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Author Topic: Is Investing into crypto really safe?  (Read 1598 times)
Ojinga
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June 15, 2024, 12:25:09 PM
 #101

Crypto currency investment na risky kind of investment, because Several risk dey associated to this kind of investment, crypto currencies dey very volatile, come dey make crypto investors more vulnerable to losses,  but most persons no dey reason am , them invest in am heavily and most of them done cash out, and still most of them still loose money, crypto investment fit profit you or fit make you loose money before you close eye open, because the price fit climb or drop before you close eye open. E better to take the risk, but take the risk responsibly.

e no suppose to be risk to anybody because crypto currency na the only place way you fit invest still get hope, because check any other investment platforms way dey for the market na still crypto currency profit good pass. And if you know very well anything called investment loses most surely dey, no be say dem no dey reliable but believe say the mining dey change e fit go higher e fit still come down na the market be that. I no go talk say make you no think twice before you decide to start anything investment, na money you go use invest but just know the procedures and how it works but you see crypto currency you no gas think twice before starting investing with them. And if you believe say na risk then put am for your mind say so many things you need risk before you get something from it.
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June 19, 2024, 08:14:07 PM
 #102

Crypto currency investment has being the best kind of investment I have ever seen  because with great knowledge comes great responsibility I personally have I have invested in crypto and I have made a lot from it so just get the knowledge and invest in the best asset but mind you crypto asset investment are made for long term
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June 19, 2024, 09:01:37 PM
 #103

Cryptocurrency is a very risky investment, but in my opinion, it's not as risky as people say because I don't invest all of my money; instead, I count the money as a loss before I invest so that I won't be devastated if things don't work out. If, however, it does well, I remove my capital and invest again.
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July 17, 2024, 08:02:56 AM
 #104

Crypto currency investment na risky kind of investment, because Several risk dey associated to this kind of investment, crypto currencies dey very volatile, come dey make crypto investors more vulnerable to losses,  but most persons no dey reason am , them invest in am heavily and most of them done cash out, and still most of them still loose money, crypto investment fit profit you or fit make you loose money before you close eye open, because the price fit climb or drop before you close eye open. E better to take the risk, but take the risk responsibly.
Cryptocurrency investments can be volatile, and vulnerable to large, uncontrollable short-term price swings that can cause value to decline. Cryptocurrency should only be invested in if you believe in it and have a long-term holding strategy. I think there's no such thing as an easy way to make money without risk, so it's important to invest in bitcoins that believe in long-term prospects and play a role in large price swings.
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July 17, 2024, 01:10:43 PM
 #105

Crypto currency investment na risky kind of investment, because Several risk dey associated to this kind of investment, crypto currencies dey very volatile, come dey make crypto investors more vulnerable to losses,  but most persons no dey reason am , them invest in am heavily and most of them done cash out, and still most of them still loose money, crypto investment fit profit you or fit make you loose money before you close eye open, because the price fit climb or drop before you close eye open. E better to take the risk, but take the risk responsibly.
Cryptocurrency investments can be volatile, and vulnerable to large, uncontrollable short-term price swings that can cause value to decline. Cryptocurrency should only be invested in if you believe in it and have a long-term holding strategy. I think there's no such thing as an easy way to make money without risk, so it's important to invest in bitcoins that believe in long-term prospects and play a role in large price swings.
There is no where that's safe for your money, if save it in bank they will charge you for it, invest where you know will yield profit or doubt it, that's people are going in to Crypto with long term investment plan, if you hodl for long it will benefit you than Saving your money in bank where you earn no interest.  Take the risk in cryptocurrency and be Happy in the future.
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July 17, 2024, 05:52:29 PM
 #106

