What are some risks of trading cryptocurrencies?

[Moon87 798]

Yes, my friend, all that I have mentioned can happen to face these risks. You must do some things, for example, move away from emotion while trading and be patient because the profit may be a little long. Thank you.

[Hadelo 338]

Yes, my friend, there are many risks that we can face while trading cryptocurrencies, but you must know what all the risks that could expose you to losing money

[Saleena micky 685]

If you have experience and knowledge in the crypto field then it is easy for you to determine whether the price of a certain coin is going to increase or decrease. I have seen people investing and predicting the market quite rightly.

[Nooga 405]

My friend that cryptocurrencies such as Litecoin and Bitcoin as well as Ethereum are decentralized currencies whose price is controlled by supply and demand, so we cannot know any fixed price for them and we cannot predict them

[Malik jnb 704]

On 10/8/2020 at 7:29 PM, 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.

In my opinion trading is a risky. We always have know about risk before starting the trading or investing. If you have not knowledge about crypto currency and haven't experience you lose your all money. 

[Ghadrov 0]

It is important to know everything about the cryptocurrency before starting to trade or invest it because it is not a gamble that depends on luck as some see it, so you have to know the fluctuations of the market and choose a suitable currency to invest and choose the right time to buy or sell the currency, so we must gain knowledge first, so as not to We are losing money

[Huhh1440 712]

The first risk is the irrational risk taking on a reality without careful attention, caution and full study
And the fraudulent sellers who provide the big sales
Other than that the appropriate time to spend at which the encoder should be at its highest value

[Zackadam 0]

Yes you are definitely right dear mate. Actually there are so many risks in trading currencies so we need to be very care full about that other wise there is a good chance to lose our cash and time . So when you are investing study about it clearly and invest.

[NaveedAhmad786 842]

Dear that is good to trade but you are not know about it then you lose the money. If this amount is not bear to lose that is not a good. Many people want to earn from the cryptocurrency trading but they have no knowledge.

[Ali992 6]

Of course, there are risks to coins Krito because it can not be fully expected in this area and there is no full stability and to avoid these risks must obtain adequate and absurdity and positive

[Alaa18495 581]

I believe that the biggest risk is a decrease in trading prices, as this may expose us to great losses, and to avoid this, we must carefully study currencies before starting any investment project.

[Success06 537]

The variance of cryptocurrencies is the primary source of risk when selling them. 

They are high-risk and speculative, and you should be aware of the risks before you begin trading. They are volatile: unanticipated shifts in market sentiment can result in price swings that are both sharp and abrupt.

[Rizwan Niaz 164]

The worst risk of operating with crypto-currencies is to lose everything you have invested due to inexperience. When we are inexperienced in an area, we run the risk of losing everything, that is why, before doing something, we must seek advice. 

 

 

[Reen 1120]

Actually,the biggest risk of trading cryptocurrence is that we can lose money in the process if we are not carefulis. To avoid that you should first study the market and graphics and you require at least knowledge of technical analysis and fundamental analysis. Overall, Don't be scared, be confindent and don't surrender. In order to trade correctly you must train well and know feasible and effective strategies.

[Zulqar1122 98]

The first and very beginning risk in cryptocurrency trading to convince her or himself that we can lost her or his money which he is investing in trading .

[Rose5 916]

Yes dear here is risky work and we are not know about future rate but we should to get knowledge and experience of our currency . And some time we get lose and we should to trade and investment with patience and we should to keep power for losing.

[Rituu 224]

Trading of crypto currency contains always high risk because it is totally related with the crypto market where every seconds the price may be changed. So be alert and keep your eyes open whenever you want to do complete any trading . For trading you must have good knowledge about the market and price up down

[Alison123 28]

Trading cryptocurrencies is actually very risky so we need to be careful to avoid our risks and we need to be patient and not rush.

[Noorh69 360]

It is necessary to invest in the amount that we bear to lose. Trading is risky. The trader must be vigilant in anticipation of any rise or fall in the currency. Finally, if you do not risk, you will not become a successful person

[lanaahmad 338]

Yeah,l think you're right.there arer isks in using these coins, so its very easy to creat a new coin lt opens the door to crooks and thieves in addition, you may get some losses,especially because of its volatiliy,which leads to alack of self_confidence and lack of faith in yourself lts a real risk

Edited March 23, 2021 by lanaahmad

[Raauf QK 1013]

In my opinion 

Lack of knowledge in crypto currencies and their trading is one of the biggest risks facing beginners 

Because a lack of knowledge will lead to a huge loss of money and making quick decisions without thinking about the consequences, my advice is not to enter that field if you do not have enough knowledge to qualify you to enter the field of crypto trading .

[mohammedal-hasan 213]

Every business or investment has its risks and flaws, and just as there are difficulties and risks in real investment, there is the same thing in investing in cryptocurrencies, but the difference is in the nature of risk, but investing in cryptocurrencies has become more dangerous as a result of technological development and methods of fraud and penetration.

[Marsel2000 704]

You are right my friend, every trader must be in the possibility of losing his money sometimes because the trader does not win all the time, but the possibility of losing in some things, and when you start to invest, you must study the currency through research in order to predict what will happen to him in days Coming

[isbella 267]

hello dear we know that the cryptocurrency is volatile so i suggest you invest only that amount which you bear to lose and definitely the investment on cryptocurrency is risky so make sure before investing you should have prope knowledge and information about this

[Wael154 1134]

The truth is, if there are risks in cryptocurrencies, since it is a very volatile market, with that I mean that one day a cryptocurrency can value a lot and another can go too low to what you invested, so it is good to invest in cryptocurrencies that are up to date. rise or remain stable in the market, with them you can generate large profits.