What are the Real Risks of Crypto? - page 9.

playboy654

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Quote from: Huntler1993 on January 21, 2019, 04:12:11 PM

I will always side with you on this very issue since the technology is static but the user is not. Dynamism in the user might be a factor to bring about many risk on board. There I think users should try as much as possible to learn more about crypto to do away with some these risks.

The biggest risk involved in cryptocurrency is there is no guarantee for your investment at any time it is because of the blockchain system is made up like that there is no owner and there is no labour for that it is a good and bad thing also.

Huntler1993

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I will always side with you on this very issue since the technology is static but the user is not. Dynamism in the user might be a factor to bring about many risk on board. There I think users should try as much as possible to learn more about crypto to do away with some these risks.

5thFear

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I think scams are the biggest risks in the crypto industry. If a person do some investment and it turns out to be a scam, not only that the guy looses money but he also looses trust in crypto and with that he along with his newly joined crypto friends will leave this industry.

Johnzky

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The only risk in crypto is when time comes that all of our nightmares will happen,and that is when this profiteering turns as a scammings

In have been here for years and i had adopted the whole system but I don’t know what in the back of my mind theres always a doubt about the truthfulness of crypto or maybe i am just being afraid for this has no physical assurances

various

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Not only the user's lack of knowledge, but also the security vulnerabilities of crypto coins can be a risk. First of all, security is a must, and confidence in crypto coins is reduced if security is not provided.

vova.andreyan.94

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There are a lot of cryptocurrency risks, but it still seems to me that they are all surmountable, even though it will take time and maybe not a little!

moynul2050

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the most obvious risk is the loss of the trade that you do or lose the assets that you store in your Wallet.
of some of the risks that some people including me have experienced some of these risks.
I have also lost the assets that I have and losses from the trade that I did.

Xising

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Quote from: tenebriscaelum on November 01, 2018, 05:05:33 PM

It will always be the user and not the technology. The lack of knowledge and understanding is really what drives the risks in any kind of industry. Let us have an anology: for instance you would want to learn how to drive a motorbike the risk of being in an accident is not to be blamed to the bike but rather your knowledge and experience on how to drive it.

I agree. I mean, many people think that since the cryptocurrency market is inclined with the use of technology, that it's easy to master, and that losses can be kept at a minimum. But, that is a great misconception that cost people so much, since they are not really giving much thought on the actions and ventures they do in the market. This market, I can say, is a silent killer, wherein it does follow that when you're tech savvy that you would immediately have the upper hand ensure success in the market. The thing about the market is that it can really turn at any moment, and the investments one made can also go down south in an instant, so if you won't make it a point to be alert and equip yourself with the knowledge and weapons you need, you would sure experience loss after loss.

sakuragi21

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There are so many risk here in cryptocurrency the first one is for the investors because they dont know if there investment will succeed.also for bounty hunters because they work hard and then once the bounty campaign didn't succeed they won't be payed. but the real risk for cryptocurrency is the dumped of the price of altcoins and btc.

Script3d

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Crypto is a double edged sword in investing world, it offers high profit and high risk, you can be millionaire in a few years or less than, or your investment can go red in just a few days, because crypto is volatile it's have a greater risk than investing on stock market.

ecnalubma

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www.Artemis.co

In every investment there’s always risk but cryptocurrency is different due to a lot of things are need to be consider and understand. Unlike traditional stocks and businesses, people involved in crypto should know what they’re doing or they should self educate themselves about the risk.

lifesgood10

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for me, the biggest risk in crypto currency is the risk of been bankrupt in a short period of time, like 10 minutes.
Crypto currency trading is a bigger risk but a wise investment if you can learn, and know how to do the right and proper things around the space
because in crypto currency, you can't follow speculation, but you must dyor always

jackflag

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Glad to see you

Quote from: Muzika on January 21, 2019, 12:10:33 AM

The risk are scattered everywhere when people wants to invest to crypto, like the risk of scam coin, the risk of dropping the price and no chance to recover anymore and other says that the security of your coin is at risk. The word risk in crypto is too broad to elaborate but these are the basic risk that people can encounter.

