The Major Risks in Crypto Business

[Wenbing]

I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."

I would want to focus on trading and Investing. But, i want to know what you think on the following;

1. what are the major crypto risks that one should know and avoid by all means.

2. How do we tackle these risks or are there way to tackle the risk?

We can use btc trading and investing as a case study.

[davis196]

It seems to me that you want somebody to spoonfeed you and give you all the information you need without any effort on your side.
The biggest crypto risks in trading/investing are:
1.Choosing a crypto exchange platform that isn't legit.
2.Look at the first rule.
If you don't plan to start crypto trading,then buying and HODLing BTC in your own wallet is your best bet.
In that case,keeping your private keys is the most important thing.

[cryptoaddictchie]

1. what are the major crypto risks that one should know and avoid by all means.

Here are on my mind about those risk on trading and investing on crypto.

Be ready to lose some money cause price could go down really hard. That means you should be emotionally ready when this happened cause one risk is losing your money.

Also, aside from devaluation of the price of the coin you traded. Chances that you bought a rug pull or project that will exit scam later on at a certain period of time. Make sure you are entering a legit one.


Just be ready for any associated risk cause there are fud that could somehow endanger the possibility of falling down.

[mk4]

Especially when talking about cryptocurrencies in general and not specifically with bitcoin, the "diversification" misunderstanding. People tend to think that putting your money solely on bitcoin is "risky", so what they do is "diversify" to other cryptocurrencies(and mostly shitcoins) lol. True diversification is allocating funds to other assets classes like stocks, real estate, and etc.

[sunsilk]

1. The major risk as for investing in bitcoin would be its volatility. When people hear success stories of people who have profit in bitcoin ignores this fact.

2. There is no way to avoid volatility for bitcoin but you can reduce the risk that you will take through buying ans holding it. Desiring to day trade will put you more into risk.

[hd49728]

1. what are the major crypto risks that one should know and avoid by all means.

Too many projects, coins, tokens to follow up and make your decisions. You are overwhelmed and hard to make good choice.

Money comes to you too easy but "easy comes, easy goes". It is hard to protect your capital but it is harder to protect your profit.

The crypto market runs 24/7 so it is challenging to control yourself and stay outside the market for hours, days or weeks.

Crypto market has no circuit break, no limits of change margins in a day. You can be rekted very quick.

2. How do we tackle these risks or are there way to tackle the risk?

Don't diversify to many projects. Choose less than 10 projects for your portfolio.
Don't bet all your capital or capital + profit to one investment, one trading order.
Don't look at the chart every day or every hour, you will not be able to have a fresh mind and won't be able to stay outside the market.
Don't use leverage trades. If use them, don't let your positions open in the midnight.

[Lorence.xD]

It seems to me that you want somebody to spoonfeed you and give you all the information you need without any effort on your side.
The biggest crypto risks in trading/investing are:
1.Choosing a crypto exchange platform that isn't legit.

That is how writers take their inspirations for writing though, they are spoonfed information and with that information, they will be able to formulate a prose or a paper that they can share to other people. I don't like OP's idea of getting information because it is a non-fiction kind of book but at the least he/she has the balls to ask us those information, no? Your number one isn't a risk because you have a choice and you can ask for people the advice on a certain exchange and find other exchange that is more trusted, it is more of an error on the person.

[Altcoinsintel]

It would be great if you explain what you mean by "crypto business". Is this about creating a business that will be dealing with cryptocurrencies and how exactly will this be? Investment fund, promotional, a business like a shop that will be accepting cryptocurrencies? Or perhaps you named the crypto field and our individual investments and trading as "crypto business"? This requires explanation as the risk will be totally different if you are investing/trading as an individual or if this is about a company that plans to expand in this field by providing services. Also if this is about a real business then it depends on the field you will choose, there will be different risk if this will be about finding investors and providing custodial services, or if you will try to open a blockchain business, a cryptocurrency under some kind of centralized management, development, marketing, or anything you select.

[Jating]

1. Tell them that crypto is a 'speculative asset', so it's going to be very volatile, movements vary from time to time. You can show them bitcoin's price movement, you don't need to go further, the latest dip we have could be a good case, (from $57k-$45k in less than a week.

2. You can only mitigate risk at some point, others hedge it to USDT, majority just HODL, while there are weak hands who chooses to sell when the price is going down.

[Coinsfera]

I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."
I would want to focus on trading and Investing. But, i want to know what you think on the following;
1. what are the major crypto risks that one should know and avoid by all means.
2. How do we tackle these risks or are there way to tackle the risk?
We can use btc trading and investing as a case study.

1. stay away from the pump and dump scenarios.
2. do not invest without researching, there are lots of scams in bullish period
3. do not rely on others opinions, do your own research
4. crypto traders will sell immediately if they think that their crypto is topping, and be careful with that
5. many cryptocurrencies are very volatile and decide carefully before investing

[BlackHatCoiner]

1. what are the major crypto risks that one should know and avoid by all means.

The major risk on cryptocurrencies is misinformation and lack of knowledge. This is generally what one should know. Every trader must fully understand what he/she's into. There isn't better investment than knowledge especially on this sector. The investor must understand that if he/she goes with the traditional-non-custodian way, there won't be such thing as "support" for refunds.

2. How do we tackle these risks or are there way to tackle the risk?

We educate ourselves and who knows. Maybe trading isn't our thing. 

[Kelvinid]

1. The major risk as for investing in bitcoin would be its volatility. When people hear success stories of people who have profit in bitcoin ignores this fact.

2. There is no way to avoid volatility for bitcoin but you can reduce the risk that you will take through buying ans holding it. Desiring to day trade will put you more into risk.

Indeed, right? But, I actually love how the volatility works for us, it helps more than what we think. Volatility is not a thing we worried about, what we worried more about is to miss this opporunity because there is no coming back. We might not able to see 1BTC= $10k or $20k again in the future.

People might afraid of this, maybe they should afraid if there is no movement on their investment. Because the truth is that, there is money in this kind of trend, up and down, it gonna be easy to manage if we are not emotionally affected to it.

[repear7]

I believe cryptocurrency trading has high market risk. And, I also believe cryptocurrency trading is best way to make money from cryptocurrency.

Risk will be doubled if you invest money in scam or demand less project. I always research the project background, Product and future plan before investing a penny.

And If you want to invest in only btc,  then buy btc at right time and hold. Then sell at right time.Market analyzing is important here.

[ubercool]

As many here observed, the most tricky part about using crypto at a business would be the volatility of the coin. Therefore the solution is to use the crypto and your local exchange or bank together and convert the crypto at the same time you receive it. If you want to trade then trade it in the free time, but not with the business money, which you might need to buy back the store stocks. I have seen many intermediary entities doing this for small and medium-sized businesses.

[bittraffic]

Major risks are often just what kind of market is the current market so if you get in crypto trading while there is a bear market, it's going to be bad timing for you.
Not knowing the market trend. The charts will always tell you what is going on, it pays to learn it. If you go into crypto trading without knowing this, all things after it will result in bad decisions.  Keep in mind to just trade on BTC/USDT, this is where traders cram together.

  

[XZERO1]

1. what are the major crypto risks that one should know and avoid by all means.

-You should know some basic technical stuff before entering this space, or at least you should know what are private and public keys and what are the best ways to store your crypto and you should have some experience with sending transactions here and there to get some grasp on how the whole thing works.

-The other one is that it's volatile in price and you should in no way go overboard on investing in crypto and put the money in it that you can not afford to lose.

2. How do we tackle these risks or are there way to tackle the risk?

Well, as crypto gets more user friendly which is expected to happen as more time passes, you could expect it to be easier to understand for beginners so the first risk that I mentioned will be eventually minimized.

As for the second risk, you can't do that much about it, and the only thing that could have some impact on that would be when more money flows into crypto market, more liquidity and volume usually leads to less volatility and again therefore minimized exposure to risk for investors.

[maydna]

I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."

I would want to focus on trading and Investing. But, i want to know what you think on the following;

1. what are the major crypto risks that one should know and avoid by all means.

2. How do we tackle these risks or are there way to tackle the risk?

We can use btc trading and investing as a case study.

The major risk of crypto investing is the volatility of the price. When we talk about price volatility, we should understand that we need to the responsibility for our money and know how much money we should use to invest in crypto.

We can't avoid the price volatility, and we should accept it because the crypto investment is not the same as investing in gold or the other thing. But if you use bitcoin as an investment, you should not panic because of the volatility because you need to set how long you will withdraw your investment. And before the time to withdraw comes, you need to stay calm with the volatility and not thinking about fast selling because of the down of the investment value.

Perhaps, that is the way to prevent the risk, but I am sure there are more ways that you can use to prevent the risk, and that will depend on our experience to handle the risk.

[kotajikikox]

1. what are the major crypto risks that one should know and avoid by all means.

First and foremost is the Volatility , people must understand that there is no permanent growth , instead crypto coin will always goes up and then down , or vise versa.

2. How do we tackle these risks or are there way to tackle the risk?

Tackling the risk is just a formality of our investing , but the thing is like what the majority of the investors that lives here?

"Invest what you can afford to Risk" than term explains a lot for a knowledgeable person.

We can use btc trading and investing as a case study.

Well Use BTC for best example about the transaction fee as it is increasing mostly, and Use low fee coins like Ripple or Dogecoin for another option and ideas.

