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Topic: Is investing in cryptocurrency a risky game? 🚨 - page 4. (Read 1704 times)

legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
High risk also involves high profit which you should keep in mind. If you only intend to buy crypto for profit, it will be a short-term consideration which may carry high risk for you. The question of high risk comes up here because most of the new investors are more eager to get high profits by making short term investments which may have a high risk of losing their capital. You should consider the right coins to invest in and make a long-term investment decision. In this case you can use the DCA method which recommends depositing a portion of your disposable income every week or month. So choose the right coins to avoid your investment risk and try to save for long term.
The suggestion for the DCA method that you said is indeed always more suitable for use by many people, especially by new investors and also old investors who have found the right coin at this time by placing decisions for a longer period when running an investment. And now I think there is no more appropriate coin than Bitcoin for long-term investment because it has proven to be very good and has been experienced by most old investors when they get more profits than investors in the short term with a not so small risk bet.
full member
Activity: 126
Merit: 93
Is investing in cryptocurrency a risky game?
Crypto is more emphasized base on game, a tough one which the vast numbers can not survive the heat when it comes. There are laydown investment in the market and its our essential decision to understand the market and how it flows. Although becoming a pro in the space, it requires much more efforts and taking important decisions which will either elevate us or bring us down. Cryptocurrency is not for the weak, it's very risky based on the high volatility of the market.
High risk also involves high profit which you should keep in mind. If you only intend to buy crypto for profit, it will be a short-term consideration which may carry high risk for you. The question of high risk comes up here because most of the new investors are more eager to get high profits by making short term investments which may have a high risk of losing their capital. You should consider the right coins to invest in and make a long-term investment decision. In this case you can use the DCA method which recommends depositing a portion of your disposable income every week or month. So choose the right coins to avoid your investment risk and try to save for long term.
hero member
Activity: 714
Merit: 508
Is investing in cryptocurrency a risky game?
Crypto is more emphasized base on game, a tough one which the vast numbers can not survive the heat when it comes. There are laydown investment in the market and its our essential decision to understand the market and how it flows. Although becoming a pro in the space, it requires much more efforts and taking important decisions which will either elevate us or bring us down. Cryptocurrency is not for the weak, it's very risky based on the high volatility of the market.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Is investing in cryptocurrency a risky game?
Whatever you do is risky, but the level of risk varies, investing or trading these two things if you use them have different risks, but as long as we have the knowledge to overcome risk, my speculation is the best.

You can only access digital/crypto currency via the internet, obviously it is dangerous, but we must have the courage to carry out investment and trading activities and include control from experts near you.
At the same time how you manage your risk matters a lot, since there are many newbies that in their desire to make money as fast as possible, decide to trade futures or use leverage, and obviously this is more risky than spot trading, so not only they are taking a larger risk, they are doing so when they are less prepared to identify this is the case and take the appropriate measures to mitigate that risk, so it is not surprising that the majority of the people that try that path, end up losing their money to other traders relatively quickly.
legendary
Activity: 2128
Merit: 1775
Is investing in cryptocurrency a risky game?
Whatever you do is risky, but the level of risk varies, investing or trading these two things if you use them have different risks, but as long as we have the knowledge to overcome risk, my speculation is the best.

You can only access digital/crypto currency via the internet, obviously it is dangerous, but we must have the courage to carry out investment and trading activities and include control from experts near you.
hero member
Activity: 2730
Merit: 632
Depending on which of the cryptocurrency you are investing in, if you buy bitcoin your risk is highly minimal and the percentage between your loses and profits is higher in profits merging that is to say that you likely make more profits from bitcoin more than you make loses, which means your risk is almost none existence.


But altcoins on the other hand have high risk factors that is much more higher to lose than gaining from it investment.
This depends on how much money we invest in Bitcoin, the more money we put in of course the more profits we will receive. It is true that bitcoin has a smaller risk compared to altcoins, alts can disappear from circulation if the alt does not survive well, this depends on what alt you choose, if you choose one whose fundamentals are strong enough in this case it is much better, and of course each investor is different in determining their investment choices, this depends on how investors see opportunities in prices and see the percentage of profit if there is a new increase.

