What are the Real Risks of Crypto?

[vova.andreyan.94]

There are a lot of cryptocurrency risks, but it still seems to me that they are all surmountable, even though it will take time and maybe not a little!

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[various]

Not only the user's lack of knowledge, but also the security vulnerabilities of crypto coins can be a risk. First of all, security is a must, and confidence in crypto coins is reduced if security is not provided.

[Johnzky]

The only risk in crypto is when time comes that all of our nightmares will happen,and that is when this profiteering turns as a scammings

In have been here for years and i had adopted the whole system but I don’t know what in the back of my mind theres always a doubt about the truthfulness of crypto or maybe i am just being afraid for this has no physical assurances

[5thFear]

I think scams are the biggest risks in the crypto industry. If a person do some investment and it turns out to be a scam, not only that the guy looses money but he also looses trust in crypto and with that he along with his newly joined crypto friends will leave this industry.

[Huntler1993]

I will always side with you on this very issue since the technology is static but the user is not. Dynamism in the user might be a factor to bring about many risk on board. There I think users should try as much as possible to learn more about crypto to do away with some these risks.

[playboy654]

I will always side with you on this very issue since the technology is static but the user is not. Dynamism in the user might be a factor to bring about many risk on board. There I think users should try as much as possible to learn more about crypto to do away with some these risks.

The biggest risk involved in cryptocurrency is there is no guarantee for your investment at any time it is because of the blockchain system is made up like that there is no owner and there is no labour for that  it is a good and bad thing also.

[Cryptrx]

There are a lot of risks associated with cryptocurrency especially the security of one's cryptocurrencies and fraud. People have lost money to scammers and fraudsters who pose in the different guise looking for who to con.

[Kiefner]

I think the main risks associated with cryptocurrencies, it's fraudulent. ICO, hacking of wallets and exchanges, as well as a very strong market volatility.

[minttop]

The real risk is losing everything you have! That's the real risk of your activity in crypto and results of taking wrong decisions, bad analysis and being lazy. In crypto you learn fast, because your experience is your money wasted

[Altero]

I think the main risks associated with cryptocurrencies, it's fraudulent. ICO, hacking of wallets and exchanges, as well as a very strong market volatility.

Frauds were spread around and it turns out that many ICO were fails. It could be easy for them to make that way cause of its anonymity.
We cant be afraid of its volatility cause it is present since before and only we afraid most if someone hack our account and loss everything we have.

[serejandmyself]

The account was hacked between 29.01.2018 and 04.02.2019. All posts made during this period were not made by me.

Please see this topic:

https://bitcointalk.org/index.php?topic=5106030.msg49582645#msg49582645

[Barinerro]

If you don't invest in right coin, you could be lost your all money. Even in good coin your millions dollars could be a some few thousand dollars.

You need to learn to trade in the cryptocurrency market , I think that not always hold strategy can bring you a lot of money, the main thing is to keep your strategy

[matricaria]

I think that investing in cryptocurrency is very dangerous. We cannot know where the market will go. Because of this, our investments are at risk.

[kickdapa]

Crypto is not a risk for everyone. This is risky for them who wants to be rich in a very short time, so they invest in random coins and start waiting for the moon and most of the time, the opposite scenario happens. Crypto can make you rich and it can make you poor, but it not dependent on crypto, it depends on you! Crypto just a process, everything you make decisions on crypto, you need to be proactive and smart! If you able to pick the good time to buy and a good time to sell, then you are not in crypto's risk zone, otherwise crypto is risky!

[mersal]

It will always be the user and not the technology. The lack of knowledge and understanding is really what drives the risks in any kind of industry. Let us have an anology: for instance you would want to learn how to drive a motorbike the risk of being in an accident is not to be blamed to the bike but rather your knowledge and experience on how to drive it.

I agree. I mean, many people think that since the cryptocurrency market is inclined with the use of technology, that it's easy to master, and that losses can be kept at a minimum. But, that is a great misconception that cost people so much, since they are not really giving much thought on the actions and ventures they do in the market. This market, I can say, is a silent killer, wherein it does follow that when you're tech savvy that you would immediately have the upper hand ensure success in the market. The thing about the market is that it can really turn at any moment, and the investments one made can also go down south in an instant, so if you won't make it a point to be alert and equip yourself with the knowledge and weapons you need, you would sure experience loss after loss.

Mostly the risks are being easily solved by the working style of us in cryptocurrency so the problem is how we worked in this field if we recognise and change something better for us it will be good for us to maintain our stable profit for a long journey time and it will be the reason why we are losing money also.

[minus_one_crypto]

At the moment, many projects are dying. The real risk is that you choose the wrong project for investment. This can lead to large losses.

[bartusv]

The biggest risk for cryptocurrencies is that people do not understand the technology and how they will benefit from it
and mass adoption will take very long. With internet it was a similar situation and we all know what happened later.

[posi]

Currently I have the only one big risk - my time spent for studying, doing bounty hunting without any feedback/compensation.

I believed that happened to you because you don't choose the bounty project.which lead to time wasting but most cases as bounty concern the reputation,maturity and experience level of the manager with the total token allocation for the bounty in USD are what you should first lookout for before doing research about the project.
If you my advise you'll risk free per bounty aspect.

[seleme]

The biggest risk for cryptocurrencies is that people do not understand the technology and how they will benefit from it
and mass adoption will take very long. With internet it was a similar situation and we all know what happened later.

Mass adoption will be key to success and there were similar situations for new invented technology on history. Blockchain technology is not for  today's modern tech world so in future we don't need to find the missed part of puzzle.

[moon sorcerers]

there are many risks that must be faced in crypto, one of which is a scam project, the number of scams makes us have
to be careful and analyze the projects that must be followed, in my opinion the scam project is the biggest risk in crypto