Risk points of investing in cryptocurrency. - page 6.

Gelesko

member

Activity: 322

Merit: 10

Quote from: voltagecrypto98 on May 25, 2018, 08:18:33 AM

As a newbie, I should know the risk point of investment in cryptocurrency. Could you please share your views so that I can gather some knowledge about the risk factors??
Thanks in advance.

The risk factor is you lose everything, what you invest! If you want to succeed in crypto, you need good knowledge what you invest in, follow their telegram group, read white paper, know the team and most of all be very patient! I know a lot of people who earned from crypto, but because of their greed, they kept on investing and now they are almost broke, as when it was time to sell, they kept on buying while it was at a peak price. You need a good strategy and a lot of patience

Bhosted

full member

Activity: 328

Merit: 100

There are many risks in the crypt and so when I started to get acquainted with the crypt I first tried long-term investment in promising coins, and now I look closely at some coins for day trading.

JunMel

newbie

Activity: 140

Merit: 0

Quote from: voltagecrypto98 on May 25, 2018, 08:18:33 AM

As a newbie, I should know the risk point of investment in cryptocurrency. Could you please share your views so that I can gather some knowledge about the risk factors??
Thanks in advance.

Crypto currency is associated with lot of risk. First you must have enough knowledge and understanding how crypto works before investing. Second you must fully aware of every coin you like to buy,do some thorough research before buying it. Then always study first before joining any projects if those projects are not hype or scam.

travelhelperio

jr. member

Activity: 56

Merit: 1

Helper

Quote from: voltagecrypto98 on May 25, 2018, 08:18:33 AM

As a newbie, I should know the risk point of investment in cryptocurrency. Could you please share your views so that I can gather some knowledge about the risk factors??
Thanks in advance.

Crypto market is high risk market for short term Investor, But For long term investor Risk convert in to huge profit, you can check the graph of bitcoin in 2015 to 2017 how much huge profit investors earned in 2 years, same as ETH.

● Travel Helper ●
▰▰▰▰ Decentralised Freelance platform for Travellers▰▰▰▰
● WHITEPAPER ● TELEGRAM ● TWITTER ● FACEBOOK ● ANN THREAD ●

ryanfromrethink

member

Activity: 294

Merit: 10

Beginners need to understand that the investment risks here in any case remain. Therefore, you need to learn the basics of trade and investment before starting work.

hellyeahent

sr. member

Activity: 532

Merit: 250

The main risk for me is the difficulty in choosing a truly reliable and profitable project in order to avoid possible losses of your money.

Cloak1

sr. member

Activity: 623

Merit: 251

According to me the biggest risk is the declining trend of the crypto you invested. The second is the ban by local laws/policies. The third is the loss of your password or key. And the forth is whether the cryptocurrency you invested will survive in the competition.

olya_n

member

Activity: 280

Merit: 10

Quote from: voltagecrypto98 on May 25, 2018, 08:18:33 AM

As a newbie, I should know the risk point of investment in cryptocurrency. Could you please share your views so that I can gather some knowledge about the risk factors??
Thanks in advance.

Many newbies to the cryptocurrency market with a dump start to panic and sell their coins at a low price. They lose their profits and their investments ... Of course, investment in the cryptocurrency is very risky! It is necessary before investing your money, to understand these risks well and not to panic while dumping, but to wait for the rise in prices of crypto. Collect the maximum information about the coin you want to invest in. Good luck to you!

JohnMacZeppelin

full member

Activity: 602

Merit: 101

There are a lot of risks and in order to properly assess the scale I would probably recommend that you still try to invest a small amount in any project you like that you would consider normal, then you will understand all the risks that are present today

Veeggaa

newbie

Activity: 40

Merit: 0

Quote from: ProstoCrypta on August 24, 2018, 05:10:58 AM

A huge abundance of information. Which is controversial, full of rumors. This is confusing and, if not sorted out properly, can lead to large losses.

On my opinion, as there are no laws or regulations that specifically impose the liability of the floor, so if the floor is hacked then your money on the floor may be lost. If you trade on a reputable trading platform, this will limit the risk. In fact, there were hackers attacking the trading floor. Be carefull and always pay attention, mate.

