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Topic: The Risks and Rewards of Cryptocurrencies - page 4. (Read 5540 times)

sr. member
Activity: 616
Merit: 250
November 22, 2019, 04:25:53 PM
I think that in every investment, business or opportunities there are always corresponding risks and rewards.  Just like in cryptocurrency, there are a lot of risk since most of the projects are start-ups and we don't know if it gonna make it or fail. There are a lot of scam projects as well.  The big reward is if the project you believe in will accept and prosper.  Cheers.
sr. member
Activity: 1078
Merit: 256
November 22, 2019, 09:39:18 AM
The risks of cryptocurrencies are that these are the same risks as in any investment. You must objectively understand how sum you can set, so that in case of failure, you can safely part with it. And awards are an opportunity to operate cryptocurrency practically all over the world with minimal time and financial expenses.
It's the same in the sense when you understand what you are doing, there's really risk but if you go deeper and you seek for more knowledge the chance for you to enjoy and take advantage is high. It's a matter of how much you are willing and how far you can proceed according to your proper understanding. It's profitable once you learned everything around.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
November 22, 2019, 09:34:59 AM
Once again, I am convinced that cryptocurrency is a place where the concentration of risks just rolls over. And to blame for all the volatility of the market.
They turn the market as they want. It is impossible to predict something all the time. You have to rely on those things that the market is manipulated by those who have large volumes and they may want something.
In fact, it is very difficult to set and make forecasts of any kind in such a market. In view of this, the only less risky strategy is HOLD. Everything else is gambling.

It is very different in forex or stock market, here in crypto, the price can be dropped anytime without our further knowledge, without any valid reason, and this is because crypto is controlled by whales wherein you don't have any idea what is on their mind, when they will buy and when they will sell. The reward is that if we will take risk we will have a good profit unlike to other form of investment.
Forex and stock market is actually the same thing. If you don't believe there are so many people out there talking about their stories that they got drained and ended up broke after trading forex. It's basically the same thing but forex is draining slowly and lure you deeper and deeper.
Stock market also prone to the market manipulation that could drive down your entire portfolio to nothing just becasue there's internal conflict or various factors that could affect the stock. Have you seen some company after they got exposed into something their stock suddenly drops hard? there are plenty of such cases happened.
sr. member
Activity: 700
Merit: 257
November 22, 2019, 09:32:43 AM
Once again, I am convinced that cryptocurrency is a place where the concentration of risks just rolls over. And to blame for all the volatility of the market.
They turn the market as they want. It is impossible to predict something all the time. You have to rely on those things that the market is manipulated by those who have large volumes and they may want something.
In fact, it is very difficult to set and make forecasts of any kind in such a market. In view of this, the only less risky strategy is HOLD. Everything else is gambling.

It is very different in forex or stock market, here in crypto, the price can be dropped anytime without our further knowledge, without any valid reason, and this is because crypto is controlled by whales wherein you don't have any idea what is on their mind, when they will buy and when they will sell. The reward is that if we will take risk we will have a good profit unlike to other form of investment.
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
November 22, 2019, 08:50:09 AM
Once again, I am convinced that cryptocurrency is a place where the concentration of risks just rolls over. And to blame for all the volatility of the market.
They turn the market as they want. It is impossible to predict something all the time. You have to rely on those things that the market is manipulated by those who have large volumes and they may want something.
In fact, it is very difficult to set and make forecasts of any kind in such a market. In view of this, the only less risky strategy is HOLD. Everything else is gambling.
legendary
Activity: 2534
Merit: 1338
November 21, 2019, 10:28:33 AM
And that is by far one of the biggest problems in this market, the mentality of the new investors that come to this market, instead of treating bitcoin and altcoins like any other investment they treat them as a way to get rich really quickly and do not take the appropriate precautions, then when they predictively fail they claim that cryptocurrencies are a scam and scare away potential investors that do not want to go through that not understanding that a less risky approach will work wonders in this market.
In a business like this, risks are your weapon because it is the one you before winning or even losing a battle. In order for you to win, you must take a risks making a decision that makes your goal possible, but if you lose why not take another decision and make better ways than ever before, most important part of your journey is learning not trying, because all of your loss will be nonsense if your mistakes have been occurred multiple times, we should learn at our mistakes. There are rewards if you already make your decision and it makes you possibly get what you want.
Risk is a weapon and just as you can use it against the market the market can use it against you and that is a problem, there are many traders out there that have taken huge risks to reach their goals and while some of them have been successful while doing this the majority have lost everything that they had, and when you think about this it is fair to ask who are the ones that took away that money from them? And the ones that obtained those profits are those that took very low risks.
jr. member
Activity: 644
Merit: 1
November 17, 2019, 03:22:33 PM
The risks of cryptocurrencies are that these are the same risks as in any investment. You must objectively understand how sum you can set, so that in case of failure, you can safely part with it. And awards are an opportunity to operate cryptocurrency practically all over the world with minimal time and financial expenses.
sr. member
Activity: 1050
Merit: 286
November 17, 2019, 02:34:23 PM
Do you want people to put on headsets and listen to this podcast for 28:33 minutes? why would people do that? I think you should listen to the podcast and then summarize what they said and post in this thread the summary you made

