What are the dangers inside cryptocurrency investing

[DarkIT]

In investing in cryptocurrency, I do not recommend using all the money you have, assets, or debt. Well, as many people say if out of control, this investment can make your wallet very empty. that is one of the risks of cryptocurrency investment.

indeed so many people are successful in this field, it's just that they are lucky people and have taken into account everything that can happen. however, the danger of investing will still be there, because if you are still interested in the world of cryptocurrency, I suggest spending capital with what you can give up.

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[The Cryptologist]

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/

Just hearing a lot of koreans did suicide back in 2018 because of the major crash in the prices of altcoins and bitcoin is just clear to know what is the danger when you invest in crypto. I suffered that same addiction buying this and that altcoins that they were saying it will moon. That made me invest more when I tasted profits which is bad because I have no control anymore on how I spent what I earned.

[ballexplorer]

I see both an opportunity and a danger.
Once again the old rule applies: invest only as much money as you can get over with total loss.

No one can look into the future. Nobody knows how the courses will develop. The technology behind BTC and Co will be the future, whether the courses will go accordingly upward in the future remains to be seen.
I see a big danger in government regulations and the influence of big investors like hedge funds and their futures and warrants.

[Anonylz]

you have to be very careful with what you do, don't get carried away by what others tell you, it is very important to do your own research, follow up some crypto news sites, join forums or group chats that will educate you on the cons and pros of crypto, and always remember to invest what you can afford to loss, sometimes you will incur lose as a trader or investor, so it is advice we invest the amount that won't hurt us too much.

[Dread Pirate Roberts]

Day trading is a risky proposition in the cryptocurrency space. the swings are so large that you never know what is going to happen on a day-to-day basis. It could be that the price Rose then you sold only to lose all your money because you were trying to get a 1% profit, but you have to buy it at a higher price because you made a mistake.

Everyone has their own way of trading. for short trading should have an attitude why choosing short trading and choosing the right coin. even though it's hard to predict. sometimes a short trading plan doesn't always end in expectation. can even the opposite.

[Kizaki]

There are alot of risk you need to take and consider when entering the bitcoin industry.Money loss is the number 1 and the volatility and the risk of each investment youll be going in.All in bitcoin industry is  a gamble you really need to study hard about it and learn from your mistakes

[Yamifoud]

The danger inside crypto investing is that we are prone to scamming and losses. We know that we are surrounded by a lot of people (scammers) who take advantage of the newest technology and benefiting us. In the way that we can't eliminate these people, we can't be certainly free from any market troubles in the future.

What I would like to say is that crypto investing is really at high risk. It's up to us if we could make a try or not, nobody is pushing us to be in crypto but it is all about us who decide to take the wheels.

[NewBet]

The dangers of cryptocurrency investing are that you can invest thousands of dollars one day, and the next day the market crashes and may lose everything. It's impossible to predict the markets so never invest more than you can afford to lose.

[skarais]

The dangers of cryptocurrency investing are that you can invest thousands of dollars one day, and the next day the market crashes and may lose everything. It's impossible to predict the markets so never invest more than you can afford to lose.

Even though investment carries risks, it will also make them successful in getting profits on target.  In investing, all must have knowledge about how investors are not trapped in projects that have no potential.
If we have $ 1000 and even more, then don't invest in only one project.  Try choosing 2 to 3 projects that you want.  That's the best way I know right now.

[Youghoor]

Price fluctuation (volatility ) is the main danger inside cryptocurrency investment. The price of a particular crypto coin  can easily drop causing you to lose a huge percentage of your investment capital within a matter of seconds. Price volatility makes it somehow difficult to invest in cryptocurrency.

[btc78]

Dangers inside crypto investing
People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings?

No 100 % negative in doing this because this will be the end of your career if something went wrong

Or should I take a loan out? Since I heard that the returns are so great!”

The most stupid idea I ever heard in crypt,there was a thread in previous year that concerns like this.when bitcoin is on pick last 2017 December a man make a load without his wife’s knowledge and all the loaded money he invest in bitcoin the sad part is hours after he invest the market starts to fallen continuously downing until the amount he loaned turns 1/4 and he don’t know how to explain to his wife lol

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 best answer?only invest what you can afford to lose in short?use your “Extra money” and nothing at all

[xSkylarx]

Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments.

