What are the dangers in investing heavily in cryptocurrency?

[DanielMcRon 598]

If you have a complex password, write down the address on a piece of paper or disk, or better buy a physical wallet. Have a separate device and do not go to left sites, but only to verified ones. That security will be maximum, I do not think that they will be able to steal your assets. Those who have farms keep millions of $ in their accounts, so everything is safe if the above rules are followed.

[Gluttony 1775]

There is no danger actually when you invest. The assets that you have been used will stay there; it will only matter on the type of institution you have put your assets with. The only threat that you may encounter when you are going through an investment is the scam or fraudulent acts made by other users also which is taking advantage of the users who they know that are not that knowledgeable yet. It appears to crypto currency that, if you are knowledgeable enough you are almost invincible to any threats that could jump into since you know and could actually foresee the events of a certain scenario.

[yato987 2811]

it is safe when we have knowledge about how we invest and the currency we investing on but still anyway if we want to work just on investing , it is better to not do that just with one currency to avoid huge loses in case anything happened , and also to not miss chances id a currency price increased  , so using different currencies will give better profits and less loses

[decemberends 1881]

i mean it can be safe but never ever put your saving onto one place only as like investing its more better if things are divided as you can manage your profits better.

[Joli7 25]

It is well known that cryptocurrencies have a secure system of creation and operation, the most important danger of investing a lot in cryptocurrencies is that, by investing a lot of money in them, you can earn a lot of money or you can lose everything due to a bad transaction.

[guatazoo 7150]

Investing heavily in cryptocurrencies is not that dangerous, but it must involve positive or negative impacts, but the dangerous that can happened is when the platform shut down suddenly. 

[Michael0606 861]

As in any other type of investment, the risk and danger is always present, some of them in the cryptographic world, is to invest in currencies that in the future will remain at zero and will not rise again, leaving the investor, in infinite losses, that is why  I always recommend to educate yourself, before entering the world of investments and more in cryptocurrencies.

[SuperCrypto 7193]

The truth is that cryptocurrencies have many major risks that require investor attention, the most important of which are price volatility and manipulation. Volatility in cryptocurrency prices is a common occurrence that results in feelings and emotions being seized and not making the right decision.

[Jromz 2158]

I know that many people's investing style is not conservative at all, and they decide to invest all their wealth on the highly volatile crypto market, especially Bitcoin. I don't personally share this view, and agree with some views stated here that diversification is a valuable tool when investing, as it can significantly reduce losses. In this way, one could also consider making informed investments in different assets beside cryptocurrencies, such as stock shares, commodities and even government bonds.

[Affect579 66]

Personally, I prefer to invest in bitcoin because I believe that this is the future, I am not afraid of falling enough to be able to analyze charts, but something that you cannot foresee may happen, my advice is not to store everything in one place.

[lonewolf 47]

You could lose it all in a twinkle of an eye, that is why it is mostly adviced that you invest what you can afford

[diferlol10 36]

The risk you run when investing too much in a cryptocurrency is that its price falls, if you know how to invest it you will not have a problem but it is best not to invest 100% in a single cryptocurrency

[Cryptonix 135]

Constantly practice, attend seminars, lectures and trainings, read literature. There is always something new on Forex, learn about it by visiting various resources. It is best if you find an experienced teacher who will warn you against possible mistakes.

[Poezdec 1]

There are risks, as in any business. But I believe that the risks in buying cryptocurrencies pay off. You can make very good money here, even if you lose money on bad investments. I was losing close to $ 200, earned over $ 1000.

[cryptouser1 71]

The dangers are that you can lose everything and not be prepared for that shock. I do not recommend investing so much, only what you are willing to lose.

[Mrkstrong 34]

Cryptocurrencies are gradually gaining popularity and yes, they do have a good potential and a promising future as well. But then, to take advantage of that potential, one needs to be quite careful as well, because this market does have a lot of risks too. Here, I have explained some of them.

There is a lot of technology that goes behind cryptos and technology can develop uncontrollably at times. This is a great risk, this development can bring in any new asset at any time and the previous assets/currencies that investors hold can loose their value, giving a loss to the investors. Otherwise also, prices in this crypto world are so unstable and unpredictable that the risk factor always stays high.

[Earbuzz 87]

The only danger I see is that prices of cryptocurrencies will collapse, stock 
markets will close and we will lose everything.

[elenavshubke 55]

On 13.01.2020 at 23:12, 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?

сложно судить но скажу свое мнение собственно для єтого мі все и собрались,чтобі обмениватся міслями и идеями.Каждый будет судить с высоты своего опыта но я вам скажу что в этот криптовалютный мир я зашла не одно у меня есть наставник муждрый,умный и многолетним опытом.Поэтому это будут скорее всего не мои мысли но они также буут для вас полезны. так вот в первую очерель риск не в сумме а  в том куда вы заходите.нужно очень внимательно изучить продукт разобрать его по полочкам не спешить а адекватно расценивать все за и против и только тогда конечно после того как сто раз измерили и только один раз орежь на это в обшем конечно уходит куча времени и сил и я бы вам рекомендовала бы конечно найти себе учителя который вам во всем это м поможет если вы находитесь на начальной стадии,как вот у меня.конечно услуги стоят не дешего но я ни дня не пожелалела.

[Lrubrum 46]

Hello well, if you invest a lot of money in cryptocurrencies, you have the possibility that it will turn out well and that it will turn out badly, you may at first be able to make a very good investment because the cryptocurrency to which you gave a large amount of money begins to increase its value little by little but remember that the world of cryptocurrencies is quite rough, if you invest a large amount of money you have the possibility that that investment will plummet because many people are leaving that cryptocurrency behind, then if you think about investing a large amount in cryptocurrencies my recommendation is that you be aware of the news that comes out about it so as not to have a millionaire loss.

[Yoobitlover 30]

Yes there is no dangerous in crypto heavily in investment gives very big oppertunity and alot of benifit the risk is invlove beacuse of lack of knowledge if you are going good in the market then it will be good for you can earn a good amount of money.

[freelancer2097 71]

On 1/14/2020 at 12:42 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?

investing heavily means you risk your most of your money on few trades. maybe you're sure about income of that trades at that moment but also if it goes wrong you lose and maybe you cant stand on your feet again. so i think people must manage their trading or investing business.

[invertirencripto 109]

The cryptocurrency market is the most volatile you can find. If you invest too hard, you have a great risk of losing a lot of your capital. Everything will depend on the risk you want to take, but it is best to diversify your portfolio as much as possible.

[Mr.Lettuce 157]

I do not recommend investing heavy on only one contract/crypto/trade since you could lost everything you have. In this crypto world you need to be careful in every investment that you have, you need to be careful.

[mohamed mahrous 1]

One of the biggest risks are cryptocurrency scammers because they only want to steal your money
Also, changing prices on a regular basis may result in losing a lot of money

 

 

 

 

 

[Zeshan Khalid 2577]

There are many dangers associated with crypto investing because large amount of a single transaction attracts scammers and in such situations you have to have a good experience and maturity level