I would love to know your thoughts about where we are going and how you think the landscape will change.

if enter a lot of money in the crypto market, I believe that the volatility will not be very high as it is today, at least we will not see high increases and followed by very large falls

Partially yes, a lot of money can make the price more stable for cryptocurrencies. But where get these all money? The most controversial thing that people don't want to invest in cryptocurrencies by high volatility and fix this volatility could a lot of people with a lot of money Smiley
A lot of people join with crypto to be faster rich person, they think bitcoin and altcoin are the best way how to get much profit in short time, maybe many people lucky by choosing an altcoin and get much profit, when you make mistake with get bad coin you have waiting more than one year for getting back your investing and stop for dreaming much profit.
And that is by far one of the biggest problems in this market, the mentality of the new investors that come to this market, instead of treating bitcoin and altcoins like any other investment they treat them as a way to get rich really quickly and do not take the appropriate precautions, then when they predictively fail they claim that cryptocurrencies are a scam and scare away potential investors that do not want to go through that not understanding that a less risky approach will work wonders in this market.
In a business like this, risks are your weapon because it is the one you before winning or even losing a battle. In order for you to win, you must take a risks making a decision that makes your goal possible, but if you lose why not take another decision and make better ways than ever before, most important part of your journey is learning not trying, because all of your loss will be nonsense if your mistakes have been occurred multiple times, we should learn at our mistakes. There are rewards if you already make your decision and it makes you possibly get what you want.
legendary
Activity: 2534
Merit: 1338
November 17, 2019, 12:56:01 PM
Do you want people to put on headsets and listen to this podcast for 28:33 minutes? why would people do that? I think you should listen to the podcast and then summarize what they said and post in this thread the summary you made

I would love to know your thoughts about where we are going and how you think the landscape will change.

if enter a lot of money in the crypto market, I believe that the volatility will not be very high as it is today, at least we will not see high increases and followed by very large falls

Partially yes, a lot of money can make the price more stable for cryptocurrencies. But where get these all money? The most controversial thing that people don't want to invest in cryptocurrencies by high volatility and fix this volatility could a lot of people with a lot of money Smiley
A lot of people join with crypto to be faster rich person, they think bitcoin and altcoin are the best way how to get much profit in short time, maybe many people lucky by choosing an altcoin and get much profit, when you make mistake with get bad coin you have waiting more than one year for getting back your investing and stop for dreaming much profit.
And that is by far one of the biggest problems in this market, the mentality of the new investors that come to this market, instead of treating bitcoin and altcoins like any other investment they treat them as a way to get rich really quickly and do not take the appropriate precautions, then when they predictively fail they claim that cryptocurrencies are a scam and scare away potential investors that do not want to go through that not understanding that a less risky approach will work wonders in this market.
legendary
Activity: 2282
Merit: 1023
November 17, 2019, 10:59:01 AM
~snip
Most of the new investors concentrate on making money but they forget to do some research and develop understanding of their asset and digital coin market first. Due to this, they face more problems than the educated ones. No doubt. Crypto currencies can make us rich within a year but having some sound knowledge is required. With time, they will cover the holes by gaining experience.
You think that all the investors are blind while investing, you cannot have a ton of education in the new market and some people learn through mistakes, when new projects appeared everyone invested in those to make profit and majority of the token projects turned out to be a scam and you cannot find any investors in the ICO projects.