[gregy45]

In my opinion, the main risks are as follows:

1. Theft or loss by negligence
If an attacker gets access to the investor's private key, they can steal absolutely all the contents of the digital wallet.
2. Lack of security
One of the biggest risks is that the Bitcoin virtual currency is not backed by anything. Absolutely all national currencies of different countries of the world are provided with state assets. Electronic currencies are backed by the assets of the companies that created them.
3. Risks related to cyber-security
Hackers can hack into virtual currency trading platforms. For example, in August 2016, one of the largest cryptocurrency exchanges, Hong Kong's Bitfinex, was hacked and stolen 119,756 BTC, or $ 72 million, which led to an instant drop in the Bitcoin exchange rate by 23 percent.
4. Virtual Currency Fraud
Since the creation of Bitcoin, its adoption has grown exponentially, making it the most popular virtual currency used around the world. Unfortunately, with the growing popularity of cryptocurrencies, the number of scammers who want to make money on it also increases.
5. Lack of consumer protection
The unpleasant fact is that Bitcoin does not provide any consumer protection. The completed transactions can no longer be undone. All you can do after a failed transaction is trying to convince the recipient of the funds to voluntarily return them. This is a consequence of the fact that there is no intermediary guarantor, as in the case of bank cards.
6. High volatility
Fluctuations in the value of Bitcoin, in general, are almost unpredictable in the short term, and this adds to its riskiness. Financial experts can predict the value of the dollar, euro, and other real currencies or stock quotes relatively accurately.
7. The risks associated with the development of technology
The technological component often develops very quickly, and sometimes even uncontrollably. Everyone knows that Bitcoin already has and continues to have a huge number of competitors almost every day. Although Bitcoin is the most recognizable and popular cryptocurrency, there is still a very real technological risk that another more advanced virtual currency will appear. Investors simply may not notice the moment when their virtual funds lose their real value.
8. Regulation of the currency
Today, each country has its own approach to regulating cryptocurrencies. The lack of a single well-thought-out system for regulating cryptocurrencies only increases the uncertainty factor regarding their future. Regulators in many states are concerned that Bitcoin and other cryptocurrencies may be used for speculation, drug trafficking, money laundering, terrorist financing, and other illegal transactions. With the growing popularity of cryptocurrencies, the state authorities of many countries are beginning to actively come up with various legislative initiatives to regulate the turnover of Bitcoin and other virtual currencies.
9. Taxation of virtual currencies
This factor follows from the previous one. Investors who are going to invest in cryptocurrency should also take into account that there is considerable uncertainty regarding the taxation of the circulation of virtual currencies in different countries. In some jurisdictions, cryptocurrencies are considered an asset; in others, they are not.
10. The problem of network scalability
The problem of scaling the Bitcoin network has not yet been fully solved. Network bandwidth has long been a concern, and the growth of commissions makes small transactions not quite profitable (for example, transactions that are associated with the sale of BTC mined on Bitcoin cranes), and transactions with a large commission are also increasingly "stuck" in the network. Of course, they have been working on a solution to this problem for a long time, but so far none of the proposed options is an ideal solution. And if the problem of network congestion worsens, it will affect the position of Bitcoin as a payment instrument.

[jerrison]

The major risk in crypto business for me is lacking informtion. You see, the volatility in the space ahs brought about the need for people to be kept abreast with the latest occurences and events as it concerns their portfolios and timeline of roadmaps. If you hold a bag of a particualr project and refuse to keep updates of that project, you might wake up one day only to find out that the roject has migrted to another possible chain thereby leaving you out(that is an automatic burnn on your tokesn and in turn lost money as an investor). you actually will not hold anyone accountable as there is every tendency that announcements were made and enough time was givento remdedy or act on whatever information was disbursed.

[Sterbens]

In my opinion, the most fatal risk is when you want to invest but you don't know what crypto you are investing in. Brought on by Fomo and starting off on the wrong foot. and to overcome it you only need to learn before falling already.

wait, are you looking for answers to the questions you really need. do you need a reference for the book being compiled?

[AniviaBtc]

Risks in cryptocurrency investments are depending on how you deal and work with it in the market.

It also depends on you on how will you handle your assets or capital so that you will make it grow or you will make yourself effective with it.

Trading, Investment or Gambling, name it, there's always a risks when there's money and market volatility so you need to become aware about that.

[androyster]

One risk from a business perspective is the same risk everyone else has, volatility.  At least with a dollar the value remains somewhat constant other than inflation which is relentlessly tracked and measures have been put in place to help prevent it.  With Bitcoin you could sell a car for one BTC today and it might not be worth half as much tomorrow.  That is a Business risk!  Bitcoin will never replace fiat.  It's not meant to do that.

[Golftech]

I believe cryptocurrency trading has high market risk. And, I also believe cryptocurrency trading is best way to make money from cryptocurrency.

Yes trading is one o the best way to earn from this industry, if you have good

knowledge and enough patience to work with volatility, the chance of getting

good compensation is really high.

Risk will be doubled if you invest money in scam or demand less project. I always research the project background, Product and future plan before investing a penny.

Scam are everywhere, not doing your DYOR will risk your money, you need to make sure
to take your time researching and not just to blindly follow anyone's predictions.

And If you want to invest in only btc,  then buy btc at right time and hold. Then sell at right time.Market analyzing is important here.

Investing is not easy, timing is very important volatility once you learn the right way

you'll be in good hand.

[Trinx01]

The major risk in investing and trading in crypto that a beginner may encounter is the volatility of the bitcoin on which no one can assure profit in terms of both things, the second risk that we may encounter as well is choosing or finding a legit crypto exchange, there is already a lot of fake exchange that a beginner may encounter upon exploring the crypto world so you better choose the overrated and well-known exchange to assure that your money is safe. Would be better if you also include these things in your lecture:
1. Basic introduction about cryptocurrency.
2. Decentralization

Anyway, Goodluck with your lecture, wish you success.

[isaac_clarke22]

~

There are many risks, but don't let it get into you too much.
Volatility is the one that many would think.
Vulnerability is the second because imagine that your money is in digital and a piece of hack could still all your money from it.
Just don't use online wallets so that you'll at least lessen the risk and keep your pc clean for obvious reasons. If an account is hackable, so does a wallet.

I am looking forward for you case study. I conducted mine but it wasn't the successful back in 2017.

[panganib999]

~

There are many risks, but don't let it get into you too much.
Volatility is the one that many would think.
Vulnerability is the second because imagine that your money is in digital and a piece of hack could still all your money from it.
Just don't use online wallets so that you'll at least lessen the risk and keep your pc clean for obvious reasons. If an account is hackable, so does a wallet.

I am looking forward for you case study. I conducted mine but it wasn't the successful back in 2017.

I agree to this idea. Cryptocurrency itself is a very high risk way of business commonly because of its aspect that it is too much volatile kind type of online or digital money. The earnings or profit making is a very good in terms of making it possible yet the loss or the rapidly bankrupt idea is also one of the possible outcome. I suggest that if you want to go on in cryptocurrency business or simply in some trading  or gambling, you must know a lot things about it and what are you're coming in. For me, personally it is hard to get back or to recover from loss in crypto, but if you have enough knowledge, you will earn good I guess.

[mezzaluna]

I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."

I would want to focus on trading and Investing. But, i want to know what you think on the following;

1. what are the major crypto risks that one should know and avoid by all means.

2. How do we tackle these risks or are there way to tackle the risk?

We can use btc trading and investing as a case study.

One major Cryptocurrency risk that everyone should know is the volatility of every cryptocurrency. The possibility of every cryptocurrency to drop its value to almost close to nothing. This should be kept in mind ALWAYS because nobody knows when will it all collapse or at least decrease in value. This risk is unavoidable but they should just expect this to happen and must be willing to take the loss that it will bring to them.

This risk can be premeditated when you keep track of everything you are doing within the Crypto Industry. They must be careful in choosing when to invest and what to invest on. They must always have a backup plan in case things go south. 

[GeorgeJohn]

Shall everything has a secret to protect it's occurrence of disadvantages but in cryptocurrency its diverse and differs, because the way another user understand the concept of risk measures in cryptocurrency might not be to another, so it involves the areas of concentration in crypto network..

Now buying and selling of bitcoin is also a risk,
Buying and holding Bitcoin it's also risk,
Buying only a particular coin its risk also,
So everything is base on luck not necessary to prevent risk because the risk is what kept btc moving.

[rosebrand]

The major risk in crypto is its volatility in prices but at same time the volatile price is what really makes crypto beneficial to traders and investors, so about the price volatility one should just know how to manage risk and also use a good  strategy when trading and When investing always buy low and sell high. Another risk is buying a shit coin, before investing in any project or new coin always make research and be sure the project or coin got good potentials.

[Wenbing]

It seems to me that you want somebody to spoonfeed you and give you all the information you need without any effort on your side.
The biggest crypto risks in trading/investing are:
1.Choosing a crypto exchange platform that isn't legit.
2.Look at the first rule.
If you don't plan to start crypto trading,then buying and HODLing BTC in your own wallet is your best bet.
In that case,keeping your private keys is the most important thing.

I already done my research about the topic but I feel it'll be mutually helpful to ask such question here.

[ecnalubma]

The risks that comes to my mind when it comes to businesses engage in crypto is that how they manage cash flow. A regular business that deals with fiat currencies can operate normally however businesses operating using crypto could be a different story, due to fluctuations of Bitcoin and other cryptocurrency assets it will be challenging for a business to manage their financial flow.

