What are the dangers inside cryptocurrency investing

[aryadiningrat123]

if you don't understand bitcoin, don't start trading bitcoin because it's very dangerous because if you don't know about bitcoin, so you have to understand bitcoin before you invest in bitcoin or trade bitcoin if you don't want to experience huge losses

[qwertyup23]

The danger associated with investing in cryptocurrency would stem from the lack of security and guarantee of payments.

Unlike conventional and traditional methods of investing, your money is backed upon by security and collateral in case the investment fails. In stocks, you will always have the choice to cash out your investments based on trend, data, and research. Also be reminded that all of these are governed and managed by a company and regulated by laws.

In cryptocurrency, the returns may be relatively higher and faster but the risks associated is proportionate to the amount you invested. Meaning, there will be no guarantee and security that you'll receive your amount in case the market fails. There are already instances wherein people invested in bitcoin but its price plummeted to the ground.

[Dread Pirate Roberts]

Obviously scam projects, it's our risk when investing to any platform because we didn't know if it's legit. Some people are just spending money without checking the legitimacy of any exchange or platforms. But I think it's normal to risk since it will reward you high profit too.

Learn about cryptocurrency so you'll absolutely avoid being scammed.

Many new adopters get scamming by investing or cloud mining. and there are still many people affected by things like that. Avoid unclear investments and understand the ponzi scheme. that is mostly case investment in crypto its all about. ponzi thing.

[joromz1226]

Once the money is involve on investing, that is the time were your capital already in risking part. Not only in crypto currency but also in some category of business as well. But since that we are in crypto industry, it is very risky because you/we are buying digital currency or engaging in online schem of investment which there are no 100% guarantee that it can become a real money in my own opinion mate.

[ReiMomo]

Friendly advice that doesn't take a loan if you are planning to invest in bitcoin. Just use your personal savings either but those you can afford to lose. This is sort of gambling because your capital may put in risk while investing but as long you can patiently wait your investment capital will be fine. Choose good potential coins to invest not just a random that you like, remember always that Do Your Own Research first before going to invest. People must understand how the market works and willing to wait until your profit was there.

[nara1892]

of course all investments have risks, in cryptocurrency, if you don't understand maybe you will lose a lot of money if you don't understand .. but we see the fact, more people are successful at playing cryptocurrency than people who fail

[clickerz]

Re: What are the dangers inside cryptocurrency investing

Cryptocurrency is new and since its an emerging market, there  is a need to fine tune some of its flaws. Scammer are plaguing to benefits from this emerging market.Because of this, risk is higher. Its better to study and do more research first before diving in this new industry. Once you know the systems, this new technology is very promising.

Another risk is, people and investors are rushing to use this technology something like a race.In the long run, a few will emerge successful and more will lose as it progress. Lack of use cases, applications on daily lives makes this project failed.

Some project  focused only on monetary gained and engaged only on hype. Pump and Dump on exchanges and gone.Project failed.

[judeafante]

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!”

Three years ago you can say that to anyone interested to invest in Cryptocurrency, I even read an article that sold all their properties because of the promised huge return of their investment check the article here https://cryptobriefing.com/bitcoin-family-still-living-the-dream-despite-market-slump/

But today if you are coming in the market you cannot apply what works three years ago, it's very different today than 3 years ago, you must be smart, updated and brave to risk investing in a new coin and putting your hard-earned savings will put you in trouble when you made a bad decision, so only invest what you can afford and only add when you are 100% sure of your investment.

[thisnewcoin]

Sadly I agree with you. Actually invest in altcoins by life savings is a horrible idea, whoever did this in recent time, they are regretting sure! Invest what you can lose, don't invest by your life savings in crypto. Do you want to take the risk? Invest in Bitcoin! Bitcoin won't betray you, soon or later you can make a profit if you buy Bitcoin at a lower price.

[Deborah Christine]

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/

I do not agree if you invest in crypto using a loan.

Cryptocurrency price movements that are very volatile not only have the potential to gain profits, but also pose risks.
We can experience a large loss in only a short time because the price is very fluctuating.

It better to use savings. So if you lose, you can still hold it until the price goes up and not get into debt.

