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Author Topic: How safe it is to invest in cryptocurrency  (Read 2354 times)
Furious 7
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April 04, 2022, 11:22:35 AM
 #81

If all cryptocurrencies, it is clear that investing in them carries great risks. Even many investment experts avoid cryptocurrencies, plus the many scam projects and useless tokens make cryptocurrency a ponzi paradise (although there are some good cryptos and have real use cases).
Even though there are some good projects but still investing in crypto is something that is very risky and indeed very high risk.
must be aware of this because indeed this is related to money and of course when it comes to money then it is definitely very dangerous to do.
Accuracy is very important in this case besides continuous learning is also very important because even though they are very difficult to predict but by learning all these movements it will be a pretty good thing at least we can minimize failure

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April 04, 2022, 12:30:56 PM
Last edit: April 04, 2022, 12:51:16 PM by Alisha-k
 #82

Even though there's high risk incurred in crypto investment, it can still be considered to be safe if we're very conversant with the market structure and also able to run our analysis properly.

It should also be registered in our minds that there's virtually little or no investment without risk, so as an investor If there's anything to always be prepared for, it's risk.

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April 04, 2022, 01:53:24 PM
 #83

I would rather say that Bitcoin is a decentralized way of saving money, once a vast majority of other cryptocurrencies (so called shitcoins) will make you lose money in the mid/long term.
Who really cares about Bitcoin and understands how different it is compared to the fiat system, also understand the importance of hodling it. Those who are seeking for the quick buck will get into the other coins, trade, etc, and will eventually win and lose money over time, but in the long run, I believe most of those coins will have little to no value.

Bitcoin is indeed a store of value. I believe it is safe to invest in cryptocurrency in general despite all the negative news circulating the mainstream media. As long as you know how to store well your private keys and do all safety measures in order to secure your funds, then youvhave nothing to sorry about.

Bitcoin can act as both mode of payment and store of value. In fact, a lot of people nowadays use it for both of its functionalities. It is very handy and convenient for people to have their assets stored in crypto because it can accummulate over time, and it is not prone to inflation as well as hacking, only if you know how to store and handle well your account's information.

If people would be knowledgeable enough about bitcoin, there would be so many advantages and benefits waiting for them out there. Vast opportunities such as profiting due to their skills and techniques could be given. Hopefully, more people would see bitcoin as a thing to entrust so they could make the most of what they have.
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April 04, 2022, 03:57:27 PM
 #84

If asked to invest in a crypto is safe or not then the answer can be safe and can also be risky, depending on how the assets are managed. one person with another will certainly get different results in investing in crypto because it depends on how their strategy and how they manage their respective assets. Regarding the ongoing war, I don't think it's only cryptocurrencies that will be affected, but other fields will also be affected. so that's one of the risks of a war where it has an impact on market prices dropping drastically. basically because I little more knowledgeable about the crypto world so I think the crypto investment is a safe and profitable investment..

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April 04, 2022, 04:40:33 PM
 #85


As I would see it, there should be a largely if not an overall view of the different beliefs and critiques surrounding bitcoin. Not coming into conclusion without proper findings and proof to back up false claims about it.
I tried to imagine how wonderful it would be if the actual picture wasn't the opposite.  Bitcoin is more than just a thing that can exert its inherent power, yes value is what creates false opinions and arguments to increase the position of the intrusion.  You can see the volatility of bitcoin is far different from that of crypto.  Either way for any of the parties involved, I think it will be difficult to merge

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April 04, 2022, 05:01:27 PM
 #86

Even though there are some good projects but still investing in crypto is something that is very risky and indeed very high risk.
must be aware of this because indeed this is related to money and of course when it comes to money then it is definitely very dangerous to do.
Accuracy is very important in this case besides continuous learning is also very important because even though they are very difficult to predict but by learning all these movements it will be a pretty good thing at least we can minimize failure
Just because there is a big upside potential shouldn't mean a guaranteed investment anyway. Bitcoin is as guaranteed as it gets in the crypto world and even that has like 50% drops, where do you see that kind of drops in the regular stock world, sure some drops but 50% is very rare there, happens like maybe once a decade, or to very bad stocks.