[TribalBob]

the risk that must be faced is this 'LOSS' which often makes everyone feel sorry for joining crypto,
but if we already understand and can read the market losses can be minimized. examples of losses that often occur in beginners buy tokens while on Fomo.

solution, look for tokens that are not yet Fomo, usually the market will give you a code for which coins will rise in the near future, you can choose and all return to luck

[Ridwan Fauzi]

Investing and trading without an understanding is very useless. I always recommend to anyone who ask me when he want invest and trading in bitcoin then he should buy a book first to learn how to trade or how to invest well.

At least he will know the basic strategy how trade/invest so as he can apply when he start. This thing will avoid someone who just comes and he leaves becuase he gets a huge lose and never come back to invest.

But, when he has known about how to trade and how to invest although he got lose he will come back later. He will be curious and even he will learn more to get profit in the market. After that, if he just get a first profit I believe he will learn more about trading/investing strategy.

[Quidat]

1. what are the major crypto risks that one should know and avoid by all means.

2. How do we tackle these risks or are there way to tackle the risk?

Risk:

1.Volatile
2.Not regulated
3.Hacks/Scams
4.Fomo/Fud


Tackle/handling it out:

1. Read up the basics on how crypto work.
2. Common sense
3. Good emotion handling
4. Good risk management

[LUCKMCFLY]

I suggest that you emphasize before going into details what do you want to achieve? If they want to be investors or if they want to be market speculators, because there they encompass two concepts that are very important in what you are looking for.

The mind of an investor is not the same as that of a market speculator, you cannot talk about investment with a market speculator who is dedicated to short-term trading. And also, if you look at it, long-term investment will always pay off, if you take the history of bitcoin since 2009 you realize that as time passes it acquires more value, and if more people join the market it would generate more demand and therefore supply decreases causing the price to continue rising.

When it comes to market speculators, you can emphasize how you can study the market, without tools, indicators, fundamental analysis, you have to know that not all people have an identical financial culture, some do not have it and others may have it very advanced, you must handle concepts in a very general way that everyone can understand.

[MCobian]

The major risk in crypto and we must overcome is volatile prices, this on the one hand can make some people feel a large profit. Meanwhile,
on the other hand, it can make some people lose capital.  Therefore trading and investing in the crypto world must have knowledge of how to
analyze the market, so we can find out when is the best time to buy coins and when we have to sell them.

[Viscore]

The major risk in crypto and we must overcome is volatile prices, this on the one hand can make some people feel a large profit. Meanwhile,
on the other hand, it can make some people lose capital.  Therefore trading and investing in the crypto world must have knowledge of how to
analyze the market, so we can find out when is the best time to buy coins and when we have to sell them.

This is all beyond our control and if we can't manage ourselves to control our emotions, that surely brought us to losing sides. People are mad when the price dump but some were also happy with that, the same thing when the prices are high.

Volatility makes people become in doubt, makes them afraid to take the risk but if they understand that volatility makes people become profitable, they will jump in here. We have to say then that crypto investment is only for the risk-takers and that willing to change their mindset and behaviors. And we know that this is not for everyone.

[Ryker1]

^[snip]
 People are mad when the price dump but some were also happy with that, the same thing when the prices are high.

Well, because in crypto there are two types of people who want investments.
Those are crypto holders, they want the price will pump up to see their profit and immediately cut it off once they had. On the other hand, those who want to invest, are waiting when there is a correction in the market or when it will dump. Not all are happy to see that there is an always all-time high in the market, that is why there is no continuous growth of the crypto price, it should be volatile by its nature.

[Emerald688]

^[snip]
 People are mad when the price dump but some were also happy with that, the same thing when the prices are high.

Well, because in crypto there are two types of people who want investments.
Those are crypto holders, they want the price will pump up to see their profit and immediately cut it off once they had. On the other hand, those who want to invest, are waiting when there is a correction in the market or when it will dump. Not all are happy to see that there is an always all-time high in the market, that is why there is no continuous growth of the crypto price, it should be volatile by its nature.

i agree that sir. there are times when people are happy when the price of Bitcoin goes up and there are those who feel sad when bitcoin goes down. when the price rises they can be sad because they cannot buy at the price under. When the price is high, some are very happy because they can take profit. that's the ups and downs in the crypto world, especially bitcoin. so let's enjoy it happily.

[Wawa2013]

The major risk in the crypto world that worries me the most is a lot of scams, I have very often found newbies creating threads in this forum saying
that they were victims of scam. Actually the problem is in ourselves why we become victims of scam, from the results of the research that I have
done. Most of the people who are victims of scam, because they cannot control their greed, want a profit in a short time. And also lazy to do research
when deciding to invest, which results in investing in scam projects.

[Willitivity]

I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."

I would want to focus on trading and Investing. But, i want to know what you think on the following;

1. what are the major crypto risks that one should know and avoid by all means.

2. How do we tackle these risks or are there way to tackle the risk?

We can use btc trading and investing as a case study.

I wanted to give a more general outlook of the risks in crypto that people usually face but since you're concentrating on trading on investing, I will do the same. For investing, the major risk is investing in a scam or in a project that has no headway. I don't think one is worse than the other but issues like that can be easily resolved by putting more time in researching projects before jumping in with real money. For trading, I'll use Bitcoin as a case study. Trading is exhaustive skill to learn and the greatest risk with trading bitcoin is that 95% of traders buy tops and are the first to line uo orders to sell shorts too. It can be solved by taking time to learn how trading works even at the fundamental level.

[DarkDays]

Especially when talking about cryptocurrencies in general and not specifically with bitcoin, the "diversification" misunderstanding. People tend to think that putting your money solely on bitcoin is "risky", so what they do is "diversify" to other cryptocurrencies(and mostly shitcoins) lol. True diversification is allocating funds to other assets classes like stocks, real estate, and etc.

I take you up on that @mk4. True diversification is across the financial field not just the crypto space. I do disagree though that this doesn't mean you cant diversify in crypto, sure you can - just by looking at alts that are not completely dead with a fake community. Going for the next 20 alts would be a nice diversified portfolio or at least some diversification 

[Lauren Smith]

Never invest what you can't afford to lose meaning if losing it will reduce your quality of life do not invest that much invest less.

Do not take out loads you might not be able to pay back if things go wrong this means not only do you lose money on the investment but you are now paying interest on a loan you can't afford to pay back anytime soon, you will become desperate and we do silly things when we are desperate.

Strike when the iron is hot. If the value of your coin has grown to the point where the return in a large amount does not keep holding in case it crashes. Sell as many coins as you can in order to pay yourself what you feel you deserve and then hold onto the rest. Meaning gets your ROI and a small profit at least.

Never sell too early especially during dumps, if it is a coin you believe in this is the time to buy not sell.

Never trade while hungry/thirst/ under emotion strain or distress /tired/ drunk / high / etc. You need a level head when you trade. Rather sleep if you are tired. You might lose out on a good deal but what if you so tired you make a huge and costly error? Better to be of sound mind at the time of trading.

Always withdraw your coins from your exchange account asap. An exchange is not a wallet it is not there to protect or store your coins it is there to trade. It is a market. Withdraw when you re done.

Set up a pin code when trading that is asked before each trade. This prevents mistakes.

Other than that there are the other things the others have already been mentioned. These are just some of my personal ideas.

[seoincorporation]

I think the biggest risk is volatility, and i say this because if the coin goes down 40% that means we already lose 40% of our money for the simple fact of being a holder.

People who start a crypto business should consider this risk before accepting bitcoins as an official payment for their business.

[Twinkledoe]

Especially when talking about cryptocurrencies in general and not specifically with bitcoin, the "diversification" misunderstanding. People tend to think that putting your money solely on bitcoin is "risky", so what they do is "diversify" to other cryptocurrencies(and mostly shitcoins) lol. True diversification is allocating funds to other assets classes like stocks, real estate, and etc.

I take you up on that @mk4. True diversification is across the financial field not just the crypto space. I do disagree though that this doesn't mean you cant diversify in crypto, sure you can - just by looking at alts that are not completely dead with a fake community. Going for the next 20 alts would be a nice diversified portfolio or at least some diversification  

Because not all alts are worth to take risk with. Many of them are really crap. So yeah, diversification goes beyond here. Why not go into real estate if you have the money?  But for most small time investors, they opt to invest in other alts because they are hoping to increase many fold of their investments, they should be very careful in such thought. Most failed in crypto investments, because let us admit, there are so many crap projects that only deceived these investors for get-rich-quick scheme that never materialized.

[Rengga Jati]

I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."

I am a little confused by this, you want to give a lecture at the end of the week and you are part of the Crypto book am working on.
isn't it strange, if you already want to do this, you shouldn't have to ask this question here, because you are already a more expert? If you also want to convey this here, you should write your version first, what your thoughts are, then the members here will provide their input or ideas.

Well, basically for me, the major risks of crypto:
- Scammers
- Losing money
- Stressful
- Unstable emotion
- Hackers
- Liquidity
- Hype and FOMO traps
- and many others.
Well, actually they're very common risks and will happen if we don't know crypto.
Moreover bout the last, nowadays, many people are trapped in the hype and also fomo that make them lose much money and then go away from crypto by the mad emotion. They did it because actually, they entered the crypto world without learning at first.

remember, Crypto is something promising, but it can also destroy us quickly.

I think that reading and earning is also the key. We can read much information from this forum, other websites, and also trusted reputable YouTube so that we can know the basic risks of crypto. It is not only about profits but also about the risks. The risk is as high as the profits. Better not only following hype or FOMO, but dyor also is better and crosses the information with others. Never also interested in a kind of very promising project with high profits. Ibeaus many scammers also utilize this term, with very high-profit investemnts.

[Silberman]

I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."

I would want to focus on trading and Investing. But, i want to know what you think on the following;

1. what are the major crypto risks that one should know and avoid by all means.

