The percentage of the risk and profits in investing in crypto is about fifty-fifty.
Crypto is full of fluctuation, prediction, speculation, and also luck. If you are a beginner and you only follow the hype, you will lose more easily. But if you are beginner and willing to learn more about crypto, just learn it and analyze it. So you will get more profits.
Topic: How risky to invest in cryptocurrency? - page 46. (Read 3060 times)
As a beginner in cryptocurrency, my advise for u is to do proper research on any token you want to invest in and make sure you invest what you can afford to lose. There are a lot of scam projects on this space. To be on the saver side, invest in the top 10 tokens on coinmarketcap.com for now, you can start buying below top 10 as you get acquainted
investing in cryptocurrency is a profitable investment and also risky. If we don't manage it well then it will be very risky. we will lose from it. before joining in the world of cryptocurrency we must really understand about cryptocurrency and the strategy. it will be very beneficial to get profit.
Investing in the cryptocurrency market if you are a newbie will have a lot of risks. Most of the acquaintances I know have invested in cryptos through their friends' advice as well as their friends who do not understand the market. So after the investment, the exchange rate will reduce fear, panic, gradually they will sell cryptos to cut losses and exit the market. So if you do not have the experience of cryptos, then you should not invest but just join the airdrop and bounty!
It is quite safe to invest in crypto-currency if you approach this issue with your head. Try to invest in a few coins, it will reduce your risk.
Cryptocurrency is a digital currency which means it doesn't have a physical form, that said we can consider that investing in something you don't really hold is really risky. In addition, the price and the crypto market itself is unstable.
super risky because every investment is very risky, no one is safe. If the investment stock is very risky what more in investment ICO. It's really hard to tell but every money is not safe and might do a research to have a successful investment.
Investment is always risky and you will get reward for taking this risk .For novices, it is hazardous in light of the fact that regardless they have little information about the dependable sites and crusades to join to. They are very in danger with regards to con artists. But such risk can be avoided with the help of the experts.
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?
It's very very risky especially if you don't know your way around it. So it is always best to do your research first and study how the system works before engaging in any crypto related activities. This will serve as your tool and guide when dealing with projects or other members. We have to be smart here coz if not, we can lose a lot. Money, time, patience, even our mind (in some cases, our life) can be lost! So, do everything necessary to equip yourself in this venture.
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, money can be lost overnight and here is nothing that can be done about it, However, all is not bad, High risk equals High returns,the crypto market also has the capacity to reward its investors well, as the cons have the capacity to gain a considerable amount of value in a short period of time as its not regulated
It's very risky to invest on crypto especially when you are new on this field. Only one of the two things might happen to you, lose or gain. When I was new, my friend taught me to trade btc and ether. First, I studied trading then decided to invest a small amount in ICO and l was lucky.
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?
It's a relatively risky investment, but if you know what you're doing and your make smart decisions it can be very profitable.Just don't make my (and many other people's) mistakes, and don't get into trading them until you have spent enough time for research and learnt enough about this market's characteristics.
First days can be the worst days, because of amateur mistakes.
Actually not so risky for beginners to invest in cryptocurrency because of the sophistication of existing facilities today. When it comes to risk, all activities are full of risks, but if the will is there for beginners in cryptocurrency activities, then there is a solution, one of which reads articles about cryptocurrency and dares to invite discussions on experienced people.
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?
From my own understanding, experience is quite an important factor to be considered before embarking on any investment that is how knowledgeable you are in what you are about to Doan and this also applies to crypto investment. Investment diversification shoukd also be explored, thereby not putting all your funds in a particular investment portfolio to avoid total loss of investment.
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?
i think the risks rise as much as much information you do not know and the vaster you want you money the slower your way will be How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?
From my own understanding, experience is quite an important factor to be considered before embarking on any investment that is how knowledgeable you are in what you are about to Doan and this also applies to crypto investment. Investment diversification shoukd also be explored, thereby not putting all your funds in a particular investment portfolio to avoid total loss of investment.
If you are a novice who wants to invest your risks increase many times, do not hurry and find out how and where to invest better, learn from other people's mistakes.
How risky for beginner to invest in cryptocurrency?
As you have said, beginners invvesting in cryptocurrencies right?
Beginners are beginners and that defines it all- Lack of knowledge, skills, ideas, information, experiences.
And before starting to do something or involved at something that includes risking money (worldwide necessity for survival), you should learn first, research and take time to find if it is actually safe or you can suffer some consequences.
As a beginner of course you have the highest risk that any user can have.
Quote
What kind of risk factor and what are the precautions?
Well, you are a noob and it is up to you to take at it by yourself. It will be part of your learning process.
Just an advice mate, before investing, see how the market moves. Try seeing different cryptocurrency coins and find whether they are possible scam coins.
Doing this can somehow make you knowledgeable that not all coins are good to invest in. So be careful.
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?
The beginner has to know a bit what's the meaning of private key. After that the risks fall drastically because he is aware of exchange risks, of risks linked to a lost private key ecc...
Other kind of risk can be the ICO world and i would suggest them only if i want them to lose money because they probably cannot distinguish "good" or "bad" ICOs
ICO that gives daily profit like 2% a day, I mean where the hack that ICO get the money from if not from ponzi scheme.
With the unpredictable market, sometimes misleading charts and numerous scam sites. It is difficult to navigate the sea of landmines and the risk of losing out is high.
Jump to: