How risky to invest in cryptocurrency?

[Clairvoyance]

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

One must read to learn more. Thus, it is better for you to learn all the necessary knowledge before investing your money. Cryptocurrency is known for its gains than its losses. The risk is always present and the only precaution you have is the knowledge you've earned from reading.

[retnoanjani]

It is high,very high. I wouldnt suggest you to invest into crypto before you understand the whole market and do decent research about coins you are planning to buy

very good advice, because most people are only tempted by the benefits obtained when the risks are high enough if they do not understand the ecosystem of cryptocurrency. Similar to other investments, let alone cryptocurrency is very volatile, must be calculated correctly using the right analysis, so it can determine the position of buy and sell safely.

[Redredred]

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

Crypto investment is risky. However it has its own calculated risks. One major way to reduce the risks are to developdevelopuch knowledge about the Cryptos, it market and investment. With this your decisions and choices will be well informed.

[fitzzz]

Investing in cryptocurrency is risky if you didn't DYOR (do your own research) and you're just listen to others what they say. I advice you to learn every details in crypto, because your knowledge about crypto will be your friend here.

[kristineirene]

In this kind of industry you need to set your expectation already that investing in Cryptocurrency is always a risk that is why you need to be very carefull for investing gather first information read some details about your investing make sure to invest just a small amount first if its work then goodthing you can earn double on it.

[sussan]

As risky as your investing appetite. The more you invest the more risk it is. However you need to have a plan.
Decide first if you are investing for long term or short term. Although sometimes taking profits along the way and buying back is better, but I still prefer longterm investments

[hoasn12xc88]

For novices, not knowing the changes in this market is the biggest risk. When you invest in a coin, the fluctuation of this market will make you unacceptable, so the first thing a novice needs to do is to familiarize with the market and then slowly accumulate some Investment experience.

[Ronni]

It is very risky especially when you are not that knowledgeable about what are the things involved in crypto currency. Also, it involves money and once you've transferred money you cannot undone it, the risk will always be there. It is better to know first what are the critical points when investing in crypto currency so that you can know what are the do's and donts.

[reality18]

The cryptocurrency market is volatile hence needs a critical study and analysis of the market in order to make strong predictions before you invest your money. The market becomes riskier to the investor who is not ready to learn about the crypto market and the coin with which he intends to invest in.

[Raketa7]

There is always a risk, both for experienced and for beginners, now it is best to invest in BTC and ETH,these coins are the most reliable.

[Qegarma]

A state of crypto at the moment affects a lot of us, especially with the volatility in the markets at the moment. There is a war taking place for our hard earned money. Fiat vs crypto are duelling now, crypto may win.

[NeedIfFindIt]

It is definitely risky  to invest in cryptocurrency because the price of crypto is very  volatile. Changes happen without any notice. And you can lose all you have in a whink of an eye.

[donkey.luacon251]

Large or small is a risk that is in yourself each. The more experience and insight you know, the more proficient you will be in knowing the best programs in the crypto. It will further minimize your risk from a loss or failure. So, for all of you who are beginners, you must be excited about digging knowledge and experience.

[fastestrider]

The risky is actually all up to you because the decision of the investing amount is on you.
You can low it down to low the risk with it.

[FrosyaBulatova]

Beginner to invest in the cryptocurrency must be very careful. Without special training, you are unlikely to get a good profit. For starters it is better to explore the market and pass training courses that they are now very much. There are companies that make up an individual investment portfolio for you. You can start with them, and then join, and be able to invest wisely. The only rule that should be followed: invest as much money as you are not afraid to lose.

[Crypto87]

Pиcк ecть вceгдa. Aльты нyжнo aнaлизиpoвaть. Глaвнoe нe пoпacть нa мoшeнникoв и нe нaкyпить гoвнoкoинoв, тaк кaк c этoгo ничeгo xopoшo нe выйдeт

[odranoel]

Anything in this world is risky without proper procedure, and in cryptocurrency especially to the beginners it is too. But even if you are new and even the old one it can be risky if you have less idea about crypto. So explore and hardwork with patience, risky is vanish it all. Risky becomes easy to the person with ambition.

[Grissham]

investments in cryptocurrency are indeed very risky with a huge line especially for those less understand cryptocurrency.  so my advice to the Novice must learn the ins and outs of many cryptocurrencies.

[Farahtenan]

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

Investing in crypto is very risky. Especially if you are not exactly choosing the coin you want to make as an investment asset. Obviously, if you choose the wrong, you will experience big losses later. So you also have to be careful in buying the coins you want to buy.

[CybereyesWinger]

Please ask yourselves... is the coin I’m investing in secure, fast, scalable, great development team and community? If not... that coin isn’t going anywhere. It’s a pump and dump. Having a small supply raises the price but in reality it will never be a “merchant” coin. Invest in the coin that has the ability to be the coin for commerce. Do your research.. invest in the coin that meets that criteria. Don’t go after the advice of an investor who is sitting on a bag waiting for you to buy up the price before they dump.

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