Before you invest in crypto know the risk.

[yixichloro2xx]

Cryptocurrency or crypto,is virtual or digital assets purchase with real money,you can buy it with dollars or with any currency depending on your country currency,crypto is being traded on blockchain technology.take note only on blockchain technology any other technology is a scam.crypto doesn't have all the values of real or fiat currencies,cryptocurrencies like BTC and other shitcoins are different from stocks and real money.crypto is not regulated like stocks or real money insured in bank,crypto high risks can offer big rewards or huge losses.my advice know what you are doing.

It is more saver knowing the risk involved before jumping into any investment to save your head from heart break or mental doom, however their was one of my friend that ran into a business deal without proper investigation about the potential risk involved if truely it was an authentic deal or  a scam , little did he knows that the single action of he's was the fastest track  to his down fall, though he was lucky enough to notice a fowl play on time but sadly enough he already lost over $1000 before realizing.

Stressing further, their is no investment that doesn't has a risky side of it, the ability of discovering the risk involved and figuring a better way of conquering it is what actually makes one a successful investor and that's true, moreover no investment is risk free you must be a risk taker if you really want to be a successful investor.

‎People most often talk about profit without ever remembering the risk that associate with it. Any projects or deal that promises that there will be fast returns without clear details should be a red flag to us. Yes risk is part of any investment well make , because that what but growth, but blind risk is gambling. Learning how to research about a project,  ask questions from people who are into it and starting small can save a lot of money. Losing as a result of mistakes can teach big lessons. As an investor there is no way you can avoid but can manage it with patience and discipline.

[iBaba]

Sure, is very necessary for one to know the risk that is involve in crypto investment before investment will be made should incase the outcome didn't work as you expected you won't panick, or considering your own case being different from other investors. Because most guys always form the habit of jumping into something probably after they most have heard success story about how must folks are making a huge profit from thier investment without knowing that those folks do experience lose most times in the market.

I think it should not just be about crypto alone but generally in all our decisions, before we make those decisions, it is best that we analyze them carefully so as to ensure that we understand the risks involved in it and more. When you don't measure the risks behind whatever decisions we take, we might not know the resultant effects of them. We might go ahead to put our legs on ditch we can't step out as a result of not measuring the depth of it. That is the main reason why we must always take it upon ourselves to ensure we do the proper check on the business or the crypto we are investing in so we can know how best to manage the risk involved in our decisions.

[fredericktaylor]

Sure, is very necessary for one to know the risk that is involve in crypto investment before investment will be made should incase the outcome didn't work as you expected you won't panick, or considering your own case being different from other investors. Because most guys always form the habit of jumping into something probably after they most have heard success story about how must folks are making a huge profit from thier investment without knowing that those folks do experience lose most times in the market.

I think it should not just be about crypto alone but generally in all our decisions, before we make those decisions, it is best that we analyze them carefully so as to ensure that we understand the risks involved in it and more. When you don't measure the risks behind whatever decisions we take, we might not know the resultant effects of them. We might go ahead to put our legs on ditch we can't step out as a result of not measuring the depth of it. That is the main reason why we must always take it upon ourselves to ensure we do the proper check on the business or the crypto we are investing in so we can know how best to manage the risk involved in our decisions.

Yes, Every investment has risks, but they are less and more, so it is very important to gain good knowledge about that subject before investing anywhere, when an investor is aware of the risks in advance, it will be much easier to manage the investment consistently. When an investor gains the right knowledge about cryptocurrency along with being aware of the risks, it is very easy to wait patiently for a long time. Success can be expected by consistently managing investments by being aware of the risks by following the right rules and by patiently waiting for a long time.

[Fiasem20]

crypto high risks can offer big rewards or huge losses.my advice know what you are doing.

With this mindset of yours,I would want to know if you know what you’re doing?because most newbies are carried away by the quick returns offered by shitcoins,blindly neglecting the potential of bitcoin in the long term.Many consider the volatility of cryptocurrency as a risk factor,that’s why most investors prefer dealing with assets that are stable but nevertheless the volatility hasn’t stopped investors from investing rather it’s volatility also stands as an advantage to accumulate extra coins to one’s portfolio during the dip.So lately,I’ve been talking about cryptocurrency which sound like a general term,I’m going to be specific now on what I want to say,bitcoin being the major asset in the crypto space doesn’t need more research because literally there’s no time to check time,it’s either you start right away or you keep procrastinating.