My request to you Webetcoins is not to link all these posts as it is irritating to the eyes while reading and i have no idea why you are doing so .
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
November 17, 2019, 10:46:43 AM
BBC recently did a interview around the volatility of cryptocurrencies. I think we are still so early in this industry but I would love to know your thoughts about where we are going and how you think the landscape will change.

People in the podcast include:

Marc Warne, Founder, Bittylicious
Jemima Kelly, reporter, FT Alphaville
Dave Jevans, CEO, CipherTrace


https://www.bbc.co.uk/sounds/play/m000676m

Today there a lot of websites and country that supports the use of bitcoin or the other cryptos because it is fast and easy to use for the transaction and also less hassle for both party, but like the details said earlier the price of the cryptocurrency is very volatile. It quickly affects the market and the price every time; it is not fair to the workers if the money or the coins given to them are decreasing every time. Its favor of them if the price of the crypto is stable or good, but in fall, it has an impact on their salaries.

That's why I think that was not good for buying product because that was good for keeping in the future because of its volatile, the bitcoin can give you a huge profit in the future by increasing its demand by using introuduce from other country who do not know about bitcoin.
full member
Activity: 840
Merit: 105
★Bitvest.io★ Play Plinko or Invest!
November 17, 2019, 08:41:54 AM
BBC recently did a interview around the volatility of cryptocurrencies. I think we are still so early in this industry but I would love to know your thoughts about where we are going and how you think the landscape will change.

People in the podcast include:

Marc Warne, Founder, Bittylicious
Jemima Kelly, reporter, FT Alphaville
Dave Jevans, CEO, CipherTrace


https://www.bbc.co.uk/sounds/play/m000676m

Today there a lot of websites and country that supports the use of bitcoin or the other cryptos because it is fast and easy to use for the transaction and also less hassle for both party, but like the details said earlier the price of the cryptocurrency is very volatile. It quickly affects the market and the price every time; it is not fair to the workers if the money or the coins given to them are decreasing every time. Its favor of them if the price of the crypto is stable or good, but in fall, it has an impact on their salaries.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
November 17, 2019, 08:03:34 AM
Do you want people to put on headsets and listen to this podcast for 28:33 minutes? why would people do that? I think you should listen to the podcast and then summarize what they said and post in this thread the summary you made

I would love to know your thoughts about where we are going and how you think the landscape will change.

if enter a lot of money in the crypto market, I believe that the volatility will not be very high as it is today, at least we will not see high increases and followed by very large falls

Partially yes, a lot of money can make the price more stable for cryptocurrencies. But where get these all money? The most controversial thing that people don't want to invest in cryptocurrencies by high volatility and fix this volatility could a lot of people with a lot of money Smiley
A lot of people join with crypto to be faster rich person, they think bitcoin and altcoin are the best way how to get much profit in short time, maybe many people lucky by choosing an altcoin and get much profit, when you make mistake with get bad coin you have waiting more than one year for getting back your investing and stop for dreaming much profit.

And that is wrong thinking. Bitcoin and altcoins are not the way to get rich over night and as soon as some realise that they end up deeply disappointed. If you are smart and experienced trader and investor you can make decent profit over reasonable period of time but it's not likely that you will become rich. Dealing with Bitcoin you are exposed to risk all the time and occassionaly you will make some mistakes too, so that should you count on.
He is not a expert because experienced traders know the risk factors and rewards. The current market is rapidly moving so pump and dump will happen so every traders are disappoint one time, But they can manage all the time because volatile currency is a great earning platform but few times it will moving backwards.

It's right to say the market is moving fast to go down or up at a shocking price. So you should continue to monitor every time you have invested coins. now all feels vulnerable.
Market is volatile but not that much as you are saying, at least not at the present moment. Everyone knows about the current situation. Bitcoin is going through a dip and so is the whole digital coin market. Moreover, it is just bitcoin that fluctuates a lot in all types of time. So the bitcoin holder that are basically day trader are supposed to keep an eye on the changing values. Other can take a break.

