What are the dangers inside cryptocurrency investing

[LUCKMCFLY]

The biggest danger is that the money you decide to invest, you don't need it, not even for an emergency, because at the time of allocating that money you must apply the techniques of the big investors, which is "Wait as long as necessary, until you get a gain ".

You cannot fall into despair when the market does not move in your favor, suppose your currency is Bitcoin and has a low price, you can not sell out of fear, because it would fail completely in investment, Volatility is usually a double-edged sword .

In Bitcoin, the movements are generally fast, due to their volatility, compared to the stock market, important movements occur every 8 or 10 years.

Volatility can do everything faster, but the key is knowing how to wait, in fact, now is a good time for investment, I have as a premise that the value of Bitcoin of less than $ 10k is always a good price.

[DaftAjax]

1) ....you must apply the techniques of the big investors, which is "Wait as long as necessary, until you get a gain ".

2) Volatility is usually a double-edged sword .

3) Volatility can do everything faster, but the key is knowing how to wait, in fact, now is a good time for investment, I have as a premise that the value of Bitcoin of less than $ 10k is always a good price.

1) I don't know where you heard this from, but that's not how (big) investors do their thing. They're on constant watch to the Market price charts, and every time they see profits they will not hesitate to trade, rinse and repeat. Holding is not really an investors strategy, but a Hoarder.

2) I can sympathize with this. You could use Volatility to your advantage if you know what you're doing.

3) Though we could argue that statical-prediction does not really portray the actual result, but we can at least expect something, rather than going in blind.

[bitcoinposts]

They are lot of dangers inside bitcoin  investment one should be aware of risks before going investing in crypto

[ReiMomo]

Well, actually the danger inside cryptocurrency investing is you might lose it huge amount of your money when you do panic selling if the price drops down so you must keep on holding on no matter how low the price is because since the value of bitcoin is volatile so it may rise up again and you can it big profit if you wait patiently.

Another reason if you are investing in a project that going to scam, because you are lack research and to dig more before to know which is the potential one. Or might you have an option to stick in a top 10 cryptocurrencies that listed on CMC.

[Rodeo02]

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/

There is danger by investing in cryptocurrency. Why?  Because you may lose your money. Like investing in altcoin you can lose your money if the altcoin become Dead.
But if you choose only bitcoin or ether is much better but waiting is need for this investment because the price now is down.

You should also look with other danger with crypto not only in investing and buying a token.
Example
Hacked there is possibility that you may experience this one if you are not careful enough.

Forget/lose important key such a passphrase and private key .

[jarhed]

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/

There is danger by investing in cryptocurrency. Why?  Because you may lose your money. Like investing in altcoin you can lose your money if the altcoin become Dead.
But if you choose only bitcoin or ether is much better but waiting is need for this investment because the price now is down.

You should also look with other danger with crypto not only in investing and buying a token.
Example
Hacked there is possibility that you may experience this one if you are not careful enough.

Forget/lose important key such a passphrase and private key .

Regarding the fact that they forgot the storage location of the private key or this place was robbed. We see quite a lot of risks when cryptocurrency takes over.

[Sahyadri]

High volatility and no regulations bring high risk along with them. The main danger is the high risk associated with cryptocurrency trading. Unless done properly, there is a big chance of you losing your money due to fud/fomo.
Another danger is you losing your money to fake exchanges or wallets. Crypto theft because of fraud and hacks has almost doubled this year. Since there isn't much regulations, there isn't much you can do about the lost funds.

[MicroGuy]

While some coins are fine, probably best to avoid BTC.

1. Proof of work is not sustainable.
2. 1 MB pushs Tx onto L2 custodial nodes.
3. Banks now control BTC development.

If these secrets don't get out BTC will rise. If the masses discover the truth, it will probably crash.

Choose your cryptos wisely!

[Meowth05]

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 risky indeed especially to investing in unknown tokens. To reduce the risk you should go for the coin that has proven themselves as worthy of investment like bitcoin and eth. I choose those coins basically because they have the highest volume in the market hence you should not worry about it. Crypto is extremely risky yet profitable at the same time, the riskier it is the more profit you'll get.
You don't need to use your life earning or savings to invest in crypto but rather invest only the money that you can afford to lose.

[johnmason92]

The risks in the BTC trade are no different from the risks associated with gambling and other activities where the profit is uncertain. If a person gets dragged and starts investing unreasonably, puts in almost all their assets in the form of BTC or withdraws a loan to buy BTC, then the person is having a problem and things become dangerous for the investor.

