What are the Real Risks of Crypto?

[Bangjull]

What do you guys think are the real risks of cryptocurrencies and are there any ways of overcoming them? I've attached a good article below that covers a lot of the solutions to what people consider problematic at the moment, and it essentially says most of the risks are down to the user and not the technology (i.e. lack of education). Am interested to hear your opinions.

The interesting article: https://medium.com/@DDhopn/what-are-the-risks-of-buying-crypto-ff1c991a6c83

P.S. I am heavily involved in crypto, just keeping an open mind

I agree, actually the real risk of crypto is not from crypto technology, but from its use. we must understand and learn it. and do not arbitrarily take action. which you intended to benefit from crypto, but instead made you a loss

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[Barbatos]

What do you guys think are the real risks of cryptocurrencies and are there any ways of overcoming them? I've attached a good article below that covers a lot of the solutions to what people consider problematic at the moment, and it essentially says most of the risks are down to the user and not the technology (i.e. lack of education). Am interested to hear your opinions.

The interesting article: https://medium.com/@DDhopn/what-are-the-risks-of-buying-crypto-ff1c991a6c83

P.S. I am heavily involved in crypto, just keeping an open mind

I believe that one of the main risks is also the opportunity to participate in the skam ICO. A lot of them and everyone can get caught. This is a real risk that can overtake absolutely everyone

[BruceJu]

The cryptocurrency risk I learned comes from multiple sources!
1. The cryptocurrency itself (because many teams that create cryptocurrencies are for fraud)
2. Price control (whale / shark)
3. Hackers (let your wallet or exchange lose property)

[elis74]

What do you guys think are the real risks of cryptocurrencies and are there any ways of overcoming them? I've attached a good article below that covers a lot of the solutions to what people consider problematic at the moment, and it essentially says most of the risks are down to the user and not the technology (i.e. lack of education). Am interested to hear your opinions.

The interesting article: https://medium.com/@DDhopn/what-are-the-risks-of-buying-crypto-ff1c991a6c83

P.S. I am heavily involved in crypto, just keeping an open mind

It seems to me that only the threat of hacking and data loss is quite acute. Another reason for some experiences I do not see. The chance that you will lose money is negligible

[Bitknick]

Knowledge is a necessary foundation, but technology is also important for success, as well as its potential development!

[passwordnow]

You see the real risk of crypto now. If you bought bitcoin when it was $6,500.

The price is now $4,500 so that's around $2,000 loss. That's the risk that you are taking if you get in to crypto's.

High risk, high reward and possible high loss.

[kauban2018]

What do you guys think are the real risks of cryptocurrencies and are there any ways of overcoming them? I've attached a good article below that covers a lot of the solutions to what people consider problematic at the moment, and it essentially says most of the risks are down to the user and not the technology (i.e. lack of education). Am interested to hear your opinions.

The interesting article: https://medium.com/@DDhopn/what-are-the-risks-of-buying-crypto-ff1c991a6c83

P.S. I am heavily involved in crypto, just keeping an open mind

One risk is that the market is so fast at making changes. In a blink of an eye, the price drop at astonishing rate.
Scammers are one of the risk and the precaution measure is simple. NEVER TRUST ANYONE.

[kramchers]

The real risk of crypto is holding the token without enough knowledge.
Like what is happening now if you dont have the right knowledge in this fall than you might be in depression now.
but if you are smart and thinking good, you are getting more profit on what is happening now.
real risk is the fall but if you will be good at the fall you will gain more for the future.

[bitok_1979]

I think that many people understand that nothing depends on me and on you, there are those who control all this and we just have to agree with them.

[pedangrusak]

crypto's biggest risk is a decentralized trade where all people in the world gather together and buy and sell without arrangements from the government and other parties and this causes very fast price fluctuations and this is very risky for some new people in the market without being aware of the market change quickly

[Bezobraznike]

crypto's biggest risk is a decentralized trade where all people in the world gather together and buy and sell without arrangements from the government and other parties and this causes very fast price fluctuations and this is very risky for some new people in the market without being aware of the market change quickly

   Decentralization is the advantage that some crypto-currencies have over centralized platforms. I don`t know what kind
of arrangements you are looking for. Remember what Satoshi Nakamoto wrote in his WP, it`s better to trust algorithm than
third-party service.
   I don`t care for this drop, I`m still holding. I`m holding in good and especially in bad times, you need to rethink your
crypto-strategy if you are looking for government permission to do anything in your life.

[catterpillar07]

For all times the biggest risk will be loosing money. Specially for people who think that this market is a gamen and gave money in bank like loans or from friends.

[deep4u]

Actually real risk in crypto is to loose the money which you have invested. It's all depends upon the market price levels or which project you are interested. You can loose or gain amount of money but you have to choose wisely.

[Dwey]

The main risk will continue to be the same regardless of adoption. These surprisingly, are not related to the technology, but mainly about the way the users handle privacy and security issues, which usually means some regulation will need to be implemented. The moment it is regulated, its design premise fails… so it can no longer be open and decentralized.

[EdenHazard]

Actually real risk in crypto is to loose the money which you have invested. It's all depends upon the market price levels or which project you are interested. You can loose or gain amount of money but you have to choose wisely.

Every place of investment will certainly be faced with risk, there is no one place of investment that will always give profit, if then I don't think it is a place of true investment. But someone can reduce the risk that will be faced, for instance he gets a news about the place of investment that will decrease and he decides to sell first or decide to keep holding until the price recovers.

[kalstarzz]

in my opinion the biggest risk in crypto is in hacking, when we experience it we will lose all the assets we have, and the solution is simple, which is how we work and how we take care of our devices.

[zerocashdev]

The real risks that you will lose all the money you have invested because the market is highly volatile and therefore if you are engaged in long-term investment, then most likely you have already lost a lot of money 

[soundrum]

The risk of Crypto are very simple. Crypto is not regulated, highly unpredictable and volatile. One can not really determine the action of Cryptocurrency per time and it can go hay wire within a second. When investing in it, just invest what you can afford to lose.

[cupruri]

The real risks of crypto are the losing funds. There are so much newbies that are coming to this market with hope to gain good profits, but after several months they are left with nothing. It is rough but thats life. Hope these people would learn from their mistakes and would try to avoid them in the future.

[babsjoe]

The major risk in cryptocurrency is volatility. If you are the type that invest casually, you may wake up one day and find out the value on your holdings are gone. Cryprocurrency investment require that you monitor the market constanly!