The major risk in the crypto world that worries me the most is a lot of scams, I have very often found newbies creating threads in this forum saying
that they were victims of scam. Actually the problem is in ourselves why we become victims of scam, from the results of the research that I have
done. Most of the people who are victims of scam, because they cannot control their greed, want a profit in a short time. And also lazy to do research
when deciding to invest, which results in investing in scam projects.
Topic: The Major Risks in Crypto Business - page 6. (Read 1122 times)
[snip]
People are mad when the price dump but some were also happy with that, the same thing when the prices are high.
Well, because in crypto there are two types of people who want investments.People are mad when the price dump but some were also happy with that, the same thing when the prices are high.
Those are crypto holders, they want the price will pump up to see their profit and immediately cut it off once they had. On the other hand, those who want to invest, are waiting when there is a correction in the market or when it will dump. Not all are happy to see that there is an always all-time high in the market, that is why there is no continuous growth of the crypto price, it should be volatile by its nature.
i agree that sir. there are times when people are happy when the price of Bitcoin goes up and there are those who feel sad when bitcoin goes down. when the price rises they can be sad because they cannot buy at the price under. When the price is high, some are very happy because they can take profit. that's the ups and downs in the crypto world, especially bitcoin. so let's enjoy it happily.
[snip]
People are mad when the price dump but some were also happy with that, the same thing when the prices are high.
Well, because in crypto there are two types of people who want investments.People are mad when the price dump but some were also happy with that, the same thing when the prices are high.
Those are crypto holders, they want the price will pump up to see their profit and immediately cut it off once they had. On the other hand, those who want to invest, are waiting when there is a correction in the market or when it will dump. Not all are happy to see that there is an always all-time high in the market, that is why there is no continuous growth of the crypto price, it should be volatile by its nature.
The major risk in crypto and we must overcome is volatile prices, this on the one hand can make some people feel a large profit. Meanwhile,
on the other hand, it can make some people lose capital. Therefore trading and investing in the crypto world must have knowledge of how to
analyze the market, so we can find out when is the best time to buy coins and when we have to sell them.
This is all beyond our control and if we can't manage ourselves to control our emotions, that surely brought us to losing sides. People are mad when the price dump but some were also happy with that, the same thing when the prices are high. on the other hand, it can make some people lose capital. Therefore trading and investing in the crypto world must have knowledge of how to
analyze the market, so we can find out when is the best time to buy coins and when we have to sell them.
Volatility makes people become in doubt, makes them afraid to take the risk but if they understand that volatility makes people become profitable, they will jump in here. We have to say then that crypto investment is only for the risk-takers and that willing to change their mindset and behaviors. And we know that this is not for everyone.
The major risk in crypto and we must overcome is volatile prices, this on the one hand can make some people feel a large profit. Meanwhile,
on the other hand, it can make some people lose capital. Therefore trading and investing in the crypto world must have knowledge of how to
analyze the market, so we can find out when is the best time to buy coins and when we have to sell them.
on the other hand, it can make some people lose capital. Therefore trading and investing in the crypto world must have knowledge of how to
analyze the market, so we can find out when is the best time to buy coins and when we have to sell them.
I suggest that you emphasize before going into details what do you want to achieve? If they want to be investors or if they want to be market speculators, because there they encompass two concepts that are very important in what you are looking for.
The mind of an investor is not the same as that of a market speculator, you cannot talk about investment with a market speculator who is dedicated to short-term trading. And also, if you look at it, long-term investment will always pay off, if you take the history of bitcoin since 2009 you realize that as time passes it acquires more value, and if more people join the market it would generate more demand and therefore supply decreases causing the price to continue rising.
When it comes to market speculators, you can emphasize how you can study the market, without tools, indicators, fundamental analysis, you have to know that not all people have an identical financial culture, some do not have it and others may have it very advanced, you must handle concepts in a very general way that everyone can understand.
The mind of an investor is not the same as that of a market speculator, you cannot talk about investment with a market speculator who is dedicated to short-term trading. And also, if you look at it, long-term investment will always pay off, if you take the history of bitcoin since 2009 you realize that as time passes it acquires more value, and if more people join the market it would generate more demand and therefore supply decreases causing the price to continue rising.