The opportunity for risk to occur will always exist, although in investing in Bitcoin the risk is smaller. However, investment and life are a unity that we cannot avoid. In this life, no one knows in the future how we can plan carefully or well, but if fate says otherwise, for example we experience a disaster, then there will be no more reserve funds in our life, there will only be our investments, if the price falls, of course there will be losses can't be avoided.
On the moment that you do invest on crypto or any forms of investment then it would really be always best that you should really be that making use of the amount on which it isnt really that compromising your life savings or emergency funds specially on dealing up with volatile space on which we know that this isnt something an easy way for you to make up such money on where it would really be that too risky due to volatility.
On the moment that you will be stepping your foot into this space then expect the unexpected for the things that do happen.This isnt really just that something that will be bringing up that kind of profits considering
that market is really that truly unpredictable.Somehow, you would really be needing up that analysis and knowledge for you to deal up with it and able to sustain.

If you do know that its risky then it would really be that relevant that risks management would really be crucial or something that needs up to be considered. This is why it would really be that important
on such manner. This is why it would really be best that you do really know on what are the things that you are dealing with, so that you wont be finding yourself that impulsive
on the moment that you do meet up a very volatile and unpredictable market.
sr. member
Activity: 616
Merit: 274
Depending on which of the cryptocurrency you are investing in, if you buy bitcoin your risk is highly minimal and the percentage between your loses and profits is higher in profits merging that is to say that you likely make more profits from bitcoin more than you make loses, which means your risk is almost none existence.


But altcoins on the other hand have high risk factors that is much more higher to lose than gaining from it investment.
This depends on how much money we invest in Bitcoin, the more money we put in of course the more profits we will receive. It is true that bitcoin has a smaller risk compared to altcoins, alts can disappear from circulation if the alt does not survive well, this depends on what alt you choose, if you choose one whose fundamentals are strong enough in this case it is much better, and of course each investor is different in determining their investment choices, this depends on how investors see opportunities in prices and see the percentage of profit if there is a new increase.

The opportunity for risk to occur will always exist, although in investing in Bitcoin the risk is smaller. However, investment and life are a unity that we cannot avoid. In this life, no one knows in the future how we can plan carefully or well, but if fate says otherwise, for example we experience a disaster, then there will be no more reserve funds in our life, there will only be our investments, if the price falls, of course there will be losses can't be avoided.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
Investing in alternate cryptocurrency is risky and not cryptocurrency in general. Every form of investment comes with its ups and down. If your friend want to have an investment in cryptocurrency, she should invest in bitcoin. Less risk, higher reward when she waits for her investment to grow to the right time to take profit. A lot of good news in crypto but you have to not fall into the wrong projects because they’re enticing but just after how to scam you and get your money from you.
From the advice you say, it is actually very good and not at all wrong because the direction is to consider Bitcoin more than other coins when someone wants to invest for a much longer period of time. Apart from that, anyone who still has time to research any project in order to increase their knowledge can also compare it with what has happened in Bitcoin. So our trust in Bitcoin can be much greater than in new projects which are unlikely to be able to develop much in order to surpass Bitcoin.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
Is it "risky"? It is. But, does that mean that you shouldn't? It doesn't. You should keep on investing into this, that way you are going to do a lot better, a ton of people invest into things that are risky to have a better life. The real question is that does the risk in bitcoin investment worth the possible rewards? And in this situation if we are talking about all the cryptocurrencies then I would say majority of them do not worth it, there are tens of thousands of them out there, so 99% of them do not worth the risk.

However, if we are talking about just bitcoin, or a few of the good ones, then I would say that it is definitely worth the risk because they are great to invest. That's how we should approach it, take the risk that comes with correct amount of reward possibility.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
If you're too concerned of market price volatility then yes, it would be a risky game. Loss due to market fluctuations are normal in cryptocurrencies because market prices are simply dependent with demand. Demand on the other hand is a changing variable due to many factors such as trends. Going back with risk and volatility, if you don't be selling due to panic whenever the price is declining then you'd be good already because market prices, especially the big names on the market are expected to always recover. No investment is risk-proof; cryptocurrency has high profit potential if you're an investor who knows how this industry works.

Whether it is with properties, stocks, or crypto industry, as long as there is a projected profit then there would always be a risk involved. If there's no risk then you won't be gaining anything from it.
hero member
Activity: 1974
Merit: 539
Leading Crypto Sports Betting & Casino Platform
Depending on which of the cryptocurrency you are investing in, if you buy bitcoin your risk is highly minimal and the percentage between your loses and profits is higher in profits merging that is to say that you likely make more profits from bitcoin more than you make loses, which means your risk is almost none existence.


But altcoins on the other hand have high risk factors that is much more higher to lose than gaining from it investment.

