Topic: What are the Real Risks of Crypto? - page 19. (Read 22086 times)
I see the real risk in crypto currency is that when do in investment or trading it is hard to know if your investment or trading will be successful anytime but if you have to keep on researching and keep all the advices of all the people who are more on experience i think everything will be okey.
There are a lot of risks, but usually there where there are big risks and big profits. so I think that you need to take risks, but not all the money, of course.
The real risk is when the investor isn't aware of what he's doing.
He just buy coin as he wishes and that's making him look like ignorant at all. Why he looks like that? because after buying when the coin he bought starts to plummet, you'll only bad words from him and regrets that he bought that coin. Knowing what and where to invest is a real risk for crypto investors.
He just buy coin as he wishes and that's making him look like ignorant at all. Why he looks like that? because after buying when the coin he bought starts to plummet, you'll only bad words from him and regrets that he bought that coin. Knowing what and where to invest is a real risk for crypto investors.
Lack of education, that can be extremely difficult because even in my own religion scripture it's clearly stated that "my people perish because they lack wisdom. I believe this is also having important wrote in Cryptocurrency because most mistakes comes from self made or I call it personal error. Being learned doesn't mean you are wise but it gives you fast sense of understanding and you can also understand others opinion. Though there are series of projects which is Scam and if not care is taken regardless of being learned or not can still fall for it. You just have to be extremely careful.
The risk in Crypto is when an investor did not secure his wallet very he stands to loose all his funds, Crypto is still have volatile, prices changes have fast, if not properly monitored you can loose your fund in a short period.
Investors are at risk in cryptography at the moment, I don’t see any risks anymore, I think that everything will not be so difficult in the future and people will actually create their own projects, they will be appreciated and immediately bought on the exchanges with their own money or directly to the project, but it’s still a long time to wait
It's the reality. Crypto, as many people said, is very risky. If you only think that crypto gives you the big profits without risks, you are absolutely wrong. Crypto has many risks that can make you lose your money and investment. Such as scams, failed ICO, dead coins, dropped prices, and also unstable market that will elad everyone to lose the money. But, why many people are still here? Because we believe, because we can take the chance of this crypto characteristic to turn into profits. As long as we make the smart and right decision and strategy, we can utilize the opportunity in the market. As what everyone does on the investment.
I believe that there is always a risk in any investment particularly in cryptocurrencies since there are scam ICO's in the crypto market that are uncontrollable on the side of the forum's admin. I think the most important thing to do atleast to minimize any risk is to gain more knowledge and understanding about cryptocurrency. Research and study the ICO or the existing altcoin you wish to invest. Analyze properly the market trend before you proceed with your investment.
Of course everything depends on the user. All risks for safety are born on himself by the user - and has to be. Nobody will undertake them. At the choice of the project you have to rely only on the knowledge. Analyzing independently the project behind the project, you lower risks for yourself to get on swindlers or to be deceived.
For me, I consider it a risk in cryptocurrency if it involves luring people to something that is not true and end up losing their investments. This is what happened to me just recently. I have invested in an ICO the previous year, the. Now, I am being exit scammed at. Yes, it is true that cryptocurrency will make you rich but come to think of it, because of anonymity, ceo can just bail out whenever they want--without a track.
What do you guys think are the real risks of cryptocurrencies and are there any ways of overcoming them? I've attached a good article below that covers a lot of the solutions to what people consider problematic at the moment, and it essentially says most of the risks are down to the user and not the technology (i.e. lack of education). Am interested to hear your opinions.
The interesting article: https://medium.com/@DDhopn/what-are-the-risks-of-buying-crypto-ff1c991a6c83
P.S. I am heavily involved in crypto, just keeping an open mind
The interesting article: https://medium.com/@DDhopn/what-are-the-risks-of-buying-crypto-ff1c991a6c83
P.S. I am heavily involved in crypto, just keeping an open mind
There are really tons of risks. It only depends on the person on how you would see it, lean on the benefits or the cons. If which side are you more inclined then your bias must be there no matter what. So the first should be proper mindsetting and then follow the other discourse that can have effects on your disposition in this space.
I agree that those risk brought a bad sides to crypto ever since the current problems occurs. However, the moments we been experiencing still part of the growing development of crypto. So the risk will always be there, and without facing it you won't be able to have the potential profits that you wanted.
The only serious risk may be a thoughtless decision to invest all the money in one coin without diversification or to invest in trading without a certain approach 
Big risks in cryptocurrency it is an opportunity to lose all the investments. Who does not risk that does not live richly.
The biggest risk is probably that cryptocurrency can die. Then it will be a failure for everyone, even for those who are well versed in this field and always make their investments wisely. But as we all understand cryptocurrency will not be able to die, so we have to be smart enough to minimize the risks.
The risk in cryptography is that they are hard to control, but we should be careful, and especially to prevent hackers from attacking our wallets, using meta-mas or 2FA security accounts such as authery. .... that would be safer for us.
as i know crypto with blockchain tech is an experimental project
so, there is a lot of risk in crypto my friend
such as,, if the experimen failed, crypto will have no value in the future,,
but, 100% i believe crypto will be success
so, there is a lot of risk in crypto my friend
such as,, if the experimen failed, crypto will have no value in the future,,
but, 100% i believe crypto will be success
The inherent risks in crypto are there for all to see. The fact that it's make or mar. It could make you rich and equally leave you badly impoverished than ever. Loss of private keys which can result in loss of funds and then hack of one's wallet
How about normal phenomena? it is one risk of crypto when something unexpected happens and it affected the area and destroyed the entire of having no internet connection then that's one risk right? We can't use crypto's offline and when there are events like that what do you think is the best solution?
I agree with you. The main risks fall on the user of cryptocurrency. His safety depends entirely on himself. But one of the risks of crypto is possible regulation. After all, already now there is an active adoption of laws on it and soon there will be only more of them. If the state begins to interfere in crypto and introduce some prohibitions, then perhaps this will have a bad impact on the crypto-currency market.
What do you guys think are the real risks of cryptocurrencies and are there any ways of overcoming them? I've attached a good article below that covers a lot of the solutions to what people consider problematic at the moment, and it essentially says most of the risks are down to the user and not the technology (i.e. lack of education). Am interested to hear your opinions.
The interesting article: https://medium.com/@DDhopn/what-are-the-risks-of-buying-crypto-ff1c991a6c83
P.S. I am heavily involved in crypto, just keeping an open mind
The interesting article: https://medium.com/@DDhopn/what-are-the-risks-of-buying-crypto-ff1c991a6c83
P.S. I am heavily involved in crypto, just keeping an open mind
There are really tons of risks. It only depends on the person on how you would see it, lean on the benefits or the cons. If which side are you more inclined then your bias must be there no matter what. So the first should be proper mindsetting and then follow the other discourse that can have effects on your disposition in this space.
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