What are the dangers in investing heavily in cryptocurrency?

[Mwangi 5611]

I dont think its really important to invest heavily into crypto currency the reason being its tought to really imagine this kind of a market going down , so its important for us to keep on putting up some of the best ideas that we have to really level out. so we  need to balance, what we invest in real life and what we invest in crypto currency , that is really important as we all know.

[Brushless4500KV 4214]

20 hours ago, othmane1995 said:

There are no dangers, but you have to invest heavily while making sure of the safe sites. Any mistake from you may lead to the loss of all your money ... You have to ask about the reliability of the sites and their length. Usually the site closes immediately after depositing your money so be confident before embarking on any investment What foolishness from you may cost you a lot, my dear brother ...

Investing in any website has its own risks, how can you say there is no danger? It is much preferred to trade than to invest. Exchanges are much safer than investing websites. When you trade in an exchange, your investment is in circulation. It is not locked in one place. You keep making transactions and withdraw your money + your profit. However, in investment websites, you have to leave your capital for a long time without touching it! This is the real danger. So, work and trade with your coins and don't put them in websites.

[Irungu 4299]

Always never put everything in one place, that is usually wrong , diversification is very important to avoid total loss, can you imagine investing 3000$ in a coin that later falls and dies off? its painful. Diversification works perfectly and we should try very much to take it in.

[Mike1515 2977]

We all ought to be wise when investing in here, because there are so many things to think about  , the first one being that you need to value your work very well , you need to really define what are the good things that would help you build up something that is how this is very important. But when you look at how things are today , you find someone rushing and putting up everything on one investment, which was one of my biggest mistake when I started with investments, like @Irungu said , its important to be diverse and look around for investment opportunity that can help you move forward.

[Guru2050 8284]

Some of the dangers of investing heavily on Crypto currencies are likely to be;

 

1. Lack of sound experience, robust knowledge, distinctive skills and diverse strategies to control, handle or manage the system.

 

2. The market is not always reliable or guaranteed of profits.

 

3. And lastly, the threats of scammers, hackers and any other forms of attacks

 

 

 

[Izeal 4404]

The market is very volatile and if you invest in one coin heavily then your portfolio will be in danger because in any time the price may be dump. So, always invest in different coins and manage your risk of losing all the money.

[Onden 2098]

In my opinion, buying bitcoin for investment is certainly very safe, because buying bitcoin has nothing to lose, the price of bitcoin will continue to rise, but you have to buy it at the right time. If the bitcoin price is under $ 7000, you can buy as much as you can. But if the price is above $ 7500, it is better not to buy it.

[Nikel_jery 49]

Cryptocurrency investment is indeed very risky, but there are several steps you can use as a guide so you don't experience a scam, usually the most important is The cryptocurrency used should be stablecoins so that they are not affected by large price fluctuations

[Teminali69 1081]

18 hours ago, Omar Ommeish said:

There are always risks in investments, but you can look for the best platform to put your money in in order to make money from investing in a safe way.

When comes to cryptocurrencies there is no platform i trust 100% so even to those i have little trust on i never invest heavily. There were many good projects we have seen that turned out to be scams or even hacked and never recovered users money.

[gourav789 2834]

if we invest in stable coin then their will not any effect on your fund , if we invest in newly project then Their will be highly risk or sometime your money will be 3X or 6X as well your money Will be loss also .

[Dorjoy12 8962]

17 hours ago, Mwangi said:

I dont think its really important to invest heavily into crypto currency the reason being its tought to really imagine this kind of a market going down , so its important for us to keep on putting up some of the best ideas that we have to really level out. so we  need to balance, what we invest in real life and what we invest in crypto currency , that is really important as we all know.

@Mwangi if you want to earn money from crypto world without any hard work then you need to invest here.. Invest has different ways to earn profit such as if you invest one btc for long term then its safe and secure investment as btc currency is reliable currency and no chance to get it died.. Again you can invest in legit site but to participants on those site, you need to do competition as those site will give you huge profit.. Again you can invest your money on new coin that will be listed on binance in a short time because listed in binance mean the coin price Will have a huge pump..                              