Choosing the right assets to invest in can help minimize your risk and here bitcoin is an option but that is not enough to guarantee you will get a profit and it will certainly be risk free. There are still many people who invest in bitcoin but still lose money and the reason is due to a lack of understanding. So I think knowledge is the deciding factor. If you do not have knowledge then investing in bitcoin does not guarantee you will not face risks, but if you have full knowledge then investing in altcoins will bring more profits to you. The level of risk you will face will depend entirely on your knowledge.
hero member
Activity: 910
Merit: 507
Depending on which of the cryptocurrency you are investing in, if you buy bitcoin your risk is highly minimal and the percentage between your loses and profits is higher in profits merging that is to say that you likely make more profits from bitcoin more than you make loses, which means your risk is almost none existence.


But altcoins on the other hand have high risk factors that is much more higher to lose than gaining from it investment.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
Well yes it is going to be risky for us to be a investor in anything. If it is going to be crypto or something else we will become worried about how does our portfolio look.
The worry will be decreased if you know what you have invested. The problem with many crypto investors is that, they have heard somewhere about how good a coin they've bought. But, if they have bought Bitcoin and just holds it then there won't be any problem at all and if they're long term holders.

And we can check it alot to see if they re is gains. Because if we are losing money we can not listen to all the fud to make us sell our coins. It is going to be risky but for alot of us investors also some big rewards.
Well, that's even more triggering when the value of our port is red and keeps on losing money. We'll listen more to the FUD and that's how the emotional stress starts. The risk that we take depends on how huge our port is and you're right, the bigger the risk taker you are, the bigger rewards that you'll get. And that's what people are looking at, only at the rewards not thinking how much risk the investor have taken before making such profits and gains.
sr. member
Activity: 784
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She said something that stuck with me, 'I don't want to play a high-risk game with my money'. And I get it, the thought of losing your investment in this economy is terrifying.

But it got me thinking, is investing in cryptocurrency really a risky game?

Investing in alternate cryptocurrency is risky and not cryptocurrency in general. Every form of investment comes with its ups and down. If your friend want to have an investment in cryptocurrency, she should invest in bitcoin. Less risk, higher reward when she waits for her investment to grow to the right time to take profit. A lot of good news in crypto but you have to not fall into the wrong projects because they’re enticing but just after how to scam you and get your money from you.

Quote
I mean, a lot of people are into it and we've all heard the horror stories about scams and hacks, but we've also seen the potential for huge gains.

So, is it worth the risk?

This depends on how you handle your portfolio, how you keep it secure and not into the reach of scammers or fraudsters in cryptocurrency. You can be scammed while invested in any of the cryptocurrencies that’s why having sufficient knowledge about cryptocurrencies before investing in them is very vital.
sr. member
Activity: 616
Merit: 274
It is a fact that has often been explained that any investment that will be started must be long-term and never cross our minds that when we buy coins/tokens, the profits will come overnight because the crypto world is not the world like in the world of bedtime stories.

Well, for beginners who are still new to the market and want to participate, it's a good idea to enter with a small initial capital first and then after understanding market performance, then you can increase and increase the value of your investment periodically.

I personally see a lot of beginners trying to get in and only hoping to make a small profit after they trade their assets, but if they take the wrong step, especially when the market is volatile, the risk is quite high due to the potential market price. reversals will always follow the main coin i.e. BTC, so my advice is to buy one that has a history of protection and rapid price reversals.
Yes, before we invest, it would be good if we had a foundation of knowledge first before you put your money in the market. Indeed, investing to get maximum profits does not just happen overnight, it requires quite a long time. If we are confident enough to invest, what a beginner must do is start with very minimal capital first so that they can experience the very fluctuating price movements. If those who have just invested their money and sell with a small profit, I think they are still afraid of losing their money. From this experience they can continue to learn and develop their knowledge in their investments.
hero member
Activity: 2730
Merit: 632

But it got me thinking, is investing in cryptocurrency really a risky game?

I mean, a lot of people are into it and we've all heard the horror stories about scams and hacks, but we've also seen the potential for huge gains.


The truth is that every business or investment carries its own risks, but the risks are just bigger in some than in others. However, know that with proper knowledge, all these risks are always minimized. As you know, cryptocurrency involves risk. It is now left for you to do your own proper research about what to do to avoid all the silly mistakes that lead to cryptocurrency risks.

Let's take Bitcoin, for example. When someone invests in Bitcoin, to avoid scammers, you must not share your wallet private key or seed phrase. Additionally, you must not save it on the internet, such as in your email, and so on. You must also not leave your funds in exchanges. If you want to make a profit, you must hold on to your Bitcoin investment for a long period of time. Once you have all this  kinds of knowledge, I believe it will really limit your risks in Bitcoin.
Reality is that risks are everywhere, even life itself has certainly its own risks. But somehow, we can definitely manage and lessen the risks if we want to, that's where proper studies and research should enter before decision-making.