2. How do we tackle these risks or are there way to tackle the risk?

We can use btc trading and investing as a case study.

If you are going to use trading and investing as a case study then I think you need to make a very heavy emphasis on scams, people are very gullible and they believe almost everything they read, this is bad enough with social media but when your money is at stake this is terrible, you need to teach people that even something as low as 1% per day is practically impossible in this market and you need to teach them that one of the biggest risks is to try to become a trader or investor without any knowledge about those subjects.

[zanezane]

I would say that one of the major risks of crypto is its inherent volatility, we don't necessarily have to avoid, in fact we have to embrace it because this is a good thing for bitcoin and to someone who wants to buy bitcoin at lower price, with a stable price, you won't be able to get a big profit margin in a long term hodling. I consider volatility as a risk for crypto businesses for the reason that if an average person were to engage or planning to engage in a transaction with the business and they see that they were paying the same amount but at the different rate which could be misinterpreted as something bad. We don't necessarily need to tackle this risk, as I have said earlier, embrace it because there are opportunities when volatility is present.

[Xinarae*]

I think the main risks of crypto trading are that traders get very frustrated when the currency price goes down a lot. Being overly sensitive can damage your business this is especially important for short term traders the risk of loss in their case affects them to the extent that it disrupts their planning and strategy it is important to control emotions after a failed business. One of the main ways for traders to lose money is to reduce discipline and chase businesses with unrealistic losses if so you can control the market and get your money's worth right before your eyes.

[skpanchal]

There have been many reports about the computational complexity and energy consumption of bitcoin mining, as one example of some of the technological limitations of cryptocurrencies. This computational complexity may also work in the inverse and pose potential risks to the asset class under the premise that complex systems fail in complex ways

[sunsilk]

1. The major risk as for investing in bitcoin would be its volatility. When people hear success stories of people who have profit in bitcoin ignores this fact.

2. There is no way to avoid volatility for bitcoin but you can reduce the risk that you will take through buying ans holding it. Desiring to day trade will put you more into risk.

Indeed, right? But, I actually love how the volatility works for us, it helps more than what we think. Volatility is not a thing we worried about, what we worried more about is to miss this opporunity because there is no coming back. We might not able to see 1BTC= $10k or $20k again in the future.

People might afraid of this, maybe they should afraid if there is no movement on their investment. Because the truth is that, there is money in this kind of trend, up and down, it gonna be easy to manage if we are not emotionally affected to it.

We're already used to volatility and we're living on it. It's been part of our lives and if there's a sudden plummet or rise, we're already anticipating it because we know that it's how it should be.

The opportunity? it's always been there but usually many are missing it. Because they can't figure out if they should buy if it's already the bottom or they should be patient and wait longer before they commit to buy.

[GeorgeJohn]

1. what are the major crypto risks that one should know and avoid by all means.

2. How do we tackle these risks or are there way to tackle the risk?

Risk:

1.Volatile
2.Not regulated
3.Hacks/Scams
4.Fomo/Fud


Tackle/handling it out:

1. Read up the basics on how crypto work.
2. Common sense
3. Good emotion handling
4. Good risk management

Reading up is only solution to everyone security and also been security conscious, he can equally try to avoid other things via article and personal decision ,and if you don't have the basic knowledge of hacker's and scammers readingup textbooks will help and also using common sense is the highest security I can advice someone to follow, because you might think the best is the information obtained here, while personal initiative can be a highest guild or protector in order to secure cryptocurrency privately.

[ttcsalam]

I can say from my personal experience that throughout the last year there have been many good times for the Crypto world.every Crypto related man take some profit who done bounty or who Related with Crypto Business.But last month we see a big correction.From that we have to learn a Strategy.Where we can make any decision or invest at any moment.

[lifeforcepools]

First of all, you need to understand how crypto and blockchain work, then get some experience in trading and of course prepare yourself for the fact that everyone is trying to deceive you.

[isaac_clarke22]

~

~

Hackers are situational. Just make sure you're not hodling crypto or any forms of coin in an online wallet for obvious reasons.
"If you don't have your private key, it isn't your money, profit, coin, etc".
One would simply freeze your wallet and there's nothing you can do about it. That's even aside from hackers. That's regulation.

[xceltoken_plus]

The risks of trading cryptocurrencies are mainly related to its volatility. They are high-risk and speculative, and it is important that you understand the risks before you start trading. They are volatile: unexpected changes in market sentiment can lead to sharp and sudden moves in price.


Cryptocurrency is digital money. That means there's no physical coin or bill — it's all online. You can transfer cryptocurrency to someone online without a go-between, like a bank. Bitcoin and Ether are well-known cryptocurrencies, but new cryptocurrencies continue to be created.


The biggest risks of investing in bitcoin in 2021:
-Bitcoin is one of the most volatile investments you could make.
-Bitcoin has a bit of an identity crisis.
-Bitcoin is not regulated by any central bank or nation.
-Bitcoin is widely used for illegal activity.

[doctor877]

i believe you have your own points already, this is just an addition. bitcoin volatility is one of the risks trading and investing posses. you can invest or trade and have your money halfed for a long time which without patience you can decide to sell at loss. also having the money to bear loses.

[hv_]

Understanding the very basics of finacial product definitions &  (settlement) systems  + legal & compliance impacts

what a risk, just to follow twitter / social media shills (mostly : number go up)

[Wenbing]

In my opinion, the most fatal risk is when you want to invest but you don't know what crypto you are investing in. Brought on by Fomo and starting off on the wrong foot. and to overcome it you only need to learn before falling already.

wait, are you looking for answers to the questions you really need. do you need a reference for the book being compiled?

Sure, i will surely give credit by referencing appropriately the sources of my information. I will appreciate more if you have further recommendation regarding materials and other helpful resources.

The major risk in investing and trading in crypto that a beginner may encounter is the volatility of the bitcoin on which no one can assure profit in terms of both things, the second risk that we may encounter as well is choosing or finding a legit crypto exchange, there is already a lot of fake exchange that a beginner may encounter upon exploring the crypto world so you better choose the overrated and well-known exchange to assure that your money is safe. Would be better if you also include these things in your lecture:
1. Basic introduction about cryptocurrency.
2. Decentralization

Anyway, Goodluck with your lecture, wish you success.

Thanks so much for the advise. I will surely give a background explanation of cryptocurrency and decentralisation before diving deep into the crux of the matter.

[moderator's note: consecutive posts merged]

[Innerpumper]

The main risk in the crypto business is when we can't manage assets well, buying coins when it's up. and panic buy/sell. Some of these things are often done by people who are new to the world of crypto trading they can be minus up to 80% when they think that trading is gambling. Buying without technicality is also a major mistake.

[adzino]

So you know crypto "business" isn't limited to trading or exchanging only. So I am going to point out some "risks" involved when dealing with crypto currencies.

1. Don't forget about the volatility. Most of the business that accepts crypto currencies are the one that does through a third party payment gateway that converts the bitcoin and gives fiat to the merchant. In other words, the merchants allows you to pay in bitcoin but receives fiat currency. So they aren't in any risk. But when you accept bitcoin without converting it to fiat, keep in mind about the volatility of the coins. You receiving $1,000 worth of coins might become $800 by the end of the day. The same volatility risk applies for trading.

2. Make sure you use an exchange that is well known and well established. The risks of exchanges getting hacked are very high. Most of the exchange claims that they are invulnerable but we all know that hackers are always one step ahead of everything. So make sure once you are done trading, move your coins to a safe place.

3. Once you lose your coins, it is almost impossible to get it help. So make sure you don't get "scammed" or lose your coins due to being lousy.

[Latviand]

Before you invest on bitcoin, you should know the risks and why it is the enemy of an investments.

If you don't know how to deal with risks and you don't know how to overcome them then you will surely have a problem on making your assets grow.

I just want you to understand that bitcoin is not always about winning money and earning profits. It is also about risk management and how can you adapt in the market movement because we all know that it is volatile. We are here to learn about this and to apply it in our investment no matter what platform you are in, even trading, or investment or holding.

[shoreno]

i find it cool when someone is an author of its own book but there will be no more surprise if you are going to lecture the contents of your book . you work hard to create it and you can sell it , create an ebook version of it for profit aside from producing a phyiscal copy . dont worry about us because there are still free topics on here and outside the forum about risks in a crypto business  and infact most of us already learned alot but if we want to expand that knowledge grabbing a copy of a book can be more effective for learning .

[Reatim]

i find it cool when someone is an author of its own book but there will be no more surprise if you are going to lecture the contents of your book .

There's no need to lecture instead they only need to summarized the context so people might have idea what's inside and how interesting this will be.

you work hard to create it and you can sell it , create an ebook version of it for profit aside from producing a phyiscal copy . dont worry about us because there are still free topics on here and outside the forum about risks in a crypto business  and infact most of us already learned alot but if we want to expand that knowledge grabbing a copy of a book can be more effective for learning .

Why not create both? there are still people that loves reading physically and not just those internet copy .

Like me i love Books , and i am not a fan of internet reading unless i have no choice but yo read from it.

[pungopete468]

The major risk in opening crypto business is the volatility of the coins in just a matter of second or hour the price would crash so fast that may affect your business that's the only risk that we should be concern of also I think for major currency like Bitcoin and Ethereum the transaction fee should be consider as well.

[Silberman]

3. Once you lose your coins, it is almost impossible to get it help. So make sure you don't get "scammed" or lose your coins due to being lousy.