[BraveHeart01 1569]

there are many dangers and you can avoid them just by following  the right way to do each thing that you are going to fo, so don't  worry because  thereare already many people  who are doing well you can too do well.

[Red-Jones 1150]

10 minutes ago, othmane1995 said:

There is no investment in the world of the net except that it has risks, whether in the world of cryptocurrencies or in the field, especially in buying and selling, because there are of course hackers, fraudsters and even thieves .... they are the ones who spoil the work and investment, in some cases even if the sites are Safe, there are those who are trolling and waiting for the slightest loophole to pounce on the prey ... Just as there are people who are specialized in the world of protection, but there are people who specialize in the world of penetration as well. For psychology, people who are specialized in the world of penetration are generally themselves the specialists in the world of protection ... the biggest danger in My point is hacking and fraud ....

 

after the scam projects (projects with fake team members and plagiarized whitepaper), which are now very few, the biggest problem is that pump and dump, many altcoins reach prices of $170 and one to two years fall to less than $10 because the creators of altcoin have lost focus and have no more ideas of what to do and have been overcome by other projects that have brought more innovation

[Naylor89 1223]

Cryptocurrency has a big risk because unlike any other assets, they are moving very fast and you can loss all of your savings. But to us who have been into the crypto space for a years, we understand that this risk is more of an advantage because you can make so money very fast. In my opinion, now the regular economy based on fiat money is at greater risk than cryptocurrency.

[Tunuu 2235]

The most dangerous that i know about heavily cryptocurrency investing is when you will invest in a fake platform. Because when you will invest in a fake platform you can never withdraw your money again.

[Zafarwaheed 0]

Yes I agree with you that there are more risk at this forum but there is a solution to estimate the market value of crypto currency. My opinion is that don't invest all your balance in one platform there are many other sites of trading that are working very well. And aslo Bitcoin market is good . In this way there is lees chance of fear and risk.

[pacific 2268]

Investing solely on a single cryptocurrency, this might be the most risky moves when it comes trading or making investments. If your invested coin gains market you're lucky enough to get more profit with it, you you make the right move and trade at the right time, but apparently if your invested coins falls under a bear market, you may have to deal with heavy loss.

[sarahmoses202020 251]

On 1/13/2020 at 10:12 PM, 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?

The more you invest heavily, the more the rate of profit or loss when the price moves in your favour or against you. But if you invest into trustworthy coins like Bitcoin, litecoin and ethereum. Then you don't have to worry because the price is likely to come back.

[Fixfin 2569]

You mean the danger because there is one danger only to lose all your many. There can be many ways to do thatand the risk is high so you have to be careful where you invest and not invest heavily either but always go small.

[Rbs 6]

Only rich people can afford to lose big amounts of money. The highest amount of money that ordinary people can risk is their monthly salary because you can earn it again the next month. I think $1000 is the maximum safe limit of investment for most people.

[safwan944 54]

Obvisously its safe to invest high on this crypto world unless you can choose the most profitable and trustworthy coins like btc eth litecoin and many more.I would say more investments means more profit all you need is choosing the right coins

[cooperallch 349]

It is not so dangerous to invest heavily in cryptocurrencies, as you can have high profits from it, you should not only invest heavily in a single cryptocurrency, but in several different ones

[Danii2312 34]

Boss you know that crypto future is very bright and in this way we say there are no dangers if we invest in crypto. The crypto investment is more profit able and more risky business considered. The crypto business is best for risk taker😞🤯

[yonkii 3205]

On 1/13/2020 at 11:12 PM, 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?

I don't like dangers and I am willing to risk but not everything. What do you mean by investing heavily in cryptocurrency? You are willing to sell your possessions and buy Bitcoin as a man I've read about did and now he is making youtube videos that is called the Bitcoin Famly? If you plan to do this and you have support and your family follows then this is a good thing. But you have to risk a lot and maybe lose a lot too.

[hatambaba 1064]

The most danger of cryptocurrency investing is that you can invest $1,000 one day, and the next day the market crashes and may lose $500. It's impossible to predict the markets so never invest more than you can afford to lose. The price of a particular crypto coin  can easily drop.