What are some risks of trading cryptocurrencies?

[rafatu 26]

the risk related to crypto trading is the volatility nature of the cryptocurrency market

[Esau 52]

 

 The risks are always in any type of investment. Study and experience is what reduces these risks. It is something that will always be latent. we simply must be prepared for it. And risk amounts that we are willing to lose. Investments under pressure are not recommended in the exchange.

[isther69 521]

Cryptocurrency is part of a virtual market that changes from time to time, so if you invest a lot of money and the market falls, you will lose a lot of money and remain bankrupt until the market rises or costs stabilize.

[rnaire 62]

Well, cryptocurrency is decentralized and that decentralization, although it has its advantage, also its disadvantage, which represents a risk in the sense that if a fraud occurs, you do not have an organism that supports you

[ahmedabdelhamed 3]

i see that the crypto currency the best investement in the futur

[AlexisMiner 94]

Exactly the same risks as when trading classic assets, only the amount of risk itself is different. Cryptocurrency has a much higher risk value, but the value of the corresponding profit is also much higher than that of classic assets.

 

Cryptocurrencies have one difficulty, so many move in the same direction as BTC, so it is difficult to create a truly diversified portfolio.

[Mouhadheb 196]

Speaking of my experience, the most dangerous thing that caused me to lose all my money was the leverage. In fact, it carries a high degree of risk for those who are not good at using it, and in most cases it is against you because your profit using this tool is a loss for the platform.

[Osmmoh 11]

They are susceptible to error and hacking: as a digital currency, cryptocurrencies are susceptible to technical glitches, human error or hacking. They can be affected by forks or discontinuation: cryptocurrency trading carries additional risks such as hard forks or discontinuation

[Chrenova 182]

I believe that there is not only the risk in trading cryptocurrencies, also trading in the stock market has its risk, and also any investment has it. Digital currencies indeed request to be very volatile always, especially altcoins. It also has its risk to share our data in many places, some platforms with a domain that are not the real ones and we do KYC verifications can be disastrous for our reputation, and without a doubt, the biggest risk of all are scammers, who are always pending of our movements to get our money through illegal maneuvers. We have to take care of each other and create a healthy comm

[daveontario07 92]

The risks of trading cryptocurrencies are mainly related to the volatility of the cryptocurrency market,

or second main risk is be alert  from scammers who increase there coin prices by themself which attracts you to buy that coin and they sold you at high prices and then they will exploit the prices of that coin which results to loss of your money.

[Matias Conforti 89]

Losing, and much or all your capital, that is the main risk, apart from the fact that you take time from your family and friends for doing it, another question is that it is almost addictive!

[Radhika332 106]

3 hours ago, Fabián Sevillano said:

The risks of trading cryptocurrencies are mainly related to the volatility of the cryptocurrency market, which represents a high risk, it is important that we understand the risks before starting an investment in cryptocurrencies. All financial assets carry high risk, whether through the use of leverage, susceptibility to cyber attacks and errors, unethical trading techniques, or target market volatility.

Agreed. And besides that the big whales also play their movement by spreading some panic news related to cryptocurrency. Because of this movement the trend of the market showing unpredictable movement. This is how small investors loss their portfolio. To counter this movement taken by the big players , some signal providers channels are there. Because of this all small investors comes in to the market and easily book profit. And one thing is that we should always dealing with decentralised platform for trading. It will be safe .

[AlejandroZD 16]

All type of investments are risky if we do not have enough education. Also, cryptocurrencies tend to be very volatile. I would recomment to everybody to study technical and fundamental analysis first and then operate with little amounts of money.

[DunnoRND 55]

the most amazing thing about crypto is that it follows same rules as traditional trading like forex, so you can learn trading without too much of a capital

[Katant 27]

Losing due to falling bitcoin

[Yosneiber Lopez 79]

Operar en criptomonedas siempre existe un riesgo porque todo se basa en la compra y venta de la moneda. Estudiar un poco sobre el comercio disminuiría el riesgo, pero no es seguro que gane.

[Cryptpanda 153]

There are many risks regarding trading. When you are not absolutely clear regarding crypto than don’t trade at all. Trading needs 80% of accurate knowledge 

[yulitzaseijas 32]

I think that some risks of trading cryptocurrencies are realated to the hacking of them, this is a serious risk, since there is no way to retrieve your lost or stolen bitcoins. Besides, cryptocurrencies are vulnerable to technical glitches, pricing variations,etc. I thinks that budding traders and low capital investors are affected by trading fee... and some coins are not stable even though it has more potential.

[singlajatin65 26]

if you want to invest in cryptocurrencies than you to know every thing about it and where are you investing your money so there will be no risk if you invest properly.

[JorgeOvalle111 222]

The main risk is to operate without a strategy and not having a correct trading plan, and managing risk management very well. Do not invest more than you are willing to lose.

[Red-Jones 1150]

2 hours ago, Chief executive officer band said:

In attendance are scores of risks in the humankind of cryptocurrencies that may perhaps be defrauding us, but if we execute not run the risk of and participate in these cryptocurrencies, we cannot earn a fate of money, accordingly expose is the foundation of sensation.

 

the risks are as follows:

1 - you can buy an altcoin that had a pump in the price and then it will dump and you will lose money

2 - you can trade in an exchange and then the exchange runs away with your money and you will lose money

[Just_Lucky 55]

Every trading have some risks in it but you are right the main difference in crypto is high volatility but it is working both ways so you as well can lose some assets in short time as well as making a lot of profit in short time. This is a risk we have to take.

[Bloodyworld 133]

Come on, everything is risky,especially when it is related to the money. Sometimes even going outside can be risky. The more important question is: are those risks legitimate. Cryptocurrency is popular because it is high profitable but still high risky assets. Frankly speaking, crypto can't be named as the safest investment ever, but who cares about safety when it can give you 100x to your deposit tomorrow morning?

[nishad1234 20]

4 hours ago, Fabián Sevillano said:

The risks of trading cryptocurrencies are mainly related to the volatility of the cryptocurrency market, which represents a high risk, it is important that we understand the risks before starting an investment in cryptocurrencies. All financial assets carry high risk, whether through the use of leverage, susceptibility to cyber attacks and errors, unethical trading techniques, or target market volatility.

The risks of trading cryptocurrencies are mainly related to its volatility. They are high-risk and speculative, and it is important that you understand the risks before you start trading. They are super volatile unexpected changes in market sentiment can lead to sharp and sudden moves in price as a result you might lose significant amount of money.

[filip_tuka 37]

The biggest risk of cryptocurrency trading is to have not knowledge. Some other risk is to have not control over your emotions. If both of that 2 things are fine, then that risk is normal. If you do not risk in your life, than you don't live your life.