What are the dangers in investing heavily in cryptocurrency?

[noor job boy 77]

I think it's a bit risky here. Because if you lose your money then you face a huge loss. That's why I think it's risky.

Edited February 17, 2020 by noor job boy

[Epic 289]

There are a lot of danger in dealing with cryptocurrency, most notably being a victim of fraud, like exchanges and investment sites closing shop and taking your money. The risk of cryptocoins prices doing a freefall is always a danger one should always watch out for.

[Warri 4]

Do not put every single one eggs in one basket
Perhaps, in-between the investment into numerous currencies and focusing on bitcoin and certain well-liked another currencies
It is improve on and reduces the risks
 

[Brushless4500KV 4214]

1 hour ago, Bijoy123 said:

Marketplace and gave empty to smaller funding and this isn't properly for small Investor.You only need to invest 20 percentage of portfolio for my part due to the fact placing all of the money at one vicinity is continually unstable. Bitcoin is ideal but still its volatile.

20 percent is low. I always suggest new investors to invest up to 50 percent of what they earn per month because it is totally safe and you can recover all losses after two weeks. The alternative way is to collect a bigger investment by setting aside a certain percentage of your income every month which will add up to a bigger investment after one year. Then you can start by a higher investment and make progress faster.

[George10 9932]

Investing heavily in crypto as you mentioned in your question has the consequences because what you should know when you are investing is that you will either make profit or losses depending on where you are investing your crypto... and in this case the consequence might be a huge loss or profit...invest wisely...

[teminalibug 309]

7 hours ago, Afifa Tanvin said:

Mostly dangerous because we saw a lot of volatility of the price of whole market and gave empty to smaller investment and this is not good for small Investor.You only have to invest 20 percent of portfolio in my opinion because putting all the money at one place is always risky. Bitcoin is good but still its risky.

bitcoin only could risky if you need to spend your investment soon, but if you can wait it always pay big time.

[Sabba092 115]

3 hours ago, Jihadsiddiq27 said:

Examples of the challenges on investments a great deal on cryptocurrency? As you put in a great deal on the cryptocurrency you may be thriving a possibility to help you the loss a good quantities, as a result, your best option is without doubt investments really a piece of quantities.

We .ca pos our capital's and This is big risk. Also it is more fluid prices.

[mskhatri24 299]

I think the main dangers in investing heavily in cryptocurrency is that you can lose a large amount of your money if crypto market goes down or crash totally because of its uncertainty or you can lose your investment due to some malware, phishing or hacking of account.

[Trader21 1199]

Just now, SomaTonmoy said:

The main dangerous thing is that investment can become zero.but if you invest in good currency it will be duble in future.  you shouls careful about it. we shout sure before investment. 

Yes indeed, this is a big problem in this world. As you above mentioned, it depends on the choice of you. That means when you select a good currency, in the future it can be successful.

[Symphony 20]

Scammers and hackers are always on the look out for unsuspecting newbies who are an easy prey or victim. This is the main danger of cryptocurrency, Losing your money in trade are not remotely dangerous and its part of the normal market cycle. 

[JuliaNedz 25]

When you invest heavily in cryptocurrency, there is always a risk that you will hide those funds. So the best way is to invest a small amount of money.

[Upright 2688]

I think they are no danger investing big, if you know that the site which your investing at is legit with clean proofs of it being a stable platform to join at and get profits if not, don't invest heavy when doubting

[teminalibug 309]

8 hours ago, Nill01 said:

I was thinking this topic about that 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.many of peoples have lost their hard earned money entering into fomo of crypto currencies.

I think FOMO is different from out matter here, but over buying is, which i came to think is not big deal if you are sure the coin will rise to a mass profit, sometimes you gotta go big or go home.

[ArsalMajeed 178]

Yes there are many dangers of investing massive capital in Cryptocurrencies. The first one is their volatility. Their rate changes every second & hour many times a day.

[fuer44 1083]

the most likely danger is after we invest heavily in crypto, but prices will fall after that. of course there are big losses there, but if you want to be patient and want to hold much longer, the price will definitely rise again. because the crypto market is very volatility, and we can see how bitcoin has gone so far. it means there is a big danger, there are also big benefits too.

[Shivam1 428]

On 1/14/2020 at 2:42 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?

Investment in crypto currency is good but huge investment in crypto currency is not good. Because huge investment in crypto currency is very risky. So just invest some amount then try to get profit for beginners.

[Sumayya 493]

31 minutes ago, Billa said:

We have a wisdom that says: Do not put all eggs in one basket
Perhaps, dividing the investment into several currencies and focusing on bitcoin and some popular alternative currencies
It is better and reduces the risks

Yes that is true when you invest heavily in cryptocurrencies it might be like you are putting all.your eh in one basket.

[guatazoo 7150]

53 minutes ago, Muhammad Afaq said:

I think you should take a risk to invest heavily in Crypto currency because its like a risk kit which will give you biscuits.

So take chance and invest it

Haha i was thinking the same thing, sometimes taking risk is a way out of all your poverty and all the hard like, sometimes you get only one shot in like, so gotta take it, but don't get used to it.

[NIVLEM 172]

Don,t invest to much of your money, We all know that investing and trading in crypto currency is affiliated with high risk. Just start with the small amount that will grow and this will also serve as a way to learn the system of trading and investing. Then when you are technically wizard in crypto world maybe you can put a huge amount.

[Sourav43 106]

You can invest.  Because investing is a very profitable job.  You will invest, but investing more than you need can result in losses.  Because there are bad aspects of investment and good aspects.  However, when the price of the currency goes down, if you invest a lot, it will be very risky for you.

[Investors Blog 385]

51 minutes ago, Shuvrosadia2 said:

I'm a middle-class family boy. So I invest here as much as I can. I think only rich people can invest a lot in cryptocurrency because only rich people can lose big money. The average person can spend as much money as he can, because he has to earn again next month. I think $1000 is the safest limit for most people's logging. The risk of total loss is serious and you should invest wisely.  

No matter what your current standing are for as long as your buying small amounts of bitcoin daily, weekly or even on monthly basis, this will add up and in time you might lost track and you just save up 1 BTC already. so start young and invest young and retire young 😄

[Sapdrx 469]

I think the main danger is greed. Investing heavily is ok when you are willing to lose a substantial amount. But when you make profits and do not cash them or reinvest them to diverify your portfolio because you are greedy increases the risk of high losses.

[Ahmeddominik 126]

1 hour ago, Tina420 said:

Mostly dangerous because we saw a lot of volatility of the price of whole market and gave empty to smaller investment and this is not good for small Investor.

Thank you for the important advice you give others to help and provide services

[MuhammadSh 3067]

Investing heavily if fake or untrusted sites may make you lose all your money in a while! you should invest in trusted exchanges like yobit or another.. 

Anyway.. i prefer to trading and i don't like investing.

[Ionescu 115]

On 2/6/2020 at 7:41 PM, Crypto555 said:

There is always a danger when you choose to invest big into something and this also includes cryptocurrencies. The risk that you are taking is for the market to collapse and you end up losing all of your money 

The market of cryptocurrencies is never going to collapse. Because it is so strong and so many people have invested a lot of money into it so it's impossible for it to collapse easily