How safe it is to invest in cryptocurrency - page 3.

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Quote from: DanWalker on May 10, 2022, 06:06:43 PM

Crypto are a new market compared to stocks or gold and investing in cryptocurrencies is not protected by law, so the risk is very high. Crypto is currently considered a high-risk, high-reward form of investment with of the scams surrounding it, so invest with knowledge and don't put all your money into it with the desire to change life quickly. It can help you but it can also destroy you, so invest wisely.

High risk high return. People can become rich just because of crypto, but can be very poor because of crypto too.
Some people who experience a lot of losses may not be willing to take all the risks and don't know about the basic knowledge that really needs to be learned. Investments that are not protected by law and large risks are certainly a dangerous place, but behind that crypto provides sweet benefits for those who have studied cryptocurrency knowledge.
Use money that you won't need in the future, and don't put eggs in one basket. and lastly do good management, it will be very helpful.

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Quote from: ninis45 on May 10, 2022, 05:51:21 PM

everyone who knows crypto already knows what risk and opportunity are and we here are certainly not stupid people who joined because of a hype/fomo that happened.
so with a high risk of course it will provide a very large opportunity optimistic be careful and learn where we will invest and store it is the basis of cryptocurrency opportunities

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.

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Every market comes with its own risks but considerably, it is a lot safer if done right.

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Quote from: DanWalker on May 10, 2022, 06:06:43 PM

Quote from: TelolettOm on May 05, 2022, 05:23:38 PM

Quote from: n0ne on May 05, 2022, 04:12:17 PM

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.

Crypto are a new market compared to stocks or gold and investing in cryptocurrencies is not protected by law, so the risk is very high. Crypto is currently considered a high-risk, high-reward form of investment with of the scams surrounding it, so invest with knowledge and don't put all your money into it with the desire to change life quickly. It can help you but it can also destroy you, so invest wisely.

We are just a decade-old type of market which we could really say that this is something new compared into those traditional investments/markets that do exist today.Any investment does involved risk

even into those traditional investment that we do know.Although the risk involved on crypto is much more higher because of its unpredictability and volatility aspects and this is why its really important for someone

to consider about the level of risk and act accordingly on what you could afford to do so in terms or risk taking.

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Quote from: TelolettOm on May 05, 2022, 05:23:38 PM

Quote from: n0ne on May 05, 2022, 04:12:17 PM

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.

Crypto are a new market compared to stocks or gold and investing in cryptocurrencies is not protected by law, so the risk is very high. Crypto is currently considered a high-risk, high-reward form of investment with of the scams surrounding it, so invest with knowledge and don't put all your money into it with the desire to change life quickly. It can help you but it can also destroy you, so invest wisely.

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everyone who knows crypto already knows what risk and opportunity are and we here are certainly not stupid people who joined because of a hype/fomo that happened.
so with a high risk of course it will provide a very large opportunity optimistic be careful and learn where we will invest and store it is the basis of cryptocurrency opportunities

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Quote from: TelolettOm on May 05, 2022, 05:23:38 PM

Quote from: n0ne on May 05, 2022, 04:12:17 PM

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.

I, somewhat agree that cryptocurrency will help our lives in the future. But, it will depend if you have invested in the right crypto and if it's good for a long-term investment. And, I think that we also need to secure our assets and invest in the right hardware wallet since as we know that software wallet can be hacked anytime if you just mistakenly downloaded an app that has spyware or virus on it.

Also, It's really safe to invest in crypto if you have bought on the right exchange that has insurance funds.

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Quote from: 777Jolami on May 04, 2022, 08:06:41 PM

Cryptocurrency investment also has some risks, currently most governments in the country do not have the same protections for cryptocurrencies as for real money in bank accounts. However, if you want to succeed in changing your life, you have to take risks, because now I see bitcoin investing as having a high chance to be rich in the future.

Since and before i have known that bitcoin have the chance of becoming or making some one really Rich if some one run investment with it, the chance of cryptocurrency becoming rich is near but the problem is can we take the risk that is involve for investment because one thing which is the culture of cryptocurrency investment is weather you lose or you profit

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Quote from: KennyR on May 06, 2022, 06:59:24 PM

With the same belief over traditional investment one can prefer Crypto investment. Only the security phrase need to be kept safe and automatically the investment turns to be more secure. People always have some panic in the mind hearing some stories connected to cryptocurrency hacks and thefts. This is common, and we should have the learning not to reveal the passphrase of the wallet to other people. People who doesn't have much knowledge about cryptocurrencies will say it is the money out of the air, but never realise how inflation is attacking the traditional fiat.