This is a very important point that should never be dismissed, people are used to fiat currencies and banks in which if you happen to get scammed there is a way to get your money back or to demonstrate that you were not the one to make certain transactions and uou can recover your money, this market does not work like that and many people do not known this which is why they do not take their security as seriously as they should take it and once they find out about this they get disappointed in cryptocurrencies when they are the ones at fault for not knowing in what kind of asset they were investing.

[best123]

There are several risks in Cryptocurrency just as we have in other businesses. Every cryptocurrency trader or hodl should a target when trading or holding a token. Remembering that greed is the mother of major losses in cryptocurrency, avoid it.

[uelque]

I'll give my insights about trading as I am a simple trader (not a pro though).

One major risk in trading is of course trading without the proper knowledge. It isn't a simple betting event wherein you will either win through luck. Having the extreme volatility of almost all cryptocurrencies, luck is not enough. Make sure to first invest on informations before doing so.

And the second one is Exchange. You have to choose the right exchange of course. Top exchanges for sure can't simply be hack by anyone or group of individuals because it offers a high level security so I'll go with that.

There is this time in my life (when I was a newbie) where the exchange I commonly use got hacked. Luckily I already remove my funds a day before it happen. Luck I guess.  
But that was long time ago, exchange security must have been improved by this day probably.

[panganib999]

The major risk in opening crypto business is the volatility of the coins in just a matter of second or hour the price would crash so fast that may affect your business that's the only risk that we should be concern of also I think for major currency like Bitcoin and Ethereum the transaction fee should be consider as well.

The major idea of crypto businesses is that you need to know wether where to selll and where to buy. I agree that one of the risk in cyrpto is that its being volatile because this means that each minute or even seconds, the price of a single coin or token will change. It might go up and it might go down. I think it is depend on the market trend and transactions as well as the whales or the large buyers and sellers. Crypto business is risky because you will invest in a thing that isn't stable and very volatile. Instead of earning and making profit. You might be lose and end up in bankrupt.

[robertjack]

I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."

I would want to focus on trading and Investing. But, i want to know what you think on the following;

1. what are the major crypto risks that one should know and avoid by all means.

2. How do we tackle these risks or are there way to tackle the risk?

We can use btc trading and investing as a case study.

The instability of cryptocurrencies is the key source of risk while trading them. They are high-risk and speculative, and you should be aware of the risks before you begin trading. They are ephemeral: Unexpected shifts in market sentiment will result in price swings that are both abrupt and sudden.

[lifeforcepools]

Scammers and mistakes. Here are the main risks in the crypto business.

[pinggoki]

There are several risks in Cryptocurrency just as we have in other businesses. Every cryptocurrency trader or hodl should a target when trading or holding a token. Remembering that greed is the mother of major losses in cryptocurrency, avoid it.

People are born to be greedy in which people wants more and more and it is an traditional that people will never be contented no matter how much they have, just like imagine those people in the government, they have a lot of money but still they are not contented on it and that's normal because that attitude of people is really hard to avoid. You need to know that even you are greedy there are some good aspects on it in which you can hit a big jackpot or lost so much.

[Smartvirus]

The only risk which scares people the most though, not particularly to investors or crypto enthusiasts at most, is the fact that, some people are still scared that one day, bitcoin would crash or suffer a blow that could drain its market totally. This is an unlikely event that only the pros in crypto are sure won't come to pass. With the decentralized nature of bitcoin and the activities of miners.

The other risks that investors face which all ends in lose of bitcoin are

Phishing attacks
Private key theft
Attacks from hackers on wallets and exchange
51% Attacks

These are only but a few but then, the research on risk continues.

[milani]

I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."

I would want to focus on trading and Investing. But, i want to know what you think on the following;

1. what are the major crypto risks that one should know and avoid by all means.

2. How do we tackle these risks or are there way to tackle the risk?

We can use btc trading and investing as a case study.

Key moments in investing are to operate only with those assets that you are ready to lose, because there is always such a risk. Cold heart and hot mind is another key moment. Because in lots of cases emotions are our main enemies in investing or trading. And making deep analysis before any serious step, it will give a chance to prevent you from mistakes and losses.

[ReiMomo]

The other risks that investors face which all ends in lose of bitcoin are

Phishing attacks
Private key theft
Attacks from hackers on wallets and exchange
51% Attacks

These are only but a few but then, the research on risk continues.

All of these are right and most common from most investors that experienced. Also, addition, losing their private key and even password and will turn that their bitcoin investment will lock forever in the wallet and no one will get it there. There are too many stories that I have heard the same like this, so it must be included in the risk that will I guess may face by the investors in the future.

There are many risks to consider if you are a newcomer to the crypto world, do your own research before investing in it, and should importantly understand the basic information of the bitcoin principle.

[Mahanton]

There are several risks in Cryptocurrency just as we have in other businesses. Every cryptocurrency trader or hodl should a target when trading or holding a token. Remembering that greed is the mother of major losses in cryptocurrency, avoid it.

People are born to be greedy in which people wants more and more and it is an traditional that people will never be contented no matter how much they have, just like imagine those people in the government, they have a lot of money but still they are not contented on it and that's normal because that attitude of people is really hard to avoid. You need to know that even you are greedy there are some good aspects on it in which you can hit a big jackpot or lost so much.

As a human then that greed is really always a part of us, it is just a matter on how we do control up this emotion when we are already dealing with money.Some cant really just able to handle it out
and some do able to suppress it down.This doesnt only limit out with traditional fiat business but also with crypto as well and even though the risk do always talk about theft but one thing is
the most common problem with crypto business is about volatility.If you are businessman who doesnt like to have volatile profits in forms of crypto then this market isnt really
for you knowing that crypto assets are volatile no matter what its neither you would be earning profit aside from those profits or would typically lost a big portion of it when the
market tends to shift.

[Shasha80]

Many people say that crypto is an investment that has a high risk, but sometimes people don't understand why crypto actually has the highest
risk compared to other assets. Even though when we first get to know crypto, usually the first thing that makes us surprised is the volatile
crypto price. So in my opinion, the major risk in the crypto business is the volatile price. Then the best way we can solve it is by learning how
crypto works. Learn all things about crypto and learn how to analyze the market, it will let us know when is the best time to buy and sell coins.

[hv_]

Too much fake (USD) running the show

[Flying11Horse]

I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."

I would want to focus on trading and Investing. But, i want to know what you think on the following;

1. what are the major crypto risks that one should know and avoid by all means.

2. How do we tackle these risks or are there way to tackle the risk?

We can use btc trading and invest as a case study.

The major risks in trading are to put all of your investment only on one coin. This is hazardous, if the price of a coin suppose Bitcoin is increasing and you think that it will keep on increasing then my friend you are wrong, this crypto world is unpredictable as it is not controlled by anyone. You can tackle these risks by investing in multiple coins and getting profits from there and also being persistent, it is the key factor in trading.

[Jordi129]

when the currency price goes down a lot. Being overly sensitive can damage your business this is especially important for short term traders the risk of loss in their case affects them to the extent that it disrupts their planning and strategy. When investing always buy low and sell high. Another risk is buying a shit coin, before investing in any project or new coin always make research If you want to trade then trade it in the free time, but not with the business money, which you might need to buy back the store stocks.

[mezzaluna]

Crypto is still in adoption stage so it should be prone to pump and dumps which led a newbie to get rekt, trading should be the best approach for teaching people the cons on investing and to make them understand why its very risky. Teaching them the how the market works and volatility should be main fundamentaltopics.

That is quite true, if we want them to learn everything about Cryptocurrency, having them see trading is one of the best ways to give them information. They can also ask a lot of questions that would pertain to a lot of vital facts about Cryptocurrencies and from that point, they will have the curiosity to try it themselves. We could also teach them the low risks things that they can do to slowly adopt Cryptocurrencies.

[ven7net]

I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."

I would want to focus on trading and Investing. But, i want to know what you think on the following;

1. what are the major crypto risks that one should know and avoid by all means.

2. How do we tackle these risks or are there way to tackle the risk?

We can use btc trading and investing as a case study.

I believe that you are doing important work and could probably help many investors who invest in cryptocurrencies to become more professional and save them from losing personal funds. I would recommend that you draw the attention of your investors to the problem with the choice of crypto-exchanges, as well as to the correctness of choosing an investment option. This is very important, since very often people do not invest in a verified asset or on an unverified crypto exchange. As a result, already at this stage, many are losing money.

[nightxglow]

I guess the major risk in crypto is the volatility of the price. Like, bitcoin can really go up and down drastically. Other investments are like that too though, but i ever experienced the phase where bitcoin price is really really high, and then in no time bitcoin went down real fast, till it feels like it has no more value. Not true though, it still has great value, just because of the drastic fall it just seems like it. How to tackle the risk? Well, pretty sure we can't do that thoroughly. We just have to realize about the risk, making the right decision, and don't act reckless. We need to face big risk to earn big profit as well

[BevNation]

Uncertainty is where the major risk in cryptos lies and uncertainty is what cryptocurrencies and trading them is about. So one who has managed to get his or her predictions about the events that plays out in the market right is sure to tackle the uncertainties with crypto to a high extent.

[angrynerd88]

Risk factor included in each business,Crypto Trade is additionally full of risk.If you dont know around crypto to begin with of all learn approximately crypto and teach yourself that can minimize the chance of loss. Before getting in a crypto commerce arrange and target the group of onlookers at that point take activity to actualize plan.There is extraordinary future of crypto and in the event that any one begin crypto trade in early age will lead the showcase in future.

