How safe it is to invest in cryptocurrency

[carlfebz2]

If it is about securing the future, then without doubt it is the safest way to enjoy the future. What we save today will surely help us in the future.

I can agree that investing in crypto is the way to help our financial strength in the future. But I don't think it is the safest way, investing in crypto has a high risk, no one knows what to happen to crypto investment in the future. That's why we don't invest all our money in crypto, just use the money that we can afford to lose. Put all money in crypto investment isn't the right way to secure our future.

Crypto are a new market compared to stocks or gold and investing in cryptocurrencies is not protected by law, so the risk is very high. Crypto is currently considered a high-risk, high-reward form of investment with of the scams surrounding it, so invest with knowledge and don't put all your money into it with the desire to change life quickly. It can help you but it can also destroy you, so invest wisely.

We are just a decade-old type of market which we could really say that this is something new compared into those traditional investments/markets that do exist today.Any investment does involved risk

even into those traditional investment that we do know.Although the risk involved on crypto is much more higher because of its unpredictability and volatility aspects and this is why its really important for someone

to consider about the level of risk and act accordingly on what you could afford to do so in terms or risk taking.

[1714575291]

1714575291

[Dumbsize]

Every market comes with its own risks but considerably, it is a lot safer if done right.

[Fesatmas]

everyone who knows crypto already knows what risk and opportunity are and we here are certainly not stupid people who joined because of a hype/fomo that happened.
so with a high risk of course it will provide a very large opportunity optimistic be careful and learn where we will invest and store it is the basis of cryptocurrency opportunities

Moreover, joining without basic knowledge, it makes no sense at all in my opinion. Here, those who enter the world of cryptocurrency certainly have basic knowledge about cryptocurrencies, even though that knowledge is limited. And that's not a problem because it can be learned over time. Nothing is not without risk in the investment world, everything must have risk. And if we are not careful, we will definitely suffer losses.

[taufik123]

Crypto are a new market compared to stocks or gold and investing in cryptocurrencies is not protected by law, so the risk is very high. Crypto is currently considered a high-risk, high-reward form of investment with of the scams surrounding it, so invest with knowledge and don't put all your money into it with the desire to change life quickly. It can help you but it can also destroy you, so invest wisely.

High risk high return. People can become rich just because of crypto, but can be very poor because of crypto too.
Some people who experience a lot of losses may not be willing to take all the risks and don't know about the basic knowledge that really needs to be learned. Investments that are not protected by law and large risks are certainly a dangerous place, but behind that crypto provides sweet benefits for those who have studied cryptocurrency knowledge.
Use money that you won't need in the future, and don't put eggs in one basket. and lastly do good management, it will be very helpful.

[Altryist]

Moreover, joining without basic knowledge, it makes no sense at all in my opinion. Here, those who enter the world of cryptocurrency certainly have basic knowledge about cryptocurrencies, even though that knowledge is limited. And that's not a problem because it can be learned over time. Nothing is not without risk in the investment world, everything must have risk. And if we are not careful, we will definitely suffer losses.

Learning and gaining experience is not always easy, especially not easy when you lose money, and this is inevitable in the learning process. Many beginners come to the world of cryptocurrencies without fundamental knowledge, they are attracted by the opportunity to get quick and easy money, but as we know, everything is not so simple here. And before the result is achieved, a person must obtain the necessary knowledge, this is applicable to any profession.

[isaac_clarke22]

~

...Or can be mentally destroyed because of crypto. Crypto is not your quick rich scheme and people still don't get that even with the volatility of the price. Some even make a bad decision such as quitting their job for crypto trading full time or even loaning loads of cash just to invest it all in crypto.
People are really desperate, eh?

[nur rochid]

Moreover, joining without basic knowledge, it makes no sense at all in my opinion. Here, those who enter the world of cryptocurrency certainly have basic knowledge about cryptocurrencies, even though that knowledge is limited. And that's not a problem because it can be learned over time. Nothing is not without risk in the investment world, everything must have risk. And if we are not careful, we will definitely suffer losses.