3-tails

newbie

Activity: 28

Merit: 1

Quote from: James678 on August 21, 2018, 04:43:16 PM

Well, there are a lot of risks, like being unlisted on exchange for ICO you've invested in. Another risk is low liquidity or dropping below pre-ico price.
i don't even talk about exit scam,because this outcome is obvious.

Many people really underestimate low liquidity. A coin can be so hard to trade it's unusable, so easy to inflate/deflate it's basically a scam waiting to happen, or even just die out and turn worthless. It's very, VERY dangerous!

Another warning: the harder people are promoting it, the more risky it becomes. Pump and Dump is everywhere, especially on newer coins or ones with lower liquidity. Usually it starts with a lot of astroturfing about how awesome a coin is and/or how it's "going to moon" and ends in a lot of broke people.

Honestly, I'd tred carefully with anything under two years old, especially if it has low liquidity. CoinGecko is a good place to check this stuff.

Lastly, doing the research can be a problem in and of itself. The astroturfing can get pretty bad and whitepapers don't make for newbie friendly reading. Unfortunately the research is needed for a wise investment...

Anicasalar

member

Activity: 238

Merit: 10

I believe that volatility becomes the main risk when investing in crypto. Care must be taken to select a suitable project with good potential.

Early_Waffle

full member

Activity: 294

Merit: 100

It is important to understand that there are always certain risks associated with investments, there is a risk of fraud and error, so you need to make a responsible choice.

ProstoCrypta

newbie

Activity: 55

Merit: 0

A huge abundance of information. Which is controversial, full of rumors. This is confusing and, if not sorted out properly, can lead to large losses.

moto556

newbie

Activity: 49

Merit: 0

There are a lot of risks when investing in the cryptocurrency market such as having a transaction, or familiar password or keyword for your wallet, phishing on the net ...

gorokill

sr. member

Activity: 490

Merit: 250

Quote from: voltagecrypto98 on May 25, 2018, 08:18:33 AM

As a newbie, I should know the risk point of investment in cryptocurrency. Could you please share your views so that I can gather some knowledge about the risk factors??
Thanks in advance.

Every investment has risks, as well as crypto, and I see the risks here are very large. and behind the big risks there is also a big advantage. because if you are not able to accept big risks don't expect you will get a big profit, that's why now many big investors from all over the world enter crypto investment. But if you know to handle the situation you can minimize the risks you face. In crypto to minimize the risk of investing you need sufficient knowledge about cryptocurrency and how it works.

Mrcharles

copper member

Activity: 336

Merit: 5

The cryptocurrency space is faced with price volatility, so many persons purchased bitcoin at $20,000 hoping to sell when the price gets to $50,000. But it's over 8 months and the price is unstable and has dropped far less than $6,000. In situations where a borrowed fund was used for the investment, it would be disastrous. It's better to only invest what you can afford to loose. Never use borrowed fund or money for short term commitment. The market is always unpredictable. Secondly, so many persons has got their wallet hacked as a result of their ignorance and inability to keep their private keys private.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: daenarys_stormborn on August 22, 2018, 02:38:46 PM

risk in the crypto world must have existed, and in my opinion even large enough, but behind that there is also a big advantage, a very clear risk is that the level of crypto market movements is very volatile, so it is very difficult to determine when to buy and when to sell

Comparing the ratio of risk and reward then we can really able to see the difference and this is why some or most people do gets interest because of the profitability factor that would possible get.
There are lots of factors or risk on engaging to crypto not only on the volatile prices itself but also in the part of most traders which they do lack knowledge and being too emotional you are really putting
up yourself into trouble.

daenarys_stormborn

full member

Activity: 756

Merit: 100

risk in the crypto world must have existed, and in my opinion even large enough, but behind that there is also a big advantage, a very clear risk is that the level of crypto market movements is very volatile, so it is very difficult to determine when to buy and when to sell

James678

member

Activity: 434

Merit: 10

Well, there are a lot of risks, like being unlisted on exchange for ICO you've invested in. Another risk is low liquidity or dropping below pre-ico price.
i don't even talk about exit scam,because this outcome is obvious.

Topic: Risk points of investing in cryptocurrency. - page 6. (Read 2069 times)