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Topic: How risky to invest in cryptocurrency? - page 39. (Read 3046 times)

member
Activity: 280
Merit: 10
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?

For beginners, it is risky because they still have little knowledge about the reliable websites and campaigns to join to. They are highly at risk when it comes to scammers. Also if they don't know the analysis of the values, they might end up investing at a bad time. The least they can do is to ask the ones who already joined in crypto and have already a long time experience. Also, search as much as possible about crypto related topics like how the system works and how to see if the websites you join to is reliable and trustworthy.

As a beginners we must be observant and creative in things we want to join and have less knowledge about it, but risk is part of success as long as we learned from our mistakes and ready to bounce back and willing to fulfill our goals and objectives in crypto world.
member
Activity: 224
Merit: 10
Cryptocurrency is a very risky investment platform, The market is characterized with high volatility and unpredictability making it even worse to an investor, this is a market where anything can happen.
full member
Activity: 728
Merit: 101
actually all types of investments have risks, it's just the level of risk is different, but I do agree if the investment in crypto can be said to have a high level of risk, but this depends on individual strategies of each
member
Activity: 322
Merit: 12
The risk is you can lost all of your investment. But it is rarely getting loss everything, maybe 3 or 5 times from all of your investment. Of you want to invest because you're new in crypto, better to choose the right coin like bitcoin or ethereum. These good for you, and you can learn little by little next in trading activity.
hero member
Activity: 2128
Merit: 520
The risk in cryptocurrency is that you can lose all your money in crypto investment. It doesn't matter if you are a newbie or an expert its possible to lose your money in crypto. The only precaution is that you should try demo trading on exchanges before you invest your money.
Depend on what project to support, if you are holding quality project then you can hold it for some time and wait till the value bounce back, that's why its really important to learn with different coins and what is the target venue of that said project, business proposal and how things are progressing, value your money and keep yourself away from scam coins.
member
Activity: 573
Merit: 11
The risk in cryptocurrency is that you can lose all your money in crypto investment. It doesn't matter if you are a newbie or an expert its possible to lose your money in crypto. The only precaution is that you should try demo trading on exchanges before you invest your money.
full member
Activity: 773
Merit: 100
Since the market is unstable and it is not clear what is happening now with the crypto currency, then when investing there are risks, how to lose everything, and multiply your investments. And even more so a beginner is very easy to deceive.
member
Activity: 308
Merit: 49
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?
I think this is very broad in its meaning to discuss the investment of cryptocurrency. To learn to be an investor, I recommend buying an existing coin in the market, and you have to determine which cryptocurrency market to choose based on:
1. The International markets such as Binance, Kraken, Bittrex, HitBTC, and others
2. The local market depends on your domicile, as it facilitates in your language and currency exchange
newbie
Activity: 73
Merit: 0
Any investment can be risky if you are not being careful and mindful in your decisions. You have to think wisely before deciding whether you should buy now or sell now. You have to be able to cope up with the stress and pressure just for your investment to survive.
member
Activity: 337
Merit: 15
It's not requisite to risk your possessions to have large investments in cryptocurrency. You can just start with a small investment and then wait for it to grow. Allow yourself to be free from losing properties and your investments come to nothing by refraining yourself from being impulsive. The behavior of cryptocurrency market is unpredictable; one moment its reaching the top, then kissing the bottom one day. It's not a bad thing to let yourself make large investments but not to the extent of risking what you have would not only affect your life but also the life of others, like your family.

It is indeed very risky decision to invest in cryptocurrency. In making an investment it is not necessary to risk all of your possessions but, to take a portion of it to make profit, to let it grow. Seek the knowledge that you will need and make a strategic plan that will help you reach your objectives. We all should assumed that the fact that cryptocurrency is under this digital world, which can grow in an instant, it can also fall and vanish promptly. You should risk what you are willing to lose.
newbie
Activity: 150
Merit: 0
The main risks in the crypto currency market are high volatility and storage of assets. I would advise you to devote enough time to safe storage of crypto currency.
legendary
Activity: 1148
Merit: 1006
Very risky, it's not like investing in stocks where you're investing in a company with years/decades of history. Most of crypto investment is based on what may happen in the future.
Yes stock investment is different it depends on company performance and if we invest in the beginning a long term definitely it gives us a good profit. like this we can't trust cryptocurrency.

Surely, the newbie risks more than a professional trader and investor. meanwhile, I am sure that even those people that have the greatest skills in dealing with the cryptocurrencies know that they risk.
Crypto investment is not easy for newbies because it will not understand easily, people can invest in shitcoins and lose money. even the professionals also not make 100% profit in trading its right.
newbie
Activity: 98
Merit: 0
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?

It seems to me that for beginners the biggest risks are related to the safety of your money on the exchange or wallets. For safety it is necessary to be very careful and cautious. It may happen that you do not have time to lose them on the exchange, as before you have them stolen Cheesy
full member
Activity: 406
Merit: 100
Very risky, it's not like investing in stocks where you're investing in a company with years/decades of history. Most of crypto investment is based on what may happen in the future.

Surely, the newbie risks more than a professional trader and investor. meanwhile, I am sure that even those people that have the greatest skills in dealing with the cryptocurrencies know that they risk.
member
Activity: 336
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Very risky, it's not like investing in stocks where you're investing in a company with years/decades of history. Most of crypto investment is based on what may happen in the future.
newbie
Activity: 84
Merit: 0
Any investing is risk especially if you do not know what your doing
how to avoid this and not run the risk??
Risks can not be avoided. You can only gain experience, read more on the topics of crypto currency and study all kinds of information sources, such as telegram channels, medium, twitter, YouTube.
thank you so much and will do
newbie
Activity: 61
Merit: 0
our whole life is full of risks, but investment in the crypto currency is not the greatest risk.  if you at least have some understanding in this area, then I definitely recommend going into it and investing, but with the mind.
full member
Activity: 486
Merit: 100
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?

The risk of investing in the cryptocurrencies market with the newbie is very high. The newbie who has no trade experience will easily be confused, fearing that the market price will continue to fall, and panic sell will be inevitable so they can cut losses and exit the market. So if you are a newbie, what you need to do before investing is learning the knowledge of cryptocurrency.
full member
Activity: 445
Merit: 100
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?
Risk comes from the market volatility. if you are new and is not yet still awared that the dumps in the msrket are normal, you will surely lose profit whenever thebmsrket is falling. Avoid selling especially if the market value of cryotos are decreasing. So there's not that much. The risk is only due to the sudden changes in the market value whereas the solution is patience.
newbie
Activity: 154
Merit: 0
I think almost everybody know the risk that they are willing to take before joining here in cryptocurrency.But for some who doesn't know yet,one reason why it is too risky to invest in cryptocurrency is the volatility of the coins which anytime the value of that certain coin may go down rapidly that may sometimes caused a panic selling to each and everyone who are new to this crypto world.To cut loses,they will sell it anyway because they're afraid to lose all their investment.Another risk is the issue about scam and hacking of coins in an exchangers which happens a few weeks ago.
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