Topic: Number One Reason NOT to invest in Crypto - page 14. (Read 2419 times)
Crypto may not be safe or regulated in any way like fiat money, but nor are the possible earnings. In this case, the investor should always assume the risk.
dont invest if you dont have money 
Borrow money and invest in your future. For more then two years here do you know how many similar threads I saw? People complain on something that happens every day in banks world, how many people worked the whole life and stayed without pension? Crypto is not fair or gentle, you need to push your way trough. You need to know how to protect yourself, same like in the real world. If you don't know how to do that you are in trouble. Trust yourself and check more then once and you will be fine here, you can even make profit.
I think if he borrows money then he needs to think how he should pay that money in everyday or monthly. it is not a problem if he has a real job and he gets paid because he gives the money from his payment so he doesn't have to worry about anything. but if he doesn't have any job in real life then borrow money is not a good idea because he couldn't pay the money.
Fine. Though he earns from other job, it's not recommend to invest a large amount in a field where he is new. Let him try with a small amount. Choose the right crypto currencies. Study the market, analise and choose the right currencies.
If you feel that you are not yet prepared for such investment and revenue, kindly don't move ahead. Don't waste your money.
I couldn't care less what the world thinks of me since they are not the ones who is responsible for feeding my family.. Although my #1 reason for not investing 'too much' money in crypto is that loss is not insured, so you're on your own if you get hacked or something similar.
On the other hand, many people have earned a lot of money thanks to the crypto currency. The main thing is to do everything rationally and diversify the risks, to protect your funds as much as possible
cryptocurrency was developed bcz the current banking system was not preferred by everyone.and before investing your money in crypto's you should learn basic thing about crypto. always protect your private key or seed and keep them in offline sources.digital world is pron to hacking activity thats why always proctect your password or passphrase.
Correct, just to think off that this is just like a battlefield. You would really need to buckle up yourself to be protected which my means of setting up stronger security protection of your holdings here on crypto. Just a normal thing to keep secure of your keys,once compromised then expect you would really have a loss. If you do risk here on cryptoworld to earn money then you should know the possible things that might happen along the way.That’s right, there is no reason why we should not invest in crypto currency. This is one of the best investment this times. Maybe, risky but if you are equipped with good protection of your coins and you know how to keep yourself safe from bad peoples like hackers and scammers there is nothing to lose. Any investment is risky even if its not crypto currency.
To me I think the no one reason of not investing in crypto currency is it's not ligal. Today we ha e crypto currency but who knows tommorow we won't see crypto currency. And another reason is it's virtual. So we don't have any portion in our hand. All are in the internet account. Again the Value of every crypto currency are unstable. Today it has a high value but tommorow it may be at it's lowest value...
This is complete nonsense.
Yeah that's right. Investing in crypto currency is a great idea...than wasting your money in other cheap investments. This investments is one of the fastest way to earn more.
Don't' expect fast returns in Crypto because sometimes there are huge dumps happening, so it is always good to hold as long possible until the price of coin increases in the market. Cryptos will give you good income but for that, we need to have a lot of patience.
although todays crypto is slow moving and sometimes there are huge dump , but still crypto investment is good as long as you can wait and you see that your investment will run for a couple of months or year , and also you can do holding if you are afraid to loose in investing your coin is at your wallet go with the flow of the price .
This is complete nonsense.
Yeah that's right. Investing in crypto currency is a great idea...than wasting your money in other cheap investments. This investments is one of the fastest way to earn more.
Don't' expect fast returns in Crypto because sometimes there are huge dumps happening, so it is always good to hold as long possible until the price of coin increases in the market. Cryptos will give you good income but for that, we need to have a lot of patience.
dont invest if you dont have money
One of the basic point is that if you do not have money obviously you would not be able to invest in it . Also another thing is if you are a weak heart person and cannot see so much upside or downside fall so frequently than avoid investing in cypto even though you have money but such things can affect your health .
dont invest if you dont have money
If you don't have money then try to borrow from your relatives and pay them if you have already earned profit. If you don't like to borrow money you should start first here in this forum because just like me I don't have capital but then I found this forum. Here in this forum without capital you could still able to earn through signature campaign. Well, many various people think about this specially for people who dont like cryptocurrency.
For me, i could not find the reason to not get involve in cryptocurrency because more i search and more reason why to join this world that i get.
Crypto is risky because of the large fluctuations that occur more and more frequently, this is due to the price manipulation and domination of this market by capital-intensive investors. Because the cryptocurrency market is relatively small compared to other traditional markets, it is vulnerable to market volatility. That is why investors are hesitant to participate in cryptocurrency.For me, i could not find the reason to not get involve in cryptocurrency because more i search and more reason why to join this world that i get.
Most of the users of this coin are risks taker, so if you afraid to invest then stopped pulling other people down.
This is complete nonsense.
Yeah that's right. Investing in crypto currency is a great idea...than wasting your money in other cheap investments. This investments is one of the fastest way to earn more.
I this platform is getting a credible platform for trading and investment. so that I think investment in this platform would be a wise decision for the future purpose. So far I Know that This time is the most convenient situation for investors. I think if someone invests at this moment then it will bring a lot of good fortune in the future so far...
The number one reason is when you don't have a spare money. It means not the money that you earn but the cash that is for emergency or your savings. Because the crypto is very volatile, you can experiment it first on your extra cash so if you lose, it's not very bad.
they do not know that they can buy some crypto if they have some extra money . if they loss that money , its not a big deal for them and if they earn more from that money . im sure that they will buy more crypto but they have to be carefull
Wait what? i can't understand your point maybe you should clear it since I don't see some passive though's on your post. But regarding on this those people who are afraid to invest on crypto's are weak since they don't see the right potential of this to bring their first lambo. But for safeguarding their money they should buy those alts who listed on top 50 since that coin has been backed up by the community and cannot be easily dump nor delisted on any exchanges.
For me, the number reason not to invest in crypto is it is very volatile, imagine your investment may grow many folds and just a short span of time and it may also drop huge is a very less time as well. So beware alright.
Its better not to invest all your fiat and any unforeseen circumstances can happen in cryptocurrency sphere.. Try put little you are able to afford to loose...
The number one reason is when you don't have a spare money. It means not the money that you earn but the cash that is for emergency or your savings. Because the crypto is very volatile, you can experiment it first on your extra cash so if you lose, it's not very bad.
they do not know that they can buy some crypto if they have some extra money . if they loss that money , its not a big deal for them and if they earn more from that money . im sure that they will buy more crypto but they have to be carefull
Every investment has its own risk
even if you're trying to open a business (barbershop for example) and after so long, you failed. it can also be called investment, is not it?
so in fact the risk is sure to exist, it's just that we have to know how to outsmart it so as not to get caught in a scam.
Dont blame the crypto, blame the one who make the image of crypto looks bad
even if you're trying to open a business (barbershop for example) and after so long, you failed. it can also be called investment, is not it?
so in fact the risk is sure to exist, it's just that we have to know how to outsmart it so as not to get caught in a scam.
Dont blame the crypto, blame the one who make the image of crypto looks bad
The number one reason is when you don't have a spare money. It means not the money that you earn but the cash that is for emergency or your savings. Because the crypto is very volatile, you can experiment it first on your extra cash so if you lose, it's not very bad.
Very intregeaued by the points in this post.
I am a strong believer in Cryptocurrency but i can understand other points you bring up
I am a strong believer in Cryptocurrency but i can understand other points you bring up
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