Topic: Before you invest in crypto know the risk. (Read 41 times)

Actually I think investing in crypto is not bad. It is one of the lucrative platforms that adds so much value. Before anyone invest in any. They should do so research about it before investing

Buddy with this mindset of yours, are you sure you'll be investing in Bitcoin, as I checked you are a newbie and I believe what you need to be doing now is to build your mindset towards accepting and investing in Bitcoin instead you chose to discourage yourself with this kind of writteup, I want you to know that as far investment is concerned, risk must be involved,  I think you need to know more digital assets and again am not talking about all the digital assets am much concerned about Bitcoin which I will be happy if you get to know more about it.
As a newbie your message is very discouraging to your fellow newbies because no OG here would want to get stuck with this your writeup, if you've all this mindset about digital currency then am afraid you may not be ready for bitcoin investment.
Buddy haven't you heard about investing in Bitcoin for a long-term or are you not aware of the history that Bitcoin has made since it existence, the price of Bitcoin can depreciate and also upsurge but one thing you should know if you don't know already is that the value of Bitcoin remains and will be being valued more than both virtual money and fiat itself, I advise you understand the concept of this investment and start doing the needful instead of getting yourself stucked with this kind of procrastination mindset.

I never said all cryptocurrencies are scam,I only said that crypto is being traded on blockchain technology,only blockchain technology anything aside this is scam,my points are specific,no coin was tag scam on my thread.

You should revise your perception about cryptocurrencies. Not all cryptocurrencies are scams except Bitcoin. You can research the top cryptos. Bitcoin is the best of the best, with its vastness compared to other currencies. You are a new member and you need to learn more about Bitcoin so try it regularly. Known as a store of value, Bitcoin offers higher profit potential through long-term investment compared to investments in globally recognized real assets. Saving money in a bank or insurance company means you have entrusted your assets to a third party thats centralized control. Holding Bitcoin means you are the sole controller of your assets, without any third-party control and in a decentralized system.

Yes you are very correct. It's very important to know the risk and uncertainty involve in any investment before considering it as your line of investme because one of the reason why most investors are not sustaining their is that they tend to invest on sometimes base on what someone may tell them about the investment and profit he make from the system without trying to know what the system really entails and the risk involve.
Before considering digital currency investment you need to know the history and the economic performance of the coin you are investing in and when making investment it's important to have a descrisionery income that will help you in your daily financial needs because to make a good profit in digital currency investment require time and patience to hold it for long term .

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.