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Topic: How risky to invest in cryptocurrency? - page 48. (Read 3063 times)

newbie
Activity: 56
Merit: 0
June 12, 2018, 02:59:09 PM
#32
I understand the wish of every newbie to cash in with all money he have and buy one-two coins to get maximum profit in shortest time. This is not how it works if your Luck parametre is not 10/10
Afford to make movements with money that you afford yourself to lose. This is the poin, and the main advice
newbie
Activity: 120
Merit: 0
June 12, 2018, 02:56:30 PM
#31
Any investment in cryptocurrency is primarily a risk, the question is how much you want to invest and whether you are ready to lose it...
member
Activity: 742
Merit: 12
June 12, 2018, 02:55:05 PM
#30
Cryptocurrency investments are 100% risk!  Angry Because of its general nature of volatility. Everyone knows that crypto market is highly volatile, anything can happen here. Even the initial amount of invested money can be ZERO in value. However, the profit margin is too high, so it's attractive to invest in crypto.
sr. member
Activity: 546
Merit: 261
June 12, 2018, 02:47:55 PM
#29
The risk is you could get scammed,lose your money when the price is down,etc.The important thing is to know the background of the crypto that you will invest your money to.Don't invest your money all at once,use your spare money and try to invest in another crypto to differentiate their growth.
full member
Activity: 798
Merit: 100
June 12, 2018, 02:46:58 PM
#28
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?
the risks in cryptocurrency are enormous, this is because nowadays a lot of people feel disadvantaged when investing in crypto. so I think now when it wants to invest in crypto should be able to choose and determine the best option to avoid the risk of loss.
newbie
Activity: 14
Merit: 0
June 12, 2018, 02:44:08 PM
#27
You can trust in the case, If You invest wisely and haven't an infected pc.
sr. member
Activity: 700
Merit: 275
June 12, 2018, 02:39:45 PM
#26
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?

yes, obviously it's has a risk. the risk is you can lose your money because the market fluctuates it means can be up or down every time. i suggest you for learn knowledge about a trade if you want to start a trade.
newbie
Activity: 114
Merit: 0
June 12, 2018, 02:38:03 PM
#25
The risk of investing cryptocurrency is very large and very unpredictable. You can lose all or part of your capital in no time. But it all depends on how your strategy will run and your attitude in dealing with various conditions in cryptocurrency. So be wise and be careful when you want to start investing cryptocurrency.
member
Activity: 938
Merit: 13
AMEPAY
June 12, 2018, 02:28:38 PM
#24
Obviously for newbies it can be very risky, we have seen experienced people loosing large amounts of money in crypto market, the risks comes from high volatility and immaturity and most importantly the manipulation by the big investors, so if the market goes in the opposite direction of your investment for long term you my see big losses, to become more prepared and gain some knowledge and experience i suggest you to spend some time on this forum daily, read and discuss everyones strategy and method here, you will learn alot.
member
Activity: 266
Merit: 10
June 12, 2018, 01:37:40 PM
#23
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?
If you have a minimum technicals knowledges then you will not have problem with use cryptocurrenies.
full member
Activity: 449
Merit: 102
Binance #Smart World Global Token
June 12, 2018, 01:35:18 PM
#22
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?
its very risky, even pro's are losing their money from investing into crypto, so for newbies, its really hard. especially if you dont have any experience or knowledge about it.
full member
Activity: 602
Merit: 144
June 12, 2018, 01:02:56 PM
#21
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
member
Activity: 490
Merit: 11
June 12, 2018, 12:55:53 PM
#20
Crypto currency is very risky, because crypto-currencies are very unpredictable, the volatility of crypto-currency is very often very risky and very dangerous, it is necessary to remember and know this.
sr. member
Activity: 574
Merit: 255
June 12, 2018, 12:55:42 PM
#19
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?

I recommend you to start with demo account on any exchange so you can test your luck and  your mind . But also if you are ready to risk some money I recommend you to not start with big ammount such at 200$-300$ . Start with under 100$ and trade only BTC/USD & USD/BTC pairs
sr. member
Activity: 1066
Merit: 261
June 12, 2018, 12:54:27 PM
#18
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?

High risk, high reward, but you will be performed In case of getting success. Like beginner must continue to learn otherwise you will be learned your lesson the hard way. I would like to say, you're better off investing in good ICO's as a beginner.
full member
Activity: 209
Merit: 103
KRYPTOBITS.COM-BLOCKCHAIN BANKING
June 12, 2018, 12:53:47 PM
#17
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?

The main advantage is that you are unlikely to lose the entire invested amount, although it is certainly possible to lose 90% of it. If you are a player, then investing in crypto currency is much better than just playing in casino for example.

How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?

It is risky for a beginner to invest in cryptocurrency because the price of crypto is volatile means it will go up or down without prior notice. So the best way for a beginner to invest is to invest to major coin like bitcoin and ethereum, then if you have more knowledge and experience go try your luck in investing to ICO.

I do agree with you? It is better to invest in bitcoin and ethereum, because thus coins are the most stable, if they grow then every other coin start co grow, but I think you should invest also about 10%-20% in many altcoins with low capitalization, sometime it appears to be very profitable.
sr. member
Activity: 476
Merit: 259
June 12, 2018, 12:53:00 PM
#16
It's very risky.
Investing in bitcoin is counted to be one of the most riskiest investment options over the world, and it can be considered to be equal to invest in a common stock with a x10 leverage.
More then that, investing in altcoins can be considered to be even riskier then bitcoin, and you should take completely caution while trading, make sure that you know the market, make sure that you know the coin that you are investing in, that you are following the price and protecting yourself with stop losses, and also make sure that you don't invest money that you can't afford on losing.
newbie
Activity: 63
Merit: 0
June 12, 2018, 12:44:10 PM
#15
For a newbie investor in crypto, it's very hard for him to understand the ups and downs in the crypto market. A new person first needs to know all the market and get to know how the prices can drop and what are the probabilities of the coin to go up and down. This will help him in cutting unwanted losses which he will get when he has no knowledge. Investing in crypto is a profitable investment for sure but it is also a bit risky at the same time as any crypto can drop its price in very less time and also there are many Ponzi schemes out their so the crypto user needs to be careful about selecting any coin.

Thanks for reminding, also as a newbie, it is true that it is hard to invest in this kind of profit, it will gain me nothing if i dont have the knowledge about crypto currency ,it is risky in the fact that all resources could be burn in an instant , my advice to myself is not to risk more than I can afford to loose.
hero member
Activity: 3080
Merit: 603
June 12, 2018, 12:39:05 PM
#14
The risk isn't only for beginners but it's applicable to everyone.

But if you'll enter to this market as a beginner, there's a big risk for you if you are not equipped with proper education. You might end up buying wrong coins and get nothing in return so to lessen the risk, invest to education and know the basics first.
full member
Activity: 364
Merit: 100
June 12, 2018, 12:32:19 PM
#13
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?
before starting investing for beginners should learn in advance about the correct trading techniques and explore all the flaws and advantages of the crypto world. because investing in crypto can be said to be high risk if you do not know how to trade well. the fluctuating price can change significantly over time making it difficult to guess. so it's better to learn more in advance about taking the right and right decisions in order to get the benefits expected.
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