How risky to invest in cryptocurrency?

[Dodongbtc111]

Risk is somehow a twin of investment.  There will be unexpected failures due to scammers but the more we have ideas in the long run, the more we learn how and when to invest appropriately. So understand cryptocurrecny first before you invest.

[liivii]

Yes it's risky to invest here in crypto market if you're new but it lessen by knowledge and experience. For me crypto is easy to understand and adopt if you really have passion and perseverance to become a successful trader someday, but if you're just here because you are greedy with money and doesn't want to do hard work to earn profit then surely the result will be loss. So if I were you come think by yourself if you really like crypto and will do anything just to learn it.

[artemdubina88]

In the long term, I believe that investing in cryptocurrencies is very profitable but in fact the investment is always a risk !

[enwi]

investing in crypto currencies is a great risk especially for beginners who do not know about crypto currency investments correctly, investing can make you rich but also can make you lose your money and become poor if you are wrong in making decisions

[Awan Awan]

A beginner should not rush to invest in cryptocurrency at all. You have to learn a lot and do many researches on many possible ways to preserve your capital and not lose much. The market will always be there for you whenever you are ready to start trading. Also you must not see it as a get rich quick scheme.

Beginner is not enough to know what should to know before investing so decide not to invest first is more wise rather than greedy to make money but ending with loss. Risk is always here so dont throw your power to reserch zero risk. Risk must be taken but its not more than the reward ratio.

[bitbitP]

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

There is always some degree of risk involved. however the greater the risk, the greater the expected return. from a personal experience, i believe that it is 'wise' to look into an ICO's whitepaper, to check their social media channels, their vision and then to make the decision to either invest or not.

[aviven]

Just as risky as anything you might invest in. I see no point in that question actually? you can't win without a risk

[kakaword]

It is always risky to get wealth. Want to minimize the risk I think you can choose to invest in some excellent cryptocurrency for a long time, I think Ethereum will be a very good choice.

[qwertyup23]

It is risky when you invest your last savings, and it is even worse if you get credit to invest. It could be very tricky and you can loose everything. Otherwise it is ok if you loose a little, and it could be better when you gain a lot. Every person should understand this

Generally, before you invest your resources, you might want to consider that as the money that you are willing to risk and lose in the event that the market prices decrease. Considering that cryptocurrencies have no government regulation, country/state prohibitions throughout the world, and a volatile price, cryptocurrencies are definitely risky compared to other investment alternatives.
Although the risks are high, there are ways in order to mitigate such circumstances by a variety of methods such as by studying the market supply and demand, knowing which ICO to invest, diversifying your investments by allocating them into multiple investment tools, etc.

Personally, I consider cryptocurrencies as investment tools either for short or long-term (mostly for short) since I take advantage of its high-volatility as an opportunity to sell my coins on a price higher from what I initially acquired them- thus making my investments sound and profitable.

[EzatorFI]

It's risky when you do not know what to do. When I decided to try trading I lost 80% of my deposit, so it's better to learn first, and then risk your money

[andieoke]

Investing in Cryptocurrency is very risky, this is because the price of coins that are very fluctuating kriptocurrency, can rise and fall very high in a very fast time. so before we invest in Cryptocurrency, we should know all that. and to overcome this problem, we have to prepare our mental, before we go into Cryptocurrency field, we must be ready to lose our money, and we should not be crazy because of it. investing Cryptocurrency is at high risk, but also can provide a very high chance of success as well.

[De_nis]

Determine the time for monitoring the market, I think at least 3 months, during this time you can imagine how to act on the crypto market and not go bankrupt.

[Nikolya]

Investing in the crypto currency is a lot more risky than in any other asset. This is due to the high volatility of this market segment.

[jiop111]

The risk is very big, let me give you an example. If you invest in a shitcoin for $1,000, you might lose $1. Because there is no policy binding cryptocurrency.

[BlackBoxRecords]

You should start with just little money to make uncostly mistakes and then progress to better thought and more sensible investments with more money.

[saqwe]

It is very risky for a beginner especially those who do not have a foundation knowledge of what crypt is about and how to go about choosing a coin or project to invest in or even bounty to participate in. The best thing to be done is to do a very good research of what crypto is about, read about coin and how to invest and hold to make profit, read about bounties and have an understanding of what they have to offer before you invest or participate in any of them. After reading, you can then invest to have a first time experience, though you might make mistake but you will learn from it and participate more in the bitcointalk forum to learn more about crypto as points will be raised and different suggestions will be given.

[anahata]

Before going all in, take baby steps, and learn from your mistakes. It's not easy to survive in crypto world, without research and due diligence. Too many wrong projects coming up every day, and getting shilled on all those telegram channels.

[MRY]

investing in crypto has a high risk and as a beginner you have to find the right information about the investment so you can avoid the loss, and the worst risk in investing is you lose your money

[tamango]

Crytpocurrency market is one of riskier market with a very high volatility and it's very unpredictable because it's very small compared to traditional markets.

For newbies my advice is to invest just a little piece of your capital before regret.

[bitcame]

to my knowledge, cryptocurrency is an investment asset different from other assets. cryptocurrency has a greater risk with the movement of their value in the market. if another asset is more stable, cryptocurrency has a constantly changing value at all times. This is a big risk for investors, but if it can hold it, big profits will be earned in the future.