[icebar]

Cryptocurrency or crypto,is virtual or digital assets purchase with real money,you can buy it with dollars or with any currency depending on your country currency,crypto is being traded on blockchain technology.take note only on blockchain technology any other technology is a scam.crypto doesn't have all the values of real or fiat currencies,cryptocurrencies like BTC and other shitcoins are different from stocks and real money.crypto is not regulated like stocks or real money insured in bank,crypto high risks can offer big rewards or huge losses.my advice know what you are doing.

I agree with the high risk and high reward. We all want to profit from our investments but if no one wants to take risks then it is never possible to profit from that investment. Of course everyone should have the humanity to accept risks. Even though Bitcoin is a volatile investment platform, everyone who invested in it with faith has benefited. Those who lost faith are regretting it. If you want to profit, you have to accept the risk of loss. There are some who are ready to take risks but even if they make a small profit, they cannot bear that greed and some people panic at a small price decline. In such a situation, it is not possible to profit from investment. If there is faith in investing in Bitcoin and the tendency to hold it for the long term, there is no possibility of losing.

[Y3shot]

Cryptocurrency works more when you understand it, you cannot invest in something that you don't understand. You must also know that the market doesn't operate based on your mistakes...this is why you must understand the market first before you think about trading, don't just dive into it and start chasing Profit...go for the knowledge first and after a few months you can work on making money form it.. cryptocurrency is risky but the losses can be controlled when following the principle of risk management

Knowledge im cryptocurrency is paramount , it is not one keep aside because when you dont have a good understanding you go about it the way you like and you wont even know what to do to obtain profit. The truth is that you cant go into cryptocurrency with a blank understanding and expecting to make profit from it. Having knowledge is the most important thing to gain when trading bitcoin or investing it because it is degree of understanding that determine if one will be successful in bitcoin. Just because some people are so desperate of making money quick they ignore having knowledge.

[AGogi2003]

I think it should not just be about crypto alone but generally in all our decisions, before we make those decisions, it is best that we analyze them carefully so as to ensure that we understand the risks involved in it and more. When you don't measure the risks behind whatever decisions we take, we might not know the resultant effects of them. We might go ahead to put our legs on ditch we can't step out as a result of not measuring the depth of it. That is the main reason why we must always take it upon ourselves to ensure we do the proper check on the business or the crypto we are investing in so we can know how best to manage the risk involved in our decisions.

You are right, in everything we does we need to analyse it well so that we will know the risk involves because anything we're doing we should no that they is risk, nothing good comes without taking the risk we always invest to get profit. but we can't get profit if we didn't take the risk that is why investors always says without risk they is no reward we need to make our mind to chase our goal and we need to face some challenges and the challenges are the risk we takes, and we need to understand what we're doing first before investing our funds in it, they have some people that just invest without understanding how he goes. If you have knowledge about crypto you will know how to manage your risk without losing alot but if you didn't know anything about it and you invest, you can probably lose everything because you just invest to get profit when you don't know how to mange your funds, that is why even people that always invest that get knowledge about crypto, always used DCA method to invest because that is what will minimize there risk.

Cryptocurrency works more when you understand it, you cannot invest in something that you don't understand. You must also know that the market doesn't operate based on your mistakes...this is why you must understand the market first before you think about trading, don't just dive into it and start chasing Profit...go for the knowledge first and after a few months you can work on making money form it.. cryptocurrency is risky but the losses can be controlled when following the principle of risk management

Everything always comes easy if you understand the step, and in crypto you need to achieve the knowledge first before starting the journey nothing comes easy if you really want to become rich in crypto, you need to risk and get experience in it and know the types of coins you will buy and hold. the best coin that is better and you won't feel disappointed is bitcoin that you can buy and hold for long term and get guarantee of getting profits, because know matters years if you're patient you will surly get profit in bitcoin but he won't come easy that is why to need to get knowledge. To know that these coin is only for a long term purpose. Trading is the risk you will take to get huge profit if he favours you, but knowledge is the first thing to fight for to achieve the experience before taking the risk. In Trading if you don't understand it you will lose everything. Is better you don't understand anything and invest then putting money in trading when you don't get any experience and understanding.

[Agbe]

Op after careful reading of ur content, I no come see any risk you mentioned there and all di things I saw there na to tell people about bitcoin bitcoin and there was no good information there. Ur topic and body of di thread e no dey correspond. Di volatile nature of bitcoin make risky. And since we know say bitcoin na volatile thing, if you dey invest na long term investment nai ur go do and not short term but if you must do di short term, u go be fast and calculative investors.

[Cgrexp]

The crypto market can lead to extraordinary profits as well as large losses. And an ideal investor knows this very well and prepares accordingly. It is necessary to invest with knowledge and risk tolerance in the event of market fluctuations. Those who are not aware of the risks or do not have knowledge, even if they have a long-term goal in investing, get disappointed and sell when the market fluctuates. Many people lose money by investing large amounts at a time. Therefore, it is necessary to have risk tolerance and self-control before investing.