Learning and gaining experience is not always easy, especially not easy when you lose money, and this is inevitable in the learning process. Many beginners come to the world of cryptocurrencies without fundamental knowledge, they are attracted by the opportunity to get quick and easy money, but as we know, everything is not so simple here. And before the result is achieved, a person must obtain the necessary knowledge, this is applicable to any profession.

right, it's not that easy to save money in bitcoin, especially for beginners who are only covered by the expectation of doubling money, many times they fall into disappointment because they don't have enough knowledge and experience. many of the novice investors were intrigued by the euphoria that ensued, so it seemed that they were just following the trend of buying bitcoins. Hopefully in the future we will be better at dealing with the situation

[MiF]

Cryptocurrency is a decentralized means of saving money. Many have embraced  bitcoin and invested exclusively in it while others keep on giving it negative claim upon their ideology about it.

The crypto market is liberated from the political ideology or conviction. Some believe there are myths encompassing the bitcoin which are stowed away from the knowledge on the general population.

Today the conflict among Russia and Ukraine significantly affects the monetary area and furthermore tech organizations among different ventures. Foreign organizations or firm won't have any desire to put resources into them, particularly the sanction on Russia. Individuals are starting to lose revenue on the monetary area in light of its centralized strategy, assuming this prompts bankruptcy, it will influence every one of those that have reserve funds with them.

Cryptocurrency as a decentralized means of saving money won't be impacted adversely in any way as its approach and policy has no terrible impact in the general public

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.

The safetiness of cryptocurrency is depend on how you handle every situation or in every coin that you wanted to have and hold. Sometimes many new investors invest in meme coin because of its very low price you can buy thousands of token for just one dollar but the problem thier is that meme coin is a very risky type of investment. But of you wanted to invest with low risk you can buy trusted coin like btc, bnb ,eth.ada,dot,ftm,etc.,you can hold trusted coin for a long time and collect profit everytime when market is in bullish situation.

[Mehedi72]

Cryptocurrencies means what i understand is, bitcoin & altcoins. Bitcoin is decentralised currency, hard to manipulate like others altcoin. Controversies are still there but investing with bitcoin, it always prove how safe it is in long period. But altcoins are most of centralized, easily manipulated by team and risky to invest than bitcoin. But before investing, you should know crypto market is volatile,  it can fluctuating by their price in short time. Nothing is 100% safe but even if you want to consider here anything as safe then bitcoin is safest one

[xSkylarx]

~

...Or can be mentally destroyed because of crypto. Crypto is not your quick rich scheme and people still don't get that even with the volatility of the price. Some even make a bad decision such as quitting their job for crypto trading full time or even loaning loads of cash just to invest it all in crypto.
People are really desperate, eh?

Yeah, a lot of my friends quit their jobs to do trading. Most of them are really earning profit on a monthly basis, but sometimes they lose, but this is better, as they say, than those 8am to 5pm on their cycle. When they trade, they only allocate a few hours to it and it is really fun to read news and learn things. They have more time for themselves and their families. But still, this is a risky thing to do, but they took the risk. As for myself, I am scared to go full time trading, but if I am ready sooner, I will try

[|MINER|]

~snip~

I don't understand that , Do you mean cryptocurrency means only Bitcoin? Whatever it is, investing in cryptocurrency is safe or risky, it totally depends on you. Lets say you invested in Bitcoin then you don't have to worry about the risk. I will always say that the btc has a bright future and there is no chance that it's being scam. Yes there is a problem with it's volatility but at the end of the day it will bring good profit. We just have to be patient.

[arapgeceleri]

I have been following blockchain technology and bitcoin for many years and this distrust continues for many years. but there is a detail that this distrust started to increase at the same rate as the increase of shitcoins and exchanges hacked or the founders of some fake exchanges defrauding people. this is so normal. What is not normal is that this technology is only seen as a scam. It would be wrong to ignore the importance of these technologies and ignore real and solid teams and projects.