[taufik123]

Cryptocurrency has many risks that will make you beginners think about entering and investing in crypto. The main risk that exists with crypto is the problem of very high price fluctuations. Imagine that in just a few seconds fluctuations can move quickly, from an increase of 10% to -70% or more. If you as an investor are ready for this risk then it will not be a problem, but if investors are not relatively tolerant then don't enter the crypto market.

Apart from being volatile, liquidity problems are also a risk. Now there are a lot of crypto assets in the market of approximately 8500 crypto assets and if they do not have liquidity they will not be able to sell them.

and the last one is that the purchase of crypto assets must be made on a credible exchange that has been trusted by many people. This will be a risk to watch out for, as many fake exchanges create traps to attract new investors.

[AakZaki]

Crypto is still in adoption stage so it should be prone to pump and dumps which led a newbie to get rekt, trading should be the best approach for teaching people the cons on investing and to make them understand why its very risky. Teaching them the how the market works and volatility should be main fundamentaltopics.

not just a beginner who will get a rect, even a professional will experience it when their emotions cannot be controlled and do not trade with the strategies that have been made.
Cryptocurrency does have a high enough risk with fast price fluctuations. But on the other hand it will be a huge advantage when you can read the market and make the right trades.

[panganib999]

Crypto is still in adoption stage so it should be prone to pump and dumps which led a newbie to get rekt, trading should be the best approach for teaching people the cons on investing and to make them understand why its very risky. Teaching them the how the market works and volatility should be main fundamentaltopics.

not just a beginner who will get a rect, even a professional will experience it when their emotions cannot be controlled and do not trade with the strategies that have been made.
Cryptocurrency does have a high enough risk with fast price fluctuations. But on the other hand it will be a huge advantage when you can read the market and make the right trades.

We all know that crypto is a major business that many people taking in but also, if you want to consider bringing business in the world of crypto you must be aware of the risk you might encounter in your way. Cryptocurrency is a decentralized digital money that is so volatile. It's like the assets of the company are unstable because of the unstainability of the crypto. One of the major risk that you might take is that the possibility of you business to crash from something to nothing in just because of a simple, small and unpredictable move. Crypto is a high risk and high reward.

[HanaTenun]

There are so many risks in the world of cryptocurrency such as fraud, hacking, and others but to overcome this, be smart when you store and buy coins, the many scams make me worry about choosing a trusted platform to buy coins and sell them, hacking accounts also makes me a little worried  Lately, because after seeing several posts here about hacking accounts, especially many rich people who claim their accounts were hacked by irresponsible parties makes me more worried.

[TribalBob]

The biggest risk in crypto in my opinion, have to be prepared if one coin that we have falls in value like from 1000 $ in the future it drops to 100 $ and it takes a long time to return to 1000 $.
because with the decline in coins, then we will experience losses and our capital is held back
In my opinion, the biggest risk is losing / holding our money in one of the coins

[stomachgrowls]

I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."

I would want to focus on trading and Investing. But, i want to know what you think on the following;

1. what are the major crypto risks that one should know and avoid by all means.

2. How do we tackle these risks or are there way to tackle the risk?

We can use btc trading and investing as a case study.

1. When it comes to risk then number one would be volatility, if you do hate moving prices in big extent or scale then this market isnt for you but lets talk on the brighter side where this volatileness
    is the main reason on why people do make tons of profits into this market which did really spark out their interest for them to dive in.

    When it comes to Business literally then the only risk i could also say is on the money that you do able to make where it can possibly dip down if you decide to stay it on crypto form.
    tendency of losing those profits is there but we shouldnt exclude out the probability on making profits when the market turns out to be positive.

2. Tackle the risk? Its simply talks about on accepting it and be aware and prepared for it.You cant get rid of it and instead on trying to evade then better deal with it.

[jjdub7]

I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."

I would want to focus on trading and Investing. But, i want to know what you think on the following;

1. what are the major crypto risks that one should know and avoid by all means.

2. How do we tackle these risks or are there way to tackle the risk?

We can use btc trading and investing as a case study.

Cryptocurrencies demonstrate highly volatile price movements. The risk of loss in trading and holding cryptocurrencies can be significant. If you use cryptocurrencies to store value, or rather to speculate on the future value of cryptocurrencies, you always risk losing your money in part or in full if the value of the digital currency falls sharply.

There are also many risks associated with the way your coins, wallets, exchanges and so on are stored.

[Kittygalore]

The biggest risk in crypto in my opinion, have to be prepared if one coin that we have falls in value like from 1000 $ in the future it drops to 100 $ and it takes a long time to return to 1000 $.
because with the decline in coins, then we will experience losses and our capital is held back
In my opinion, the biggest risk is losing / holding our money in one of the coins

So you mean volatility right? I don't think that it won't be a risk anymore because if you look at it, that volatility could be someone's opportunity to get into bitcoin. Always expect losses so you don't run into unnecessary stress of upsetting those losses.

[DatKing]

The first thing one should know before starting to trade in this market is the high volatility of cryptocurrencies. I've seen many people so far who had no idea about these currencies before their first trades and it cost many of them their money. One should never start doing such thing before having proper knowledge about the market.

[goldade]

I do believe that there are risks in every business not only the crypto business. Concerning the risks in the crypto business, Id love to split them into two.
the risks associated with investing in bitcoin (holding bitcoin) and the risks associated with trading bitcoin.
Buying and holding bitcoin is less risky as compared to trading bitcoin but that doesn't mean it's risk-free. I do believe the major risk here has to do with private keys. So many people run the risk of losing the coins in their wallet simply because they didn't securely keep their private keys. There are even those who kept it securely but could not remember where and so they lost their coins. To minimize this risk is to keep the private keys in a place you'd remember .
The risks associated with trading include not trading on a legit exchange, trading coins with no potential, trading with emotions and most importantly, not setting stop-loss

[best123]

When it comes to trading and investment, the major risk is "volatility". It is highly volatile. Several things contribute to it. Example, government factor, economic news, festival, pandemic etc. All these can affect it positivity or negativity.
Another one is greed and revenge trading. You lost $50, therefore, i must gain it back or I won't stop today's trade.

[Searing]

I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."

I would want to focus on trading and Investing. But, i want to know what you think on the following;

1. what are the major crypto risks that one should know and avoid by all means.

2. How do we tackle these risks or are there way to tackle the risk?

We can use btc trading and investing as a case study.

Well, I can only state what I should have been doing ALSO since I got into Bitcoin in 2013 and BTC mining. I should have been selling stuff from my attic

I will otherwise 'die with' due to being lazy for Bitcoin. I 'just' started doing this last month and put $2k into BTC and 'poof' it is now worth 3.5K or some

such. I just match postage and eBay fees to anything I sell on eBay along with the item $$$ ..just to make accounting easy...less hassle for the extra 'dust'

added to the eBay sale. So as far as risk, very little, if you have an attic full of crap ...even if most of it is worth $25-$50 if diligent and the next pump

happens to say $75k you will look like a genius.

Other options would be estate sales or weekend rummage sales....lots of stuff you can pick up there and flip for 3x the value on eBay or fix up a moped

or other stuff. The catch is ..it is soooooo boring!

But anyway, motivated now, bit by bit it is starting to add up. So what I tell 'newbies' to Bitcoin now....'attic mine' it is the only way to go!

Brad

[galestorm]

I'll give you two major crypto risks that I know of when it comes to investing and trading. First is that crypto currencies are volatile. They are prone to unexpected changes in price. Surely everyone here has witnessed the value of a coin to quickly drop by hundreds, if not thousands of dollars, and some have even seen its value to unexpectedly increase by tenfold. Second is that crypto currencies are susceptible to errors and hacking which is not surprising considering that these are digital assets that circulate through a virtual platform. There is no way to avoid the risk of a volatile coin, all crypto currencies dont have a stable price. It is your choice whether you'll take the chance to invest or not. On the other hand, errors and hacking can be avoided. Just pick the right wallet that you want to use for your digital assets. I recommend MEW. Dont share any of your personal information, and avoid phishing sites. Phishing sites have a different URL so check the link before you enter your information. Lastly, try to use a hardware wallet for more protection.

[Kudrowet]

The risk of cryptocurrency should be its volatility, and the price is unstable.
This kind of risk is unavoidable, and the risk can be mitigated through market price analysis and trading at the right price.

[Kong Hey Pakboy]

I would say that one of the major risks of crypto business is its longevity because most cryptocompany start-ups do not last that long because they don't have a plan to stay for long, maybe the lack of investor, clients or money, we don't know the cause but that is a risk that I think that upcoming companies should address, can they scale to keep up and stay in the game for a long time. One other risk that I can think is the volatility but that could work on a companies favor depending on what service they are going to offer.

[emmybd]

Trading in cryptocurrency comes with its own drawbacks and some risks every trader should be abridged with. The volatility of the fluctuating market requires being extra vigilant about the affairs in the market.

Cybertheft is prevalent and is a concern for all traders in the crypto business. Once you have been hacked, there is no way to retrieve the lost crypto. This can happen during mining losses and exchanges. Misplacing the key to the wallet can aid this risk.

The lack of regulation in cryptocurrency is another potential risk that refers to no amount of tax being used for bitcoin trading which could hail a problem in competing with future centralized cryptocurrencies.

[sayaya17]

There are no trades or investments in crypto that are not at risk, all at risk, either investing in bitcoin or altcoins. A trader or investor will experience a loss
when he enters the crypto world. Perhaps one cause of loss could be because of trading on unauthorized exchanges or forgetting private keys. Coupled
with highly volatile crypto and fraudsters who are always lurking. Perhaps it can minimize loss by always being careful when going to buy a coin, do an analysis.

