Is it safe to invest in Cryptocurrency?

[Mwangi 5611]

Thats the question that I keep on trying to ask myself , I had a person who really tried to make me stop investing in this kind and that never worked I invested in bitcoin and in the end we ended up losing a lot of good money so its important we know that sometimes it never works but we also should be careful not to lose ourself into the scope that we can lose money , try to venture when we study enough

[Sarahden111 1231]

This depends on the time of investment, the type of currency you are buying, and the price It is necessary to invest, depending on science and technical analysis, first to choose the best area for purchase, as well as monitor the liquidity ratio in the currency, as well as collect information about the currency and its project If the goal is to invest in it As for investing in bitcoin, it is 99% considered a safe and successful investment.

[Draven06 494]

Yes it is safe to invest in cryptocurrency but it may depend on the platform you will invest. Because there's a lot of existing investment sites out there that are scam. So be careful but over all investing in cryptocurrency is and and a good choice to earn money.

[Irungu 4299]

@Seedra I think it used to be the problem now is that most of us are losing, and this is because of the unpredictability of the coin, so its important to know what we are doing and in the end it is going to be perfect help for all of us in all said purposes 

[Dorjoy12 8962]

Crypto currency means you need to have your own risk becuase YOU have come here to earn profit and without risk you cant earn profit.. If you want to have low risk with low profit then go on gold invest.. By the way, crypto invest is good if you invest after heaving proper knowledge about all the sections, currency.. Again its really a mistake to invest on some currency without any research.           

[Izeal 4404]

If you don't know about the cryptocurrency and don't know how it works then it's very dangerous but if you have good knowledge then I think this platform is the safest platform where you can earn more money with small investments, sometimes you can also get double. 

[Maaz sultan 265]

On 2/20/2020 at 1:41 AM, tienda said:

Yes of course is very safe to invest in Cryptocurrency, but all depend about you how you consider you investment, because if you dont investigate about the thing where you will put your money so you will have many problems.

Yes you are right the cryptocurrencies are the safest way to get a good profit on your investment but before investing on any place you need to get a good knowledge about it and then need some research on the cryptocurrency (that you are investing ). So invest on the right time and place.

[gourav789 2834]

yes it is , but if we invest our good coin . recently I invest good amount of money in TRX coin at 170 satoshi per coin . I just want to hold it Till it's price didn't crossed 300 Satoshi . their is equally chance of profit and loss in Crypto market .

[Sugibengi 390]

On 2/20/2020 at 3:30 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

In my opinion it is safe to invest in crypto, the most important thing is not to choose the wrong coins, choose coins that are potential and can be for the long term, for example bitcoin and ETH, don't buy new coins to minimize the risk. Price fluctuations in crypto are quite reasonable and indeed if we panic, the losses we get, stay focused on trading so there is no risk, it's better to hold the coins for a while, if the market is not good.

[BTC Future 3946]

On 7/26/2020 at 7:28 AM, MegaImage said:

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

This is one of the best advice I've read so far. It is exactly what people should have in mind. More than 10% of investment might be ok but it may lead in problems as the market is highly volatile. I won't suggest more than 10% of investment, although I know that many younger especially members might hold more than that. 

[Solex 2262]

Cryptocurrency is safe and one of the best ways one can earn good income into there wallets but they major problem is having the knowledge and experience about the field because they are what one will use to invest, mine or trade coins for good profit . Make sure you make good research about a project before you join because there are scam projects which can eventually lead you loss if you are not careful enough.

[Moontong 5312]

Yes it's really safe to invest in cryptocurrency, there are many people who earn big money because of investing in crypto currency, just b wise on choosing legit website because their are many fake websites that can steal your money. 

[Tunuu 2235]

It is completely safe to invest in crypto currencies but only if you invest in a right way. Many people are failing to invest in crypto currencies and earn profit because they do not invest in the right way.

[Mwangi 5611]

for now its very safe, but there is no telling how fast things can go south and you can actually lose a lot of what you have so its important you are able to balance a lot of things that you are working with and develop a certain skin to it, so we have to really be good in what we are doing , investing in craypto is one of the best thing to do 

[Guru2050 8284]

It's absolutely safe and secure provided you know and fully understand the system, ranging from where, how and on what to invest the capital. Where to invest means the site to inject your money should be of legit, real and authentic. How to invest simply means you should be well equipped with the needed experience, skills and diverse strategies to handle, regulate and manage the system. And lastly which is, on what to invest, means make sure you choose the right coins, coins that are good and valuable enough to earn you profits.

[Abdul41x 0]

It is safe to invest in crypto currency if you invest at the right time and at the right coin and it is not safe if you invest the wrong coin.

[Swapzone 174]

In short... NO!

In long... YES!

Crypto is a very volatile market, the most important thing to stand in crypto space is having patience. There is too much risk of losing all the money in crypto. So, invest only the amount you can afford to lose!

[Tine0313 3053]

It is depending on the crypto you are investing in. If you invest on coin that has potential, it will be good but not all the time since crypto market have a high volatility it will be turn out to lose or double your money.

[FaithJoy06 170]

On 2/20/2020 at 4:37 AM, Hanan951 said:

It depends where and how the way that you invest and the right moment of invest all that will make the target more clear to you ...

I agree with this. Investing in the market really varies. There is no stable investment in the market. The value of the cryptocurrencies keep on changing depending on the time. In here you have to have your own strategies on how you can make your investment grow. You have to be wise in choosing the cryptocurrencies in where to invest in.

[Honny143 13612]

28 minutes ago, shelexxx said:

I think it is safe to invest in cryptocurrency. But it all depends on how you invest your currency in cryptocurrency. We know that investing now is risky. It has a chance to rob. But in cryptocurrency, it ensures that I am 100% safe.

Crypto currency safe for investment but attention every investment platform not reliable, so first research about the platform where you investing in crypto,because present so many investment platform's doing scams, its just a scam alert.

[Projectcrypto 4382]

Cryptocurrency is a promising and legit source of income but it actually depends on your level of experience about the field because making it in cryptocurrency world requires confidence and knowledge so make sure you acquire the skills because it is what you will use to invest on the right coins that will give you good profit at the end of the day.

[Cryptonym 54]

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

It is safe if you know that the crypto currency you are going to invest is legit and not a scam because there are some guys that is scamming other investors to try a new crypto currency but ends up losing their money. 

[TimopheyKa 3900]

Advantages of investing in bitcoin
Fairly stable growth. In the entire history of bitcoin, there have been big falls, of course, but this has not happened often: on average, once in 2-3 years. The four-fold growth in 2016 significantly exceeds the fall: a successful investor can invest in the most popular cryptocurrency, and not face a fall in its rate for a year.
The trust of users. Bitcoins have turned out to become popular: even dropping sharply subsequently he was growing up. Today, a huge number of bitcoin users act as a kind of "guarantor" of its stability: several million literate people can't trust an unreliable asset, right?
Low commission. Maybe not the most important advantage of bitcoin, but I decided to tell you about it. Today, for storing, exchanging and other operations with the most popular cryptocurrency, commissions are charged, but in a small amount, which distinguishes them from money that is stored in banks. As financial institutions will increasingly increase the amount of fees for their services, this advantage of bitcoin will come to the fore.

[Marks33 535]

On 2/19/2020 at 9:30 PM, 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

Investing in crypto is safe only if you invest in good potential coins, try to always buy at low price and sell at high price lastly invest in good exchange like yobit.

[CryptoDemon 370]

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

It depends on how secured you are going to use it because it is not secured if you are not responsible but it is the most secured thing if you use it correctly.