noormcs5
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September 08, 2019, 03:17:20 PM |
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In every Bussiness have loss and profit, cryptocurrencies do not differ from it so I think if you take proper education about cryptocurrencies then you enter in cryptocurrencies and get great success What are you talking about ? Business has loss and profit regardless of which currency you use in business. You should not compare crypto currencies with any business. This is the wrong perception and usage of crypto currencies. If you want to compare, you can compare it with fiat currency.
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trickyriky
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September 11, 2019, 05:54:02 AM |
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In every Bussiness have loss and profit, cryptocurrencies do not differ from it so I think if you take proper education about cryptocurrencies then you enter in cryptocurrencies and get great success What are you talking about ? Business has loss and profit regardless of which currency you use in business. You should not compare crypto currencies with any business. This is the wrong perception and usage of crypto currencies. If you want to compare, you can compare it with fiat currency. Risks are much higher exactly in the crypto world. Cyberattacks are the greatest problem here, and literally for all. The hacker attacks are becoming more common, and fraud methods are becoming much more sophisticated. Bitcoin wallets and the large amounts that are traded are extremely attractive to thieves. Crypto exchanges have been hacked constantly, and many of them have to close.
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TheUltraElite
Legendary
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Activity: 2940
Merit: 1309
So anyway, I applied as a merit source :)
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September 15, 2019, 07:30:46 AM |
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Risks are much higher exactly in the crypto world. Cyberattacks are the greatest problem here, and literally for all. The hacker attacks are becoming more common, and fraud methods are becoming much more sophisticated. It is possible to prevent them by keeping your wallet keys safe and use a hardware wallet if you the money to buy it. It is considered to be a good security investment for big traders who have a large volume portfolio. Cyberattacks are always there with any digital format commodity or service. You have to learn to protect your funds. Bitcoin wallets and the large amounts that are traded are extremely attractive to thieves. Attractive yes, hackable - not so if you secure them. Crypto exchanges have been hacked constantly, and many of them have to close. Hence dont store coins there after you are done exchanging. You will be in control of your coins then.
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Finestream
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September 15, 2019, 12:16:38 PM |
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If earlier I received income due to rewards for the company's bounty, today this situation has changed for the worse.
That's the kind of experience that we will treasure forever, earning is a privilege here as we are not risking our money to earn and that's the best of making money here. Today, using the cryptocurrency market, you can only earn by investing your money in promising projects for a long period and using daily or long-term trading. But it should be borne in mind that today the cryptocurrency market is almost the same as a gambling game, where you can not spend too large amounts of personal funds or the last money from the home budget. The risks are always very large.
We can earn or we can lose, that's the only possibilities when we are investing our money here. Short term or long term, we will decide on how we will manage and we need to understand the risk and reward here that we don't study when we are just doing some bounty hunting to earn. Investing is way different, we are like gambling here using our skills because that way, we have a chance, unlike blindly investing in the market.
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The Cryptologist
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September 15, 2019, 12:39:32 PM |
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In every Bussiness have loss and profit, cryptocurrencies do not differ from it so I think if you take proper education about cryptocurrencies then you enter in cryptocurrencies and get great success Despite the fact that you are educated, there still lies a risk. Who can predict the exact price of Bitcoin after years? Who can tell what will happen in the next 6 months? Are we still getting profit after 3 months? How about 1 and a half? A week maybe? We can't tell that, that is why despite the knowledge you have, you can still lose but obviously you know what to do to lessen that losses and get back the next time. I could not agree more but he also right on the first part. To back up that statement, the rise of online shops made huge companies to file bankruptcy like Toys R Us and Forever21. Cryptocurencies are definitely rewarding when there is a strong bull market but the patience of anyone will be tested whenever there is a bear period and that is where is the risk lies and also the possibility of a scam project.
