What are the dangers inside cryptocurrency investing

[SaShiRaJaVu]

First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments.

No one in their right mind will not invest all their hard earned money into one market, you will have a certain percentage of your investment scheduled out for each and every financial market if you are a good investor and then according to your budget you have to diversify according to the risk involved in each market. If you are looking for the long term and invest when the market is on a correction phase you will end up in profit no matter how long it takes the market to recover.

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[jhonjhon]

Cryptocurrency is a very good investment but it include big risk that is  why when you invest in bitcoin only invest the amount you are willing to lost and I would suggest you don't use all your life saving investing because the market is very unpredictable and not all the time the price is high.
In my case, the money that I use to invest in cryptocurrency is my spare money and I also use it to do trading and if I will have profits in trading I will set aside what I invested and then use the remainder to invest more in cryptocurrency.

[pawanjain]

People have a misconception that investing in cryptocurrencies would yield them huge returns.
While it's partially true, people must know that not it's not necessary that everybody who invests in crypto will definitely earn huge returns.
If 1 person has got huge returns there will be 10 others who would have lost their money.
Since it's a decentralized market you can consider it as if 1 person is winning on one side then there is 1 person who has lost on the other side.
So you might not be lucky every time.

[Magkirap]

Dangers inside crypto investing
People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great!”

First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments.

Read : https://paperblockchain.com/what-are-the-dangers-in-cryptocurrency-investing/

The major challenge in investing crypto was its volatility. It is hard to predict whether it will pump or dump. When you are new to crypto world it was adviceable to research first how these crypto work and learn the basics so that you are aware on what is possible to happen to your funds. Also, having long term investment was hard especially if the market was not so good. So it is better to choose good projects to invest with so that your funds will be distributed and thus avoid loosing all funds.

[matchi2011]

First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments.

No one in their right mind will not invest all their hard earned money into one market, you will have a certain percentage of your investment scheduled out for each and every financial market if you are a good investor and then according to your budget you have to diversify according to the risk involved in each market. If you are looking for the long term and invest when the market is on a correction phase you will end up in profit no matter how long it takes the market to recover.

If you are into long term goals the success rate is much higher, but if you are here thinking that it is a quick access to be rich better stop investing and try to study more about this market, the risk of losing all your money is bigger than how you think of it, failure to anticipate will only lead you to failed also from investing with assets that you will place your money. Try to understand the market and invest once you are comfortable with your knowledge.

[Little_king]

i think having your token or coins in yr personal wallet is onre thing that need to be adhere to and must be very careful with the private key in other not to let other pple sees it and also must be the coin or token that are very good with product working an not just shit .

[nankers]

Dangers inside crypto investing
People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great!”

there is no one will suggest you for borrowing money to invest in cryptocurrency because there are still many people think investing in cryptocurrency is very risky. maybe one of the risks is the price of cryptocurrency that is not stable which makes some people thinking again before investing in cryptocurrency

Read : https://paperblockchain.com/what-are-the-dangers-in-cryptocurrency-investing/

for some point i agree with the writer. but if the article aims to motivate new investors, it is also a good idea to write down the positive value of investing in cryptocurrency so that the reader can understand the things that need to be considered before investing

[Cacingkemi]

Dangers inside crypto investing
People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great!”

First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments.

Read : https://paperblockchain.com/what-are-the-dangers-in-cryptocurrency-investing/

investing in cryptocurrency is actually not dangerous if we are good at making the right decision, but this type of investment clearly has a huge risk. therefore, before deciding to invest, you must first understand the risks that will be faced. not recommended if the money we use to invest in cryptocurrency from the results of the loan because it is very dangerous, because the benefits obtained from the investments we make may not necessarily get the expected results

There is no investment that is not dangerous or risky, all types of investment has its own risk even in cryptocurrency. Even in investing in bitcoin, it doesnt mean that it is safe if you invest.
Investing in the wrong time is risky, we all know that crypto is volatile, investing at the highest amount of crypto is not good, there is always a right time to invest.

yes, indeed all types of investments in crypto currencies are very dangerous and risky, apart from the investments we make in bitcoin which is one type of potential and promising coin. but if it is right on target and more careful in making investment decisions that we will make, at least it can minimize the risks that we will face.

[BennyK]

One of the biggest risk in cryptocurrency investment is to invest blindly, thus to invest without having adequate knowledge on the coin or project. This is what has led many investors to run at losses because they end up joining a scam project. It is always advisable to read and study about the project or the coin very well before investing in them.

[bryant.coleman]

One of the dangers in digital base investing is the scammers and hackers. We cannot avoid this people to do these unlawful activities. That's why we need to constantly monitor our assets and devices we use. Another also is the uncontrollable or volatile market movement. Indeed, its always risky. Its just part of investing not only on cryptocurrency but also with all other investments.

If you are careful enough to stay away from the phishing links and spyware/keyloggers, then you don't need to worry about the hackers. From what I have seen during the last 7 years, when someone's wallet get hacked and the coins stolen, 99% of the time it is a result of his own carelessness. If you enable 2FA and email or cell phone confirmation, then you can prevent almost all of the hacking attacks.

Now preventing scams is much more difficult. The only safe method to prevent scams is to stay away form scam projects. First of all, the users need to realize that Bitcoin itself is an investment asset and they don't need to invest Bitcoin anywhere else. If they get greedy and invest their coins in some shady scheme, then they are doing it at their own risk.

