Topic: What are the dangers inside cryptocurrency investing - page 3. (Read 1408 times)
In addition to the high volatility of cryptocurrencies, you can also consider the numerous scams that you can get involved into. I invested in so many ICOs and now most of them are dead with no further development. That's why it's so important to do an extensive research before investing into any project.
There are two types of dangers involved here. One is the risk of hacking or phishing while other is risk of volatility and losing your money. Especially if you have invested money in shit tokens they are more likely to fail and you will end up with nothing therefore avoid such things.
Dangers inside crypto investing
People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great!”
First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments.
Read : https://paperblockchain.com/what-are-the-dangers-in-cryptocurrency-investing/
There are a lot of dangers inside of cryptocurrency investing such as hacking, money laundering, low price of cryptocurrency and etc. But i don't mind those dangers in investing in cryptocurrency because it normal in crypto to have this kind of risk or dangers, so it will better if we just focus on our investments. People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great!”
First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments.
Read : https://paperblockchain.com/what-are-the-dangers-in-cryptocurrency-investing/
Dangers inside crypto investing
People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great!”
Never put in mind to use a capital in crypto investing or even in all investments that we will enter “Using Loan or Borrowed money because the very moment that the market never stop falling against our expectations what will happen is the interest from The borrowed money will increase and sometimes insignificant growthPeople may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great!”
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First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments.
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Nice article thanks for sharing this really help us find reason for not trusting the investing 100% special in cryptocurrency. Dangers inside crypto investing
People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great!”
First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments.
Read : https://paperblockchain.com/what-are-the-dangers-in-cryptocurrency-investing/
People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great!”
First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments.
Read : https://paperblockchain.com/what-are-the-dangers-in-cryptocurrency-investing/
I do not advise doing this to all my newbie crypto friends, I introduce crypto to them as an opportunity where you can get free money
not the other way around.
Well, the danger is that you might lose your money if the price drops down and you do panic selling. That the most important rule, you just need to know in the crypto world and how it works when you are in investing. Since the value of it is volatile, so it may rise or fall from time to time and you don't need to be afraid of it and just keep on holding until the price increases earn a big profit on it.
~snip~
It actually there is a risk in all kinds of investment and if we think this all the times, it much more affects in our lives and the way we go into trading.
Risk is always there but if you know how to manage it, you can gain a massive profit I guess. I recommend not to invest ICO's they are bullshit to me. Focus on bitcoin and other top 10 altcoins that has potential. It actually there is a risk in all kinds of investment and if we think this all the times, it much more affects in our lives and the way we go into trading.
All I can say is that investing in crypto is very risky. Gone are the days when a lot of money can be made within a few days by trading. This was when it was rosy for the altcoin. A coin can go 10x of the ico price after listing but today reverse is the case. So many projects have not even been able to make the soft cap not to talk of hardcap. many of them do not even make an announcement of how much was made not to talk about listing. if you are lucky to see the coin you invested being listed, the listing price might want you to consider suicide.
Dangers inside crypto investing
People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great!”
First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments.
Read : https://paperblockchain.com/what-are-the-dangers-in-cryptocurrency-investing/
Making money by investing is not an easy job especially when we are dealing or investing in highly volatile cryptocurrency market where prices fluctuates every time so you are on the edge of losing everything.Investing in this market without proper knowledge and skills is a big mistake.You need to do research about the coin in which you want to invest and monitor its growth regularly.Always invest the amount that you are willing to loose and be patient if you want to earn profits.People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great!”
First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments.
Read : https://paperblockchain.com/what-are-the-dangers-in-cryptocurrency-investing/
It actually there is a risk in all kinds of investment and if we think this all the times, it much more affects in our lives and the way we go into trading.
Dangers inside crypto investing
People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great!”
First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments.
Read : https://paperblockchain.com/what-are-the-dangers-in-cryptocurrency-investing/
Making money by investing is not an easy job especially when we are dealing or investing in highly volatile cryptocurrency market where prices fluctuates every time so you are on the edge of losing everything.Investing in this market without proper knowledge and skills is a big mistake.You need to do research about the coin in which you want to invest and monitor its growth regularly.Always invest the amount that you are willing to loose and be patient if you want to earn profits. People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great!”
First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments.
Read : https://paperblockchain.com/what-are-the-dangers-in-cryptocurrency-investing/
If you invest in buying coins and you control your own coins, it will only risk the price that may fall or go up, whereas if you invest in cloud mining or investing coins, but you leave them in the exchange then it will make you have the risk of losing your assets instantly when the website can no longer be opened.
Volatility is one of the major reasons why investing in Bitcoin is risky. We can't predict its price and there will come a time where we'll see like were losing our investment. In cryptocurrency or any other investment, every risk is an opportunity to earn better. However, I don't think to loan just to invest in crypto would be a good idea because the market is always unstable. It's better if we'll use our earnings to invest than borrowing or loaning because we can't predict the future price of Bitcoin.
It is necessary to adapt to the volatility in the cryptocurrency market. After all, you can make money on this, buy cryptocurrency assets at a very low rate, and sell quite expensive. Gain experience in the cryptocurrency market and will be well-developed in the future.
Volatility is one of the major reasons why investing in Bitcoin is risky. We can't predict its price and there will come a time where we'll see like were losing our investment. In cryptocurrency or any other investment, every risk is an opportunity to earn better. However, I don't think to loan just to invest in crypto would be a good idea because the market is always unstable. It's better if we'll use our earnings to invest than borrowing or loaning because we can't predict the future price of Bitcoin.