[Princesslelee96]

Watin you talk na true, no be for only cryptocurrency self any business you won start you need to know the risk way they inside before you start am, like for crypto you need to carry am for the back of your mind say e they highly volatile in nature which mean say you fit use your money buy coin today and tomorrow the money reduce, maybe you use 30 thousand naira buy the coin e fit reduce the money to 10 thousand naira, so we need to know the risk before we investment when you know the risk way they inside e go help you make better choice of the kind of coin to invest your money into, for now the coin way better way be say volatile no they too affect am na only Bitcoin, some people go tell there friends about cryptocurrency investment but then no go tell them the risk way they inside.

I agree too because atimes too even when they spit out the risk some person too fit no cope just as them Dey talk say business is not for everyone so as Cryptocurrency investment no be for everybody, nai make e dey good to get complete knowledge before investing and again as newbie e go good make we invest small small.

[Judith87403]

This point is fair. Crypto is a digital asset purchased with true money and runs on blockchain. It isn't same as stock or fiat currency, and it is widely unregulated. This implies the risk is higher, with the opportunity of huge profits or losses that is painful. Those going into crypto have to understand it's basics, accept the risks  and just invest only what you can afford to lose.

[Bishop Victor]

Cryptocurrency or crypto,is virtual or digital assets purchase with real money,you can buy it with dollars or with any currency depending on your country currency,crypto is being traded on blockchain technology.take note only on blockchain technology any other technology is a scam.crypto doesn't have all the values of real or fiat currencies,cryptocurrencies like BTC and other shitcoins are different from stocks and real money.crypto is not regulated like stocks or real money insured in bank,crypto high risks can offer big rewards or huge losses.my advice know what you are doing.

Because of this, cryptocurrency is high-risk: it can offer big rewards or result in huge losses. My advice is to know exactly what you are doing before investing

[SuperBitMan]

Cryptocurrency or crypto,is virtual or digital assets purchase with real money,you can buy it with dollars or with any currency depending on your country currency,crypto is being traded on blockchain technology.take note only on blockchain technology any other technology is a scam.crypto doesn't have all the values of real or fiat currencies,cryptocurrencies like BTC and other shitcoins are different from stocks and real money.crypto is not regulated like stocks or real money insured in bank,crypto high risks can offer big rewards or huge losses.my advice know what you are doing.

Because of this, cryptocurrency is high-risk: it can offer big rewards or result in huge losses. My advice is to know exactly what you are doing before investing

Same thing I will advise anyone who i know is a newbie into bitcoin investment to always know exactly what he or she is doing, you can't just buy any crypto coin you see anyhow, some newbies think because bitcoin is growing that other crypto coin will grow like that too not knowing some crypto coin are scam and when you invest in it you will lose your money. When you are new into crypto you don't have to rush things you need to take your time and learn from other people what usually cause other people to lose a lot of money in crypto investment is because they rush into it because they heard of someone that has just made huge amount of money from their crypto investment.

[cxtreenal]

Cryptocurrency or crypto,is virtual or digital assets purchase with real money,you can buy it with dollars or with any currency depending on your country currency,crypto is being traded on blockchain technology.take note only on blockchain technology any other technology is a scam.crypto doesn't have all the values of real or fiat currencies,cryptocurrencies like BTC and other shitcoins are different from stocks and real money.crypto is not regulated like stocks or real money insured in bank,crypto high risks can offer big rewards or huge losses.my advice know what you are doing.

Because of this, cryptocurrency is high-risk: it can offer big rewards or result in huge losses. My advice is to know exactly what you are doing before investing

With risk comes high reward. Investors only want to be with profitable projects. Buying into cryptocurrency knowing that it is a risky investment can be a smart decision for you if you can be patient. Check the market cap of the crypto you are going to buy. You have made a meaningful point in very few words. But you need to be aware of the vast field of investment so that you can apply your own knowledge in making decisions. Analysis the crypto market and invest in the best coin than investing on the advice of others. Analysis the coin and decide according to the investment period. Most altcoins are good for short term trading. Bitcoin is best for long term investment.

[I_Anime]

crypto high risks can offer big rewards or huge losses.my advice know what you are doing.

With this mindset of yours,I would want to know if you know what you’re doing?because most newbies are carried away by the quick returns offered by shitcoins,blindly neglecting the potential of bitcoin in the long term.Many consider the volatility of cryptocurrency as a risk factor,that’s why most investors prefer dealing with assets that are stable but nevertheless the volatility hasn’t stopped investors from investing rather it’s volatility also stands as an advantage to accumulate extra coins to one’s portfolio during the dip.So lately,I’ve been talking about cryptocurrency which sound like a general term,I’m going to be specific now on what I want to say,bitcoin being the major asset in the crypto space doesn’t need more research because literally there’s no time to check time,it’s either you start right away or you keep procrastinating.

