I dare say if you invest in a stablecoin like USDT then you will be safe but if you invest in a volatile alcoin then it is a big risk and you can get a big profit too, if the current market position it is better to invest with a big coin like eth coin and coin bnb because there is a possibility that these two coins will go up in the future.
Investing in Stablecoin is not an Investment because Investments are meant to bring you profits in the real sense even though there might be a loss situation in some cases. I believe that only people that have not taken their time to understand what crypto Investment is are the ones still asking this kind of question and there are only a few coins to invest in during market dips like this in the assurance of a possible bounce after the storm. 
Topic: How safe it is to invest in cryptocurrency - page 2. (Read 2413 times)
Cryptocurrency is a decentralized means of saving money. Many have embraced bitcoin and invested exclusively in it while others keep on giving it negative claim upon their ideology about it.
The crypto market is liberated from the political ideology or conviction. Some believe there are myths encompassing the bitcoin which are stowed away from the knowledge on the general population.
Today the conflict among Russia and Ukraine significantly affects the monetary area and furthermore tech organizations among different ventures. Foreign organizations or firm won't have any desire to put resources into them, particularly the sanction on Russia. Individuals are starting to lose revenue on the monetary area in light of its centralized strategy, assuming this prompts bankruptcy, it will influence every one of those that have reserve funds with them.
Cryptocurrency as a decentralized means of saving money won't be impacted adversely in any way as its approach and policy has no terrible impact in the general public
As I would see it, there should be a largely if not an overall view of the different beliefs and critiques surrounding bitcoin. Not coming into conclusion without proper findings and proof to back up false claims about it.
The crypto market is liberated from the political ideology or conviction. Some believe there are myths encompassing the bitcoin which are stowed away from the knowledge on the general population.
Today the conflict among Russia and Ukraine significantly affects the monetary area and furthermore tech organizations among different ventures. Foreign organizations or firm won't have any desire to put resources into them, particularly the sanction on Russia. Individuals are starting to lose revenue on the monetary area in light of its centralized strategy, assuming this prompts bankruptcy, it will influence every one of those that have reserve funds with them.
Cryptocurrency as a decentralized means of saving money won't be impacted adversely in any way as its approach and policy has no terrible impact in the general public
As I would see it, there should be a largely if not an overall view of the different beliefs and critiques surrounding bitcoin. Not coming into conclusion without proper findings and proof to back up false claims about it.
You are asking how safe is it to invest in crypto currency? You should know that before you venture into anything you have to do a little research on it. Now to your question, it is advised that you invest what you know you can afford to loose and secondly you should as well know that crypto market is volatile. Currently it's bear market and as a smart Crypto investor, you should know what to do.
most people invest blindly without doing proper research before venturing into any sorta investments.i mean investing in general
there's no safety when it comes to cryptocurrency, due to iys volatility, but a good decentralized way of saving money in my opinion.
I dare say if you invest in a stablecoin like USDT then you will be safe but if you invest in a volatile alcoin then it is a big risk and you can get a big profit too, if the current market position it is better to invest with a big coin like eth coin and coin bnb because there is a possibility that these two coins will go up in the future.
There's nothing wrong with investing in a stable coin or bitcoin or yet altcoin, yes, USDT is much safer as it's stable but sometimes that is not what the investors are looking for. Some investors are looking for a medium where they can invest their funds and reap competitive returns in the future and that's where the bitcoin and other leading altcoins come in as they're much more capable of giving what the investors need than the stable USDT. Also, the risk is always a factor when you invest and we can't avoid that, we all just need to have our own research on when is the right time to buy and what coins suit us the most.
Cryptocurrency is a decentralized means of saving money. Many have embraced bitcoin and invested exclusively in it while others keep on giving it negative claim upon their ideology about it.
The crypto market is liberated from the political ideology or conviction. Some believe there are myths encompassing the bitcoin which are stowed away from the knowledge on the general population.
Today the conflict among Russia and Ukraine significantly affects the monetary area and furthermore tech organizations among different ventures. Foreign organizations or firm won't have any desire to put resources into them, particularly the sanction on Russia. Individuals are starting to lose revenue on the monetary area in light of its centralized strategy, assuming this prompts bankruptcy, it will influence every one of those that have reserve funds with them.
Cryptocurrency as a decentralized means of saving money won't be impacted adversely in any way as its approach and policy has no terrible impact in the general public
As I would see it, there should be a largely if not an overall view of the different beliefs and critiques surrounding bitcoin. Not coming into conclusion without proper findings and proof to back up false claims about it.
The crypto market is liberated from the political ideology or conviction. Some believe there are myths encompassing the bitcoin which are stowed away from the knowledge on the general population.
Today the conflict among Russia and Ukraine significantly affects the monetary area and furthermore tech organizations among different ventures. Foreign organizations or firm won't have any desire to put resources into them, particularly the sanction on Russia. Individuals are starting to lose revenue on the monetary area in light of its centralized strategy, assuming this prompts bankruptcy, it will influence every one of those that have reserve funds with them.
Cryptocurrency as a decentralized means of saving money won't be impacted adversely in any way as its approach and policy has no terrible impact in the general public
As I would see it, there should be a largely if not an overall view of the different beliefs and critiques surrounding bitcoin. Not coming into conclusion without proper findings and proof to back up false claims about it.
You are asking how safe is it to invest in crypto currency? You should know that before you venture into anything you have to do a little research on it. Now to your question, it is advised that you invest what you know you can afford to loose and secondly you should as well know that crypto market is volatile. Currently it's bear market and as a smart Crypto investor, you should know what to do.
I dare say if you invest in a stablecoin like USDT then you will be safe but if you invest in a volatile alcoin then it is a big risk and you can get a big profit too, if the current market position it is better to invest with a big coin like eth coin and coin bnb because there is a possibility that these two coins will go up in the future.
Hello all
Bitcoin is very risky to those who do not have clear idea of it. but one thing i can say that bitcoin price will rise until the complete 21 million coins are mined. No matter how many crashes come or any disaster occurs, i believe in bitcoin and so you should too.
Btw when i joined bitcoin community my first though about this was it is something like forex or stock markets, but when you see the massive volatility around this its much clear why newbies are scared of it, and i am from India and here they have imposed 30% tax rate on the profiles made by bitcoin. I guess that is fueling more to the fear.
Btw when i joined bitcoin community my first though about this was it is something like forex or stock markets, but when you see the massive volatility around this its much clear why newbies are scared of it, and i am from India and here they have imposed 30% tax rate on the profiles made by bitcoin. I guess that is fueling more to the fear.
I agree its risky business, even for stable coins. But there may be some merit in looking at the use case of coins as some measure of their value. Although I realised with my own portfolio, when the market takes a dive, no one seems to care which coins have utility and which do not...
If you buy any coin other than stable coin. Then it will be Rix because the crypto market cannot be trusted. One night will make you rich. It will make you poor again overnight. I think investing in the crypto market is very risky.
If it is about securing the future, then without doubt it is the safest way to enjoy the future. What we save today will surely help us in the future.
I can agree that investing in crypto is the way to help our financial strength in the future. But I don't think it is the safest way, investing in crypto has a high risk, no one knows what to happen to crypto investment in the future. That's why we don't invest all our money in crypto, just use the money that we can afford to lose. Put all money in crypto investment isn't the right way to secure our future.
Cryptocurrencies means what i understand is, bitcoin & altcoins. Bitcoin is decentralised currency, hard to manipulate like others altcoin. Controversies are still there but investing with bitcoin, it always prove how safe it is in long period. But altcoins are most of centralized, easily manipulated by team and risky to invest than bitcoin. But before investing, you should know crypto market is volatile, it can fluctuating by their price in short time. Nothing is 100% safe but even if you want to consider here anything as safe then bitcoin is safest one
You know and understand how the market works before you invest your money, without better knowledge you can simply play with how the market moves, it's safe in the sense that you understand what you are doing, by knowing all the influence that affecting your investment, it will be easier to you to avoid those scam projects and stay with good ones that will generate profits.
More on your own assessment that will guide you to pick the right investment and the right way to protect your money while you are inside this industry.
I have been following blockchain technology and bitcoin for many years and this distrust continues for many years. but there is a detail that this distrust started to increase at the same rate as the increase of shitcoins and exchanges hacked or the founders of some fake exchanges defrauding people. this is so normal. What is not normal is that this technology is only seen as a scam. It would be wrong to ignore the importance of these technologies and ignore real and solid teams and projects.
~snip~
I don't understand that , Do you mean cryptocurrency means only Bitcoin? Whatever it is, investing in cryptocurrency is safe or risky, it totally depends on you. Lets say you invested in Bitcoin then you don't have to worry about the risk. I will always say that the btc has a bright future and there is no chance that it's being scam. Yes there is a problem with it's volatility but at the end of the day it will bring good profit. We just have to be patient.
~
...Or can be mentally destroyed because of crypto. Crypto is not your quick rich scheme and people still don't get that even with the volatility of the price. Some even make a bad decision such as quitting their job for crypto trading full time or even loaning loads of cash just to invest it all in crypto.People are really desperate, eh?
Yeah, a lot of my friends quit their jobs to do trading. Most of them are really earning profit on a monthly basis, but sometimes they lose, but this is better, as they say, than those 8am to 5pm on their cycle. When they trade, they only allocate a few hours to it and it is really fun to read news and learn things. They have more time for themselves and their families. But still, this is a risky thing to do, but they took the risk. As for myself, I am scared to go full time trading, but if I am ready sooner, I will try
Cryptocurrencies means what i understand is, bitcoin & altcoins. Bitcoin is decentralised currency, hard to manipulate like others altcoin. Controversies are still there but investing with bitcoin, it always prove how safe it is in long period. But altcoins are most of centralized, easily manipulated by team and risky to invest than bitcoin. But before investing, you should know crypto market is volatile, it can fluctuating by their price in short time. Nothing is 100% safe but even if you want to consider here anything as safe then bitcoin is safest one
Cryptocurrency is a decentralized means of saving money. Many have embraced bitcoin and invested exclusively in it while others keep on giving it negative claim upon their ideology about it.
The crypto market is liberated from the political ideology or conviction. Some believe there are myths encompassing the bitcoin which are stowed away from the knowledge on the general population.
Today the conflict among Russia and Ukraine significantly affects the monetary area and furthermore tech organizations among different ventures. Foreign organizations or firm won't have any desire to put resources into them, particularly the sanction on Russia. Individuals are starting to lose revenue on the monetary area in light of its centralized strategy, assuming this prompts bankruptcy, it will influence every one of those that have reserve funds with them.
Cryptocurrency as a decentralized means of saving money won't be impacted adversely in any way as its approach and policy has no terrible impact in the general public
As I would see it, there should be a largely if not an overall view of the different beliefs and critiques surrounding bitcoin. Not coming into conclusion without proper findings and proof to back up false claims about it.
The safetiness of cryptocurrency is depend on how you handle every situation or in every coin that you wanted to have and hold. Sometimes many new investors invest in meme coin because of its very low price you can buy thousands of token for just one dollar but the problem thier is that meme coin is a very risky type of investment. But of you wanted to invest with low risk you can buy trusted coin like btc, bnb ,eth.ada,dot,ftm,etc.,you can hold trusted coin for a long time and collect profit everytime when market is in bullish situation. The crypto market is liberated from the political ideology or conviction. Some believe there are myths encompassing the bitcoin which are stowed away from the knowledge on the general population.
Today the conflict among Russia and Ukraine significantly affects the monetary area and furthermore tech organizations among different ventures. Foreign organizations or firm won't have any desire to put resources into them, particularly the sanction on Russia. Individuals are starting to lose revenue on the monetary area in light of its centralized strategy, assuming this prompts bankruptcy, it will influence every one of those that have reserve funds with them.
Cryptocurrency as a decentralized means of saving money won't be impacted adversely in any way as its approach and policy has no terrible impact in the general public
As I would see it, there should be a largely if not an overall view of the different beliefs and critiques surrounding bitcoin. Not coming into conclusion without proper findings and proof to back up false claims about it.
Moreover, joining without basic knowledge, it makes no sense at all in my opinion. Here, those who enter the world of cryptocurrency certainly have basic knowledge about cryptocurrencies, even though that knowledge is limited. And that's not a problem because it can be learned over time. Nothing is not without risk in the investment world, everything must have risk. And if we are not careful, we will definitely suffer losses.
Learning and gaining experience is not always easy, especially not easy when you lose money, and this is inevitable in the learning process. Many beginners come to the world of cryptocurrencies without fundamental knowledge, they are attracted by the opportunity to get quick and easy money, but as we know, everything is not so simple here. And before the result is achieved, a person must obtain the necessary knowledge, this is applicable to any profession.~
...Or can be mentally destroyed because of crypto. Crypto is not your quick rich scheme and people still don't get that even with the volatility of the price. Some even make a bad decision such as quitting their job for crypto trading full time or even loaning loads of cash just to invest it all in crypto.People are really desperate, eh?
Moreover, joining without basic knowledge, it makes no sense at all in my opinion. Here, those who enter the world of cryptocurrency certainly have basic knowledge about cryptocurrencies, even though that knowledge is limited. And that's not a problem because it can be learned over time. Nothing is not without risk in the investment world, everything must have risk. And if we are not careful, we will definitely suffer losses.
Learning and gaining experience is not always easy, especially not easy when you lose money, and this is inevitable in the learning process. Many beginners come to the world of cryptocurrencies without fundamental knowledge, they are attracted by the opportunity to get quick and easy money, but as we know, everything is not so simple here. And before the result is achieved, a person must obtain the necessary knowledge, this is applicable to any profession. Jump to: