Is investing in cryptocurrency a risky game? 🚨

[Gaza13]

It is a fact that has often been explained that any investment that will be started must be long-term and never cross our minds that when we buy coins/tokens, the profits will come overnight because the crypto world is not the world like in the world of bedtime stories.

Well, for beginners who are still new to the market and want to participate, it's a good idea to enter with a small initial capital first and then after understanding market performance, then you can increase and increase the value of your investment periodically.

I personally see a lot of beginners trying to get in and only hoping to make a small profit after they trade their assets, but if they take the wrong step, especially when the market is volatile, the risk is quite high due to the potential market price. reversals will always follow the main coin i.e. BTC, so my advice is to buy one that has a history of protection and rapid price reversals.

Yes, before we invest, it would be good if we had a foundation of knowledge first before you put your money in the market. Indeed, investing to get maximum profits does not just happen overnight, it requires quite a long time. If we are confident enough to invest, what a beginner must do is start with very minimal capital first so that they can experience the very fluctuating price movements. If those who have just invested their money and sell with a small profit, I think they are still afraid of losing their money. From this experience they can continue to learn and develop their knowledge in their investments.

[Ndabagi01]

She said something that stuck with me, 'I don't want to play a high-risk game with my money'. And I get it, the thought of losing your investment in this economy is terrifying.

But it got me thinking, is investing in cryptocurrency really a risky game?

Investing in alternate cryptocurrency is risky and not cryptocurrency in general. Every form of investment comes with its ups and down. If your friend want to have an investment in cryptocurrency, she should invest in bitcoin. Less risk, higher reward when she waits for her investment to grow to the right time to take profit. A lot of good news in crypto but you have to not fall into the wrong projects because they’re enticing but just after how to scam you and get your money from you.

I mean, a lot of people are into it and we've all heard the horror stories about scams and hacks, but we've also seen the potential for huge gains.

So, is it worth the risk?

This depends on how you handle your portfolio, how you keep it secure and not into the reach of scammers or fraudsters in cryptocurrency. You can be scammed while invested in any of the cryptocurrencies that’s why having sufficient knowledge about cryptocurrencies before investing in them is very vital.

[passwordnow]

Well yes it is going to be risky for us to be a investor in anything. If it is going to be crypto or something else we will become worried about how does our portfolio look.

The worry will be decreased if you know what you have invested. The problem with many crypto investors is that, they have heard somewhere about how good a coin they've bought. But, if they have bought Bitcoin and just holds it then there won't be any problem at all and if they're long term holders.

And we can check it alot to see if they re is gains. Because if we are losing money we can not listen to all the fud to make us sell our coins. It is going to be risky but for alot of us investors also some big rewards.

Well, that's even more triggering when the value of our port is red and keeps on losing money. We'll listen more to the FUD and that's how the emotional stress starts. The risk that we take depends on how huge our port is and you're right, the bigger the risk taker you are, the bigger rewards that you'll get. And that's what people are looking at, only at the rewards not thinking how much risk the investor have taken before making such profits and gains.

[Ojima-ojo]

Depending on which of the cryptocurrency you are investing in, if you buy bitcoin your risk is highly minimal and the percentage between your loses and profits is higher in profits merging that is to say that you likely make more profits from bitcoin more than you make loses, which means your risk is almost none existence.


But altcoins on the other hand have high risk factors that is much more higher to lose than gaining from it investment.

[fuguebtc]

Depending on which of the cryptocurrency you are investing in, if you buy bitcoin your risk is highly minimal and the percentage between your loses and profits is higher in profits merging that is to say that you likely make more profits from bitcoin more than you make loses, which means your risk is almost none existence.


But altcoins on the other hand have high risk factors that is much more higher to lose than gaining from it investment.

Choosing the right assets to invest in can help minimize your risk and here bitcoin is an option but that is not enough to guarantee you will get a profit and it will certainly be risk free. There are still many people who invest in bitcoin but still lose money and the reason is due to a lack of understanding. So I think knowledge is the deciding factor. If you do not have knowledge then investing in bitcoin does not guarantee you will not face risks, but if you have full knowledge then investing in altcoins will bring more profits to you. The level of risk you will face will depend entirely on your knowledge.

[Yatsan]

If you're too concerned of market price volatility then yes, it would be a risky game. Loss due to market fluctuations are normal in cryptocurrencies because market prices are simply dependent with demand. Demand on the other hand is a changing variable due to many factors such as trends. Going back with risk and volatility, if you don't be selling due to panic whenever the price is declining then you'd be good already because market prices, especially the big names on the market are expected to always recover. No investment is risk-proof; cryptocurrency has high profit potential if you're an investor who knows how this industry works.

Whether it is with properties, stocks, or crypto industry, as long as there is a projected profit then there would always be a risk involved. If there's no risk then you won't be gaining anything from it.

[el kaka22]

Is it "risky"? It is. But, does that mean that you shouldn't? It doesn't. You should keep on investing into this, that way you are going to do a lot better, a ton of people invest into things that are risky to have a better life. The real question is that does the risk in bitcoin investment worth the possible rewards? And in this situation if we are talking about all the cryptocurrencies then I would say majority of them do not worth it, there are tens of thousands of them out there, so 99% of them do not worth the risk.

However, if we are talking about just bitcoin, or a few of the good ones, then I would say that it is definitely worth the risk because they are great to invest. That's how we should approach it, take the risk that comes with correct amount of reward possibility.

[Republikcoin.com]

Investing in alternate cryptocurrency is risky and not cryptocurrency in general. Every form of investment comes with its ups and down. If your friend want to have an investment in cryptocurrency, she should invest in bitcoin. Less risk, higher reward when she waits for her investment to grow to the right time to take profit. A lot of good news in crypto but you have to not fall into the wrong projects because they’re enticing but just after how to scam you and get your money from you.

From the advice you say, it is actually very good and not at all wrong because the direction is to consider Bitcoin more than other coins when someone wants to invest for a much longer period of time. Apart from that, anyone who still has time to research any project in order to increase their knowledge can also compare it with what has happened in Bitcoin. So our trust in Bitcoin can be much greater than in new projects which are unlikely to be able to develop much in order to surpass Bitcoin.

[Gaza13]

Depending on which of the cryptocurrency you are investing in, if you buy bitcoin your risk is highly minimal and the percentage between your loses and profits is higher in profits merging that is to say that you likely make more profits from bitcoin more than you make loses, which means your risk is almost none existence.


But altcoins on the other hand have high risk factors that is much more higher to lose than gaining from it investment.

This depends on how much money we invest in Bitcoin, the more money we put in of course the more profits we will receive. It is true that bitcoin has a smaller risk compared to altcoins, alts can disappear from circulation if the alt does not survive well, this depends on what alt you choose, if you choose one whose fundamentals are strong enough in this case it is much better, and of course each investor is different in determining their investment choices, this depends on how investors see opportunities in prices and see the percentage of profit if there is a new increase.

The opportunity for risk to occur will always exist, although in investing in Bitcoin the risk is smaller. However, investment and life are a unity that we cannot avoid. In this life, no one knows in the future how we can plan carefully or well, but if fate says otherwise, for example we experience a disaster, then there will be no more reserve funds in our life, there will only be our investments, if the price falls, of course there will be losses can't be avoided.