How risky to invest in cryptocurrency?

[Kayuslawal]

Everything in our life is risk, so wont be surprised when they said Crypto its risk, all we should know is to invest our spare money that can be afforded to loose.

[budi12]

it is risky, even to the absolute loss if it does not understand how the basic governance system should be studied and understood first, especially in terms of trading.
must first be understood is what type of coin used to hold or invest in it, then note the level of price movements, secure position you must choose one of the top ten coins to invest in order to avoid the absolute loss when the price decline.

[mellorbo]

It is 100% risky because sometimes there are projects that puts fake information and sometimes its a scam. crypto is shady sometimes so it's very dangerous if you didnt have a research about the project.

[Adebits]

Cryptocurrencies are highly volatile and speculative assets. As with gambling, investors wanting to buy them should invest only what they can afford to lose. There are currently hundreds of different cryptocurrencies. In 10 years, many of them probably won’t be around anymore. It’s hard to predict which have long-term, mainstream potential.

[real eyes realize]

I think the most characteristic feature of the cryptocurrencies is, volatility. If you can understand that these currencies are volatile and they can give you big profit or big loss, I think you can reduce the risks of making investment in cryptocurrencies.

[Valentina N]

hello author! Hi all! To be total clear it is super high risky but in most cases such answers don't stop nobody! So please just be careful, don't sell your kidneys, house. Please no any debts! Just be wise and good luck to all investors!

[putrii]

cryptocurrency and whatever you do all have risks, it depends on how you are facing risk, if you dare to face the risk then you can get a lot of profit.

[Virtuxq]

risks in investing in cryptocurrency are large. and no one will say you will lose money or get profit.

[HandsomePeople]

It's very risky for people that don't have enough skill and experience, I recommend beginner to buy top coins and market when price crash and sell them when when market recover then wait for next crash.

[verziagra]

the biggest risk for beginners is losses. it is very natural to gain experience in the crypto trade. I had a loss and I learned it for my future in the world of crypto.

[avatar54321]

There are lots of risk in crypto currencies. But you need to believe if you want to have more profit. The more the profit. The larger the risk.
Just go in the flow and make things easier.

[gioangelofelix]

If you are an inexperienced investor in cryptocurrencies, then you will be very risky because the investment will certainly be a loss. To invest in cryptocurrency, you need to have a lot of trade experience. I have seen in this market a lot of people, although experienced still lose money when investing in cryptos so if the newbie should not invest.

[gioangelofelix]

Cryptocurrency is not yet approved by government in every country, some of them yes but it's still in early stage so playing your money in crypto without experience is so risky. You may lose your money instantaneously if you don't play it right.

[Barbarian]

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

 Yes there is a risk element in crypto investments however you have to reduce the risk by diversifying your crypto investment into different ICOs projects portforlio. Also you need to carry out proper research before parting your mazuma into investments.

I can say its very risky, if you do not understand the project, don't put your investments, because even the professional trader also loosing their investments sometimes in crypto. So its better you have the full knowledge before you enter into it.

This is a very sensible advice but it is not one that many people follow, most people invest in an ico because they saw a review somewhere or because someone recommended that coin to them, so they do not have any knowledge about the coin and as you may guess that most of the time will create negative results.

[piscook]

in my opinion, if There is always a risk of cryptocurrency and no you can not undo it in any way. Just like how you invest in the stock market with the exception of the decentralized system. For security, be careful and vigilant. It may happen that you do not have time to lose them in the stock, just like before you had it then stolen.

[Crypto87]

There are always risks. You can comp at the bottom. But who does not take risks, he does not drink champagne

[JunMel]

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

It is risky for a beginner to invest in cryptocurrency because the price of crypto is volatile means it will go up or down without prior notice. So the best way for a beginner to invest is to invest to major coin like bitcoin and ethereum, then if you have more knowledge and experience go try your luck in investing to ICO.

Investment involve money always have risk. In cryptocurrency is even more risky specially if you are new to crypto. Because this online business its prone to scammer and worst thing is very difficult to arrest this guys their like ghost you don't know who and where this people are. So before investing make thorough research and ask advise from your friend or family that who knows crypto more than you.

[xcxcxxz52]

I don't think there is any risk in the cryptocurrency. First of all, I have to have a good attitude. Secondly, I can have confidence in the currency I invest in. Even if it falls, I won't be nervous. I will only sell it when it rises. So I feel that there is no risk.

[Maknae09]

the risk is that you can lose all of your money as there are so many scammers and shitcoins. the preacuations are that you can start trading with a virtual money for some weeks and than invest the real money just for experience.

For me the only risk that you encounter is to lose all of your altcoin.but for my own opinion you must search for that matter.

[logan99]

Investment in cryptocurrency is always risky. If you see the history of bitcoin price fluctuations, you will see that it has gone up 100% and retraced more than 70% of the rise. For me, it is always following one simple rule: Invest only the money that you are ready to lose. I also followed the Beginner's investment guides on the web to know if I am doing things correctly or not. One of my favorite guides includes is this one. I also suggest reading You story guide. Both are excellent guides/