How risky to invest in cryptocurrency?

[vallytech]

Crypto currency is so volatile and there are risky in the crypto space and the precaution any one can take is to invest what you are willing and afford to lose, don't invest your whole money into crypto currency, also before you invest do your own research.

[dagelan]

the risk that may arise is the price is very volatile and still very vulnerable to hacker attacks, it is very disturbing and make the market worse with the issue

[Kartika1]

well, you're not gonna get anything without risk, because high risk equal big profits. so probably you should'nt use your savings or useable money in crypto. just use your extra money

[team87]

naturally in investment there must be a risk. maybe crypto is an example of one of them.
  if we dare to take a decision (invest), of course must be ready with whatever happens. between profit and loss. remain vigilant and cautious in making decisions. do not be too ambitious. it's better to walk slowly but surely. rather than having to run and eventually fall in the middle of the road. be patient the key to success.

[acaciosc]

It is always risky to invest in cryptocurrency, but if you choose the right time and diversify your investments into several reliable digital assets, you will multiply your money. And if you are a beginner, I would strongly recommend you to learn everything about exchanges/fees/coins and all the stuff first.

[danice15]

For beginners, investing in cryptocurrency is really in a high risk.To be honest not only for newbies.Even pioneers or tenured in crypto world get scammed.Thats why you should be carefull in investing at crypto.Make sure that the project is legit.Ask some advice to some folks that have a lot of experience.

[tamango]

I think that before investing it's better to acquire a good knowledge of what you are doing... better do not have FOMO and then regret what you have done.

[mustafayigittt]

There is also risk in the exchange of cryptographic currencies as it is in all local stock exchanges. Perhaps the risk rate may be higher because it is not legal and the stock market is very active.

[simak84]

It is risky. And not only for beginners, but for those who have been in this field for a long time. It is like a game on the stock exchange. You do not know which company and its shares will be more profitable.
Of course, analysis helps in many ways, but there are situations when the analysis turns out to be useless. In other words, the risks are very high. Sincerely yours.

[joseherrera04]

I would say it is risky if you invest money that you need to eat or to maintain yourself, only invest your spared money, the crypto market by itself isn't risky, it is volatile instead, only that people see it as risky because of the decisions they make.

[Umuoji]

Just like every other business,investments are generally risky and cryptocurrency are not an exception . My advise is that you should invest wisely ,watch the market closely then you won't regret it

[kinki32]

If you invest in more stable currencies than others like bitcoin then it's a better way for beginners. Bitcoin, Ethereum have own usability from users and it's for sure more safe than others instruments of investment.

[Abigail Asi]

Just like any other business and investment, cryptocurrencies are very risky. Talking about its volatility nature, you can't predict cryptocurrency like the other businesses.

[solnechno]

In order to engage in trade, investment, or bounty need knowledge and experience. Do not invest all your savings without these two components

[Electrified]

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

For me, in every investment the risk is always there but if you have enough knowledge and understanding of what you are doing like in this cryptocurrency world which characterize by its highly volatile, you need to be more conciuos and aware of its it market movement. Patience and persistence will have to practice and also be updated on the real situation and be responsible on your decision.

[pendong101]

There's a risk on gaining something you are at risk to lose all or lose half of your money and there's many scammer and garbage coin too. So you need to accept the risk and learn more and get some experience                                                         

[Tiklohor]

investing in cryptocurrency is risky, but there are also great prospects to get a good profit.

[mummybtc]

DOn't let anyone decieve you it is very risky, the fundamentals here is very different from the normal traditional asset but what get me worried here is that  most people are only concerned about the profit but fail to sit down to study the space and later loss alot of money because of their ignorance and greed

[lolxxxx]

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

It totally risks unless the luck is in the favor If it is not then I can imagine he can lost all of his money in moments.
He should first learn about it.
He should follow some good members here who know well about cryptology.
He should not invest all of his money at once.
He should divide his investment into different groups.
He should save some money for recovery.

[Betheng]

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

It’s very risky for a newbie to invest in cyrptocurrency, because you don’t have enough knowledge on how to do it. How to choose a perfect coin to invest in. Crytocurrency market is different from a regular investment market. You need to do your own research on which coin or project you’re going to invest in. It’s also possible high risk in investing in ICO because you can’t predict if it will be successful after the launching of the product. If you invest directly in trading you need to look for a perfect coin to you. That you think will go up. The advice I will give you is you do your own reasearch, study the fundamentals of the trading community of crypto currency before investing.