Is it safe to invest in Cryptocurrency?

[Soaib khan 1035]

On 3/7/2020 at 6:09 PM, duncun007 said:

when we say these type of questions it just tells me that there has been many scams in crypto that people nowadays dont even trust it at all.

but everything has its own pros and cons these days scams is happening because people have no idea about cryptocurrency because they are new it will take time to learn this 

[Jimmy26 987]

Every success comes with some risk on the path of your goal and that is the time when you should make yourself capable to handle all the failures and  the situations that you have gone through because in cryptocurrency many times you have to face new problems and difficulties take them as lesson and for your improvement.

[CryptoMaxim 3829]

On 20.02.2020 at 00:30, Seedra said:

Is it safe to invest in Cryptocurrency?

Are cryptocurrencies a safe investment? In short, there is no such thing as a safe investment. ... The volatility with whichcryptocurrencies have fluctuated over the last 12 months certainly evidences a higher risk of loss, but it is also what has made them such a lucrative investment for so many people.Sep 18, 2018

Cryptocurrencies are always risky. Therefore, you should not invest in everything. It is worth reading reviews and conducting your own analysis regarding the coin. And always monitor the price.

[MrGeany 297]

no. there is no safe space in  real world and its free market economy. if you are saearching for a safe space i think you should leave cryptos today. everything is a risk in this world. no one really knows what will happen. maybe btc price will go down to 1 USD? who knows? but we have some data, statistics, history and we try to make profit from it. its not safe! no. we usually expect about 10-15% profit per year that is a very good profit so you know. thats hwo it works. x100 and more profits even x2 profit is very rary in real world economy unless its something new, start up or something that may change industries.

[Omar Ommeish 4872]

In every investment there is profit and there is a loss and so is the case for cryptocurrencies, but I believe that trading with these currencies is better than investing in them only.

[Trader21 1199]

Yes indeed to invest in cryptocurrency is so safe, but it doesn't mean every project is good for earning profit. If you realize something about the market, you can see that there are really lots of projects are scam. 

[Shivam1 428]

On 2/20/2020 at 2:00 AM, Seedra said:

Is it safe to invest in Cryptocurrency?

Are cryptocurrencies a safe investment? In short, there is no such thing as a safe investment. ... The volatility with whichcryptocurrencies have fluctuated over the last 12 months certainly evidences a higher risk of loss, but it is also what has made them such a lucrative investment for so many people.Sep 18, 2018

I suggest you to learn more about this topic. Because its totally depending on you that how and where can you invest your money. And yes its safe.

[Magnom 0]

If you avoid using scam and fake sites.. And if you wouldn't invest in a scam coins.. So you will be in safe! I suggest you to invest only in trusted exchanges and avoid scam sites in order not to lose your money in a while.. 

[P A Ashif 2409]

To be frank, I will not comment on whether the Crypto Trading is safe or not? But I will say that. If you have learnt Crypto and got enough experience, then you are not going to be a failure in the cripple

[Michael0606 861]

The risk is always there, but the risk increases if you invest in places you do not know or web pages, what I promise you in good profits without doing anything, since it is invested annually in the trade, with a technical analysis of the charts and the price  So this investment is much safer, although it still has its risk.

[Zalaks007 543]

Yes it is very safe to invest in cryptocurrency. But before any investment be sure to make an inquiry first not to invest in a scam projects. Always ask for it's white paper and make research on the investment team.

[Shaza Ahmad 1682]

Risk and profit are two opposite concepts. In all markets, the higher the risk, the greater the profit. Therefore, the cryptocurrency market is considered one of the most profitable and risky markets as well.

[BTC Future 3946]

On 5/17/2020 at 7:42 PM, Michael0606 said:

The risk is always there, but the risk increases if you invest in places you do not know or web pages, what I promise you in good profits without doing anything, since it is invested annually in the trade, with a technical analysis of the charts and the price  So this investment is much safer, although it still has its risk.

Perhaps the risk is higher close to 10K that we've seen right now getting rejected many times. It has already been more than 30 days testing and retesting this level. I hope we cross it, but if we don't do this decisevely then it won't hold for too long.

[Ndayebo8 0]

@Seedra it is save but not for all cryptocurrency as it is wide and us of two types which are:

- Legit and trusted cryptocurrency

- not legit and untrusted cryptocurrency

This is base on my opinion because we have the scamming site were you can't trust them instead of investing there. The legit ones can be trusted and is good for the saving

[Zaino34 0]

Any area of digital currency fraught with risk and that depends on the sites and currencies that you use to invest in. There are many unreliable websites and you can lose your money in these sites.

[DreamStage 2105]

Basically yes if you know what you are doing and dealing with.

 

If you are investing in an exchange or gambling in some Casino that has a good reputation, review, or famous you are good to go and able to try out to generate your profits out of it.

 

In case of doublers (coin doublers) know that you are going to deal with pronzi schemes and eventually lose all your money.

[Ayush Singh 1175]

Yes according to my experience I would like to say that you should feel free to invest in cryptocurrencies but make sure that in the coins which you are investing is listed in coinmarketcap so that any fraud can't be done with you.

[Alimhana930 1605]

This depends primarily on the currency in which you are investing in. The market is full of thousands of currencies that appear and disappear and are filled with unique currencies with their networks and the last based on the major currency networks So, investing is as safe as you know about the currency.

[BTC Future 3946]

On 6/6/2020 at 8:34 AM, Ayush Singh said:

Yes according to my experience I would like to say that you should feel free to invest in cryptocurrencies but make sure that in the coins which you are investing is listed in coinmarketcap so that any fraud can't be done with you.

Being listed in coinmarketcap does not mean a project is not a scam. Quite the opposite, many scam coins were trying to get listed there for exposure. Listed on indexes does not instantly lower the probability of a coin being a scam.

[Naylor89 1223]

Investing in crypto includes losing of funds by losing in trades. So it means that this is quite that risky investing and there is no 'safe' investment in cryptocurrency. Some currently running projects are the best way to invest in, choose in top 100 and research on them and pick projects that have an active community. All of them have huge marketcap which means many people had invested on it.

[hasan007 206]

Invest in crypto  safe if you wants earn in a easiest way, but not as much easy as you think. Its a complicated thing to be easy here. Lots of people trade to get rich and loss their all assets. So, patient play the key to get rich, just wait for when the price will be sky rocket. 

[MegaImage 51]

I think that it is safe to invest in cryptocurrency, but it is only safe to invest money that you can afford to lose because if the coin's price drops and you invested hugely, you will be very down emotionally and become depressive for a few days so just invest what you can afford to lose

 

Remember the saying, if you cannot buy it 10 more times, do not buy it!

[Strygwyr 317]

On 2/20/2020 at 4:30 AM, Seedra said:

Is it safe to invest in Cryptocurrency?

Are cryptocurrencies a safe investment? In short, there is no such thing as a safe investment. ... The volatility with whichcryptocurrencies have fluctuated over the last 12 months certainly evidences a higher risk of loss, but it is also what has made them such a lucrative investment for so many people.Sep 18, 2018

For me it is very safe to invest on cryptocurrencies. Only if you did the right thing to do. Just be careful on unknown coins because most of them did not have much volume on the market. Those coins are risky to buy because you might find it hard to sell them at your desired price. 
Bitcoin and Ethereum are example of coins that are good for investments.
Before you invest, study first about the things you need to know on those pairs thar you want to trade. 
 

[TheRaed 1247]

The rise and fall of the cryptocurrency market leads to loss for many and leads to profit also for some people, so it is the same as any trade that bears profit or loss.

[Moaz 7239]

Certainly, investing in cryptocurrencies is safe and profitable as well, but you must first choose the appropriate cryptocurrency for investment such as Bitcoin, Ethereum, Litecoin and other well-known cryptocurrencies.