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andriarto
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September 15, 2019, 02:06:51 PM |
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In every Bussiness have loss and profit, cryptocurrencies do not differ from it so I think if you take proper education about cryptocurrencies then you enter in cryptocurrencies and get great success What are you talking about ? Business has loss and profit regardless of which currency you use in business. You should not compare crypto currencies with any business. This is the wrong perception and usage of crypto currencies. If you want to compare, you can compare it with fiat currency. Risks are much higher exactly in the crypto world. Cyberattacks are the greatest problem here, and literally for all. The hacker attacks are becoming more common, and fraud methods are becoming much more sophisticated. Bitcoin wallets and the large amounts that are traded are extremely attractive to thieves. Crypto exchanges have been hacked constantly, and many of them have to close. without the legalization from the government, I think fraud will continue to grow. in a situation like now, we ourselves must take full responsibility for the risks that may occur. therefore calculate our risk before entering the crypto business. if you can control the risk, I don't think there will be a problem
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Bitcoin Seller
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September 15, 2019, 07:25:08 PM |
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In every Bussiness have loss and profit, cryptocurrencies do not differ from it so I think if you take proper education about cryptocurrencies then you enter in cryptocurrencies and get great success What are you talking about ? Business has loss and profit regardless of which currency you use in business. You should not compare crypto currencies with any business. This is the wrong perception and usage of crypto currencies. If you want to compare, you can compare it with fiat currency. Risks are much higher exactly in the crypto world. Cyberattacks are the greatest problem here, and literally for all. The hacker attacks are becoming more common, and fraud methods are becoming much more sophisticated. Bitcoin wallets and the large amounts that are traded are extremely attractive to thieves. Crypto exchanges have been hacked constantly, and many of them have to close. Trading cryptocurrency on the exchange, like trading on the stock exchange, is associated with certain risks. Most strategies are based on statistics, that is, on the dynamics of an asset, an analysis of its current situation, and so on. In fact, trade is the transformation of risks into profits, that is, the higher the probability of a positive outcome of the transaction, the less income will be.
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jamesndungu1
Member
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Activity: 434
Merit: 25
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September 19, 2019, 10:00:16 PM |
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What people need to understand is that every trader loses money at times. What you need is a risky management strategy. You need to learn how to take losses at the early stages and thus cut them short. This will help you avoid letting your losses accumulate into massive ones which puts you in a much worse situation. Your profits will still keep running, which could be massive as well depending on the value of a certain coin at a particular time.
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freedomgo
Legendary
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Activity: 3164
Merit: 1152
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September 20, 2019, 12:29:59 PM |
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This is actually a battle between small fishes and big whales. Here, without anything natural, all pump and dump operations are arranged by the whales. That's why one day the crypto market can fluctuate between 10% - 20%.
That's somehow possible because whales would not stop doing it if they can continue to make money from it. The more the price is volatile, the more they can make a lot of money doing day trading. HOWEVER.... If we work in groups and fight the whales, we will really be able to make a big profit.
This seems to be impossible, it's not about the number of people matters here, but the amount of crypto you are holding. Even if you form a group of 100 people that holds a total of 10 BTC, but one person can beat you when he holds 100 btc, that's the logic here.
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yulchatar
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September 21, 2019, 05:12:24 PM |
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If earlier I received income due to rewards for the company's bounty, today this situation has changed for the worse.
That's the kind of experience that we will treasure forever, earning is a privilege here as we are not risking our money to earn and that's the best of making money here. It really is. I'm grateful to the person who invented the bounty. And although now they are experiencing not the best time and the rewards are not the greatest, but at one time they gave me the opportunity to earn without investing my own money, but only my time. But it was my choice and my risks.
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Pamadar
Legendary
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Activity: 2982
Merit: 1028
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September 21, 2019, 05:30:30 PM |
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If earlier I received income due to rewards for the company's bounty, today this situation has changed for the worse.
That's the kind of experience that we will treasure forever, earning is a privilege here as we are not risking our money to earn and that's the best of making money here. It really is. I'm grateful to the person who invented the bounty. And although now they are experiencing not the best time and the rewards are not the greatest, but at one time they gave me the opportunity to earn without investing my own money, but only my time. But it was my choice and my risks. It's good to experience those day's that you will be able to make some good cash by exerting some effort and by investing your time. Many people who do have opportunities to enjoy those valuable rewards that they've received from the bounty job is really nice to remember. Everyone can still enjoy if they will keep on doing good research and not to stop just because of the current situation. It's hard but still possible if you can get the right project to support.
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abhiseshakana
Legendary
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Activity: 2296
Merit: 2263
From Zero to 2 times Self-Made Legendary
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September 22, 2019, 04:55:15 AM |
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Cryptocurrencies are more volatile than other assets in the trading market. We must find out the reasons why cryptocurrencies are more volatile in order to be able to prepare investment plans and the right strategy to avoid losses. Crypto has no inherent original value, so we don't have a standard for agreed value, unlike fiat money. Because it is decentralized, not everyone can access or read market fluctuations, only skilled people can do it.
The player who controls the largest amount of crypto money in the trading market will have bargaining power and a large influence on the market. Especially if there is a large gap in ownership of cryptocurrencies. Every action they take by buying new digital assets or selling their digital assets will have an impact on market fluctuations.
So to get the maximum reward with the smallest risk, traders must be technology literate, experts in basic investment, innovate in technology, financial technology and build communities or networks to improve education in digital profits.
In essence, this volatility is seen by investors as an opportunity for profit.
