What are the dangers in investing heavily in cryptocurrency?

[Stiffen white 827]

Friend it good you want to invest. But a theory about investment always remained in you mind . Don't make invest in one project. It good to use diversification which is suitable for you and would reduce you risk. With this you can manage you risk and loss and can earnprofit. So learn about investment and use cryptocurrency for investment every successful thing is full of risk it you calk you want to accapt and reject.

[pacific 2268]

There might be a potential risk in investing on cryptocurrencies. The risk may involve the downfall of the crypto assets that you had invested earlier. There's no guarantee that the specific coin you invested will give you profit, and it might bear a significant loss. So, it's better to diversify your capital into different assets, which will significantly reduces the risks involved.

[John Pernia 0]

Working with cryptocurrencies carries risk, we just have to be cautious of where we invest and not fall for offers that offer very high returns in a short time.

[Obliv0n 333]

As in any asset, there is certain security when buying or investing, however we are talking about cryptocurrencies, a market where volatility is something natural and that many do not understand, the only way to play it safe is by investigating and opting for totally safe projects.

[Abrar1122 10]

there is only one danger in investing in cryptocurrency and that danger is off losing your investment and your money there is no other issue with that

[Johnii 256]

Yes you can invest heavily in crypto but it is a great risk because if you invest it in wrong side you will face a huge loss and if you will invest it in a right side you will get a huge profit.

[Fatima Alre 766]

First off, that's an extremely horrid idea. The volatility of cryptocurrencies can slaughter you and exponentially reduce your investments. You can basically lose all your money if you don't know what you're doing. Please don't fall into the trap thinking this is a "get rich quick scheme". It took years for early investors in Bitcoin to gain huge rewards, increasing from a few pennies to where it is now. Prices crash once you've bought into it. using all your life savings can be highly risky, especially if you do not have the prerequisite knowledge on the technology and the coins. Be informed. Ask the right people. you should be patient and wise to acquire the right knowledge before investing. This would significantly reduce your risk

[chiroma1 216]

The dangers of investing in cryptocurrency is that you may end up losing a very large portion of your capital or you may even end up being scammed if you invest in a fake site.

[Nonahassan 915]

It is very dangerous. You can lose all your money very easily, and you will lose all your money if the market is subjected to a big drop, and this is very bad in the market. Either you lose a lot in trading and I hope for compensation

[Maham123 292]

Yes dear on yobit wallet its secure to invest what you want to invest whether you invest BTC or LTC. And i honestly recommend you to invest maximum BTC in InvestBox on Yobit. 

[Obliv0n 333]

On 2/24/2021 at 11:09 AM, Afroja14 said:

Dear friends @Obliv0nwe can't just rely on crypto. Because the cryptocurrency is facing a lot of problems like security, acceptance of the government, illegal use, etc. So we should wait until it is properly established in the market. If you invest a huge amount in crypto now no one can guarantee you that you are safe because any project can be crashed. So you should invest the amount of money you can carry. Thank you 

The problems or difficulties related to cryptocurrencies depend on the country where they want to be managed, in my case, the government is pro bitcoin and the regulations promote the use of cryptocurrencies, no taxes are paid and banks want to integrate, in the case of the security, I've never had a problem with my cryptocurrencies ....

[Wael154 1134]

There are many risks, such as the scandal that you want to invest in, then you must be at a loss. So you should invest in a good coin. Whose future is much better. From where you can earn something good. And those scam-related coins should not be invested at all. It can cause a great deal of damage to you.

[khan22 3478]

Danger investment is that in the market when we invest huge amount in any fake coin and that coin down instantly and we loss our all money that is the danger thing in the market and it is not good for the newbie becasue the newbie will never invest again in the market after the loss.

[Dissy sb 945]

There are many dangerous aspects when you go for the investment without proper knowledge you cannot survive in the investment and in the trading on the cryptocurrency so this is very important for you to get the proper knowledge and you can get this knowledge to read the comments and post of the other member

[ZAIN13 237]

There are a lot of risks in investing in crypto,
The most important risk is the decrease in the price of the currency in which you invested,
And also, the currency that must be bought must be studied in order for it to be a good currency and to achieve a good return over time.

[kion 381]

Well, investing heavily in a cryptocurrecy project is actually not advisable, because it can crash at anytime, and sometimes, it can reduce in price that will take much longer time to recover, so, as experienced investors use to say, it advisable to invest an amount that you don't mind to lose and do not out all your capital into one investment.

[chris smith 950]

No one can give you a real answer because if you win your earnings will be huge but at the same time if you lose you will do not have anything to invest again so try to use half the amount that you have or less.

[Ysha5 763]

An important topic, dear, no, it is not safe to put all the money and profits in one section, such as investment. You may encounter some problems that lead to losing these money. You have to visit and know all branches.

[Samer1997 715]

Yes, of course, there are a lot of dangers that you may face. You must first gather a lot of information and get enough experience to protect you from making many mistakes, or consult experts before doing any trading

[HadiLord 926]

It is preferable in investing in cryptocurrencies not to keep one currency, but rather to enter more than one currency because the rises are successive and may be different, so as to ensure that the loss of one currency is compensated for the profit of another currency

[Dadouasaad123 902]

Of course, you should not invest all your money in one cryptocurrency, you must divide the investment into several cryptocurrencies, because if you only invest in a currency and its value has decreased, you will lose all your money, while in several currencies you can lose money and earn money, so it is  Best .

[Yellow320 206]

Investing is dangerous and safe at the same time, this depends on the information and experience that you have. First, you should study the cryptocurrency market completely, then start investing with small amounts, finally, you can invest heavily. This technique helps you to avoid the risky side of investing.

[Moudr 513]

We have to make sure before starting any investment that we studied this investment with every possibility of loss and avoid these possibilities and started our investments with an amount that I can bear losing without risking large sums.

[maarcoferrer 1096]

The danger is that you do it with unknown people and without having any knowledge before starting to invest, because honestly many people in this Digital age will want to take advantage of people who do not have knowledge so that they benefit, it is important that we know that all things that we have to do go hand in hand with people we trust and with advance information.

Edited March 18, 2021 by maarcoferrer

[Darth 369]

On 1/14/2020 at 2:12 AM, kingsbtc said:

Is it safe to invest heavily in the world of crypto currency are there any danger we should expect from it.

What is your opinion?

yes there are some dangerous areas, when you are not working properly. And giving a loop hole to others for thier use.

I am taking about, using a strong privacy.

If you are not willing to do this. Then there are many things which can happene with you anytime in crypto currency world.

So, my friend your first priority is to be protective in all measures.

 

And in investment of small to huge amounts on crypto, Use and learn and take guidance about the real legit site. Then use it.