This is why I believe that we shouldn't really be shocked at the results, we should be feeling a bit more comfortable about the fact that it is risky but its fine because we are getting into it since it has a better chance to change our lives completely if we are right and that is what people trust.

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April 04, 2022, 05:16:29 PM
 #87

It's not that it's not safe, it's just that you need to know that it's very risky and also not like the conventional investing in the stock market.
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April 04, 2022, 05:33:59 PM
 #88

Nowadays investing in bitcoin and other cryptos is way safer and simpler than years ago. Before it was a huge bet, the whole system could've failed any moment, now we have even big companies and banks investing in cryptos. Of course there still are a lot of scams and price volatility, it's something that mustn't be forget, but in the long run we should be fine.
If you say crypto currency maybe all types of crypto currency will be included there, such as shitcoin, altcoin and bitcoin, I dare not say other coins are not safe to invest, but I do not dare to invest other than bitcoin, because I believe more in investing in bitcoin compared to other coins, because in my personal opinion investing in bitcoin is very safe, easy and reliable, because as long as I invest in bitcoin I have never once felt cheated, the risk I face is only a matter of price, sometimes it goes up like a ladder, sometimes it goes down like raindrops.

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April 04, 2022, 05:43:04 PM
 #89

Before start investing in bitcoin, you need to thoroughly understand all about the security and storage of your coins. This is a very important moment that you can not miss and hope that everything will be fine. Therefore, it is very important to take the time to study all the issues that interest you and only after that buy bitcoin. If at some point something is not clear to you, you can ask a question on this forum and they will answer you.

Personally, I am interested in bitcoin for investment, so the issue of reliable storage is very important for me. At the moment, the Ledger wallet is considered one of the most convenient and reliable options. A cold wallet is also considered safe, but it is not so easy to manage.

Bitcoin has very big prospects in the future, it is much better than fiat money, it is not subject to inflation. I believe that the price of this asset will grow very much in a few years and this will bring a very good profit to everyone who understands this now and will patiently hold bitcoin. Over time, people will increasingly trust cryptocurrencies, they will be in their daily circulation, and it is important to understand this now, when everything is just beginning.
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April 04, 2022, 07:47:16 PM
 #90

Cryptocurrency is safe for me because if i buy bitcoin and other cryptocurrencies i do see it in my wallet without asking someone to help for monitoring my investment, and when market is going against you in market you know and when you are making a profit you also know, so because is a currency you can know it movement i think is safe, but some people only think of the profit alone but not really boarded of it positive, when market is dip your investment is safe but when is in bearish your investment is yielding.

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April 04, 2022, 07:53:18 PM
 #91

Even though there's high risk incurred in crypto investment, it can still be considered to be safe if we're very conversant with the market structure and also able to run our analysis properly.

It should also be registered in our minds that there's virtually little or no investment without risk, so as an investor If there's anything to always be prepared for, it's risk.
A very important skill that a trader needs to have is to accurately evaluate the risk they are taking and the possible reward they can get against each other and decide if it is worth it, however this is a difficult skill to obtain and it is without a doubt one of the great flaws of the newbies that are just entering the market.

After all when they invest in a shitcoin they only see the potential profits they could make, but they never consider the risk they need to incur to get those profits, because if they did it they will soon realize that it was not worth to invest in such a shitcoin, when the possibility of losing all the capital they invest in it is so ridiculously high.
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April 05, 2022, 03:54:11 PM
 #92

To me I will say cryptocurrency is safe to invest in became it used cryptography to secure transaction and it didn't have any central issue, instead using a suburbanized system to record all the transactions. Though, is at risk to invest but is safe if we're acquainted with the market. It also safe because you know when market is going against you, and when you are making profit because is a currency that one can no it movement and easy to monitor.
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April 05, 2022, 04:15:19 PM
 #93

Honestly, crypto is more fertile ground than any other out there, but each one needs to be taken seriously and disciplined to limit side risks.  Every investment corner has different levels of risk tolerance, but it is a road with a future ahead.  Therefore, the management of risky assets is an urgent task with an obligation to learn and improve.

