How risky to invest in cryptocurrency?

[JibadeDotun]

It is risky, all the investments I know are risky. This life is a risk, and it will always be. If you're looking for a safe investment, then don't invest cause there is none. However with the right knowledge and information there are safe ways to invest in crypto. When you know the market very well then it's easier to invest in the right coins. Another key to success in crypto currency trading is that you should not be greedy.

Thank you

[KingElrey]

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

its a full risk when you want to invest in crypto because the market is not as stable what you think. i recommend to join bounties and talk about trading techniques here in forum. before do it you self, and just put a small amount in the market to test yourself and start learning. time will tell you.

[Asgod]

Crypto currencies are just as risky an equally lucrative field for investment. For a beginner, I would recommend starting with bounty programs. So you can only invest your time and not risk money.

[Tinaw]

I think Volatility is part of the trading, so I won't consider it a major risk, I'll just term it high risk / high reward phenomenon .

[hunnykaushal]

If you are beginner then avoid to participate in ICO if you don't have knowledge of crypto market.

Start your trading with small amount and learn things first and then invest your amount.

Once you learn enough then participate in ICO's which are high rated.

[19Nov16]

Investing on cryptocurrency is very much risky. You to take your time and effort and being patience in every fluctuate the market prices. But to avoid regrets on whatever it takes, just invest your asset which you can afford to lost.

Yes true that crypto investment is a high-risk type, I recommend to be wise in putting money on crypto, never put all the money and investing in crypto, make crypto as an additional investment not as a major investment so we do not panic when the price drops.

[micz_bjukanon]

Cryptocurrency is basically used for long term investment. You need to have patience to work with it.
The more it is risky, the more you can earn from it but also loose all.

[John_AAA]

In fact, investing in crypto currency is a big risk, because you do not know what will happen tomorrow, the price of a token can both grow several times and fall, nothing depends on you here

[lusiaga]

Apart from a variety of operational issues, there is a high risk of fraud. Given the many misinformation and obscurity associated with bicoin trading, fraudsters have a great chance to perform their actions through the Ponzi scheme that promises high returns. Therefore, investors are being asked to be cautious if anyone offers unreasonable promises. In addition, in the absence of government control, terrorists and criminals also make use of cryptocurrency for the benefit of their group. Bitcoin users can remain anonymous at the end of the transaction, so cybercriminers have a way to mask their addresses. This makes it difficult for governments and companies to track such illegal activities.

[yurlik1964]

Investing in any asset is always risky. You have to be careful and choose good projects. Sometimes you can invest in ICO, but you must have your own strategy for effectively investing in these projects and choosing them according to your own criteria. This requires experience and you must understand the project and what it does and why it is good

[todayin]

all investments are risky . the same is true for encryption . you'd better invest in the top 30 coins . moreover , you'd better buy them in the bear market . and you better hold them for a year or so . this requires some patience .

[jiya jaena]

the main risk on crypto investment is scam project if you make investment on ICO, if you will invest by holding crypto, i think the problem is only fluctuating price

[spngebob]

all investments are risky . the same is true for encryption . you'd better invest in the top 30 coins . moreover , you'd better buy them in the bear market . and you better hold them for a year or so . this requires some patience .

Yes, all investments are risky, some are less risky some are very risky and investing in crypto market is one of the riskier investment.
I have seen many times alt coins pump and dumping in few minutes and late buyers becoming bag holders. Patience it important but if you buy wrong coin you can wait twenty years and price won't increase.

[kakade]

The risks of investing in crypto will depend on your decision. yeah, the decision will really influence your way in crypto (beneficial or risks). Crypto can make you lose your money only in one day. But, crypto also can make you rich in short time. It is all about your strategy, analysis, and consideration before deciding something in crypto.

[campusnet]

I think the risks are big enough even we can lose all the assets that we invest. But if we could handle the risk, I think it is also a great advantage we can get. be careful in selecting your investment assets, this is more risky than investing in gold or property.

[SavageBrother]

Always be prepared to loose everything you have invested in crypto. That just about how risky I consider crypto at this moment in time and I don't see it changing a lot the next months.

[SugeshTrade]

Personally I think it is very risky if you do not know what you are doing, but if you know what you are doing it can be very beneficial for as you can easily get rich.
For the beginners to invest in crypto currency is very risky to them because they have not enough knowledge

[automatikal]

To start your investment, you should make sure of your knowledge . For it can end all losses .

[Haytim]

There's a lot of scam on the crypto market. So the risk is too much. People are afraid to invest. But you need to do research to find the best ico. See the project's marketcap. Look at the project content.

[vendy86]

invest at crypto have a same or little bit more risk than forex or stock trading.but at least you will not loss all of your money at crypto.you just need patience when your invest going down.dont be itchy with sell in loss.