What are the Real Risks of Crypto?

[trash321]

as many have said. Real risks are precisely the loss of your finances. Everything else today remains at a stable level when people are just beginning to understand that a cryptocurrency can not only bring money but also take it away, then an old question begins to wake up.

[max6575]

as developer works on reference of service with the dependence on possession with the ideal customs of disciplines the use to gives of way on retail investors to work on pragmatism as applying use with the chance on winning with the decision of expends into the market of finance,
to attains on field of the business as expecting of the higher as might to gains on improvement to collects with the nominal on returns as profit target to collects within the terms of entrance with the field of business.

[cepot9]

the most important thing is in the crypto world we must be able to maintain our passions and egos, if you can't just experience loss due to lust and panic then you lose a lot of money, the ego is out of control and you use money that you shouldn't use in crypto

[Cryptmuster]

The real risk may be present if you are an investor and have invested real money in the coin, then the risk is present, if you earn tokens as a bounty hunter, then most likely the only resource that you spend is your time and in this case there is no risk of losing money.

[gensol]

That of security one who's new will eventually fall for scam by filling out their private keys in Google form or falling for fishing sites that get their real details. Even the old members still fall sometimes. Security is a big problem out here.

[duuuuude]

As they say - informed means armed. Risks in cryptocurrency is a huge point and there is not always enough information to avoid them but at least you can minimize them. Many risk holding coins while others risk selling their tokens on the cheap.

[Maady]

because many ICOs fail around 70% more, and many even just cheat.

you are very kind and generous. i would say more than 90% ico are shit and from 10% only handful icos will survive in next 5-10 years. last year every ico was doing good due to new investors and that's not the case right now.

[qiman]

There are many risks attached to crypto currency. One of them is hacking, the other is the power of persuasion to move the markets in the direction of where the Big whales want it to go to. For example, if I had been a day trader last January, 2018, I would have sold all my altcoins at All Time Highs, but because I was only a holder of coins and tokens and not a day trader, I believed in all the Euphoria and FOMO that the news outlets and everyone was telling us, so I held and lost over 99.85 of all my portfolio over the course of one year. Also, we have the fact that most people are speculators in this space and want quick profits, we need far more believers now in the technology to invest in this space for the longer term and not for just a quick flip and trade, like is happening mostly, in the whole altcoin market.

[Tagus45]

The risk is that you can lose money because crypto is volatile, you must be careful in taking advantage of opportunities so that you can get profits from crypto.

[bitcoindusts]

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 totally agree with this one. Well, we need to be knowledgeable about something that is new to us and we need to be careful when doing it for the first time. Aside from being knowledgable, we must do what is right, even though we know all about Crypto then we are doing it wrong then it has no difference at all being ignorant on that matter or worst. Risks are already there, we must know how to manage it.

[BitDane]

The real risk of Crypto is lack of knowledge. Some people just want to get involved on something that is on the trend and hot but not interested to know more about it. In the case of cryptocurrency, some people wanted to get rich overnight but they get disappointed when they are not achieving their goal. The problem is that they just invested in a project without doing further research then when it fails, they will say that it is a scam. Some people also were so scared when they have invested all their money in Crypto then because of the bearish market, they will simply dump it because of fear.

[ceetoo224]

using it without chipmixer in a large illegal transaction I guess? But in order to avoid we should use it in a practical way and avoid illegal acts that might lead us to bad habits and scenarios.

[sempak]

The risk is that you can lose money because crypto is volatile, you must be careful in taking advantage of opportunities so that you can get profits from crypto.

this indeed becomes a real thing where each investment has a risk each. including with cryptocurrency the risk is so high in my opinion

[adamreb]

Now on the market there are various risks. I really hope that over time they will be able to minimize. The main risk for me is the instability of prices and the state of the entire market. After all, literally overnight, a coin can lose 20-30% of its price. You also need to take into account the activities of hackers, which also scares me.

[CryptoSmile]

The crypto price movement is very difficult for us to confirm, sometimes it can bring big profits in a short time but can also cause large losses at the same time. Thus the most real risk of crypto investment is loss, and to avoid the risk of loss, we must be able to analyze the price movements well and be patient in undergoing crypto investments.

[nebiki]

the real risk of crypto is loss and loss if in my opinion, because there are already so many people who have experienced massive losses and lost a lot of money in my opinion

[kangkilokang]

Of course, many people lose because they fail and many are successful and get good results.

loss is the risk, if you can't avoid the risk, you will lose. each choice certainly has risks but you can choose a smaller risk, to make it easier if there are things that are not good so the risk is not great. many things can plunge against risk so you have to be vigilant.

[tabas]

the real risk of crypto is loss and loss if in my opinion, because there are already so many people who have experienced massive losses and lost a lot of money in my opinion

Not loss and loss, loss is essential but there's also a win if you will ever sell at the right time. That's part of being in the crypto market and you need to adjust. You need to embrace risks in crypto's as if you're really are embracing real risk in life which can be seen fairly with investments too. So far, the biggest risk and real risk in crypto has been mention by most. Everyone is prone to lose if did a wrong decision.

[kuverty]

Only people who didn't make their research lost tears and blood. In this market, as elsewhere, you should not blindly believe any gurus.

[ansarose1]

I think everything here in cryptocurrency are risky. Because whatever you decide it is always a risk, to buy coins is a risk so we better study what we are going to buy. To hold coins is also a risk, we dont know if we hold coins if it increases or decreases in the future.