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April 05, 2022, 11:24:01 PM
 #94

To me I will say cryptocurrency is safe to invest in became it used cryptography to secure transaction and it didn't have any central issue, instead using a suburbanized system to record all the transactions. Though, is at risk to invest but is safe if we're acquainted with the market. It also safe because you know when market is going against you, and when you are making profit because is a currency that one can no it movement and easy to monitor.
yes it is risk to invest in cryptocurrency but no investment that is not risk both offline business or investment and online investment, for cryptocurrency investment is sure investment but it is investment that requires time investigation to know if what you are investing on is from legit source or not, %30 of investors who registered into cryptocurrency investment today and get lost is people who did not make successful research of the coin, the risk of coin come's in when their is no potential investigation result
Hamphser
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April 05, 2022, 11:29:39 PM
 #95

To me I will say cryptocurrency is safe to invest in became it used cryptography to secure transaction and it didn't have any central issue, instead using a suburbanized system to record all the transactions. Though, is at risk to invest but is safe if we're acquainted with the market. It also safe because you know when market is going against you, and when you are making profit because is a currency that one can no it movement and easy to monitor.
yes it is risk to invest in cryptocurrency but no investment that is not risk both offline business or investment and online investment, for cryptocurrency investment is sure investment but it is investment that requires time investigation to know if what you are investing on is from legit source or not, %30 of investors who registered into cryptocurrency investment today and get lost is people who did not make successful research of the coin, the risk of coin come's in when their is no potential investigation result
Even if you do involved yourself with traditional investments then risk would be always present even on simple decisions in life does have some risks into it and thats why we should really accept that fact or reality.

Never ever tend to mind off about being safe because once you do step your foot on crypto investment then prepare out yourself with lots of possibilities of losing your money.

So the way you do able to handle is to make yourself knowledgeable and skillful and of course having that risk taker kind of mindset.

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suryana
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April 06, 2022, 12:10:56 AM
 #96

Every investment certainly has its own risks.but investing in the world of cryptocurrency, of course we can control the assets that we have stored in cryptocurrencies with a relatively high level of security so that they are not easily broken into by hackers or scammers who are not responsible for the assets that are stolen.we have today, maybe this is one of the advantages of storing assets in cryptocurrencies so that there is no longer any sense of concern that miners have about the level of security of their assets

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April 06, 2022, 01:22:45 AM
 #97

Even if you do involved yourself with traditional investments then risk would be always present even on simple decisions in life does have some risks into it and thats why we should really accept that fact or reality.

Never ever tend to mind off about being safe because once you do step your foot on crypto investment then prepare out yourself with lots of possibilities of losing your money.

So the way you do able to handle is to make yourself knowledgeable and skillful and of course having that risk taker kind of mindset.
I'm not saying risk is not right, because i know that a risk take is liable to acquire a diversified wealth, cryptocurrency investment is by process and if you understand the process full well you will land by losing your capital every time, and i know one of things that can make some one to correct itself is through the mistake that happens through personal investment, but i assure you that any one who knows his way into cryptocurrency does not experience many lost in crypto, so it depends the kind of cryptocurrency investment you are into
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April 06, 2022, 01:50:23 AM
 #98

0 it drops in value pretty much always. if there is nuclear war now I do hold some of you kikes responsible. you crash too much and you may have to be wiped off th earth
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April 06, 2022, 02:11:48 AM
 #99

Every investment certainly has its own risks.but investing in the world of cryptocurrency, of course we can control the assets that we have stored in cryptocurrencies with a relatively high level of security so that they are not easily broken into by hackers or scammers who are not responsible for the assets that are stolen.we have today, maybe this is one of the advantages of storing assets in cryptocurrencies so that there is no longer any sense of concern that miners have about the level of security of their assets

For me the word safe for cryptocurrency depends on how you protect your seed phrases, where did you choose to save or preserve your assets either it is in a hard wallet or in online wallet. The word safety of assets in cryptocurrency lies on the hand of the owner because at the end of the day the responsibility to keep it safe is in his hands unlike fiats which we can save it in the bank. Let's practice properly how to secure our assets in crypto because once it is stole ot's hard to retrieve.
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April 06, 2022, 02:17:37 AM
 #100

If someone drove their car and crashed almost eeryday causing injuries all the time, they would have their license revoked and car impounded.  Bitcoin retarded kikes are looking at much stiffer penaltie for crashing everyday. War is oon and killing is the right thing to do to a reckless driver who doesnt stop crashing and hurting people.
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