[AndrewIdena]

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/

We all witnessed it back in the end of 2017 when newbies with no experience either in crypto or traditional investing took loans and then found themselves in debts. Education and research is everything.

[sapnu]

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/

There are lots of dangers when we talk about cryptocurrencies. The very first of them all is scammers. There are projects that are taking advantage of the people they are giving promises especially investors and also the bounty hunters. There are also some dangers in investing, for example, the project didn't go well but they didn't intend to scam the investors, yes it really happens. For me, for you to be able to secure your money you should study the project itself and read the whitepaper and the roadmap so you should check if they can possibly make the project successful.

[panganib999]

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/

Well nothing is more dangerous in investing here in crypto space than your impulsive decisions and not so careful actions. Not thinking about what you will do deeply will lead you into a avery horrible situation and being irreversible is what's making it worst. In terms of external factors, there are scams that will surely take away everything you've invested. All in all, not being vigilant enough and well knowledged upon entering here is by far the dumbest decision you might do and will screw you up.

[ufaiz50]

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 an investment when you understand the risks of cryptocurrency. Rapid fluctuations can be a big loss, but can also give big profits. If you don't understand and have never been in an investment like crypto, then it's better to avoid it. Or at least you can learn in advance about the cryptocurrency market, after that try to invest.

[cotton ball]

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/

Delist coin from exchange market is very danger site of investing in cryptocurrencies, we buy or invest on altcoin without check what problem faced by an altcoin, will they keep exist on some exchange market for long term or not, with problem delisting on exchange market will give bad altcoin price very low, now we get scam with many altcoin have delist from exchange market.

[jhoanamaesalles]

the danger inside cryptocurrency investing is the people scammer
 

[angrybirdy]

in my opinion the right phrase for crypto is risky, not dangerous. crypto has a volatile nature and is very risky for people who invest or trade with capital looking for loans or by selling something of value in their lives. indeed with crypto someone can get rich if the price of crypto is as expected. Not a few people who suffer losses because their speculation is not in line with expectations. but not a few people are successful because they trade or invest crypto. I think by learning about the science of trading, will make the risk level smaller. do not be overly ambitious with large profits in investing or trading crypto because they see the success of others. but learn about how that person can succeed.

That's actually right,
Dangerous is not the right term to point the risk inside the cryptocurrency. When we say dangerous, it is something that we should avoid.
Cryptocurrency should not be avoided, because it is not dangerous, it is only risky for every investor. The risk that we are facing when we invest in every cryptocurrency.

[TriplexXx]

I think there are two major problems with investing in cryptocurrency if you don't know how to handle them more professionally. the first one is hacking issues and the second one is the price volatility. For hacking issues, you can solve all that by using the hardware wallet or by keeping your private keys safe somewhere. the price volatility is the biggest part, you have to know when to buy cryptos and when to get out that is the only solution.

[DaftAjax]

I think there are two major problems with investing in cryptocurrency the first one is hacking issues--you can solve all that by using the hardware wallet or by keeping your private keys safe somewhere.

Saving it on hardware wallets or keeping privates key safe doesn't really prevent people from being hacked. Just because people do the things you mentioned will mean that they will never be hacked. Now, I'm not saying that your tips are worthless. I'm pretty sure if you do those things you can lessen the chances of being hacked. But we can't deny that there's still a chance.

Might I add, being aware of your accounts' security--might that be a wallet, e-mail, etc. will also lessen the chances.

and the second one is the price volatility-- you have to know when to buy cryptos and when to get out that is the only solution.

Volatility isn't really a danger. In fact, you can use it as an advantage when trading. Though you're right, buying when its low is a pretty good strategy.

[numizmat]

Most people understand the good perspective of investments in cryptocurrency quite well, buy they afraid to invest in cryptocurrency just because they (1) can’t choose a specific coin to invest, and they are also (2) afraid that they will be late with the withdrawal of cash in the case of the widespread collapse of the entire cryptocurrency market (as it was in December 2017 - January 2018) - they simply do not have enough experience and time to keep track of all this stuff related to cryptocurrency.

However, in most cases, these concerns can be mitigated significantly by placing assets into some crypto investment fund, which will rationally redistribute assets depending on the market analysis between different coins and cash.

For example, Crypto10 smart index fund provides investors with exposure to the top 10 cryptoassets by market capitalisation, while limiting loss of capital through a dynamic cash hedging mechanism. The weekly rebalance period allows the fund to be nimble and it would have been able to retain the vast majority of the fund value at the peak of the bull market. For example, in January 2018, the algorithm rapidly allocated the funds to cash, providing drawdown protection.