Crypto currency investment na risky kind of investment, because Several risk dey associated to this kind of investment, crypto currencies dey very volatile, come dey make crypto investors more vulnerable to losses,  but most persons no dey reason am , them invest in am heavily and most of them done cash out, and still most of them still loose money, crypto investment fit profit you or fit make you loose money before you close eye open, because the price fit climb or drop before you close eye open. E better to take the risk, but take the risk responsibly.
Cryptocurrency investments can be volatile, and vulnerable to large, uncontrollable short-term price swings that can cause value to decline. Cryptocurrency should only be invested in if you believe in it and have a long-term holding strategy. I think there's no such thing as an easy way to make money without risk, so it's important to invest in bitcoins that believe in long-term prospects and play a role in large price swings.
There is no where that's safe for your money, if save it in bank they will charge you for it, invest where you know will yield profit or doubt it, that's people are going in to Crypto with long term investment plan, if you hodl for long it will benefit you than Saving your money in bank where you earn no interest.  Take the risk in cryptocurrency and be Happy in the future.
You are correct. The ongoing socio-economic situation which is the dreaded form of inflation is chewing up your precious investment in the so-called condition. In return after some time after many deductions you get a small amount of profit and this is the picture of capitalist society. Holding Bitcoin deposits for a long time can be a profitable investment for you because of its decentralized system. The impact of inflation on Bitcoin is very limited. So you can increase your Bitcoin holding and take relaxing against inflation of regular life.

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July 18, 2024, 10:39:08 AM
 #107

Crypto is not an investment where you rush into without getting full knowledge of it and inproper research, and also when investing into crypto let it be a long term investment and also have it in mind that there are two things involve when making investment expecially altcoin is either you loss or gain, to succeed in crypto you need to have full knowledge about the particular coin you are investing into. And again life it self is all about risk but let be a calculated risk when it comes to crypto investment.
To me the risky management in crypto  is for daily trader if you be hodler is less, you have have to buy a stable coin into you wallet and let it  be, in every investment is for risky taker, if we keep talking about risky many people won't  invest in bicoint but is good they have a knowledge about the coin they want to invest in, and never force anyone to invest in crypto if they never know the risk wey follow am. also tell them the success of crypto too, make we not just talk about the risk, share success story with them.

investing in crypto is profitable and safer than any investment, it does not required  must processes just a practical knowledge and you are good to go, the decentralization should boost your confidence that your investment is in no human hand.
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July 18, 2024, 10:57:48 AM
 #108

Crypto currency investment na risky kind of investment, because Several risk dey associated to this kind of investment, crypto currencies dey very volatile, come dey make crypto investors more vulnerable to losses,  but most persons no dey reason am , them invest in am heavily and most of them done cash out, and still most of them still loose money, crypto investment fit profit you or fit make you loose money before you close eye open, because the price fit climb or drop before you close eye open. E better to take the risk, but take the risk responsibly.
Eh depends on wetin you dey invest on, Cryptocurrencies plenty but no be all worth investing on, make person no go invest in pump and dump or shit coin come feel relaxed say dem don invest for Cryptocurrency, eh no dey wise for person to just go invest heavily on coin wey no be Bitcoin cause the repercussion fit bad to the core and that's why the best Cryptocurrency anybody fit think of to invest on any day any time na Bitcoin cause other Cryptocurrencies dey depend on Bitcoin to gain value and even if person wan invest on Alts, make research, check if eh get potential, observe the market cap before you rush go invest, else the person go continue to lose money even without blinking their eyes, Cryptocurrency investment only dey very risky when person invest with zero knowledge or influence from the so called whales and investors online, make people dey do research before they invest and invest spare money to avoid stories that tough.

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July 26, 2024, 02:34:21 PM
 #109

Crypto currency investment na risky kind of investment, because Several risk dey associated to this kind of investment, crypto currencies dey very volatile, come dey make crypto investors more vulnerable to losses,  but most persons no dey reason am , them invest in am heavily and most of them done cash out, and still most of them still loose money, crypto investment fit profit you or fit make you loose money before you close eye open, because the price fit climb or drop before you close eye open. E better to take the risk, but take the risk responsibly.

Of course as long as crypto investment is concerned na two things na in dey involved that's is either we loose or we gain, this one dey very certain. obviously crypto investment dey very risky that is why we no  need to rush am, we need to settle down so that we fit get all the necessary information about crypto investment so that we no go too much experience lose in the market.

Actually I prefer bitcoin investment than any other Investment although bitcoin Investment is also risky but you no fit compare am with other Investment, although bitcoin Investment no be waiting go profit us within a short period, but I will rather wait patiently untill the right time instead of investing in all this pump and dump coin.

