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Author Topic: Invest in cryptocurrencies.  (Read 982 times)
livingfree
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August 10, 2021, 07:44:27 PM
 #101

I think investing in cryptocurrencies has a high risk because the price of crypto is determined by the market, not any individual or community. we can lose assets if market conditions crash. but we can get big profit if we make investment in the right crypto and have good growth on the market exchange.
Yes.

Cryptocurrencies are high risk investments and that's why people are on it because of how much risk it have but the potential that you can have too.

If you know how to handle the risk that this market has, you're going to see how rewarding it is.

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retnoanjani
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August 10, 2021, 10:57:36 PM
 #102

---

Cryptocurrencies are high risk investments and that's why people are on it because of how much risk it have but the potential that you can have too.

If you know how to handle the risk that this market has, you're going to see how rewarding it is.
risk and profit opportunities are always directly proportional. crypto offers great profit opportunities because of high price volatility, prices can be pumped many times, but can also be dumped instantly. before starting, we must really understand this risk, so we will not choose a project arbitrarily. then start learning market analysis, this is needed to determine the right time to enter and exit the market. mental and psychology are also very tested, there is a lot of hype, fomo, fud, etc. we must learn to manage it well.

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August 11, 2021, 11:51:03 PM
 #103

---

Cryptocurrencies are high risk investments and that's why people are on it because of how much risk it have but the potential that you can have too.

If you know how to handle the risk that this market has, you're going to see how rewarding it is.
risk and profit opportunities are always directly proportional. crypto offers great profit opportunities because of high price volatility, prices can be pumped many times, but can also be dumped instantly. before starting, we must really understand this risk, so we will not choose a project arbitrarily. then start learning market analysis, this is needed to determine the right time to enter and exit the market. mental and psychology are also very tested, there is a lot of hype, fomo, fud, etc. we must learn to manage it well.
Yes.

It's what it offers, you can earn as high as much as you think with its volatility with the good choice of coins.

But it can also put you into big loss if you're able just to get in during the top and then there's the dump that awaits after it.

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vabchgent
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August 13, 2021, 10:25:38 AM
 #104

Whether or not digital currency is worth investing in, I think, depends on one's level of confidence. Because, investing in cryptocurrencies has a greater risk than investing outside of crypto.
Again I say, worth it or not, it depends on one's will.

Investing in digital currency is a smart choice for someone, apart from being able to monitor the market movements of investing in currency, we are the ones who manage it ourselves. Therefore, I think your statement is not correct. investing in digital currencies has little risk if one is not smart in analyzing and reading market charts.

He generalized his statement too much, but the point he is trying to explain is probably that the stock market with real companies backing the stock is a safer investment in that there isn't all too much you have to do if you invest in companies like Amazon or Google. Well established companies with dividends and a proven track record. In crypto that is indeed quite a bit different as things can turn around very quickly. Just take the crash of this year as an example. You wouldn't really have to expect that to happen when you buy Amazon or Google stocks, but with crypto that is possible anytime.

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oemar bakrie
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August 13, 2021, 11:29:48 AM
 #105

In my opinion, investing in crypto is better than investing in gold or money.
because for crypto even though the exchange rate is always changing but the form or amount of crypto will not decrease ... and one day it will definitely change for the better..
but not as short as we thought..
all of that requires patience and also our thoroughness for what kind of crypto investment..

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