Topic: Is Investing into crypto really safe? - page 4. (Read 867 times)

Bro, life itself na risk so and na only people wey dey willing to take risk nai dey standout from the general public and I believe say na this reason many people dey get this regretful feelings so tay dem end up ves for their self and the matter fit turn the other way round sef but one thing is certain and that one na be say risk na part human life. Anybody wey dey go into Bitcoin investment supposed know say the matter no be easy one oo, but another thing be say na understanding be everything because many people dey feel say the moment you join them go rich unknown to them that's the issue of is very delicate yet so complex.

This risky wey we dey clamour every day, nobody don tok di why Bitcoin e dey risk and everyone just dey tok say Bitcoin e dey risk. Then I won to know "how"? Though as for me dem dey say like that because it volatility but if you understand Bitcoin dat has nothing to do with the risky people dey talk every day. Ok. You invest in Bitcoin when it is very low and you store it in the wallet until when di price goes up then you sell them and take you profit. And di risky wey people dey tok, when you invest in Bitcoin when the price is high and you dey expect am to go up but instead him dey come down then you go loss and dat is weti dem mean. But you have to keep hodling it for a very long time until di price goes up again before you can make profit. So I don't see the risky wey other people dey see. Bitcoin is not risky as you guys are saying.

To take a responsible risk na for bitcoin na, as for altcoin, na big risk be that cos you no wetin come out from am tomorrow. Na for bitcoin investment wey I know sae peso go invest and em go get rest of mind because em know sae no matter how the price of bitcoin depreciates reach, em go rise back, no shaking but for altcoin matter, once there price begin to the depreciates peso go d hold em hand for chest because peso know no some of the coins wey d hodl for em portfolio go survive for the bearish market or the price dem go end up to, wey go land them of being at loss badly

Take calculated risk when investing in cryptocurrency, invest in only assets that are guaranteed to give you profits like Bitcoin and not in hyped altcoins that'll lose its hype immediately another altcoins is launched. Invest like how smart investors dey invest and you no go worry about the risk of investing in cryptocurrency. Investing in cryptocurrency mightn't be safe because you fit go buy wetin you no know say na rug pull or exit scam scheme project wey the project wan do but if you put all those money inside Bitcoin, you no go worry say Bitcoin go crash make you lose all your money.

Is investing into anything really safe, you'd dey take risk the moment you put your money into any investment because you no know how the outcomes of the investment go be. Not only cryptocurrency wey dey risky any investment you wan do starting from investing in our local stocks to the Real estate business dey risky and na wetin make investment be investments. The outcomes are always two sided, E fit dey profitable or make you lose money.

Cryptocurrency dey volatile no go make you no invest, you can use that volatility to your advantage, people dey do am so E no dey impossible. You fit invest by trading or hodling, everything depends on wetin you fit do. If you buy Bitcoin you no need worry about volatility by staying off the market and just waiting until it's time to take profits then you do so because the market go dun give you better profits based on how Bitcoin dey increase overtime.

My people e get some kind topics way them they bring for this forum way dey sweet my body wel wel. See to invest for crypto no bad at all in fat e dey even dey safe lifes. Because at that time way you invest, you go no say your moni dey somewhere dey grow for you. Cause ego make you get control to economic future. I swear to invest for crypto really dey important. Your standard of living go change by false. So make ona invest for crypto.

I see a lot of posts about people saying you can buy whenever you want, and I usually comment that it's not reasonable to me because, just like farming, there are times and sessions for farming, so imagine buying and selling high is not reasonable at all, so knowing when to buy the way you said it and knowing the right channel of investment to take. There are numerous ways to invest and profit from cryptocurrency, and it is up to the individual to decide which ones to pursue.

The number of shitcoins available is more than the number of more reasonable ones, and once the euphoria has passed, people will be eager to earn rapid money, which is one of the reasons why many believe they can make quick money from bitcoin. When it comes to security and assurance, bitcoin provides a complete package. All you need to do is be patient and know what you're investing in. It's as simple as that, yet people don't learn.

I don't really know the kind of research you made and the process used in carrying out your research to arrive at your conclusion, but it would have been nice if you could share more of the research techniques, but nevertheless it is what it is. Adding to that October/November last year we saw some good pump in the market and the pump has been sustained till this new year. So according to your research, is it good to buy when there is green candles in the market? Or the money October/November, April/May are months or red candles? There has not been a perfect timing when it comes Bitcoin investment, rather keep buying as the money comes in using the DCA methods. Or you can adopt a method that works for you.

If you dey invest in cryptocurrency, d first thing wey we suppose do na to hustle for better coin if you wan invest, and the coin wey I go recommend na bitcoin, na d only coin we I trust be that, and you suppose ready to hold for long time. I know say all coin get him own risk na why we no suppose invest all Wetin we get in cryptocurrency, na the mistake wey some people dey make be that, if u wan invest, make sure say you invest Wetin no go affect you incase if anything happens.

If you wan take risk, make sure say reasonable risk you dey take, no go take risk wey be say na for hospital you go land if things go wrong, make sure say you no put all your money for crypto, make u get money outside cryptocurrency, make that one be back up.