Just a little disappointed with beginners who are just learning or eager to invest and hope big but end up with a big disappointment with the losses they have done. If you have known this too long, you may be seen to be relaxed.  Wink
Most of the new investors concentrate on making money but they forget to do some research and develop understanding of their asset and digital coin market first. Due to this, they face more problems than the educated ones. No doubt. Crypto currencies can make us rich within a year but having some sound knowledge is required. With time, they will cover the holes by gaining experience.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
November 17, 2019, 01:43:07 AM
The risk of cryptocurrency is mainly about losing money due to the volatile nature of it. Apart from this risk of instability of values, other risks can be avoided when you're careful.

There are some who say that cryptocurrency lacks acceptance and that's why they don't want to make use of it, well that used to be true, but right now there are lots of businesses that are starting to accept the crypto payment such as bitcoin. Though another problem is that you have to be careful with them or just don't use your bitcoin for buying things online.

The next thing is theft: cryptocurrency wallets can be hacked, but you can still avoid this by being careful and securing your wallet with the proper security. These are the only risks I'm sure about and they can be avoided except the price instability.
Everyone already knows that the risks involved is that you can lose your money. If you're lucky you will be able to make lots of money. Anyone who is investing in cryptocurrency should always be aware of the risks that are involved.

When I started cryptocurrency I was never aware that Bitcoin can be really volatile and I was using a Xapo wallet then and the price if Bitcoin was $250 or so. So, I received some bitcoins from someone and left it in my Xapo wallet with plans to sell it the next day. The next day I opened the wallet and logged in and realized that the price dropped down to $240+.

I contacted support and questioned them about what happened to the money and they told me that that's how cryptocurrency is, that your money can go down at any time. Don't blame me for it, I never knew that cryptocurrency is something volatile. I was looking for a payment method to use and I searched on Google and Bitcoin came and I checked and it was available in my country, I didn't take out time to research more about it since people said it was legit. It was after this incident that I decided to do further research on Bitcoin and cryptocurrencies in general.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
November 16, 2019, 10:03:04 AM
BBC recently did a interview around the volatility of cryptocurrencies. I think we are still so early in this industry but I would love to know your thoughts about where we are going and how you think the landscape will change.

People in the podcast include:

Marc Warne, Founder, Bittylicious
Jemima Kelly, reporter, FT Alphaville
Dave Jevans, CEO, CipherTrace


https://www.bbc.co.uk/sounds/play/m000676m
There is no reward that easily getting in specially in this industry. Many people are walking in a hole of needle before they become millionaire. That is why risk is equivalent in reward. No more risk, no more chace to win. We just like in a playground where bullets are going to us and we only need to do is to escape.
Bearish season is the most hated part of the traders and all those coins going down is the bullet that striking us, our capital. We should escape ourselves from it until we finish the fight.
sr. member
Activity: 742
Merit: 251
November 16, 2019, 08:34:09 AM
Do you want people to put on headsets and listen to this podcast for 28:33 minutes? why would people do that? I think you should listen to the podcast and then summarize what they said and post in this thread the summary you made

I would love to know your thoughts about where we are going and how you think the landscape will change.

if enter a lot of money in the crypto market, I believe that the volatility will not be very high as it is today, at least we will not see high increases and followed by very large falls

Partially yes, a lot of money can make the price more stable for cryptocurrencies. But where get these all money? The most controversial thing that people don't want to invest in cryptocurrencies by high volatility and fix this volatility could a lot of people with a lot of money Smiley
A lot of people join with crypto to be faster rich person, they think bitcoin and altcoin are the best way how to get much profit in short time, maybe many people lucky by choosing an altcoin and get much profit, when you make mistake with get bad coin you have waiting more than one year for getting back your investing and stop for dreaming much profit.

And that is wrong thinking. Bitcoin and altcoins are not the way to get rich over night and as soon as some realise that they end up deeply disappointed. If you are smart and experienced trader and investor you can make decent profit over reasonable period of time but it's not likely that you will become rich. Dealing with Bitcoin you are exposed to risk all the time and occassionaly you will make some mistakes too, so that should you count on.
He is not a expert because experienced traders know the risk factors and rewards. The current market is rapidly moving so pump and dump will happen so every traders are disappoint one time, But they can manage all the time because volatile currency is a great earning platform but few times it will moving backwards.