Hacking in cryptocurrencies is indeed a problem that we often hear, it is used by some people to scare some other people so that they don't invest in this cryptocurrency. In fact, if we examine the cause, it is the ignorance of the victims who provide their security to access their personal wallets. This needs to be straightened out so that there are no misunderstandings that lead to less demand for investors, especially for beginners.

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Quote from: dlightag on May 07, 2022, 10:58:59 AM

Cryptocurrency investment is a function of price fluctuation, because of high volatility in the market, buying bitcoin everyone was expecting the price to reach 100k during the bull run, but, has drop to 36k series in price which is divided into two part in price, In other words is good to buy more. Therefore for a safe part without taken risk of profits investment, is to buy stable coins and hold, no risk involved.

The price of bitcoins fails to go up because of Ukraine and Russia war because by now bitcoin for done reach 70k and 100k no body think that Bitcoin will not reach 100k as bull market but the problem for it not increase as we expected this season, if someone wants to buy bitcoins it is right time to buy because after this falling the next thing is to experience high market

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Quote from: AakZaki on May 08, 2022, 10:41:51 AM

All investments are at risk, including crypto. This instability is what we often use to make a profit. So without price fluctuations, investments will not make a profit.

Of course, no investment that has no risk. It is impossible if we want to have investment without any risk, no investment that guarantees success. Crypto investment has a high risk, but it offers the opportunity to gain bigger profits than other kinds of investment. The volatility in crypto is the reason why we can have the opportunity to gain bigger profits, with the volatility we can sell our coins at a much higher price. If crypto prices are stable (no fluctuation, no volatility), there is no hope to gain significant profits.

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Quote from: KennyR on May 06, 2022, 06:59:24 PM

With the same belief over traditional investment one can prefer Crypto investment. Only the security phrase need to be kept safe and automatically the investment turns to be more secure. People always have some panic in the mind hearing some stories connected to cryptocurrency hacks and thefts. This is common, and we should have the learning not to reveal the passphrase of the wallet to other people. People who doesn't have much knowledge about cryptocurrencies will say it is the money out of the air, but never realise how inflation is attacking the traditional fiat.

Because mostly new people in crypto nowadays expects that they will earn huge money in crypto, most of them didn't realize that not all investment and trading will give them a positive result. Volatility is not in their dictionary they should know this too as well, I have seen so many people in social media as well still believe in hyip program and still believe in suspicious giveaways they will connect their wallet and then in a small span of time they will surely lost their money.

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Quote from: bitzizzix on May 07, 2022, 09:54:15 AM

For the price issue, cryptocurrencies are very volatile because some can go bankrupt, some can scam and sometimes one of them can increase in value and generate profits for investors.
~snip~

All investments are at risk, including crypto. This instability is what we often use to make a profit. So without price fluctuations, investments will not make a profit. But based on articles I have read there has been an increase in volume and circulation of money in crypto. But from this development there is also an increase in cases that harm crypto actors and this happens a lot to newcomers. It comes from the nature of crypto whereas from the security side the actual theft as long as no one knows with the private key you all can be fine.

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Cryptocurrency investment is a function of price fluctuation, because of high volatility in the market, buying bitcoin everyone was expecting the price to reach 100k during the bull run, but, has drop to 36k series in price which is divided into two part in price, In other words is good to buy more. Therefore for a safe part without taken risk of profits investment, is to buy stable coins and hold, no risk involved.

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For the price issue, cryptocurrencies are very volatile because some can go bankrupt, some can scam and sometimes one of them can increase in value and generate profits for investors.
but in terms of security investing in cryptocurrency is very safe but it all depends on how safe you are securing it.
and for bitcoin limited, bitcoin is probably one of the safest investments and also profitable because bitcoin is gaining adoption from big names, institutions and more and more people and countries are involved in it and it continues to grow which I think will continue.
and bitcoin has the potential to be sound money in the future and act like a safe haven at a time when central banks are printing currencies like never before.

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Quote from: xSkylarx on May 06, 2022, 06:46:31 PM

Quote from: macson on May 06, 2022, 06:15:47 PM

Quote from: 777Jolami on May 04, 2022, 08:06:41 PM

Cryptocurrency investment also has some risks, currently most governments in the country do not have the same protections for cryptocurrencies as for real money in bank accounts. However, if you want to succeed in changing your life, you have to take risks, because now I see bitcoin investing as having a high chance to be rich in the future.

You don't think that the government protects your money in the bank, they use your money to invest in other places. only in bitcoin you become "your own bank", as long as you hold your password and private key wallet (a trusted hardware wallet or software Bitcoin wallet) then no one in the world, including the government, can use or take it. investing in cryptocurrencies is the safest in the world.

all of aspects of investment are risky it is matter how do you deal with it and also lessen it . Cryptocurrency has a high risk because of its volatility and depending on what coin you are investing on. You should accept the fact that is risky and find more way to lessen it by reading their whitepaper and do research since knowledge is power in investments and without risk you cant gain any profit

Everyone of us can gain more money by trading and investing in cryptocurrency, but not all crypto can give us a lambo. People nowadays thinks that when they invest in crypto whether it is in bitcoin or in altcoin they thinks it will give them money instantly which is not. Guys, the security of your assets and your investments are depending on how you are doing if you are easily to be deceive by high earning website or those new project that has nothing to offer by being hype by many.

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With the same belief over traditional investment one can prefer Crypto investment. Only the security phrase need to be kept safe and automatically the investment turns to be more secure. People always have some panic in the mind hearing some stories connected to cryptocurrency hacks and thefts. This is common, and we should have the learning not to reveal the passphrase of the wallet to other people. People who doesn't have much knowledge about cryptocurrencies will say it is the money out of the air, but never realise how inflation is attacking the traditional fiat.

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Quote from: macson on May 06, 2022, 06:15:47 PM

Quote from: 777Jolami on May 04, 2022, 08:06:41 PM

Cryptocurrency investment also has some risks, currently most governments in the country do not have the same protections for cryptocurrencies as for real money in bank accounts. However, if you want to succeed in changing your life, you have to take risks, because now I see bitcoin investing as having a high chance to be rich in the future.

You don't think that the government protects your money in the bank, they use your money to invest in other places. only in bitcoin you become "your own bank", as long as you hold your password and private key wallet (a trusted hardware wallet or software Bitcoin wallet) then no one in the world, including the government, can use or take it. investing in cryptocurrencies is the safest in the world.

all of aspects of investment are risky it is matter how do you deal with it and also lessen it . Cryptocurrency has a high risk because of its volatility and depending on what coin you are investing on. You should accept the fact that is risky and find more way to lessen it by reading their whitepaper and do research since knowledge is power in investments and without risk you cant gain any profit

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Quote from: Sled on May 05, 2022, 06:29:39 PM

Quote from: TelolettOm on May 05, 2022, 05:23:38 PM

Quote from: n0ne on May 05, 2022, 04:12:17 PM

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.

Indeed.
Ever since crypto investment can't be considered a safe haven. That is why it has always been said that "Invest only the amount that you can afford to loss". This clearly means that there is no guaranteed assurance upon investing crypto as anytime, you will your money as it was hacked or you emotionally sell them at a cheap price.

However, if you can afford to face the risk and manage to hold your funds long-term surely you make a huge profit from it, especially if you are investing in Bitcoin as it this been proven it was growing.

Any exchange would have a risk warning like these : 'Cryptocurrency trading is subject to high market risk. Please make your trades cautiously.' that's pretty much a warning to all of us who decided to get in the crypto space , the trade itself are a high risk one , so do with the investment whether it's long term or short term , meaning that you could lose a lot but could earn huge amount of money as well.

easy to understand , but first thing first you better watch and learn by experience it for a couple years.

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Quote from: 777Jolami on May 04, 2022, 08:06:41 PM

Cryptocurrency investment also has some risks, currently most governments in the country do not have the same protections for cryptocurrencies as for real money in bank accounts. However, if you want to succeed in changing your life, you have to take risks, because now I see bitcoin investing as having a high chance to be rich in the future.

You don't think that the government protects your money in the bank, they use your money to invest in other places. only in bitcoin you become "your own bank", as long as you hold your password and private key wallet (a trusted hardware wallet or software Bitcoin wallet) then no one in the world, including the government, can use or take it. investing in cryptocurrencies is the safest in the world.

Topic: How safe it is to invest in cryptocurrency - page 3. (Read 2413 times)