"Risks in Crypto" | (Just a friendly reminder)

[Jessica Karren 1242]

Risk is present in all types of fields if you invest but here at cryptocurrencies the risk is bigger because there is a a lot of ups and downs in the price of coins. We can reduce that risk by getting more knowledge and experience and by being patient while taking our decisions. 

[vynz 540]

On 2/2/2020 at 4:52 PM, Ms.o said:

Investing in crypto is a risks,most people jump into it,without knowing first and setting theirselves on those risks then regrets later or suffer from depression.

Cryptocurrencies are different from fiat currencies or gold,wherein there are no physical coins,paper notes or precious thing that exist,which you can keep in the bank or wear it.

Their value depends only on such factors and one of this is the demands or sentiments of the people, so since there's no physical thing that exist,your investments can be wiped out and lose money in just a snap specially if you are lacking in knowledge. And although it is based on blockchain technology,and even how we keep to be safe as we wanted to be there still risk in the security as online world are full of scammers. 

 

Having proper knowledge and positive minds can help you achieve what your aiming for. Be wise when dealing with crypto,don't let your emotion or the thoughts of instantly becoming rich brought you, but set a goal as becoming rich has steps.

Risks in crypto world is very common since scammers are all over the web and it is estimated that all the bitcoin offering websites, 95 percent of them are scam or not legit so you are lucky enough to be here in cryptotalk. Also investing also comes with great danger so it advisable that you must consult to senior users and do research. 

[Wilmer Garcia 0]

On 2/2/2020 at 4:52 AM, Ms.o said:

Having proper knowledge and positive minds can help you achieve what your aiming for. Be wise when dealing with crypto,don't let your emotion or the thoughts of instantly becoming rich brought you, but set a goal as becoming rich has steps.

You're very right and I totally agree with you we all have to study a lot before investing our money I think in training this is successful if we do things properly well and with fundamentals we can be very successful and manage to make a lot of money so we must use our heads before investing our money

[vynz 540]

On 2/2/2020 at 4:52 PM, Ms.o said:

Investing in crypto is a risks,most people jump into it,without knowing first and setting theirselves on those risks then regrets later or suffer from depression.

Cryptocurrencies are different from fiat currencies or gold,wherein there are no physical coins,paper notes or precious thing that exist,which you can keep in the bank or wear it.

Their value depends only on such factors and one of this is the demands or sentiments of the people, so since there's no physical thing that exist,your investments can be wiped out and lose money in just a snap specially if you are lacking in knowledge. And although it is based on blockchain technology,and even how we keep to be safe as we wanted to be there still risk in the security as online world are full of scammers. 

 

Having proper knowledge and positive minds can help you achieve what your aiming for. Be wise when dealing with crypto, don't let your emotion or the thoughts of instantly becoming rich brought you, but set a goal as becoming rich has steps.

According to what i read there 95 percent of those bitcoin earning sites are scams and attempt to steal your information and also your earnings. I'm in doubt of years because of this risks so i didn't grab the opportunity until i got here in cryptotalk which is lucky since there are few sites that can give you fair share. 

[DreamStage 2105]

Investing in crypto does in fact have his risks as part of your investment will be used in all sorts of volatile trading events where every new, every whale, every investor changes price with a random difference and there is no company attached to such virtual currencies.

 

By company i mean if you invest at market's stocks such as google you know that company has a big potential and there is no such frequency of price value collapsing.

[Moaz 7239]

Of course, investing in cryptocurrencies is always fraught with risk, because there are a large number of cryptocurrencies in the crypto market and therefore that not choosing the appropriate cryptocurrency for investment may lead to your loss of all your money at any moment so you must learn and control your feelings before investing

[Rezort 846]

Everybody that is really trying to benefit from working with cryptocurrency has to think much harder and spend more time learning than you do on some offline job, but earnings can be much higher.

[Solex 2262]

Making use of Cryptocurrency itself is also a risk talkmore of investment, investing is any type of Cryptocurrency is a risk and that is why I recommend everyone to make sure that acquire good knowledge and experience before joining this field because you can easily loss if you don't have good idea.

[Zalaks007 543]

You are absolutely right, investing in cryptocurrency is very risky and also you must learn and read about before you start because if you didn't,  you might ended up losing all your coins.

