What are the dangers in investing heavily in cryptocurrency?

[Dria 324]

@Lapulga04 you are right and i just want to add that All the crypto transactions are at risk of hacking and cybertheft. It is easy for a professional to hack your digital wallet and empty your account. In previous years, many big companies and individuals lost their savings due to hacking.

The exchange network platforms are more prone to hacking, and therefore, you need to take care of it if you are investing in cryptocurrencies. Research for options that can keep your wallet safe and protected.

[Lokeloke 576]

9 hours ago, Cleaner said:

Talk tokens are now cheaper, because these tokens are only available on the yobit exchange site, so there are very few users.  When this token is added to all the exchange sites, the number of users will increase, so investment and trading will start with this token and since then its price will increase.  So it is better to keep investing in tokens. And those who are selling these tokens are really unfortunate

It is bad that the talk token only exist on yobit exchange only, I think the admin or the owner of the talk token should make sure the talk token is generally accepted on every exchange so that the number of users can increase, I think that will give more value to the talk token

[Linclon4 541]

Actually cryptocurrency isn't a  stable currency. The price of cryptocurrency could be low at any time. So if you invest heavily and the price down then you could lose everything. That's why don't invest heavily in cryptocurrency. 

[Farsa fat 328]

This is very unpreditctable market and any thing can happen any time this is biggest danger here in this crypto market if you want to invest then surely you have to be some good knowledge and search about project before investment otherwise you can lost your all money and this is surely nonerefundable just becareful about this all and try to invest in good and reputable project

[Faska fas 307]

Take a chance to save some coins of different crypto currency to have a higher chance to have an income. It also lessen the risk of losing too much money because you use partitions of your income in every coin.

[Yad hair 358]

In my opinion a person should not invest heavily in crypto currency because its a big risk. As the cryptocurrencies change their prices from time to time nobody can really say if they are gonna get a profit or not

[Jacky clark 368]

Well bitcoin can go to 0 and all your investments along with it. Is it possible, probably not, but can it happen, Yes it can. Would you like to be in such a state, where everything got to zero, and all your investments too. So why even do that. Just invest a little every month in crypto and wait for the bullrun

[Robert William 590]

There are no riskfree investments anywhere yet investors are among the richest people on earth. That goes to show that there' s no problem with inventing, problems only begin to arise when we failed to invest wisely or allow greed to becloud our minds

[Garion hirao 550]

Yes as somebody as said "Do not put all the eggs in one basket" we have diversify our funds with different available alternatives in Crypto. Make investments according to the prevailing market conditions. Don't Invest heavily if can gain from this or you may lose all of what you have earned

[Wane Rastuar 583]

Every good investor always take start from a very little investment, when he got a good experience than he puts large amount. Then fear of losing is become very less. 

[Idaho Bruk 573]

Not only this market I think every market have a big danger in investing money without any kind of knowledge or skills. Invest needs good knowledge and better skills. You can invest as big as you can buy you should be wise in investing where you are investing.

[Mr.Rayan 2]

Perhaps this may be fraught with risk, my friend, you can buy a lot of currencies, but you must first guarantee these currencies due to their high, price and decline. Perhaps you may suddenly lose half of what you invested in, so be careful when investing heavily.

[i_shoaib13 26]

There is not much of dangers in investing in cryptocurrency. The only demerit can be if the prices of your cryptocurrency goes down. 

You can see for market trends before trading cryptocurrency. There can be no heavy loss in that case. Stay calm. 

[Sandra k 6]

There are many dangerous most that anyone can make in the world domain is the price drop in Bitcoin if he invest time when it's get hello then will be a loss and it big time to regain its value. The major problem is from scammers on this platform tries to take your wallet and empty it.

[Salba 41]

If we start biggest investment and not earn the profit of such type which we want than we face bigger loss and lose our hope . so we should always take start from the smallest investment 

[Irum shahzadi 296]

Firstly I will suggest you be careful when you are choosing the trading site always choose the trustable and more secured site for trading. Second thing which I want to say always start with Small amount of money when you become a experience person you can invest Large amount.

[Jhujhu 62]

If you work online you must work at risk because investing online means you must be at risk so I think away from risk you can invest where you have protection.  And if you work here, you have to work with compassion, then you can earn money.

[Naha62 752]

I think when we invest we should do it with less money because sometimes we get sick so we don't have to risk losing more money so we should invest less money.  Money can be invested in a case if we believe in the site we are investing in and he or she has learned from our idea that it is beyond our amount then we can invest in it.

[Tolani 174]

No,  it's not okay to invest heavily in cryptocurrencies especially when you are still new to it,  because a single mistake can make you lose your capital which you might have avoided have you learned and invest little while you are leaning it slowly. 

[teebasas 3018]

If you make the bigger invest in the cryptocurrency , there will be bigger risks of losing the funds if the price start to drop down to find support lever under your investments rates. If you are not sure about the market conditions, try to do active day trading.

[Goyaa 2414]

On 1/14/2020 at 5:36 AM, tienda said:

What are the dangers in investing heavily in cryptocurrency? When you invest heavily in cryptocurrency you are growing the risk to loss a big volume, so the best option is investing just a part of volume.

The bigger the investment in a coin, I think the risk will be greater, to minimize this risk, invest some of your money and choose coins that have high price fluctuations such as Bitcoin, Ethereum and Litecoin. Don't invest in new coins because new coins carry a higher risk and there is a possibility of losing their value.

[RoyalHouse01 9]

the cryptocurrency is one of the best places to make the investments but the main issue of it is that you can lose your money in it and that is why you should be careful with your investments.

[Alexander002 91]

There is a risk of investing more in cryptocurrency. Because there are many hackers, the money is a little insecure for them.And the cryptocurrency market fluctuates. If you invest more money then its market goes down.Then you will be a big loss. If you can market again, you will have a lot of profit.

[Mir Hamza 2888]

If you invest all your cryptocurrencies in one coin, then it will prove very harmful for you. You should not invest in cryptocurrency in your entire payment, but you want the same amount of money in cryptocurrency as you want to get trade. You should not invest all your money because it can happen that whenever you are harmed, then you cannot even be called. 

[james653 981]

When investing in cryptocurrencies, we must be wary of fake currencies and scams.  In order to earn money through investment, we must have a good knowledge of cryptography.  Older members should be consulted to avoid running into risks and losing our money.  I advise you to take some of your time to read and increase your knowledge.  I wish you success