[Inkdatar]

In cryptocurrency investing it is involved of risks and there is dangers when you put money in crypto. This is why mostly advised to study and learn about cryptocurrency before investing your money. It is not the way that automatic your money will grow. Learn first and understand the flow in this industry without learning it you will lose money.

[EdvinZ]

Investing in cryptocurrencies can lead to a loss of deposit. The more passionate an investor, the more risk he exposes his deposit. If you invest in top cryptocurrencies, then even if the price goes down, you will lose only part of the portfolio. By investing in unknown coins, the loss can be significantly higher, up to zero. Therefore, the share of such coins in the portfolio should be no more than 10-20%. It is also always necessary to diversify risks, that is, invest in different trading instruments.

[hulla]

In cryptocurrency investing it is involved of risks and there is dangers when you put money in crypto. This is why mostly advised to study and learn about cryptocurrency before investing your money. It is not the way that automatic your money will grow. Learn first and understand the flow in this industry without learning it you will lose money.

You're right with what you said but logically every investment has it own risk/danger involving but the danger in cryptocurrency investment are 1) selecting the wrong coin/token.
2) not have the required patience
3) exit the market at the wrong time
4) Using insecure wallet
5) Keeping much coin/token on an exchange site.

[coin-investor]

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/

More than ever there's a lot of dangers now, people coming in now at this point of time needs to read a lot, communicate a lot and educate himself on the risk in investing in Cryptocurrency, it depends on your risk appetite you can opt to look for a new coin and be one of its early investors.
if you want to be on a safe side then invest in more stable coins in the market, no guaranty but you can always cut your losses because it's already in the market and there's a big chance of bouncing back.

[matchi2011]

Sadly I agree with you. Actually invest in altcoins by life savings is a horrible idea, whoever did this in recent time, they are regretting sure! Invest what you can lose, don't invest by your life savings in crypto. Do you want to take the risk? Invest in Bitcoin! Bitcoin won't betray you, soon or later you can make a profit if you buy Bitcoin at a lower price.

Investment with solid project also gives you the opportunities to receive good outcome. There's a lot of opinions regarding with taking the risk around this industry. It's hard to invest money that you are not ready to lose especially if the money is your savings. Chances that you'll see downfall are always possible. You have to specify your investment risk management. It's dangerous to those who are not willing to take the risk and always find emotions to be at the top of their decision-making.

[3x2]

Dangers inside cryptocurrency investing is obvious as you can see today. If the forces are with you then the moment you invest the market will look like uptrend from your point of view but things may go against you also.

Just see this week analysis, The BTC was 10k usd plus and was trading smoothly, suddenly a 21 percent dump and we are left on 8k usd. 2000 usd is a  lot of difference which you and i cant afford to lose.

I just advice to everyone , be careful while investing in anything and more careful while investing in cryptocurrency.

[mmo_online_1981]

Very large volatility value! Investment is risky, but the return is good if successful!

[teosanru]

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/

I agree if anyone is trying to invest their hard earned money into crypto the losses can be really painful. The problem is that currently there are no laws, no standardised and un biased markets, no control over volatility and most importantly no team working upon their idea promised in whitepaper. So all the altcoins are worthless pieces of shit if their teams are not working upon it because it technically has zero networth if they are not generating any business. Currently these altcoins are floating much low below there ICO prices. So I would not suggest anyone to invest everything here. Invest only that much which you can afford to lose.

[djsugar]

Major "dangers" for traditional investors are

• Unregulated environment
• High volatility
• Major concentration in few hands
• Less volume

This all leads to uncertainty and manipulation which increase the risk associated with crypto trading. But higher the risk, higher the return. Because of the high volatility, you cam make avg of 20% in day trade. And if you trade futures, you can multiply those returns which is more than any traditional investment.

[Kakmakr]

The dangers are GREED and EMOTION and these two things dictate the losses and the profits that can be gained from Crypto currency investments. People SELL too early because of these two factors and when they lose money, they want to blame Crypto currencies.

You cannot allow GREED and EMOTIONS to come into play, when you deal with Crypto currency investments, because it will lead to mistakes. Bitcoin is not like other commodities or financial investment tools, because it is very volatile and you can be fooled to sell too early or to buy too late.  

Also make sure to protect your tokens, after you bought them on the exchange.