This is really the main problem when you invested in cryptocurrency. I invested on bitcoin way back mid 2016 and I've seen it's price rise very quickly and go down as well. I regretted many times as when I should sell because many people says a single amount of bitcoin will make you rich in the future. I don't know if that will really happen and nkbody knows if it will. I still hold my bitcoin and when it reached new ATH I might sell all of it then find some other investments that is less risky.

[randegibran]

Danger inside of cryptocurrency investment because have chance you lost your money when your trading or holding assets back to lower price, but when price up you can get much profit.

[yoseph]

Whiles the volatility of Bitcoins and other cryptocurrencies make people a lot of money, we can also say that the same effect goes both ways because one start a negative rumor and in one second we will see the whole price crashing down. Losing your money is very much possible just like every other investment.

[timerland]

Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments.

This is really the main problem when you invested in cryptocurrency. I invested on bitcoin way back mid 2016 and I've seen it's price rise very quickly and go down as well. I regretted many times as when I should sell because many people says a single amount of bitcoin will make you rich in the future. I don't know if that will really happen and nkbody knows if it will. I still hold my bitcoin and when it reached new ATH I might sell all of it then find some other investments that is less risky.

As much as we would all like that to be the only big problem with crypto-currencies, wouldn't we? Unfortunately, I don't think this is actually as big of a problem as it was a fews years back, the market has sorta of settled itself down, and I don't think we'll see any big changes in the market (nothing like the 20k runs).

I reckon the biggest problem for investors nowadays would be hacks nowadays. We've already seen how many exchanges and wallets have been hacked, and even though people should be using their own wallets, a lot of investors still hold money on exchanges.

[Hypnosis00]

Whiles the volatility of Bitcoins and other cryptocurrencies make people a lot of money, we can also say that the same effect goes both ways because one start a negative rumor and in one second we will see the whole price crashing down. Losing your money is very much possible just like every other investment.

Its simply losing is a part of the crypto-investment, we can't escape from reality. The common instinct of the people is to think always of gaining and profitable but haven't to think of its negative side making us become unstable when we experience price falls. We always have to know its risk and possibility of losing, it is not the thing we have to ignore cause it eventually comes to us anytime.

[suzanne5223]

The dangers of cryptocurrency investing are that you can invest thousands of dollars one day, and the next day the market crashes and may lose everything. It's impossible to predict the markets so never invest more than you can afford to lose.

Even though investment carries risks, it will also make them successful in getting profits on target.  In investing, all must have knowledge about how investors are not trapped in projects that have no potential.

Yes, every investment has its own risk but your advice is somehow missing leading because investing in projects with no potentials is the fast way of sending oneself into the grave.

If we have $ 1000 and even more, then don't invest in only one project.  Try choosing 2 to 3 projects that you want.  That's the best way I know right now.

Investing in 2 to 3 project is good but also risky and investors need to have the required knowledge to manage up to 3 projects before trying such idea.

[doomistake]

Price fluctuation (volatility ) is the main danger inside cryptocurrency investment. The price of a particular crypto coin  can easily drop causing you to lose a huge percentage of your investment capital within a matter of seconds. Price volatility makes it somehow difficult to invest in cryptocurrency.

This is could be either advantage or disadvantage to a certain person, fluctuations is blessing depending on how you are going to see it or need it, after making a huge profits, you want the market to drop a little or big for a while for you to buy at a lowest price it could be, then sell it again when the market goes up again. The only danger inside the cryptocurrency world is if you don't know what you will do about it.

or how will you see things inside this world, it all depends on how much capability you could make to turn a worst case scenario into a better one. Being a trying hard without any efforts on studying how this world works will just cause you heartbreak.

[mace15]

Last I heard, the financial adage "invest only what you can afford to lose" remains relevant until today.
In the business world, risk is everything. One who takes risk is likely to succeed but that isn't the case in cryptocurency! In cryptocurency understanding the market is everything. You don't just invest based on an idea you have, you invest based on critical knowledge on how the market works. A wrong investment can result in a disastrous effect in just hours. Never you invest what you ain't ready to lose at any point!

Never invest if not willing to lose money so this is right we already heard this statement. The moment that you are entering this industry in crypto there is risks once you put some money to a certain coin. So we should invest on those potential project that can give profit.

[Palider]

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/

People should trust their self like instinct, i may introduce the crypto world and then its should be them.

for me its basic rule of life: I don't depend to other people for my sake of growth and development
Same lesson: Ingredients are important and exploring your own way in such making it possible gives you great feelings than achieving things without tough times.
Information with technology are wide spread. Tell them the cautions so they can avoid unnecessary risk