[Fredomago]

Cryptocurrencies means what i understand is, bitcoin & altcoins. Bitcoin is decentralised currency, hard to manipulate like others altcoin. Controversies are still there but investing with bitcoin, it always prove how safe it is in long period. But altcoins are most of centralized, easily manipulated by team and risky to invest than bitcoin. But before investing, you should know crypto market is volatile,  it can fluctuating by their price in short time. Nothing is 100% safe but even if you want to consider here anything as safe then bitcoin is safest one

You know and understand how the market works before you invest your money, without better knowledge you can simply play with how the market moves, it's safe in the sense that you understand what you are doing, by knowing all the influence that affecting your investment, it will be easier to you to avoid those scam projects and stay with good ones that will generate profits.

More on your own assessment that will guide you to pick the right investment and the right way to protect your money while you are inside this industry.

[bangjoe]

If it is about securing the future, then without doubt it is the safest way to enjoy the future. What we save today will surely help us in the future.

I can agree that investing in crypto is the way to help our financial strength in the future. But I don't think it is the safest way, investing in crypto has a high risk, no one knows what to happen to crypto investment in the future. That's why we don't invest all our money in crypto, just use the money that we can afford to lose. Put all money in crypto investment isn't the right way to secure our future.

I agree that owning cryptocurrency assets is one way to make us safer in the future, but let's see what assets we have. Is it a coin that does have a bright future or vice versa? Because even though I get profits here, but not infrequently I also feel a loss due to my lack of caution. And I agree it is better to invest only in the form of money that we are prepared to lose.

[sakil200]

If you buy any coin other than stable coin. Then it will be Rix because the crypto market cannot be trusted. One night will make you rich. It will make you poor again overnight. I think investing in the crypto market is very risky.

[be02659]

I agree its risky business, even for stable coins. But there may be some merit in looking at the use case of coins as some measure of their value. Although I realised with my own portfolio, when the market takes a dive, no one seems to care which coins have utility and which do not...

[blackkat071]

Bitcoin is very risky to those who do not have clear idea of it. but one thing i can say that bitcoin price will rise until the complete 21 million coins are mined. No matter how many crashes come or any disaster occurs, i believe in bitcoin and so you should too.

Btw when i joined bitcoin community my first though about this was it is something like forex or stock markets, but when you see the massive volatility around this its much clear why newbies are scared of it, and i am from India and here they have imposed 30% tax rate on the profiles made by bitcoin. I guess that is fueling more to the fear.

[CryptoQED]

Hello all

[Mr.sprin]

I dare say if you invest in a stablecoin like USDT then you will be safe but if you invest in a volatile alcoin then it is a big risk and you can get a big profit too, if the current market position it is better to invest with a big coin like eth coin and coin bnb because there is a possibility that these two coins will go up in the future.

[CryptSafe]

Cryptocurrency is a decentralized means of saving money. Many have embraced  bitcoin and invested exclusively in it while others keep on giving it negative claim upon their ideology about it.

The crypto market is liberated from the political ideology or conviction. Some believe there are myths encompassing the bitcoin which are stowed away from the knowledge on the general population.

Today the conflict among Russia and Ukraine significantly affects the monetary area and furthermore tech organizations among different ventures. Foreign organizations or firm won't have any desire to put resources into them, particularly the sanction on Russia. Individuals are starting to lose revenue on the monetary area in light of its centralized strategy, assuming this prompts bankruptcy, it will influence every one of those that have reserve funds with them.

Cryptocurrency as a decentralized means of saving money won't be impacted adversely in any way as its approach and policy has no terrible impact in the general public

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.

You are asking how safe is it to invest in crypto currency? You should know that before you venture into anything you have to do a little research on it. Now to your question, it is advised that you invest what you know you can afford to loose and secondly you should as well know that crypto market is volatile. Currently it's bear market and as a smart Crypto investor, you should know what to do.