[isaac_clarke22]

~

Ah yes like one of those new coin projects emerging lately.
They're arent' for the long-term plus the coin they make just got turned into a shitcoin.
They're not prepared for the volatility of the market, that's why this keeps happening to many coins.

[Fredomago]

There are no trades or investments in crypto that are not at risk, all at risk, either investing in bitcoin or altcoins. A trader or investor will experience a loss
when he enters the crypto world. Perhaps one cause of loss could be because of trading on unauthorized exchanges or forgetting private keys. Coupled
with highly volatile crypto and fraudsters who are always lurking. Perhaps it can minimize loss by always being careful when going to buy a coin, do an analysis.

There are lots of factors and you bring some of it, when we say trading then we should know the chance of losing your position is very possible, with high volatility it can cause a much quicker time frame.

While in terms of securities where most of the time a trader lost a lot of money, hacking not only with the exchange but with your own wallet is also very possible while you are inside this market.

Risk without knowledge with the business that you are engaging is very dangerous with your investment.

[Bilgent]

The biggest risk in investing in a cryptocurrency is its volatility of course. You should be absolutely aware of the possibility that you can't lose all your money or things can go the other way around. Especially if you are investing in an altcoin which is not known by the majority, the risk increases more. One should be very careful because of these reasons.

[Dutchyyy]

Before investing in Bitcoin or other cryptocurrencies, you need to be aware of the risks. Some users consider the cryptocurrency to be the next "MMM" or so-called "bubble". Despite constant talk about it, the cryptocurrency continues to exist and has been actively developing for many years. Such money is not supported by anything, but until the government passes regulatory laws, investing in cryptocurrency is a profitable business.

There is a risk of losing investment due to a sharp drop in the price of cryptocurrency. Much depends on the predictability of the investor and his ability not to panic.

In many countries, there are no rules governing cryptocurrency trading. You cannot pay income taxes. In addition, there are countries where digital money is banned.

[dunfida]

The biggest risk in investing in a cryptocurrency is its volatility of course. You should be absolutely aware of the possibility that you can't lose all your money or things can go the other way around. Especially if you are investing in an altcoin which is not known by the majority, the risk increases more. One should be very careful because of these reasons.

One of the main things that you should really be watching on and thats volatility and if you cant bare to see your money to fluctuate then this market isnt for you but to think that
it can go ahead other way around which means profiting is also possible even with just simply holding thats one of the things that do really spark out some interest with crypto
specially if it do accepted on a certain business and sales or income doesnt really being converted out to fiat.

[verita1]

Investing in crypto is a risk but it is being the best alternative for any investor because Fiat no longer offers a return in sight, only it shows future inflation.

As for bitcoin, investors have entrusted their capital to digital gold as some say, thinking of a long-term investment.

There are several strategies to reach ROI with crypto, the fundamental thing is to take volatility into account and not panic.

If we learn from the big investors, we can realize that we all agree to invest in bitcoin for the long term. Take a look at this Tweet by Michael Saylor.

Shareholder value creation comes from holding an appreciating asset $ BTC over a long period of time. It is logical for every firm (both public & private) in the #Bitcoin industry to do the same thing Tesla is doing. Corporate treasuries should #hodl bitcoin.

https://twitter.com/michael_saylor/status/1374710466644226050?s=19

[doomloop]

I would want to focus on trading and Investing. But, i want to know what you think on the following;

1. what are the major crypto risks that one should know and avoid by all means.

2. How do we tackle these risks or are there way to tackle the risk?

We can use btc trading and investing as a case study.

The first  risk which everyone is aware of is the volatility if cryptocurrency, the price that keeps rippling back and forth and how you can tackle this particular risk is being careful, you have to be focused and also go with small investments. Though from my observation some people don’t like investing small amount because they think they are not going to make huge profit, but the truth is that small investments are beneficial long term. But, you can still go with huge investments if you’re not going to be regretting it later when it doesn’t go as planned.

Another risk is that there is no regulation and most people worry that if it poses a competition to the government they will have no other option than to fight against it. And some has said that due to the government can’t charge taxes cryptocurrency investors taxes they will not like the idea of cryptocurrency, but I believe centralized exchanges are bringing solution to that, although not everyone makes use of centralized exchanges.

[hv_]

The financial product itself

is

not


stable

[Dannaey]

I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."

I would want to focus on trading and Investing. But, i want to know what you think on the following;

1. what are the major crypto risks that one should know and avoid by all means.

2. How do we tackle these risks or are there way to tackle the risk?

We can use btc trading and investing as a case study.

First, the major crypto risks that everyone should avoid is to buy those coins that are not fundamentally solid. Many people are being deceived by quick profit scheme without knowing the purpose of that certain project. We have to avoid those coins that we call it as pump and dump because it may seem to be a good investment but we know that it is just a strategy of the founders/owners so they can dump their holdings. I hope everyone can learn how to analyze a good project and a bad one. A good project takes time to develop.

[Reatim]

Investing in crypto is a risk but it is being the best alternative for any investor because Fiat no longer offers a return in sight, only it shows future inflation.

This must be understood by Many but the problem of denial is what bitcoin get.

As for bitcoin, investors have entrusted their capital to digital gold as some say, thinking of a long-term investment.

Indeed like us right? we tend to deny a small profit and instead take a long term waiting .

There are several strategies to reach ROI with crypto, the fundamental thing is to take volatility into account and not panic.

If you know how to deal with market movement , then you can use multiple strategies.

If we learn from the big investors, we can realize that we all agree to invest in bitcoin for the long term. Take a look at this Tweet by Michael Saylor.

But they can stand long without encashment ? not like small investors that needs to have food for the table.

Shareholder value creation comes from holding an appreciating asset $ BTC over a long period of time. It is logical for every firm (both public & private) in the #Bitcoin industry to do the same thing Tesla is doing. Corporate treasuries should #hodl bitcoin.

https://twitter.com/michael_saylor/status/1374710466644226050?s=19

+1 in all this manner .

[hv_]

Time is risk

Waiting games are risky

even if the procotcol and fees and regulation are changing quickly

[Alucard1]

1. The major risk of investing and trading bitcoin is the volatility as you don't have any assurance that you can earn from it, another major risk as well is those scammers and fake websites, there are a lot of scammers that we may encounter in this crypto world so be careful always especially for the beginners, fake websites are also one of the things, I am once got scammed by these fake websites that offer to double your money for only one day but end up with no return, this is not a problem for some who already have knowledge and experience in the crypto world but for the beginners that would be the major risk.

[Issa56]

Before you start cryptocurrency trading there are lot's of things you have to put in consideration first you can't just thinking you can start trading or investing. These are some of the things you have to consider before starting investment you have to make research on the kind of coin you are buying first you don't just see a coin then you will buy or because people talk about a coin you will just buy you have to make proper research first before buying any coin, make sure the coin that will be in your portfolio is not to much so that you will be able to monitor them, if you are holding bitcoin for long term make sure you keep the coin in your personal wallet not exchange wallet and don't disclose your private key, and you don't have to be greedy.

[geegaw]

1. The major risk of investing and trading bitcoin is the volatility as you don't have any assurance that you can earn from it, another major risk as well is those scammers and fake websites, there are a lot of scammers that we may encounter in this crypto world so be careful always especially for the beginners, fake websites are also one of the things, I am once got scammed by these fake websites that offer to double your money for only one day but end up with no return, this is not a problem for some who already have knowledge and experience in the crypto world but for the beginners that would be the major risk.

Nowadays, phishing sites seem to have too little opportunity to grow as a large number of users warn each other and almost with certain knowledge, this potential risk is very easy to eliminate, so considering it as a major risk is probably not justified. When we talk about the business of crypto, the main risk is still its volatility, it seems that fluctuations are based on the needs and psychology of the crowd to form, it is difficult to judge, besides, garbage projects are also a major risk, they have very virtual profits and we easily die with such projects.

[noorammak]

There are many risks in the cryptocurrency business. I can list them as follows:
Scams from new projects, ICO or IDO mobilization projects on decentralized exchanges.
Cryptocurrencies have very strong price volatility so do consider it when buying a cryptocurrency.
FOMO in trading is something to stay away from as you can always lose money buying crypto.
Beware of strangers who text you on telegram as most of them want to make money from you.

[sapnu]

I think one major risk one may face in the crypto business is ignorance. As you enter this new platform, you might end up getting excited as you hear news about people getting rich over night or instantly. You start to rush things and push yourself to go all in amidst having no idea or knowledge on this new world you are entering. A way to tackle this risk is to make sure that each newbie that will enter the crypto business would be reminded to study the process first before entering real time trading or investment. We can do that through making articles with regards to the issue or through making a thread or discussion here in bitcointalk that may catch the beginners attention and lead them to study the culture and process here.

[dificanovi]

the main risk is the decline in prices in the crypto market after we buy bitcoin, if this happens then we have to hold it in the long run in order to get a big profit. if we invest in altcoins it is better to find information about the altcoins that we will invest in so that we know what the fate of these altcoins will be in the future.

[LUCKMCFLY]

I think that there are always risks in all kinds of activities, especially in the financial markets, but of course the enemies of Bitcoin will always claim that the Bitcoin market will always be the most dangerous in terms of investment and since there are many cases of Ransonware to Worldwide, they want to make a union with many companies, help from the FBI and intelligence to fight against Ransonware, some of them say that sometimes it is better to give up privacy and anonymity so that everyone is safe.

“This is a world that was created exactly to be anonymous, but at some point, you have to give up something to make sure everyone’s safe,” he said.

