Is investing in crypto a good idea?

[republicrypto]

buying crypto is a very good idea and in my opinion it should be done by everyone because with technological development, of course crypto will be used by all countries in the future and it is never too late in investing, it can be done at any time. depending on the research we do

indeed, but don't forget to think about the risk too,
because there is no zero risk on any investments opportunities especially in cryptocurrency my friend
regards

[SlimShadyMmp]

It mostly depends on your research Make sure you avoid shitcoins and is not only scam coins that are shit so check volume an market cap then 24 hrs trade

[Btc_1856]

buying crypto is a very good idea and in my opinion it should be done by everyone because with technological development, of course crypto will be used by all countries in the future and it is never too late in investing, it can be done at any time. depending on the research we do

indeed, but don't forget to think about the risk too,
because there is no zero risk on any investments opportunities especially in cryptocurrency my friend
regards

People should consider the risk involved in crypto, without challenging the risks it is not a good idea of investing in crypto. People who are in crypto for more than 3 years will understand the risk involved in crypto, we should always average the investment otherwise we might lose all our money, in order to gain the lost money, it will take some time.

[BitstickersAlltheworld]

If An buy Crypto there is nothing late. Because we can start trading at any time. Buying Crypto does now look easy and this is done to make it easier for everyone to trade. For the impact of the ease people buying crypto will certainly have a positive impact. It will also increase the trade volume increasingly larger.

Everyone is looking for quick return of money they invest.

[BitstickersAlltheworld]

I would rather invest in real state instead in crypto for me.   i dont know what other people will do ,cause some will say  that crypto is the biggest opportunity thats why everyone should invest on it.  

It depends what is your field of interest. If you are not in crypto world beater stay off.

[Roidz]

I would rather invest in real state instead in crypto for me.   i dont know what other people will do ,cause some will say  that crypto is the biggest opportunity thats why everyone should invest on it. 

It depends what is your field of interest. If you are not in crypto world beater stay off.

investing in crypto is not as easy as we imagine when getting big profits and investing in the crypto world is the same as investing in other fields, it has a big risk, and of course in investing we have to really understand and master every area we invest in because otherwise of course it will only result in losses for us, before investing in crypto it is better for us to know in detail about the crypto world, not just calculating profits.

[seleme]

If you don't have enough knowledge, experience about cryptocurrency, it can be risky for you. But on the other hand, after getting some knowledge about investing then investing in crypto can be a good idea. l mean it depends on your thinking about crypto, when you want to make quick money you will lose at the end. It is not easy as expected, l think l could explain that. The risks can be big if the new investors have no idea what he/she is doing. It is worthless to invest in the already pumped altcoins because value and marketcap will drop eventually. Better to focus on developing altcoin projects.

[Miaallen]

Investing in crypto isn't just a good idea but the best one. Looking at rate of adoption and rise in prices of major cryptocurrencies at the moment. One just has to conduct his research very well before investing in any cryptocurrency project. And one should always understand the volatility involved in Cryptocurrency investment, stay cautioned and invest only the amount one can afford to lose.

[Arkann]

At least if you look at the results for the whole of 2020, then it is safe to say that investors who bought Bitcoin and Ethereum at the beginning of the year have huge profits today. In addition, for the whole year, such investors did not have global shocks, as happened in 2018. And this is already a clear example of the fact that cryptocurrency is reasonably considered a very profitable investment and a valuable asset.

[e@symode]

The cryptocurrency sector is one of the most profitable in recent years, but also one of the most risky. You definitely need to comply with risk management. But I think it's a good idea.