[Alex9876r 1408]

Trading in cryptocurrencies is different from trading in Forex, as you can make a 50% profit from cryptocurrencies in a deal In return for 10% profit from a deal in Forex, and thus this matter psychologically affects the Forex trader and we see him exit before achieving the goal Just as the profit is large in crypto, so the loss is large, simply because it is a decentralized market

[Izeal 4404]

There are a lot of risk in crypto. Only you gonna make money by taking risk otherwise you wont get any profit. I have seen many people investing in crypto without any knowledge it is completely wrong you should better take a course about how to invest and trade crypto and manage your risks in cryptocurrency.

[Projectcrypto 4382]

Cryptocurrency is currently one of the best way every individual can earn good profit to there wallets but there is something we all need to acquire before jumping into it which knowledge about the field, we need to have good knowledge about Cryptocurrency field because that is what you will use in the future to make the right decision which will avoid you from losing your funds.

[Dorjoy12 8962]

Crypto world for those people who can take the risk of lose money..  Only the brilliant and smart people able to get profits from crypto World because they think the Both positive and negative site but most of the noob member dont care about it and only see the positive site so they get lose in trading                  

[Tunuu 2235]

Thank you for pointing this out because there are many risks in cryptocurrency and without knowledge we can face same unusually. It is hard for many people to learn cryptocurrency knowledge but we don't have a choice because we need to earn so we should learn.

[Mwangi 5611]

Thats the truth , dont over invest everything in crypto currency , we are praying that we have something happen that will sustain this market because we are still very young thats the truth so we keep on trying as hard and putting together everything in its perfect and the right idea would be to try as hard and prevail in everything we are doing its the best thing to really keep on putting together certain channels. Keep about 50% at most if you are totally sold out to crypto currencies

[Dark_Sky 8489]

The only risk that I'm afraid to experience in crypto is getting scam by those who have bad intentions that's why I will do my best to avoid falling into their scam. My advice to all members be careful on those people. 

[Irungu 4299]

I think the world of finances is very different and should be well organized so we dont have people losing every not and then , the most important thing to do is to be careful read well before you invest thats the main point

[Draven06 494]

I agree it is a big risk if you make investment to cryptocurrency without knowing what should you do to make it grow and where platform it can be profitable. Before making investment make sure the your self is equip with lots of knowledge about crypto investment.

[decemberends 1881]

i totally i agree on this patience is the key and also u can compare the thing happend for a month before and after also try to start from small profits dont go randomly for high profit knowing you will just lose it all.

[Guru2050 8284]

Jumping in to the world of crypto currencies system to me is not the case, but the major case is starting trading or Investment making with out learning the required experience and skills to manage the system. This is dangerous because you a liable to loose your money.

[percare 3192]

There is risk in everything but crypto is considered high risk in trading and investment although lately it might be the less risky assets as everyone is buying banks, institutions corporations everyone wants to get in. I don't know why they were fighting crypto all this time and suddenly decided to join.

[Mosab73 333]

Hello.  Any investment involves risk, so the operation must be accounted for.  The investor must have experience so that the loss is not as large as in the case of cryptocurrencies with the use of Blockchain technology or any digital wallet in this case if there is a loss that cannot be compensated for these currencies in the end, then we must develop a plan for any investment

[Mella 3680]

Invest in crypto is risk but I am think that if you do it the right time you reduce the risk and increase the profit. It is all about knowledge and learn trading pattern and tools. If you learn these you profit. There are ways to trade and you can plan to make more bitcoin or more fiat. It is up to how you see the market.

[Fixfin 2569]

As you said in the last sentences of your post it is all about having proper knowledge. This will help us make our mind about the direction the market is taking. This knowledge can be extracted from people that understand better the market and after a few years we can become experienced to make our mind too. There are critical points in the charts and identifying them is very important.

[kitekite24 4162]

That is right my friend i agree to this content of yours it was helpful and informative post. We must don't let our emotions or greediness works in our mind because if we do that and let them be in our minds we can lost all of our money here so don't rush things here. Make a plan, gather a lot of knowledge and be patient that is what we need to become successful here. Thank for this post my friend.