The proposed rules seek to respond to a record year for ransomware attacks, with the task force estimating ransomware syndicates collected close to $350 million during 2020 — up 200% from the previous year. The lion’s share of profits were accumulated through targeting government agencies, hospitals, educational institutions, and private companies.

Source: https://cointelegraph.com/news/ransomware-task-force-calls-for-aggressive-bitcoin-transaction-tracing-measures

Of course this is a double-edged sword, you should never trust government entities and above all what is most sought is to end anonymity, I will never agree with ransonware or with robberies and scams, but I feel that they are doing this to take advantage of the problem.

[DOH!]

In my opinion, the main risk is:
[1] From the Market: extreme volatility and price manipulation.  No one wants to be led into the game. 
[2] From Myself: Being mentally weak, impatient from myself, I have learned from experience that the more you fear of losing money, the harder it will be for you to succeed here.  and vice versa.  however, between determining the type and the coin will also be the condition for the outcome. 
[3] From technology: to blockchain, you need to know right / wrong, accuracy first, the chance to return from mistakes, security with all directions from hackers, frauds -put first.

[Xinarae*]

Risk is inherent in any business venture and good risk management is a necessary aspect of running a successful business the management of an organization has different levels of control related to risk some risks can be managed directly other risks are largely beyond the control of the company management. But the main risks of crypto trading are when currency prices continue to fall then the traders are much affected and become frustrated you need to control your emotions and analyze the market to gather accurate information.

[hector3115]

The biggest risk is that you can lose everything.

[online73]

Hello everybody. Now there is a lot of information on the Internet about the main risks in the crypto business. Almost every crypto blogger on YouTube has at least one video on this topic. There is a lot of information, but I believe that with all this information, the most important thing is discipline, the most important problem is yourself. If you can get rid of the wild desire to buy where you already need to sell, or sell where you need to buy, plus - elementary cleanliness in Internet use - everything will be in order and you will not have to be afraid of the crypto market. Be afraid of your desires and unbridled and rash decisions.

[GeorgeJohn]

The major risk in business more especially cryptocurrency or Bitcoin and any other business, for example business have to do with enviroment and encouragement, most especially site of establishment in business, now in cryptocurrency these have deal with the actual time of purchasing time of cryptocurrency and the actual time of selling so that profit or gain will be made at appropriate time.

[finaleshot2016]

I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."

I would want to focus on trading and Investing. But, i want to know what you think on the following;

1. what are the major crypto risks that one should know and avoid by all means.

2. How do we tackle these risks or are there way to tackle the risk?

We can use btc trading and investing as a case study.

One of the major crypto risk thay everyone should avoid is being Fomo or dear of missing out. Sometimes, there are people who don't want to miss theopportuniy of the uptrend but suddenly, it drops. And also, DYOR is one of the best practices in investing, take time to read and search about what's the best to buy in crypto.

Just have a good technical analysis before trading, right entry will definitely give you profit.

There are many crypto risks, so it's bettee to have your own research and study it very well.

[Sanugarid]

I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."

I would want to focus on trading and Investing. But, i want to know what you think on the following;

1. what are the major crypto risks that one should know and avoid by all means.

2. How do we tackle these risks or are there way to tackle the risk?

We can use btc trading and investing as a case study.

I think when it comes to trading, the concept of high risk and high reward is the one thing we should be aware of and avoid by all means. In crypto, you can earn a big sum of money instantly and of course, you could lose all of them in an instant as well. So it's better to discuss it with someone who has more experience when it comes to trading and we should develop our risk management when it comes to investment

[Alanaz]

the most important thing is when you start plunging into a world like this you have to be ready to lose your money. because if you are not ready you will be shocked when you know what the real facts are like because when you are in the crypto world we will not always benefit, many people think that crypto is a way to get rich instantly.
but in reality it is not that easy, a lot of beginner traders who immediately without thinking long plunged without knowing the basics of trading like what and as a result many complained and many lost a lot

[SystemTrader]

Cybertheft: Leaves the investment open to cyber attacks. Hacking is a serious risk especially when you not familiar with tech and its concept. There is no way to retrieve your lost or stolen bitcoins.

[Fatunad]

I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."

I would want to focus on trading and Investing. But, i want to know what you think on the following;

1. what are the major crypto risks that one should know and avoid by all means.

2. How do we tackle these risks or are there way to tackle the risk?

We can use btc trading and investing as a case study.

One of the major crypto risk thay everyone should avoid is being Fomo or dear of missing out. Sometimes, there are people who don't want to miss theopportuniy of the uptrend but suddenly, it drops. And also, DYOR is one of the best practices in investing, take time to read and search about what's the best to buy in crypto.

Just have a good technical analysis before trading, right entry will definitely give you profit.

There are many crypto risks, so it's bettee to have your own research and study it very well.

DYOR!
This had been commonly suggested and recommended to be done from time to time because this investment isnt something that you can deal and make some guarantees with it.
This is why we should really know the things in terms of risk and other factors which could really affect your profitability. Risk is there no matter what but somehow you can
really lessen up those risk if you had just done your assignment.
The ones who are giving out such risk are the ones who does have the probability or chances on making profits when it turns out to be a good one.

[Kasabus]

the most important thing is when you start plunging into a world like this you have to be ready to lose your money. because if you are not ready you will be shocked when you know what the real facts are like because when you are in the crypto world we will not always benefit, many people think that crypto is a way to get rich instantly.
but in reality it is not that easy, a lot of beginner traders who immediately without thinking long plunged without knowing the basics of trading like what and as a result many complained and many lost a lot

Many lost and complain because of the way they think about how crypto will make them rich instantly. I think the moment you enter into crypto investment or trading, you must be ready for losses anytime as this is the major risk anybody should deal.
              One thing also is being in an investment or project you don't know that much but you still take the risk because of your target for bigger profits but you only end up still in a loss because you have been scammed and fooled again.

[bounceback]

Crypto investing is only suitable for people who are prepared for all the risks and losses, so if you are not ready for that, you better avoid crypto investing.
In my opinion, the first risk to be avoided is fraud because currently cryptocurrency is popular, of course, it makes many crypto trading platforms easy to find on the internet, so be careful when choosing an exchange platform.

[Searing]

Dogecoin crashing and taking rest of crypto down with it...turning off newbies to any crypto for the next year or so

On the other hand $350 LTC and 450% yesterday bonus with merge mining dogecoin on www.litecoinpool.org (see for yourself)

sh*t things get real

plug and old 2018 scrypt miner that can do above in but sit down first it is that shocking!

brad

[Ibrahim60]

Cryptocurrency price is not stable. This price is so much volatile in every time. Specially now bitcoin price is so much volatile. Also no one can surely predict on Crypto currency. Every coin is not good for day trading, some are good for day trading and some for long time investment. By getting more knowledge about market and coin a person can reduce his/her risk. They can choose different coin for day trading and long time investment. I think bitcoin is good for long time investment. Bitcoin day trading is riskier that long time investment. So if anyone want to day trade on bitcoin then there are some risk. Though bitcoin is the most potential and good Crypto currency.

[arapgeceleri]

every business has a risk. There is a risk in every field. The crypto money market is one of them. There are many risks, the biggest of these risks is to go bankrupt. The investment you are so enthusiastic about can ruin you. inexperience is the greatest risk. there are a lot of beginners trying to get rich in this market. There are many people who make random investments, buy from high, sell at the slightest drop, do not like research, cannot bear to lose money. these are all negative traits. First of all, we must be investigative, patient and cautious. Our psychology must also be very strong.

[AmoreJaz]

Crypto investing is only suitable for people who are prepared for all the risks and losses, so if you are not ready for that, you better avoid crypto investing.
In my opinion, the first risk to be avoided is fraud because currently cryptocurrency is popular, of course, it makes many crypto trading platforms easy to find on the internet, so be careful when choosing an exchange platform.

by now, the OP delivered his lecture. but for the sake of discussion, in any investments, whether in crypto or not, there's always risks that a user are subjected to. in terms of crypto investments, youre right. fraudulent projects is one major thing to watch out for. as many of these are anonymous and hard to know if they are authentic or not, it lies on your hand how to assess them if it is worth your funds or not. and usually, crypto users will realise that the project is not worth once the team disappeared or the project is abandoned. unfortunately, that's the case of many projects here.

[milewilda]

1. what are the major crypto risks that one should know and avoid by all means.
-Shill/Fomo and Fud
-Scams
-Dont believe on easy profits or money making
-Volatility


2. How do we tackle these risks or are there way to tackle the risk?
-Gain knowledge through experience
-Good risk management
-Be sensible towards your actions.

[xiboothrezi]

Cryptocurrency price is not stable. This price is so much volatile in every time. Specially now bitcoin price is so much volatile. Also no one can surely predict on Crypto currency. Every coin is not good for day trading, some are good for day trading and some for long time investment. By getting more knowledge about market and coin a person can reduce his/her risk. ---

I really like your explanation, by understanding the risks we can prepare risk management to avoid major risks. Unfortunately, that's what newbies often ignore. especially recently when the price of btc has soared and many altcoins have been pumping, just look doge. ignoring the risks, newbies hope to make quick and instant profits, even though it is quite a risk if they do not understand market analysis. relying solely on luck would not be effective enough.

[Zilon]

Before investing in any crypto project learning about the project should be the first move it's regularly referred to as doing your own research. The crypto industry currently is dorminated by different abandoned projects and as such knowing about what a coin in will to tackle in the society and it's recent highs and all time lows would help every investor understand what project he/she is willing to invest in