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Topic: How risky to invest in cryptocurrency? - page 19. (Read 3046 times)

full member
Activity: 500
Merit: 100
It is definitely risky  to invest in cryptocurrency because the price of crypto is very  volatile. Changes happen without any notice. And you can lose all you have in a whink of an eye.
member
Activity: 238
Merit: 10
A state of crypto at the moment affects a lot of us, especially with the volatility in the markets at the moment. There is a war taking place for our hard earned money. Fiat vs crypto are duelling now, crypto may win.
newbie
Activity: 85
Merit: 0
There is always a risk, both for experienced and for beginners, now it is best to invest in BTC and ETH,these coins are the most reliable.
member
Activity: 938
Merit: 14
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The cryptocurrency market is volatile hence needs a critical study and analysis of the market in order to make strong predictions before you invest your money. The market becomes riskier to the investor who is not ready to learn about the crypto market and the coin with which he intends to invest in.
member
Activity: 240
Merit: 10
It is very risky especially when you are not that knowledgeable about what are the things involved in crypto currency. Also, it involves money and once you've transferred money you cannot undone it, the risk will always be there. It is better to know first what are the critical points when investing in crypto currency so that you can know what are the do's and donts.
newbie
Activity: 91
Merit: 0
For novices, not knowing the changes in this market is the biggest risk. When you invest in a coin, the fluctuation of this market will make you unacceptable, so the first thing a novice needs to do is to familiarize with the market and then slowly accumulate some Investment experience.
newbie
Activity: 55
Merit: 0
As risky as your investing appetite. The more you invest the more risk it is. However you need to have a plan.
Decide first if you are investing for long term or short term. Although sometimes taking profits along the way and buying back is better, but I still prefer longterm investments
newbie
Activity: 126
Merit: 0
In this kind of industry you need to set your expectation already that investing in Cryptocurrency is always a risk that is why you need to be very carefull for investing gather first information read some details about your investing make sure to invest just a small amount first if its work then goodthing you can earn double on it.
full member
Activity: 364
Merit: 100
Investing in cryptocurrency is risky if you didn't DYOR (do your own research) and you're just listen to others what they say. I advice you to learn every details in crypto, because your knowledge about crypto will be your friend here.
newbie
Activity: 51
Merit: 0
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?
Crypto investment is risky. However it has its own calculated risks. One major way to reduce the risks are to developdevelopuch knowledge about the Cryptos, it market and investment. With this your decisions and choices will be well informed.
full member
Activity: 630
Merit: 100
It is high,very high. I wouldnt suggest you to invest into crypto before you understand the whole market and do decent research about coins you are planning to buy
very good advice, because most people are only tempted by the benefits obtained when the risks are high enough if they do not understand the ecosystem of cryptocurrency. Similar to other investments, let alone cryptocurrency is very volatile, must be calculated correctly using the right analysis, so it can determine the position of buy and sell safely.
full member
Activity: 412
Merit: 152
Perceiving events in the future and beyond
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?

One must read to learn more. Thus, it is better for you to learn all the necessary knowledge before investing your money. Cryptocurrency is known for its gains than its losses. The risk is always present and the only precaution you have is the knowledge you've earned from reading.
hero member
Activity: 1316
Merit: 503
its very risky because if you examined more deeply, the world of crypto currency is almost like gambling but still can be predicted movement of the price but the risk in this field is very big.
jr. member
Activity: 101
Merit: 1
There are many risks in the crypto, but this you can minimize, you must have a lot of knowledge about cryptocurrensy, how to make money here there are many options, it all depends on how much you have money for investment, in many ways you can do to reducing the risk of loss include not panic, patience, check and keep trying. it is the best thing you can do.
newbie
Activity: 81
Merit: 0
Well in my opinion, It is very risky for the beginners to invest in cryptocurrency because prices are fluctuating day by day . Sometimes it goes up and sometimes go down. So it is advisable for the beginners to get knowledge about the cryptocurrency first before investing in it and also invest only in the popular cryptocurrencies like Bitcoin and ethereum.
newbie
Activity: 76
Merit: 0
There is always a risk of investment, now everyone knows how dangerous it is to invest in crypto currency, you should have a great experience in trading.
full member
Activity: 308
Merit: 100
For beginners can not predict the price and can not use technical and fundamental analysis, is a basic problem in trading, I think if you want to succeed then you must understand the technical analysis and fundamental analysis.
newbie
Activity: 216
Merit: 0
I think investing there must be risks and profits, all will return to us who make that investment. You do not panic with this risk, you just need knowledge and remain cautious. And then the risks here are irresponsible frauds, such as fraud on ICO and some projects.
jr. member
Activity: 238
Merit: 9
Being clear, crypto-currencies should be judged as decidedly volatile for no less than the near future nevertheless presently these will be redgarded moderately volatile to buyers.
member
Activity: 83
Merit: 10
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?

Everything on this earth were risky dude!  You have to be courageous indeed to face the challenge of Crypto-world!  Just my cent opinion.
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