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July 26, 2024, 03:12:56 PM
 #110

If u look at d population of people dat show interest in crypto investment, u will no dat crypto investment is very safe more than some investments in d country because there is no third party dat u will disclose your personal details before u can have access to your coin. if u are talking about risk, every potential investments in d world has a risk which people must face for dem to b able to get wat dey want from d investment, yes crypto investment has risk which I will not deny dat op, but don't invest wat u cannot afford to lose in crypto investment because u will not hold anybody responsible for your losses in d investment, which is d reason u need to learn to achieve d knowledge of crypto before u can start investing your money in crypto investment.

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July 26, 2024, 07:37:33 PM
 #111

Crypto currency investment na risky kind of investment, because Several risk dey associated to this kind of investment, crypto currencies dey very volatile, come dey make crypto investors more vulnerable to losses,  but most persons no dey reason am , them invest in am heavily and most of them done cash out, and still most of them still loose money, crypto investment fit profit you or fit make you loose money before you close eye open, because the price fit climb or drop before you close eye open. E better to take the risk, but take the risk responsibly.
My brother e no get any thing wey risk no dey for this life, even if you wan open shop start to sell or even wan go school sef you go see na life itself na risk so Bitcoin investment is no difference except sha if you dey go put your body for things and coins wey no make sense and when you look at the crypto market then you go see a lot of them wey full there but if na Bitcoin you put your funds instead then I fit tell you say the risk is not as much as you see am.

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July 26, 2024, 09:19:18 PM
 #112

Crypto currency investment na risky kind of investment, because Several risk dey associated to this kind of investment, crypto currencies dey very volatile, come dey make crypto investors more vulnerable to losses,  but most persons no dey reason am , them invest in am heavily and most of them done cash out, and still most of them still loose money, crypto investment fit profit you or fit make you loose money before you close eye open, because the price fit climb or drop before you close eye open. E better to take the risk, but take the risk responsibly.

Of course as long as crypto investment is concerned na two things na in dey involved that's is either we loose or we gain, this one dey very certain. obviously crypto investment dey very risky that is why we no  need to rush am, we need to settle down so that we fit get all the necessary information about crypto investment so that we no go too much experience lose in the market.

Actually I prefer bitcoin investment than any other Investment although bitcoin Investment is also risky but you no fit compare am with other Investment, although bitcoin Investment no be waiting go profit us within a short period, but I will rather wait patiently untill the right time instead of investing in all this pump and dump coin.
This thing you talk ah no agree with am. If investment they properly looked into the possibility of losing in investment they small well well. But as an investor e dey wrong say you gather the mindset say investment na either you lose or you win. E make sense if you carry for mind say you go fit follow your investment well and make profit.

Investment is going to break you or make you depend on the decision you make as an investor. The longer we keep our investment the better for us to make potential gains.

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August 13, 2024, 09:18:32 PM
 #113

Eh depends on wetin you dey invest on, Cryptocurrencies plenty but no be all worth investing on, make person no go invest in pump and dump or shit coin come feel relaxed say dem don invest for Cryptocurrency, eh no dey wise for person to just go invest heavily on coin wey no be Bitcoin cause the repercussion fit bad to the core and that's why the best Cryptocurrency anybody fit think of to invest on any day any time na Bitcoin cause other Cryptocurrencies dey depend on Bitcoin to gain value and even if person wan invest on Alts, make research, check if eh get potential, observe the market cap before you rush go invest, else the person go continue to lose money even without blinking their eyes, Cryptocurrency investment only dey very risky when person invest with zero knowledge or influence from the so called whales and investors online, make people dey do research before they invest and invest spare money to avoid stories that tough.

I dey with you, na better thing you talks so, Cryptocurrency plenty no be all really dey important to invest on, any coin aside from Bitcoin I no go advice anyone to invest their money because market no too get joy these days, except the person want gamble with em money. We need to avoid some shit coin because before you know person don lose money, e go just be like person wey use em money play virtual game. Grin lack of knowledge don make plenty people to lose their money in Cryptocurrency, they no get the kind of motivation they need in a crypto before they begin to invest. I believe say Cryptocurrency investment risk dey involved but as you talk am, make we no risk am to invest the money wey we go need to fix problems later, we should invest any spare money wey no go affect our plan for the future.