First there is no investment without any risk in it . Even when you are holding for long (is still risky) that’s why you  need a certain principles to follow when holding , same goes for trading , in this space in a whole nothing is risk free that’s why we should focus more on risk management.

This is why knowledge is very viral in this crypto space , because with the right knowledge you be able to avoid some heart touching stuff.

[Fiasem20]

crypto high risks can offer big rewards or huge losses.my advice know what you are doing.

With this mindset of yours,I would want to know if you know what you’re doing?because most newbies are carried away by the quick returns offered by shitcoins,blindly neglecting the potential of bitcoin in the long term.Many consider the volatility of cryptocurrency as a risk factor,that’s why most investors prefer dealing with assets that are stable but nevertheless the volatility hasn’t stopped investors from investing rather it’s volatility also stands as an advantage to accumulate extra coins to one’s portfolio during the dip.So lately,I’ve been talking about cryptocurrency which sound like a general term,I’m going to be specific now on what I want to say,bitcoin being the major asset in the crypto space doesn’t need more research because literally there’s no time to check time,it’s either you start right away or you keep procrastinating.

First there is no investment without any risk in it . Even when you are holding for long (is still risky) that’s why you  need a certain principles to follow when holding , same goes for trading , in this space in a whole nothing is risk free that’s why we should focus more on risk management.

This is why knowledge is very viral in this crypto space , because with the right knowledge you be able to avoid some heart touching stuff.

No doubt,knowledge play a crucial role in the crypto space,it’s even advisable to gain knowledge about an investment one is about delving into.Speaking of risk,it’s quite unfortunate that no investment is risk free.You holding bitcoin for the long term is also a risk because they’re scammers who are after bitcoiners holdings,so the ability for you to hold your coins safely from scam is also considered a risk.The aspect of volatility isn’t a big deal anyways if you’re a long term holder because the volatility is also considered as an advantage to investors.

[Plutomanian]

I guess crypto is not for everyone. It's definitely not everything you see a person do, it means you're obligated to do because everything can either turn out for the good or bad. But for cryptocurrency, it's very necessary to follow our path and understand the basic amenities of the space.

I know what I want but the question pops out in my head, are you ready to take the risk? Ofcourse I'm ready for anything that's coming next. The space can bring up to the top in less than few hours and can also send you back to trenches in the exact time. That's wise to invest with what you can afford to lose and not something too important.

[B-BossMan]

Building a house without foundation is a waste of energy and waste of resources, in cryptocurrency at large its very vital to know every risk that's involved in cryptocurrency, weather its Bitcoin investment or bitcoin trading for a short or long time, that's why it's always advisable for any newbies to try thier possible best and have at least a little knowledge on what they are about to do, when begin, how is it going to end?,  you don't just invest in Bitcoin without grasping how it works and the risks it took. However being a good learner on cryptocurrency space and play along the line with successful investors shall make you succeed in the life of cryptocurrency space.

[Crypto_Timothy]

Cryptocurrency or crypto,is virtual or digital assets purchase with real money,you can buy it with dollars or with any currency depending on your country currency,crypto is being traded on blockchain technology.take note only on blockchain technology any other technology is a scam.crypto doesn't have all the values of real or fiat currencies,cryptocurrencies like BTC and other shitcoins are different from stocks and real money.crypto is not regulated like stocks or real money insured in bank,crypto high risks can offer big rewards or huge losses.my advice know what you are doing.

Before you invest in anything at all always access the risk and if it is something you can survive then you can go ahead to invest else you afford even if everyone is doing it. We should know by now it is not what is trending that is good for everyone or that everyone can afford to have. So even in crypto before you start you must know the risk, in fact most educational materials or persons I have listened to always takes about learning first before actually Investing else you run the risk of just wasting people because you want to follow the trend .

[Thomas scholes]

Investing is sweet but there are important that beginners needs to understand. Many Nigerians are usually concerned about the benefits of cryptocurriences but not thinking about the risks associated. Price can drastically rise and fall within a short time and many beginners lose money because they lean on emotions while investing instead of strategies. Another risk to look out for is poor security. Scams, fake investment platforms and carelessly handling of seedphrases has caused many  people to lose their money permanently.
Beginners needs to understand that Bitcoin isn't a quick riches scheme. Cryptocurriences requires patience, continuous learning and risk management.