But all the same now there is much less risk than in 2018. When I bought Bitcoin for 10,000 dollars. I buy Bitcoin now too. And the price is satisfied.

VanDeinsberg12

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Quote from: Lexurdania on January 20, 2019, 08:37:37 PM

I think the real risk investing in cryptocurrency is regulation. If cryptocurrency market regulated by government, i am believe this market can growing more bigger. Regulation needed for investor trust and i am believe it will give big effect to market

Regulation is not including on the risk that you will get in the crypto. volatility and scammer should become the main problems in here. Look at how many scumbags are using the name of crypto to steal the funds.

Muzika

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The risk are scattered everywhere when people wants to invest to crypto, like the risk of scam coin, the risk of dropping the price and no chance to recover anymore and other says that the security of your coin is at risk. The word risk in crypto is too broad to elaborate but these are the basic risk that people can encounter.

eaLiTy

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Have Fun )@@( Stay Safe

Quote from: SportbetMaster on January 05, 2019, 05:34:58 PM

there is no risk using crypto money as long as you don't convert all your life saving in to virtual money, must take this world as gambling, nothing is guaranted.

There are many risks involved when it comes to cryptocurrency, keeping your coins safe and secure is a big task and some silly mistakes can cost your entire wallet to be drained out without your knowledge and the volatility and selecting which coin to invest are all big risks as you never know what the future holds for majority of the coins, the top few coins will sustain a longer period, i would not take risk and invest into anything else other than bitcoin.

Quote from: rodney0404 on January 20, 2019, 10:28:26 PM

For me, the real risk of Crypto as a translator is the projects that did not pay or reward us, translation is a tough job especially if you're working in a ton of documents. We, translators are risking time and effort in an unknown reward.

Just look out for fake projects and scammers and you will get plenty of them here.

rodney0404

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Activity: 420

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For me, the real risk of Crypto as a translator is the projects that did not pay or reward us, translation is a tough job especially if you're working in a ton of documents. We, translators are risking time and effort in an unknown reward.

Caladonian

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Quote from: Aragorn_125 on January 20, 2019, 09:57:24 PM

Quote from: coinbirds on January 20, 2019, 07:49:00 PM

I also think that lack of understanding the new technology is a big problem and the security issues which it brings.
Many people jump into crypto without any knowledge and getting disappointed when they are hacked or scammed.
That all could be prevented by some learning and protection.

Naivety, laziness and greed are the main enemies of a novice investor, any sane person will first study everything and only then begin to invest, understanding the whole risk

It is important to know everything first before you jumped in and place your money, lack of knowledge and not being bothered to look from both side of this industry always place investors at risk, needs to take time learning everything first and what is the reason to believe not just because someone said so, but witnessing the reality and focusing in such advantage will lead you to lesser stress investment.

People who knows how to deal properly with any market situations are people who invest wisely, they can always be calm whatever movements or trend is ongoing around, as they knew or anticipate that things needs to happen but the end result will still give them positive outcome.

Aragorn_125

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MenaPay - Crypto made easier than cash

Quote from: coinbirds on January 20, 2019, 07:49:00 PM

I also think that lack of understanding the new technology is a big problem and the security issues which it brings.
Many people jump into crypto without any knowledge and getting disappointed when they are hacked or scammed.
That all could be prevented by some learning and protection.

Naivety, laziness and greed are the main enemies of a novice investor, any sane person will first study everything and only then begin to invest, understanding the whole risk

Lexurdania

member

Activity: 840

Merit: 10

I think the real risk investing in cryptocurrency is regulation. If cryptocurrency market regulated by government, i am believe this market can growing more bigger. Regulation needed for investor trust and i am believe it will give big effect to market

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