R


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August 13, 2024, 10:58:39 PM
 #114

If u look at d population of people dat show interest in crypto investment, u will no dat crypto investment is very safe more than some investments in d country because there is no third party dat u will disclose your personal details before u can have access to your coin. if u are talking about risk, every potential investments in d world has a risk which people must face for dem to b able to get wat dey want from d investment, yes crypto investment has risk which I will not deny dat op, but don't invest wat u cannot afford to lose in crypto investment because u will not hold anybody responsible for your losses in d investment, which is d reason u need to learn to achieve d knowledge of crypto before u can start investing your money in crypto investment.

Not all crypto investments deserve to be invested in. The only coin you should invest in is Bitcoin. It’s the only coin that I will advise any investor to invest in. No matter how promising another project looks, I won’t advise investing in it because the risk of losing your money in those projects is higher than that of bitcoin. That's why it's not advisable to invest in any shitcoin. It's only bitcoin that is the safest crypto investment that can give you peace of mind, and you shouldn’t panic. 

R


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asarfiar
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August 14, 2024, 05:34:06 AM
 #115

Crypto currency investment na risky kind of investment, because Several risk dey associated to this kind of investment, crypto currencies dey very volatile, come dey make crypto investors more vulnerable to losses,  but most persons no dey reason am , them invest in am heavily and most of them done cash out, and still most of them still loose money, crypto investment fit profit you or fit make you loose money before you close eye open, because the price fit climb or drop before you close eye open. E better to take the risk, but take the risk responsibly.
Even as a newbie I have seen that crypto popularity is increasing day by day in recent times, and you will see people considering crypto as an investment opportunity. A common thing in crypto is to do your own research as it is important to understand what you are buying and to be aware of scams. But you also need to remember that all investments in crypto should be prepared to lose money, as the markets are volatile and unpredictable.
But I think among all the expected currencies in the crypto world, Bitcoin is the only currency proposed in recent times which is getting widespread promotion and spread all over the world day by day and Bitcoin investment is increasing. So I think don't delay investing in BTC.
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August 14, 2024, 08:28:47 AM
 #116


If u look at d population of people dat show interest in crypto investment, u will no dat crypto investment is very safe more than some investments in d country because there is no third party dat u will disclose your personal details before u can have access to your coin. if u are talking about risk, every potential investments in d world has a risk which people must face for dem to b able to get wat dey want from d investment, yes crypto investment has risk which I will not deny dat op, but don't invest wat u cannot afford to lose in crypto investment because u will not hold anybody responsible for your losses in d investment, which is d reason u need to learn to achieve d knowledge of crypto before u can start investing your money in crypto investment.

Yes, with the rate at which people are adopting cryptocurrency, especially Bitcoin, it shows that cryptocurrency is looking promising as an investment. However, for now, I can't fully say that crypto investment is safer than other investments. There is an improvement in its safety, but due to its volatile nature, the risk remains high compared to some investments like real estate and others. It is only Bitcoin that I would try to compare with other investments like real estate, but I don't think other coins are as safe. The risk is still significant, so one should not invest more than they can afford to lose. Bitcoin investment will be less risky when someone wants to hold it for a long time period of time.
Princess Leah
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August 14, 2024, 03:05:55 PM
 #117

Yes, with the rate at which people are adopting cryptocurrency, especially Bitcoin, it shows that cryptocurrency is looking promising as an investment. However, for now, I can't fully say that crypto investment is safer than other investments. There is an improvement in its safety, but due to its volatile nature, the risk remains high compared to some investments like real estate and others. It is only Bitcoin that I would try to compare with other investments like real estate, but I don't think other coins are as safe. The risk is still significant, so one should not invest more than they can afford to lose. Bitcoin investment will be less risky when someone wants to hold it for a long time period of time.

Yes, more people go come into Cryptocurrency in due time cause many people done dey study about am to know say to dey save for Bitcoin mostly better pass to save in Fiat currency also, Bitcoin na very good asset for investment compared to others and to talk about risk, eh get any investment option wey risk no dey inside? I no think so, wetin I think be say investment way person fit gain from most also get em own risk factor.