[manok jepang]

I think investing in the cryptocurrency is a very good idea, but you need to know that you should choose an altcoin that already has the great potential to generate profits, because investing in the crypto is not as easy as turning your palm, you need knowledge to research the altcoin you want to invest in, I think if you want to profit from the crypto then choose a good altcoin to invests in like, BTC ETH the litecoin BNB XRP polkadot DOGE,

[chikading2016]

I think investing in the cryptocurrency is a very good idea, but you need to know that you should choose an altcoin that already has the great potential to generate profits, because investing in the crypto is not as easy as turning your palm, you need knowledge to research the altcoin you want to invest in, I think if you want to profit from the crypto then choose a good altcoin to invests in like, BTC ETH the litecoin BNB XRP polkadot DOGE,

Well that is right investing in crypto is really profitable if you know how to control emotions, another important thing is you need to choose wisely because not all coins in crypto are legit or can give you profit, so you need to choose the coin that is already trusted you also need to have a big patience specially on waiting for the right time to sell because crypto is not stable and anytime you may loss on it if you do not take care on it.

[Papsie]

Investing resources such as time, effort, money, knowledge and sometimes even properties are worth in cryptocurrency. But firat we must know every risk we might encounted upon doing crypto and in order to lessen the risk,  we must br educated enough about crypto so that everything we will do will have a knowledgeable reference and basis. It is a good idea to invest in crypto as long you know what you are doing and be responsible enough to what ever the outcome is.

[Luqman]

I'm a newbie trader, and I want to know if investing in crypto is a good idea.

So, you want to try crypto investment, bro? If you already take a look at many comments about crypto investment in this forum, you should get the answer to your question.    FYI, most people agree that investing in crypto is a good way to get bigger profits but it has high risk as the prices are very volatile and unstable. You need to be familiar with the price changes/movements. If you can master it or understand it well, then investing in crypto can be a step for you to be a rich man. At least, you can get another source to gain income for your life.

[rhodelmabanal]

In the crypto world it is never too late because at any time the price of bitcoin and altcoins are constantly changing, so if you believe and have capital invested in the crypto world is a very good idea especially at this time the value of cryoto continues to increase and we can invest in some altcoins that have potential, but the choice of coins that want to be invested of course we must have our own choice and do not choose coins that are not in demand by many investors.

I agree on that mate, investing in crypto is a good idea but it depends on how you choose coin or how you control emotion. If you want to invest in crypto you need to invest in coin that is useful , because there are so many new altcoin today that is scam and some are become almost zero in value, fast moving coin is good because you dont need to wait for so many years to earn. But for now we need to wait for the price to fall down because we are now in a bull run and investing this time is quite risky.

[GreekCoiner]

It's simple. You invest $1000. Coin goes to $0, you loose 1000 usd but if it does 5x, you have +4000 usd profit. The risk and reward ratio must be good if you want to put money in something.

[tabas]

It's simple. You invest $1000. Coin goes to $0, you loose 1000 usd but if it does 5x, you have +4000 usd profit. The risk and reward ratio must be good if you want to put money in something.

A coin that can go to zero is avoidable. You choose the best coins and you're unlikely to get into that price and lose your investment. Although there's really no assurance for your gains but with the best coins, you have a better deal with them rather than choosing those "gem" coins that can potentially lose your money. It's a real story that the more you're craving for higher profits and being ambitious for such coins, you'll taking more risk.

[CutePanda]

cryptocurrency is as valuable as real money in the real world. Even crypto currency collections are now trending.
Not a few people can become very rich because they have crypto money.
Here are some interesting cryptocurrency recommendations for 2021 :

1. BNB
2. ADA
3. DOT
4. ETH
5. BTC

if we can just be patient and wait until the right time and value increasing, we can earn so many profits from cryptocurrency, so yeah, investing in crypto is a GREAT IDEA

[killerkeemstar]

It's worth it but it's definitely not a race so don't get caught up in any FOMO and I think you'll have made the right choice

[Benefactor]

Anyway you ought to know on the went with hazard with it yet its excessively dangerous because of unpredictability yet additionally a beneficial one on the off chance that you excelled on your exchanges. Buying crypto through charge card and different methods is truly simple and helpful and that what make it fascinating. Purchasing Crypto does now look simple and this is done to make it simpler for everybody to exchange. For the effect of the simplicity individuals purchasing crypto will absolutely have a positive effect.