If you must Invest on a reliable crytop coin that posseses the potentials of considering its investors aim of investing in making profits and get your coins secured, then you must Invest on Bitcoin and forget about the AltCoins.
The volatility nature of Bitcoin is no an enough hold reason to secure investors away from the crytop investments because investment already is an risky engagement that has minimum probabilities to swing towards the investors path of making profits unless a highily marketing skill of security phrases are authenticated. This is another reason why you must Invest on a secured crytop coin being Bitcoin.
And of course yea, one have to take the risk in investment if you are to make tangible profits but must risk responsibly with a minimum amount that one could always tolerate Incase the market goes biased.

Cryptocurrency na very risky investment, e dey very volatile and di value of your asset fit fall or rise anytime. Sadly, some persons no know this and di mindset wey dem dey take join the space be say any coin dem buy and hodl e go jellof for dem. Naso dem go end up buy shitcoin hold wey dey useless and dem go lose deir money. Even Bitcoin wey don cement him self for di space, you go still need a good knowledge of the market to know wen to buy and wen to sell. So e dey advisable make we always do due diligence before investing in any coin and make make we only invest the amount wey we know say we go fit afford to lose.

When they said business, see OP. As long as you invested in crypto, don’t fully put your mind to getting profit. You need to be expecting two things to come out of that investment: either you lose money or you gain profit, and not only in crypto, that's how business works. However, saying that some people are making while others are losing Of course, that’s how it works. You don’t expect everybody to get profit from their investment; some people might lose while others will generate profit from their investment. So the only thing that is very important is to know where you are putting your hard-earned money and to be knowledgeable on how to secure your investment from loss.

Crypto investment dey very risky but bitcoin investment they come with less risk. The risk that you need to take and that can make you a good amount of profit na to invest in bitcoin. But if you wan gamble with your money and wan take bigger risk wey you no fit dey sure of the outcome na to invest in altcoins. Na true say many people don make money from crypto investments for altcoins but na calculated risk dem take achieve am, so if you no get dat mindset and good calculations no follow dem gamble because you go lose wella for the thing and e go make you hate on crypto.

When we talk about cryptocurrency, it is all the the coins in the ecosystem but if we specify then there are different projects and the only risk we have in the cryptocurrency ecosystem is the altcoins and not for Bitcoin because Bitcoin is already well known to all but the altcoins are not so the risk in altcoins are more. And for altcoins I don't have any trust in them because anything can happen at any time. Be careful with altcoins.

Most cryptocurrency investments are risky and you don't know the good ones to investment your money, I know that Bitcoin is better than every other cryptocurrency. I know that it is good to invest in it, when the price dump it will pump again, but some cryptocurrency will dump and will not pump again, this is the reason why Bitcoin is the best and it has no risk of your money being wasted as you are sure that price will rise and be better than before. I know that altcoins have risks and if you don't do careful research you can a lose investment.

I don't consider using some specific months to detect when to invest, the market is not controlled in any form but depending on their demand and supply. For Bitcoin specifically the right time which we should have assumed of being most profitable to invest would have been during this festive season but everyone saw what happen earlier, instead of the price going down so more investors can come in rather it was even going higher, so you never can tell. Either you apply your DCAING or wait for the DIP.

But talking about the right time to invest into crypto currency, according to my research, it's seeems between the months of October/November and April/may are the best times to invest in crypto currencies, but does this timing stop it from  dropping prices , so as investors can buy at a lower price and make profits on a long run,  because with the right timing I think investors can take advantage of it and buy.

Investing in crypto is a long term investment thing. If the marketing is falling today, tomorrow it will rise again that's why you need patient and study the crypto market before you invest. Year's ago when bitcoin just came, many people were skeptical about investing in it but people that we're knowledgeable about it went ahead to invest. Today they are reaping the fruit of their investment. So when investing in crypto be patient and also invest smartly.

I don't believe they will get anycoin that is save to invest more than bitcoin because he will minimize your loss but is also a risk because they don't have any coins that are not risk that is why if you want to start your investment journey on crypto you need to keep in mind that you are taking risk and you won't say you will get all your money back because the price is volatile. Change can occur at any time, which is why they want someone to invest for the long term to profit because that is where you can be lucrative in bitcoin, Except you want to trade since it is the only way to make a rapid profit and is also the most dangerous than investment, since in trading if you don't grasp the strategy  you will never succeed on it, you will lose money at any point because you don't know what you're doing, which is why some investors prefer to invest for the long term rather than trade because in minimize there risk.

Have you ever asked any investor why they choose to invest in other crypto and forgetting about bitcoin or probably they just want a short term investment, crypto investment is risky and a lot of people have fell to this trap of new tokens without potentials, even if crypto investment is said to be risky not all crypto investment serve as a risky investment, if you choose to invest I will advice you know the kind of coin you want to buy and sometimes coins like this will not profit in long term investment, as an investor you should be smart when choosing any coin, taking risk is not the problem cause you should be ready to take risk when talking about investment.

Everything we do has the tendency of either yielding positive result or not. It is the ability to make the decision responsibly regardless of the huddles that comes with it that makes the difference.

Crypto has it associated risk ranging from it volatile nature to the security angle that makes a stolen or lost crypto asset irrecoverable and this is why it is necessary that before one invest into crypto, one should get the basic knowledge that will better protect him against this loses.
 If you always fix your eyes on the disadvantages associated with a thing more than it advantages, you would not be able to make good decisions that will propel you forward financially and so the take here should be that you know the risk associated with crypto investment, device means to overcome them and then invest responsibly.