 Volatility na the nature of Bitcoin, investors gats to love the Volatility to succeed for Bitcoin investment, no be ponzi schemes so any new investors must learn to adapt to the Volatility wey be the nature of Bitcoin to become successful Bitcoin investor.

 And as for others coins, I believe say good ones still dey sha but I no fit reason to invest better money inside any other coin apart from Bitcoin I go only take them seriously only if na through airdrop or something like the recent tap mining like Notcoin.
Different patterns
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August 14, 2024, 04:26:26 PM
 #118

Crypto currency investment na risky kind of investment, because Several risk dey associated to this kind of investment, crypto currencies dey very volatile, come dey make crypto investors more vulnerable to losses,  but most persons no dey reason am , them invest in am heavily and most of them done cash out, and still most of them still loose money, crypto investment fit profit you or fit make you loose money before you close eye open, because the price fit climb or drop before you close eye open. E better to take the risk, but take the risk responsibly.

You really come with a good question, you can see that everyone is trying their possible best to explain to you the dangers in cryptocurrency and also sweetness part of it, but the major thing is that you as an investor who want to invest in cryptocurrency should know the condition attached to the coin you are about to invest in,

And also make your research about the coin, is it righteous time to invest, people also recommended you to the best you can invest your money on which is bitcoin, that's where you can have rest of mind,
Bitco55
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August 15, 2024, 04:35:41 AM
 #119

Crypto currency investment na risky kind of investment, because Several risk dey associated to this kind of investment, crypto currencies dey very volatile, come dey make crypto investors more vulnerable to losses,  but most persons no dey reason am , them invest in am heavily and most of them done cash out, and still most of them still loose money, crypto investment fit profit you or fit make you loose money before you close eye open, because the price fit climb or drop before you close eye open. It is better to take the risk, but take the risk responsibly.

I don't think there's any such thing as a responsible risk. Risk is a risk. Unless you mean taking risks with the right knowledge and all. Risk means you are ready to lose or win from the start. And about Bitcoin, that's how all investments are. From just buying land to company shares, stocks, etc, they're all risky.

Life itself is a risk, and we play with the odds every day. Trying is a risk, not trying is also a risk. I guess how you win or succeed just falls under what risk you choose to take and what losses you decide to make yourself vulnerable to. So, don't be scared of risks or to risk. According to the number 1 law in investments, "the higher the risk, the higher the returns" and then the number 2 says " the greatest risk is the risk of not taking any risk"
So, take risks, instead of being scared of them, fail, and get up. That's how it has always been.

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August 15, 2024, 06:39:15 AM
 #120

Crypto currency investment na risky kind of investment, because Several risk dey associated to this kind of investment, crypto currencies dey very volatile, come dey make crypto investors more vulnerable to losses,  but most persons no dey reason am , them invest in am heavily and most of them done cash out, and still most of them still loose money, crypto investment fit profit you or fit make you loose money before you close eye open, because the price fit climb or drop before you close eye open. E better to take the risk, but take the risk responsibly.
My brother e no get any thing wey risk no dey for this life, even if you wan open shop start to sell or even wan go school sef you go see na life itself na risk so Bitcoin investment is no difference except sha if you dey go put your body for things and coins wey no make sense and when you look at the crypto market then you go see a lot of them wey full there but if na Bitcoin you put your funds instead then I fit tell you say the risk is not as much as you see am.
:

I agree with you  that anything you want do have risk behind, it left for you to decide what to do even before investing in cryptocurrency, it's essential to have some experience or knowledge about it. If you're new to cryptocurrency, it's crucial to have someone who is well-versed in it to guide you. Don't jump into investing without understanding what you're putting your money into, as it can lead to panic and potential losses. Instead, take the time to learn and consider seeking advice from a trusted expert. But don't forget that Bitcoin is the the best.

Yes Bitcoin is the best. I think you don't need much experience to accumulate bitcoins because if you have the mindset that you will be a bitcoin holder then you can start today. For that you should have a reliable source of income and save a portion of the money left over after meeting your family's daily needs. Also you should gradually increase the amount of floating cash so that you can meet your urgent needs with cash. It is also important to increase the amount of real assets for regular Bitcoin deposits and long-term investments as you don't need to withdraw Bitcoins in an emergency.

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