope up with the stress and pressure just for your investment to survive.
chandrarahmadewa
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June 20, 2018, 05:14:25 PM
 #205

How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?
I think this is very broad in its meaning to discuss the investment of cryptocurrency. To learn to be an investor, I recommend buying an existing coin in the market, and you have to determine which cryptocurrency market to choose based on:
1. The International markets such as Binance, Kraken, Bittrex, HitBTC, and others
2. The local market depends on your domicile, as it facilitates in your language and currency exchange
Benarand
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June 20, 2018, 05:19:29 PM
 #206

Since the market is unstable and it is not clear what is happening now with the crypto currency, then when investing there are risks, how to lose everything, and multiply your investments. And even more so a beginner is very easy to deceive.
Kemileye
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June 20, 2018, 05:21:04 PM
 #207

The risk in cryptocurrency is that you can lose all your money in crypto investment. It doesn't matter if you are a newbie or an expert its possible to lose your money in crypto. The only precaution is that you should try demo trading on exchanges before you invest your money.

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Golftech
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June 20, 2018, 05:43:38 PM
 #208

The risk in cryptocurrency is that you can lose all your money in crypto investment. It doesn't matter if you are a newbie or an expert its possible to lose your money in crypto. The only precaution is that you should try demo trading on exchanges before you invest your money.
Depend on what project to support, if you are holding quality project then you can hold it for some time and wait till the value bounce back, that's why its really important to learn with different coins and what is the target venue of that said project, business proposal and how things are progressing, value your money and keep yourself away from scam coins.
startorr
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June 20, 2018, 05:51:54 PM
 #209

The risk is you can lost all of your investment. But it is rarely getting loss everything, maybe 3 or 5 times from all of your investment. Of you want to invest because you're new in crypto, better to choose the right coin like bitcoin or ethereum. These good for you, and you can learn little by little next in trading activity.
Bay_Harbour_Butcher
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June 20, 2018, 06:44:10 PM
 #210

actually all types of investments have risks, it's just the level of risk is different, but I do agree if the investment in crypto can be said to have a high level of risk, but this depends on individual strategies of each

Et Hereum
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June 20, 2018, 07:42:59 PM
 #211

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.
toygama
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June 21, 2018, 09:55:09 AM
 #212

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.

As a beginners we must be observant and creative in things we want to join and have less knowledge about it, but risk is part of success as long as we learned from our mistakes and ready to bounce back and willing to fulfill our goals and objectives in crypto world.
lena1
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June 21, 2018, 10:02:49 AM
 #213

On how much it is risky absolutely depends on you and what choice you will make, but in order to make the choice closest to the right one you need to study more detailed projects or coins in which you want to invest!
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June 21, 2018, 10:09:24 AM
 #214

Of course, this is risky.  Especially if your knowledge is a beginner.  A small investment in the beginning to understand the technology.  Reading and developing is very important.

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gizmodo1987
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June 21, 2018, 10:18:30 AM
 #215

Any investment is risky not just in crypto space. The disadvantage in crypto investment is that it's volatility, the price is very unpredictable and can be controlled by what we called as whales. Those whales will manipulate the market like spreading FUD. The risk is with you if will not play their game. Those who fails are those who sold when they hear FYD.
Deathgamer
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June 21, 2018, 10:21:43 AM
 #216

Well some people say that it is very risky because of its volatile value,However for me I think bitcoin is not really risky because I really find it very profitable compare to investing in bank.So much better to invest only what you can afford to lose.
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June 21, 2018, 10:22:25 AM
 #217

The biggest risk that I can think of a bigger will take when investing in Cryptocurrency is the lack of knowledge. We all know that, as a beginner, we tend to think that we can always earn a huge profit by investing. Without even checking the market status. That's why, the precaution that a beginner should do is to thoroughly research Cryptocurrency and its status.
PIMPdev
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June 21, 2018, 11:09:19 AM
 #218

 in the beginning I think it is only the money that you can risk, so you can lose all your money as for investments, and as for bounty,  if you would do some prohibited things you can risk your accounts

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CodyAlfaridzi
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June 21, 2018, 11:16:18 AM
 #219

How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?
Very risky. You have to realize that even the first and biggest cryptocurrency, Bitcoin, is very volatile. Bitcoin is still able to make the $1000 daily candle. That's extremely volatile and risky.

Altcoins posses more risk than Bitcoin. Most of these coins are basically just speculation game for most people. If you're looking to invest in the technology instead of speculating, be careful on what coin you choose. Do you research thoroughly and don't fall for the hype.
Sir Cross
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June 21, 2018, 11:20:51 AM
 #220

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 with this. Newbies could face a lot of risk factors especially in investing. Beginners should be able to research as much as possible on the coin they are eyeing to invest on. Additionally, they must also be able to know how investing works, to know the right time to invest and to decide on whether they would do short-term or long-term holding. Joining in forums such a this would be a big help to gain information regarding investing in cryptocurrencies.

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