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armarsterling7
Member
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Activity: 420
Merit: 10
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September 22, 2019, 04:55:08 PM |
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BBC recently did a interview around the volatility of cryptocurrencies. I think we are still so early in this industry but I would love to know your thoughts about where we are going and how you think the landscape will change. People in the podcast include: Marc Warne, Founder, Bittylicious Jemima Kelly, reporter, FT Alphaville Dave Jevans, CEO, CipherTrace https://www.bbc.co.uk/sounds/play/m000676m I think cryptocurrencies are thriving and are people interested. In the future, there will be a lot of people investing in crypto like gold or real estate. Crypto will be used by many people and it will replace cash. It is a beautiful fantasy that I can imagine but it seems that this is very hard to come true
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Polo7
Jr. Member
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Activity: 392
Merit: 7
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September 22, 2019, 06:40:35 PM |
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Risk???
If You keep money in stable coins this is what i do.
I keep 25% in bitcoins and If the price Goes Down I buy 25% If up I add other 25%
I keep 75% in stable coins!
#sorry but crypto trading has low risk but Good rewards!!
Those who complain about risks... I just Don't undestood Why You Don't use stable coins?
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Kotone
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September 23, 2019, 12:14:15 AM |
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The only risk here I can see is when you gamble on trading and lose. That kind of risk is much worth it if you have knowledge and basics of crypto trading. Well the rewards are every fruitful of course but if you not tend to more basic stuff then those risk could be a failure and a reward that supposedly be coming is gone. Crypto is very volatile, also dangerous cause you need to mind and keep youre asset from real troubles such as hackers, scammer, and many more.
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jaocoincrypto18
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September 23, 2019, 12:56:55 AM Last edit: September 23, 2019, 01:39:34 AM by jaocoincrypto18 |
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Invested money can render higher profits only if the investor will accept a higher possibility of losses and there is no investments of today that will guarantee of no risk therefore all types of investments are all prone to risk either crypto or none crypto they are all the same. If you dont like the risk then do not invest plain and simple.
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Darklinkz
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September 23, 2019, 07:30:39 AM |
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Invested money can render higher profits only if the investor will accept a higher possibility of losses and there is no investments of today that will guarantee of no risk therefore all types of investments are all prone to risk either crypto or none crypto they are all the same. If you dont like the risk then do not invest plain and simple.
And most of the people who enters crypto don't realize or accept that truth because they only came to get the same roi of the first people who traded and make most of the rewards not knowing by these newbies that those veteran traders also experienced losses first before they made huge gains. Crypto is still very lucrative compared to other investments and newbies should know all the risks involved before they get angry and weep for many years after their losses.
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deisik
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English ⬄ Russian Translation Services
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September 23, 2019, 06:09:27 PM |
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Even if you form a group of 100 people that holds a total of 10 BTC, but one person can beat you when he holds 100 btc, that's the logic here And it is not only that The wealthier people are (i.e. the more coins they hold) the less likely are they to cooperate with anyone to "fight whales". Such "fight clubs" are formed not to fight anybody but to take money from their members, this way or another (as they are typically organized to "pump" some shitcoin). And it is not unlikely that someone from those 100 people will secretly take advantage of them (most certainly, the puppet master)
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toast
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October 29, 2019, 05:21:09 PM |
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What people need to understand is that every trader loses money at times. What you need is a risky management strategy. You need to learn how to take losses at the early stages and thus cut them short. This will help you avoid letting your losses accumulate into massive ones which puts you in a much worse situation. Your profits will still keep running, which could be massive as well depending on the value of a certain coin at a particular time.
great risk of course the results obtained are also great but all of that requires confidence and investors must be clever in utilizing every opportunity in investing, of course, good at analyzing and studying the development charts of crypto currencies and possibly can reduce the risk is very large and requires confidence and hope
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doomistake
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October 29, 2019, 05:55:10 PM |
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being volatile is not the problem and it can not be considered a "risk" in my opinion. take a look at bitcoin ,it has been volatile for all its life but it still is a very good currency and/or investment. the reason is because volatility is the product of having a small market on exchanges.
the problem is when volatility is not because of smallness of the market but it is because of manipulation. for example no matter how much money goes into altcoins they will remain highly risky because their volatility is product of pure manipulation which people call pump and dump.
My opinion for that is people wants something a less risky but they didn't know that the less risky it is, the less profits there is for them, as a human nature, it is natural to be scared, we have instinct to trust or not to trust sometimes, most likely, people wants fiat because it is "safe" for them (how ironic), but the truth is, there is no such thing as safe, dangers and risks are everywhere. We both can't understand each other's perspective because the other side is not listening or paying attention because they are insisting that fiat is more better to use, all we can see is a tornado of opinions.
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