It's right to say the market is moving fast to go down or up at a shocking price. So you should continue to monitor every time you have invested coins. now all feels vulnerable.
Market is volatile but not that much as you are saying, at least not at the present moment. Everyone knows about the current situation. Bitcoin is going through a dip and so is the whole digital coin market. Moreover, it is just bitcoin that fluctuates a lot in all types of time. So the bitcoin holder that are basically day trader are supposed to keep an eye on the changing values. Other can take a break.
sr. member
Activity: 770
Merit: 253
November 15, 2019, 12:31:02 PM
The risk of cryptocurrency is mainly about losing money due to the volatile nature of it. Apart from this risk of instability of values, other risks can be avoided when you're careful.

There are some who say that cryptocurrency lacks acceptance and that's why they don't want to make use of it, well that used to be true, but right now there are lots of businesses that are starting to accept the crypto payment such as bitcoin. Though another problem is that you have to be careful with them or just don't use your bitcoin for buying things online.

The next thing is theft: cryptocurrency wallets can be hacked, but you can still avoid this by being careful and securing your wallet with the proper security. These are the only risks I'm sure about and they can be avoided except the price instability.


Losing money will only happened depending on coins/tokens, we should set goal, what type of coins/tokens do we want?Are we willing to hold in long term? or are we just willing to hold in short term as we wanted to trade it.

Let's always remind ourselves that there is risk in everything we are doing especially in investing, so we should be emotionally and financially ready when we are investing, as this can help us in our decision making, but before that make sure you have invested time to learn about what you are investing at.
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
November 15, 2019, 06:51:48 AM
The risk of cryptocurrency is mainly about losing money due to the volatile nature of it. Apart from this risk of instability of values, other risks can be avoided when you're careful.
risk that caused by volatility actually could be managed by doing some risk management suchbas cut loss or martiangle.some traders use this strategy caused they think price could back to initial price or buying price.most of them still believe crypto market could give them profits.


he next thing is theft: cryptocurrency wallets can be hacked, but you can still avoid this by being careful and securing your wallet with the proper security. These are the only risks I'm sure about and they can be avoided except
Wallet hacking be main problems beside fake projects.we often forget about for key and sometimes access wallet careless.we should not open strange link in our mail or other source.any hacking  cases due this reason.
sr. member
Activity: 2660
Merit: 339
November 14, 2019, 11:42:34 PM
The risk of cryptocurrency is mainly about losing money due to the volatile nature of it. Apart from this risk of instability of values, other risks can be avoided when you're careful.

There are some who say that cryptocurrency lacks acceptance and that's why they don't want to make use of it, well that used to be true, but right now there are lots of businesses that are starting to accept the crypto payment such as bitcoin. Though another problem is that you have to be careful with them or just don't use your bitcoin for buying things online.

The next thing is theft: cryptocurrency wallets can be hacked, but you can still avoid this by being careful and securing your wallet with the proper security. These are the only risks I'm sure about and they can be avoided except the price instability.
sr. member
Activity: 700
Merit: 250
November 14, 2019, 10:38:36 AM
Do you want people to put on headsets and listen to this podcast for 28:33 minutes? why would people do that? I think you should listen to the podcast and then summarize what they said and post in this thread the summary you made

I would love to know your thoughts about where we are going and how you think the landscape will change.

if enter a lot of money in the crypto market, I believe that the volatility will not be very high as it is today, at least we will not see high increases and followed by very large falls

Partially yes, a lot of money can make the price more stable for cryptocurrencies. But where get these all money? The most controversial thing that people don't want to invest in cryptocurrencies by high volatility and fix this volatility could a lot of people with a lot of money Smiley
A lot of people join with crypto to be faster rich person, they think bitcoin and altcoin are the best way how to get much profit in short time, maybe many people lucky by choosing an altcoin and get much profit, when you make mistake with get bad coin you have waiting more than one year for getting back your investing and stop for dreaming much profit.

And that is wrong thinking. Bitcoin and altcoins are not the way to get rich over night and as soon as some realise that they end up deeply disappointed. If you are smart and experienced trader and investor you can make decent profit over reasonable period of time but it's not likely that you will become rich. Dealing with Bitcoin you are exposed to risk all the time and occassionaly you will make some mistakes too, so that should you count on.
He is not a expert because experienced traders know the risk factors and rewards. The current market is rapidly moving so pump and dump will happen so every traders are disappoint one time, But they can manage all the time because volatile currency is a great earning platform but few times it will moving backwards.
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