Crypto investments will always be risky for beginners and even old investors. But if we are capable to take calculated risk and just invest on what we can afford to lose, no matter how risky it is, we will never end up losing and seeing our funds going into waste. They say life is what you make it, and so with investments too, if you don't know well your investment, you will never be in profits.
Every decisions in life would really be having that corresponding risks whether on life decisions would be also have.How much more about investment or making business? Or even on emergency situations on which decisions be made will really be that crucial and since we are talking about only crypto investments then it would really be just that depending on you whether you could bare up with the risks or not.Just like in other business then making investment will really be that depending on you because there are ones who could tolerate risks and there are ones who can't and this is why it would be situational.

Crypto investments is a risky game? Yes of course but doesn't mean that theres no way on how to handle up situation because if it was that impossible then no one would be trading  or investmenting in crypto due to the risks involved.
legendary
Activity: 3122
Merit: 1032
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Well yes it is going to be risky for us to be a investor in anything. If it is going to be crypto or something else we will become worried about how does our portfolio look.

And we can check it alot to see if they re is gains. Because if we are losing money we can not listen to all the fud to make us sell our coins. It is going to be risky but for alot of us investors also some big rewards.
sr. member
Activity: 882
Merit: 215
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I mean, a lot of people are into it and we've all heard the horror stories about scams and hacks, but we've also seen the potential for huge gains.

So, is it worth the risk?

Have any of you had experiences that have made you more cautious or more confident in investing in crypto?  Please share I'd love to know

It is a fact that has often been explained that any investment that will be started must be long-term and never cross our minds that when we buy coins/tokens, the profits will come overnight because the crypto world is not the world like in the world of bedtime stories.

Well, for beginners who are still new to the market and want to participate, it's a good idea to enter with a small initial capital first and then after understanding market performance, then you can increase and increase the value of your investment periodically.

I personally see a lot of beginners trying to get in and only hoping to make a small profit after they trade their assets, but if they take the wrong step, especially when the market is volatile, the risk is quite high due to the potential market price. reversals will always follow the main coin i.e. BTC, so my advice is to buy one that has a history of protection and rapid price reversals.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!

But it got me thinking, is investing in cryptocurrency really a risky game?

I mean, a lot of people are into it and we've all heard the horror stories about scams and hacks, but we've also seen the potential for huge gains.


The truth is that every business or investment carries its own risks, but the risks are just bigger in some than in others. However, know that with proper knowledge, all these risks are always minimized. As you know, cryptocurrency involves risk. It is now left for you to do your own proper research about what to do to avoid all the silly mistakes that lead to cryptocurrency risks.

Let's take Bitcoin, for example. When someone invests in Bitcoin, to avoid scammers, you must not share your wallet private key or seed phrase. Additionally, you must not save it on the internet, such as in your email, and so on. You must also not leave your funds in exchanges. If you want to make a profit, you must hold on to your Bitcoin investment for a long period of time. Once you have all this  kinds of knowledge, I believe it will really limit your risks in Bitcoin.
Reality is that risks are everywhere, even life itself has certainly its own risks. But somehow, we can definitely manage and lessen the risks if we want to, that's where proper studies and research should enter before decision-making.

Crypto investments will always be risky for beginners and even old investors. But if we are capable to take calculated risk and just invest on what we can afford to lose, no matter how risky it is, we will never end up losing and seeing our funds going into waste. They say life is what you make it, and so with investments too, if you don't know well your investment, you will never be in profits.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
It's normal for beginner investors to be fearful and become quite hesitant to invest due to its associated risks. As long as money is concern, you have to make sure that everything you dare to risk won't go into waste through investment losses or even from scams that are very common most especially when it comes to bitcoin. I understand OP's friend concern but if she won't jump into investing but will take an in-depth research first and familiarize how bitcoin price moves in the market, then most probably the risk to lose will be reduced and she will gain more chances of making profits instead.
No one should put their money at risk on any market unless they are sure about what they are doing, and despite the high potential bitcoin has, there is also no doubt at all that there is a high risk present when investing in it, as even if a person knew what to do, once they are facing the pressure of the market going down and social media users claiming that bitcoin will never recover, it will not be surprising if they gave in and sold their coins, accumulating great losses in the process.
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