Topic: Number One Reason NOT to invest in Crypto - page 11. (Read 2419 times)
It is volatile but dollar is as well! I don't see any significant reasons which could prevent me from making investment in crypto. I wish to invest in bitcoin as many experts consider it the worth one
There’s no a valid reason to not to invest in cryptocurrency because in the first place cryptocurrency is the one who provide and support the source profits or income of the investors in this business
As for me, there are 2 reasons NOT to invest in the cryptocurrencies. These are - the lack of money and the lack of belief in crypto. I am always trying to invest in the coins at least 30% of my income.
For me reasons not to invest in crypto are if you don't have any idea what crypto is, lack of ineterest to learn crypto market and investment, impatient these are tje most common reason why you should not invest in crypto as we are know crypto is very high risk and volatility but if you know what you are investing for, the profit here is also greater than investing in any other stock market.
Yes you are right if you don’t have an experience or don’t know about crypto currency it is very risky thing you will able to loss your money that’s why many people saying learn and invest in crypto currency.
In the digital age, where we now have digital thieves, that is also the only thing you can do as there are so many ways to achieve this and as long as you stay knowledgeable about all the things you need to do to stay secured, then you should be fine.
i dont agree with you, thousand of peoples millionarie after investing in ico, and their are no other option to get huge profit. thats why people love crypto currency,
The truth is that people will always have their own share of how things end up turning out for them, and rather than blaming themselves to see where their mistakes are, they blame everything they can.Yeah, it is pitiable to lose such an amount of money by the OP, but I am sure he really must have made himself vulnerable to being hacked and knowing that you cannot escape them in this space, just as you cannot escape real thieves in real life sometimes, the only way you can actually do is to increase your level of security when you know what you are worth, but I guess some would not until they end up learning the hard way.
Some people like to invest in Crypto because they make a high profit for them. But some people do not like investing because the risk in this market is quite high. But let us remember that the higher the risk, the higher they bring us. This is the principle ever to do business in any field.
You say it because you lost your money, it should be before you go in the crypto you already know that there is no regulation on the crypto, to be honest I was somewhat annoyed with people who lost control and made statements like this, for losing money in his wallet which he grasp yourself, I think why you lose the money is mostly probably your own fault, where that which has the crypto is only you who can access and it's all in your hands.
Investing in crypto is profitable and risky. You have to improve yourself, and take risks. You need to set up stronger password protection, and do not visit malicious sites. I think crypto is a big turning point for the future. The reason you gave was not enough to convince me to give up crypto.
Not too convincing not to invest in cryptos. Cryptocurrencies are great assets in this developing world. It is a matter of keeping your riches in a safe storage. You know know the risks of crypto investments before plunging in and you must make a move to prevent these things from happening. How? Invest on a high-security wallet. Hardware wallets should be okay. We cannot anticipate hacking, yes, and that is why hardware wallets exist. If you are not contented with the privacy and security online wallets offer, invest on a good storage. Think of it this way. You've got billions of fiat money but you just store it in a cabinet with no lock. Anyone can steal that. Unlike when you invest on a vault or you deposited it in a bank that intends to protect your money.
Your reason didn't affect me at all. The main reason not to invest in crypto is I think my own fears and impatience with which you will definitely lose all your money)
OP is just bitter that someone stole his coins, but that’s not enough reason to just completely say that investing into crypto currencies is not worth it, others have lost more than that but they are still investing but I say that it’s really painful to see someone still everything you have toiled for in just a matter of minutes.
It is up to us to invest or not in crypto because at the end of the day it would be our own money that will be lost. That is why many people said that you should only invest money which you can afford to lose.
To my mind, crypto has a lot of coins, and you should learn about the coin to maximize your risk before investing in it. Honestly, if you have no knowledge of the crypto world then it is very difficult to invest in this market because you can see that more than 1,000 coin is officially present on CMC and many Not yet listed.
I got your point. Always keep in mind also that anything that we own right now it's either physical money, jewelry, gadgets, cars etc. are also prone to robbed, because anywhere in our community might be there few are criminals. So therefore, it is our rights and responsibility to protect our own possessions and with the help of the authorities and admins. I know you're really upset but just focus on your problem to solve, not to give reason for others to feel discourage in digital currency.
For me reasons not to invest in crypto are if you don't have any idea what crypto is, lack of ineterest to learn crypto market and investment, impatient these are tje most common reason why you should not invest in crypto as we are know crypto is very high risk and volatility but if you know what you are investing for, the profit here is also greater than investing in any other stock market.
Yes you are right if you don’t have an experience or don’t know about crypto currency it is very risky thing you will able to loss your money that’s why many people saying learn and invest in crypto currency.
Frankly speaking OP has no idea what he is talking about. Considering your post I got motivated to speak about this in completely different way. Yes, I do feel that we are here with at most security and safety of our funds. We dont have worry about the money that we put in here as it is meant for growing in upward direction only. So in any case, eventually we will have our money grown but not loosen.
i dont agree with you, thousand of peoples millionarie after investing in ico, and their are no other option to get huge profit. thats why people love crypto currency,
Some ICO's are worth investing for and this is why many investors are still coming despite of negative news about ICO. Invest on ICO and take the risk but don't forget to make effort studying the project because not all ICO's are true. Scams makes investors more afraid to come, this can't be stop so better to be careful and invest wisely.
Hmmm... this was quite negative. But I would decide for myself personally, that me and only I am responsible for what I am doing
This is like join at your own risk so in the end you can't blame anyone for your losses. Personally, what hinders me to invest in ico is because of the project itself like if it's shady and second if I don't have spare money at the moment.
But for others, I think they won't invest in ico because of lack of knowledge and afraid of volatility.
Hmmm... this was quite negative. But I would decide for myself personally, that me and only I am responsible for what I am doing
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Bitcoin is the gateway to big and genuine money. This is the reason why most of the online theft focus on it and concern the bitcoin which were stolen, I believed 95% of bitcoin wallet are secure only if human error are avoid and Bitcoin shouldn't be though.
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