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Deborah Christine

Risk in crypto

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On 10/11/2019 at 12:22 PM, Deborah Christine said:

We know that the price of crypto is very volatile. It is very risky but many people interest invest in crypto just see the big profit many people investing in crypto just because they are interested in making huge profits without thinking about the big risks behind crypto investments.  What do you think are the risks involved in crypto investment?

Well obviously we all know that you can loose all your money through trading. Or you could buy into a coin that declines and eventually becomes a shitcoin. Besides that there is hacking, sending to the wrong address, etc.


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Sometimes when these resources are inadequate or fail for other reasons, they can influence the market by resorting to manipulations. They can make a manager from the hills say something good or bad about a coin, play with the existing perception, and use it for their own benefit. The key point here; to convince the target audience to do something. therefore we must be careful of the risks.

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6 hours ago, andrehol said:

Over the past 2 years, there have been many good times for traders to earn money. But these moments were perfect for investor earnings. You just see the excitement-invest.

Still, in order to properly learn how to find such a moment, it's necessary to have a good experience.
Otherwise, the risks increase very significantly.


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1 minute ago, MyThoughts said:

Still, in order to properly learn how to find such a moment, it's necessary to have a good experience.
Otherwise, the risks increase very significantly.

True, many none experience traders can only look back now and begin to identify those spots where you would have been able to invest and make good profits, and I believe I would include myself as one them too 😂


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12 minutes ago, Nicecrypto said:

True, many none experience traders can only look back now and begin to identify those spots where you would have been able to invest and make good profits, and I believe I would include myself as one them too 😂

You need to make more transactions (trade more) at small limits in order to gain more good experience..
Just like me... )))


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1 hour ago, Jessee said:

Just need to choose the trading channel more thorough and there should not be any problem with that. Read reviews and everything and it will be fine. Never experienced any problem.

Can you give advice on how to choose a trading channel more thorough?
Maybe you can talk about the channels you have already tested? )
Please...


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5 minutes ago, igglybuff said:

Crypto being a new market and reaching so many people without any restrictions is somewhat risky, movements of 10% in seconds, can take you to 0 in your balance, it is too dangerous if you do not read before doing a trade

just 20 minutes before now I saw a 10 percent drop in WAVES/USD in less than a minute, sometime this drops or jumps happen so fast that we can't do anything at all

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7 minutes ago, igglybuff said:

Yep, these kinds of movements are very normal in this unregulated market, they always happen and people get used to them. I have never been to trade altscoin for that reason, but there are people who do it and take advantage of it

but it's really hard to take profits in such market with day trading, even the bitcoin itself had 4 percent drop in just 2 minutes today

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2 minutes ago, Mohs3n71 said:

but it's really hard to take profits in such market with day trading, even the bitcoin itself had 4 percent drop in just 2 minutes today

Therefore, I'm saying this not for the first time that on the main cryptocurrencies in the short term, you can get good profit only at large limits. )


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On 10/15/2019 at 1:02 PM, webdeals said:

well people are investing in crypto to make a huge profit as you correct said... many others sadly will be the people that will lose money to make other people rich. Example... many people invested in BTC when it was 15k and when it went 20k they were happy... other invested at 19k... thinking it was going the moon.. what happened to those people? They have had a massive loss. Just be careful when you invest in crypto.

You have said correct things, but why people need to invest in Crypto when they knew all these things. The one who laughs when they make profits and the other one have to cry when the price drops for them.

We have seen the price is more so they cannot loss for a 100% and may be some 50% would be loss. Some have losted in Altcoin scams without a penny for them, but in Bitcoin you can get something even price drops.

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The risk factor was always present everytime we invest maybe in stocks, forex or cryptocurrency so We should not take that risk to be a hindrance to make everyone of us a succesfull trader. The reason why people still gamble to invest in cryptocurrency market just because of its high profitability ratio compare to those traditionals like forex and stocks! 

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there are many other risks, especially newcomers such as hackers, sending the wrong coin to another wallet, the coin you bought is delisted from the exchange .....

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38 minutes ago, Sweeps45 said:

Some projects they do airdrops that are already listed in the exchange, but mostly these days it is worthless, not valuable. It is very important to have a research before making an effort to avoid wasting our time in the future.

Please tell me which research or how best to conduct this research?
This information will be useful to so many people...


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1 minute ago, Shakil Sikder said:

In a post you answer your own questions. The main problem of investing in cryptocurrencies is high volatility, as the price is not tied to anything, and the market itself is very responsive to manipulations by large asset holders.

yeah the manipulation and volatility in crypto market is much more than any known market and this makes it the riskiest market out there 

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Crypto is a sea contains lucky as well unlucky to hold with.Because coins holded for years waiting for price to increase all of a sudden it decreases to the depth as it have never reached such condition. On other side when we exchange the very next moment it breaks the history reaching high amount.so being cautious in exchanging in BTC plays a role though lucks apart.

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Anything you do in business would be a risk if involves money. Gaining in crypto is almost similar to business but even more risky because of its volatility and may result in losing maybe more than half of your money as I have heard from an investors who posted here.

So careful financial management must be considered before taking the risks. And I would agree that cryptocurrency is for risk-takers.


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On 10/11/2019 at 11:22 AM, Deborah Christine said:

We know that the price of crypto is very volatile. It is very risky but many people interest invest in crypto just see the big profit many people investing in crypto just because they are interested in making huge profits without thinking about the big risks behind crypto investments.  What do you think are the risks involved in crypto investment?

This is true. And the higher the reward the bigger the risk. The worst thing in crypto or in any investment fail is that the reward was never there and you just bought a total lemon. I think I ly buy what you know and remember that people go to school for mag years to make small percentages on large amounts of money. I think the secret is large amounts of trading and small gains. Like going to the gym. Growth comes quickly and interest compounds must fast than us little fishes can imagine. 

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