Investing in cryptocurrency is very risky because the market is very unpredictable and we can't really predict what will be the price thus it is very important that when you invest, only use the money that you can afford to lose. Well, it is true that in cryptocurrency you can profit big depending on what coin you invest to but it also require luck when it cones to the price, sometimes the price is way to low for others that they tend lose faith in crypto. For me, despite it's volatility crypto is one of the investments that is worst the risk and effort.
Not knowing in what you investing in is the highest risk of most of the investors in cryptocurrencies. They simply hear about a project and they start to trow money and after a while they panic sell because they didn't have profits and they are not rich in 2 months.
Another risk would be trowing a big amount if money in ICO's just because you like the project and the name ( I know a lot of cases ) and they loose everything, so invest only what you can afford to loose.
The 3rd risk and not the last would be to invest when the bull run is full progress and for sure you will loose a big proportion of your investments after the run is over and the bear market start to take over so make sure you do researches and study the markets and periods before you invest in anything regarding cryptocurrencies. Also don't put all your hope into altcoins.
Another risk would be trowing a big amount if money in ICO's just because you like the project and the name ( I know a lot of cases ) and they loose everything, so invest only what you can afford to loose.
The 3rd risk and not the last would be to invest when the bull run is full progress and for sure you will loose a big proportion of your investments after the run is over and the bear market start to take over so make sure you do researches and study the markets and periods before you invest in anything regarding cryptocurrencies. Also don't put all your hope into altcoins.
Am i reading this correctly 
. If not with your salary or your savings how you are going to invest in bitcoin . People who invest and make the right decisions will always end up in a profit. To be frank i am kind of speechless about people who are not interested in investing in bitcoin nor trust bitcoin and yet they are active in the bitcoin forum.
I just have a doubt, what do you mean by money that you can lose, if it is not coming from your salary, from where that money comes
.
. If not with your salary or your savings how you are going to invest in bitcoin . People who invest and make the right decisions will always end up in a profit. To be frank i am kind of speechless about people who are not interested in investing in bitcoin nor trust bitcoin and yet they are active in the bitcoin forum.I just have a doubt, what do you mean by money that you can lose, if it is not coming from your salary, from where that money comes
.I apologize for the misunderstanding.
Don't get me wrong, I am interested in Bitcoin, that's why I am here in the first place. I'm just giving the lad a piece of advice. You see if you have a job/work, it's very obvious that you need money to maintain that job/work. And on top of that, you probably have responsibilities (other than yourself), a family per se. So, every time you receive your payment/cut, it is already designated to the necessities and responsibilities. You're lucky to have extra, and that'll probably go to either deposit in the bank or just a flat "savings". That's why I told him to not use the money "he can't lose". Investment is a risk, you should be at least aware of such investment (Bitcoin). No one can guarantee an investment. So, probably his only option is to whether use the deposited money from the bank or the flat savings.
Everything related to the name of investment carries risk and what you face is profit or loss, especially if you invest money from a loan or fully use your income to invest it is riskier, unless you are rich or have lots of money.
I invest from the rest of my budget for the 1 month needs that I get from my salary, and I do it in stages even though it is small but will gradually become large and I use long-term investment methods to avoid worries and so far there are no problems.
I invest from the rest of my budget for the 1 month needs that I get from my salary, and I do it in stages even though it is small but will gradually become large and I use long-term investment methods to avoid worries and so far there are no problems.
I'm kinda speechless right now, tbh.
If you know someone who buys bitcoin with their salary, please stop them, and I hope you won't do the same. If you really want to invest in something, use the money that you can lose. Not your salary 'cause you probably just want to use it in your daily expenses. See you're not even sure if they're rich or not.
Am i reading this correctly If you know someone who buys bitcoin with their salary, please stop them, and I hope you won't do the same. If you really want to invest in something, use the money that you can lose. Not your salary 'cause you probably just want to use it in your daily expenses. See you're not even sure if they're rich or not.
. If not with your salary or your savings how you are going to invest in bitcoin . People who invest and make the right decisions will always end up in a profit. To be frank i am kind of speechless about people who are not interested in investing in bitcoin nor trust bitcoin and yet they are active in the bitcoin forum.I just have a doubt, what do you mean by money that you can lose, if it is not coming from your salary, from where that money comes
. actually, we dont have choice for use our salary, but we must save for daily needed. i know some people buy butcoin with their salary, and now they be rich. it happen when bitcoin price is not like now and its bad idea when you take loan. risk hapoen when you dont know the rule about investation and you can keep your lust or cant be patient. but if you have good project im sure all your effort to keep money will pay out
I'm kinda speechless right now, tbh.
If you know someone who buys bitcoin with their salary, please stop them, and I hope you won't do the same. If you really want to invest in something, use the money that you can lose. Not your salary 'cause you probably just want to use it in your daily expenses. See you're not even sure if they're rich or not.
Taking a loan is really risky, but sometimes if you know what you're doing, it's not a bad option.
Dangers inside crypto investing
People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great!”
First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments.
Read : https://paperblockchain.com/what-are-the-dangers-in-cryptocurrency-investing/
People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great!”
First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments.
Read : https://paperblockchain.com/what-are-the-dangers-in-cryptocurrency-investing/
We can't deny the fact that investing in crypto currency can easily kill all the money on your pocket, but if you invest it can also double up your money and have a stable and better future. You should invest on bitcoin though the volatility of bitcoin has a negative effect but of course it has an advantages.
actually, we dont have choice for use our salary, but we must save for daily needed. i know some people buy butcoin with their salary, and now they be rich. it happen when bitcoin price is not like now and its bad idea when you take loan. risk hapoen when you dont know the rule about investation and you can keep your lust or cant be patient. but if you have good project im sure all your effort to keep money will pay out
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