[blckhawk]

Investments made to cryptocurrency should only be your extra money. You should always consider having backup money for emergencies. But if you have more to spare, you could start with bitcoin since you less the risk of altcoin going to zero. That's the main danger, since it's too volatile, you could lose a lot of money easily. That's why once you invest, you should be willing to lose that money in the first place. But if the price goes up, then that's a good start for you. Don't ever take loans for investments to crypto since you'll just live in debt. You could however take loan for other, safer investments.

[ReiMomo]

Investments made to cryptocurrency should only be your extra money. You should always consider having backup money for emergencies.

This will happen if you are not investing that you can afford. Don't risk your family budget and after months you need to pull them out that may cause you a sudden loss. Before investing you must know this possible consequence in the future.
Well, one of the dangers inside cryptocurrency investing is lossing money. You must be careful in all of your actions, especially when it comes to sites. You must look for trusted sites before you invest. Also, you must avoid panic selling as well.

[Yamifoud]

Investments made to cryptocurrency should only be your extra money. You should always consider having backup money for emergencies. But if you have more to spare, you could start with bitcoin since you less the risk of altcoin going to zero. That's the main danger, since it's too volatile, you could lose a lot of money easily. That's why once you invest, you should be willing to lose that money in the first place. But if the price goes up, then that's a good start for you. Don't ever take loans for investments to crypto since you'll just live in debt. You could however take loan for other, safer investments.

We know the reason why we're doing this (investment), not the way we have to lose but for the reason to make money. If our mind is full of negative, it surely we will go nowhere. No, I don't think that all altcoins will have a zero market value int the future, only it happens to those altcoins that are buried dead already.
We better not look crypto as a dangerous kind of investment but rather to think that this is a great opportunity for everyone who wants to become profitable.

[Bitcoin Seller]

One of the biggest risk in cryptocurrency investment is to invest blindly, thus to invest without having adequate knowledge on the coin or project. This is what has led many investors to run at losses because they end up joining a scam project. It is always advisable to read and study about the project or the coin very well before investing in them.

No one can guarantee the success and durability of cryptocurrencies. On the one hand, they are accepted on a par with fiat money, and on the other, they are not subject to any control. They are not material, like the dollar or the Euro, but there is the prospect that soon they can be withdrawn through an ATM and put in your pocket, like ordinary money. However, so far they exist only in virtual form and are used much less often than fiat currencies. There is no guarantee that rapid growth at some point will not result in an equally rapid decline.

[crossabdd]

yeepp, that's right. don't invest in crypto using your real assets or your pocket money. when you have money that you think is more. then use half of it for investment in crypto. however, crypto investment is not easy. especially if you don't understand how to invest. nowadays many scammers make investment web just to take your funds. then close the web. it's very dangerous. the best investment is to buy a number of crypto (Bitcoin, ETHEREUM, etc. (top 10 crypto)) and store it in your wallet. sell when the price has been pumped.

[Kyraishi]

One of the biggest danger is losing the community support. If people lose hope for bitcoin, nothing can make it become successful again. We need believers and helpers for the community and constantly increasing innovative movements. Bitcoin can't stop developing otherwise we go back.

That's a pretty good point, people do sometimes lose hope of a coin and will no longer end up supporting it, and when a coin has no support behind it, it's basically dead and the chat rooms and low price will definetly showcase this.

It will be interesting to see what happens to coins like these in the future, but luckily for reputable and top crypto-currencies, it's an issue we don't need to worry about - one of the main factors why I do not invest in new altcoins.

[Velkro]

What are the dangers inside cryptocurrency investing

Only one, investing more than you can realistically loose.
Some invested and lost $800 000. Loosing that much for some is life changing event. For others its pocket money since they have bankroll () of $8 000 000. Loosing 10% of savings is never nice, but not life changing event.
Biggest problem is greed to that. Don't be greedy, think twice and secure your funds. Too much people loosing BTC because of lack of security knowledge.

[Xxmodded]

Dangers side of investing with cryptocurrency is faced with big risk with price, where some time our investment coin have higher price but just one day our coin asset can be on lower price, if you know how situation with bitcoin or altcoin you will take profit soon as possible and re investing after price back to lower.

[yurekaa]

danger when we invest in crypto because of following friends and relatives. we must study seriously about the crypto and crypto market before investing. understand which market and coin movements are potential and must also have good predictions. then  invest, and invest as much as you can afford to lose. every investment always has a risk and we must dare to bear it. profits and losses are common in investing in crypto. make all of it a valuable lesson.

[Kyraishi]

Many of people who invest in crypto by relying on their savings for years and eventually lost, there are even those who invest with money from loans from banks and there is no return and they lose. That's all because it is caused by FOMO which is based without sufficient knowledge in investing in the crypto business. Eventually they are poor because they have to sell their house or their car to pay off their debt to the bank because of a fruitless investment. That's the danger if you go along with FOMO and don't want to learn much about crypto

I think during that period where a lot of investors from different industries entered the crypto-currency world, we saw a lot of people make life changing mistakes like.

- Using financing or a loan to invest in very unstable investments (like BTC)
- Not doing enough research and consuming crypto news like most regular investors will.
- Overinvesting and putting too much money in a certain crypto-currency.