When it comes to market speculators, you can emphasize how you can study the market, without tools, indicators, fundamental analysis, you have to know that not all people have an identical financial culture, some do not have it and others may have it very advanced, you must handle concepts in a very general way that everyone can understand.
1. what are the major crypto risks that one should know and avoid by all means.
2. How do we tackle these risks or are there way to tackle the risk?
Risk:
1.Volatile
2.Not regulated
3.Hacks/Scams
4.Fomo/Fud
Tackle/handling it out:
1. Read up the basics on how crypto work.
2. Common sense
3. Good emotion handling
4. Good risk management
Investing and trading without an understanding is very useless. I always recommend to anyone who ask me when he want invest and trading in bitcoin then he should buy a book first to learn how to trade or how to invest well.
At least he will know the basic strategy how trade/invest so as he can apply when he start. This thing will avoid someone who just comes and he leaves becuase he gets a huge lose and never come back to invest.
But, when he has known about how to trade and how to invest although he got lose he will come back later. He will be curious and even he will learn more to get profit in the market. After that, if he just get a first profit I believe he will learn more about trading/investing strategy.
At least he will know the basic strategy how trade/invest so as he can apply when he start. This thing will avoid someone who just comes and he leaves becuase he gets a huge lose and never come back to invest.
But, when he has known about how to trade and how to invest although he got lose he will come back later. He will be curious and even he will learn more to get profit in the market. After that, if he just get a first profit I believe he will learn more about trading/investing strategy.
the risk that must be faced is this 'LOSS' which often makes everyone feel sorry for joining crypto,
but if we already understand and can read the market losses can be minimized. examples of losses that often occur in beginners buy tokens while on Fomo.
solution, look for tokens that are not yet Fomo, usually the market will give you a code for which coins will rise in the near future, you can choose and all return to luck
but if we already understand and can read the market losses can be minimized. examples of losses that often occur in beginners buy tokens while on Fomo.
solution, look for tokens that are not yet Fomo, usually the market will give you a code for which coins will rise in the near future, you can choose and all return to luck
The risks that comes to my mind when it comes to businesses engage in crypto is that how they manage cash flow. A regular business that deals with fiat currencies can operate normally however businesses operating using crypto could be a different story, due to fluctuations of Bitcoin and other cryptocurrency assets it will be challenging for a business to manage their financial flow.
It seems to me that you want somebody to spoonfeed you and give you all the information you need without any effort on your side. 
The biggest crypto risks in trading/investing are:
1.Choosing a crypto exchange platform that isn't legit.
2.Look at the first rule.
If you don't plan to start crypto trading,then buying and HODLing BTC in your own wallet is your best bet.
In that case,keeping your private keys is the most important thing.
I already done my research about the topic but I feel it'll be mutually helpful to ask such question here. The biggest crypto risks in trading/investing are:
1.Choosing a crypto exchange platform that isn't legit.
2.Look at the first rule.
If you don't plan to start crypto trading,then buying and HODLing BTC in your own wallet is your best bet.
In that case,keeping your private keys is the most important thing.
The major risk in crypto is its volatility in prices but at same time the volatile price is what really makes crypto beneficial to traders and investors, so about the price volatility one should just know how to manage risk and also use a good strategy when trading and When investing always buy low and sell high. Another risk is buying a shit coin, before investing in any project or new coin always make research and be sure the project or coin got good potentials.
Shall everything has a secret to protect it's occurrence of disadvantages but in cryptocurrency its diverse and differs, because the way another user understand the concept of risk measures in cryptocurrency might not be to another, so it involves the areas of concentration in crypto network..
Now buying and selling of bitcoin is also a risk,
Buying and holding Bitcoin it's also risk,
Buying only a particular coin its risk also,
So everything is base on luck not necessary to prevent risk because the risk is what kept btc moving.
Now buying and selling of bitcoin is also a risk,
Buying and holding Bitcoin it's also risk,
Buying only a particular coin its risk also,
So everything is base on luck not necessary to prevent risk because the risk is what kept btc moving.
I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."
I would want to focus on trading and Investing. But, i want to know what you think on the following;
1. what are the major crypto risks that one should know and avoid by all means.
2. How do we tackle these risks or are there way to tackle the risk?
We can use btc trading and investing as a case study.
I would want to focus on trading and Investing. But, i want to know what you think on the following;
1. what are the major crypto risks that one should know and avoid by all means.
2. How do we tackle these risks or are there way to tackle the risk?
We can use btc trading and investing as a case study.
One major Cryptocurrency risk that everyone should know is the volatility of every cryptocurrency. The possibility of every cryptocurrency to drop its value to almost close to nothing. This should be kept in mind ALWAYS because nobody knows when will it all collapse or at least decrease in value. This risk is unavoidable but they should just expect this to happen and must be willing to take the loss that it will bring to them.
This risk can be premeditated when you keep track of everything you are doing within the Crypto Industry. They must be careful in choosing when to invest and what to invest on. They must always have a backup plan in case things go south.
~
There are many risks, but don't let it get into you too much. Volatility is the one that many would think.
Vulnerability is the second because imagine that your money is in digital and a piece of hack could still all your money from it.
Just don't use online wallets so that you'll at least lessen the risk and keep your pc clean for obvious reasons. If an account is hackable, so does a wallet.
I am looking forward for you case study. I conducted mine but it wasn't the successful back in 2017.
I agree to this idea. Cryptocurrency itself is a very high risk way of business commonly because of its aspect that it is too much volatile kind type of online or digital money. The earnings or profit making is a very good in terms of making it possible yet the loss or the rapidly bankrupt idea is also one of the possible outcome. I suggest that if you want to go on in cryptocurrency business or simply in some trading or gambling, you must know a lot things about it and what are you're coming in. For me, personally it is hard to get back or to recover from loss in crypto, but if you have enough knowledge, you will earn good I guess.
~
There are many risks, but don't let it get into you too much. Volatility is the one that many would think.
Vulnerability is the second because imagine that your money is in digital and a piece of hack could still all your money from it.
Just don't use online wallets so that you'll at least lessen the risk and keep your pc clean for obvious reasons. If an account is hackable, so does a wallet.
I am looking forward for you case study. I conducted mine but it wasn't the successful back in 2017.
The major risk in investing and trading in crypto that a beginner may encounter is the volatility of the bitcoin on which no one can assure profit in terms of both things, the second risk that we may encounter as well is choosing or finding a legit crypto exchange, there is already a lot of fake exchange that a beginner may encounter upon exploring the crypto world so you better choose the overrated and well-known exchange to assure that your money is safe. Would be better if you also include these things in your lecture:
1. Basic introduction about cryptocurrency.
2. Decentralization
Anyway, Goodluck with your lecture, wish you success.
1. Basic introduction about cryptocurrency.
2. Decentralization
Anyway, Goodluck with your lecture, wish you success.
I believe cryptocurrency trading has high market risk. And, I also believe cryptocurrency trading is best way to make money from cryptocurrency.
Yes trading is one o the best way to earn from this industry, if you have good
knowledge and enough patience to work with volatility, the chance of getting
good compensation is really high.
Risk will be doubled if you invest money in scam or demand less project. I always research the project background, Product and future plan before investing a penny.
Scam are everywhere, not doing your DYOR will risk your money, you need to make sure
to take your time researching and not just to blindly follow anyone's predictions.
And If you want to invest in only btc, then buy btc at right time and hold. Then sell at right time.Market analyzing is important here.
Investing is not easy, timing is very important volatility once you learn the right way
you'll be in good hand.
One risk from a business perspective is the same risk everyone else has, volatility. At least with a dollar the value remains somewhat constant other than inflation which is relentlessly tracked and measures have been put in place to help prevent it. With Bitcoin you could sell a car for one BTC today and it might not be worth half as much tomorrow. That is a Business risk! Bitcoin will never replace fiat. It's not meant to do that.
Risks in cryptocurrency investments are depending on how you deal and work with it in the market.
It also depends on you on how will you handle your assets or capital so that you will make it grow or you will make yourself effective with it.
Trading, Investment or Gambling, name it, there's always a risks when there's money and market volatility so you need to become aware about that.
It also depends on you on how will you handle your assets or capital so that you will make it grow or you will make yourself effective with it.
Trading, Investment or Gambling, name it, there's always a risks when there's money and market volatility so you need to become aware about that.
Jump to: