risks What are The Risks to Invest Cryptocurrency in an Exchange Site?

[Lover840 0]

On 10/12/2019 at 8:28 AM, Agios said:

Investing cryptocurrency in an exchange site looks very profitable, will earn interest as a passive income, we don't need to do anything and every month we will get interest, What I want to know is what risk will occur if we invest in an exchange site

 

 

Yes you can easily earn some % of return on your investment per month in different exchange. For this you should use the investbox of yobit exchange it's really good and profitable. 

[Laboni 755]

There are many risks we face when working on crypto, especially on exchange sites. Hackers and scammers are lacking. That is why we need to analyze the sites well before doing the exchange. The site should then be checked and exchanged to make sure it is reliable and trustworthy. In that case, it is possible to avoid risk.

[tienda 8776]

I think there is not the risk for investing your money on website exchange, you can get the risk if you have not a little knowledge about how to trade you will loss, and also there is other risk is if your hold your money on this website if will be hacked you will a victim.

[pablomarwan 3082]

There is a risk in trying to penetrate you or the monument on you by the owner of the site also and here leaves you with the option to either leave it on the site or withdraw it and secure yourself. I did not understand the form of the topic but I tried to give you some advice

[BTC Future 3946]

I don't actually know if there is a way to invest in an exchange. Perhaps the only way would be to buy stocks from them in a possible IPO, but this would be just for the big ones in the USA probably. Any other way of investing in an exchange would probably be just senting them funds, with no guarantee that you will be able to take them back.

[BrolySSJ 7899]

The risk of keeping your money in any sort of exchange platform is that the site may be hacked in which case you would lose all of your funds, or that the site or exchange will go under in which case it will shut down and you will lose all of your funds in this way too. When making an investment in a trade site make sure it is legit and only keep an amount that you are prepared to risk, because of the risks i have mentioned here.

[jacker 1095]

The exchange that leaves money there is certainly very dangerous. I never leave money there, absolutely never. As for the investment box, I invest only small in yobit. investing there can give me 1% -2% / day. It's pretty good.

[Virgil dijk 1431]

Well actually there are lots of risks involved in keeping your cryptocurrencies in an exchange site because you could loose it to scammers, but not all exchange site could be hacked , site like binance could actually be trusted.

[Ayush Singh 1175]

Yes investing in Cryptocurrencies with the exchanges is very much profitable if the exchange with which you are investing is good because in the market their are lots of exchanges which is of scam activities and while doing an investment with such exchanges can make you suffer from a huge loss so the risk is of choosing the exchanges. 

[Raqeebzy 6456]

Investing in cryptocurrency comes with some risks just like investing in any other businesses. The unpredictable price changes which can be affected by different circumstances is the main challenge. 

[malik6314193 5449]

Yes Trading is very profitable having low risks. I think only risk of losing is that if you buy crypto coins at high price and and after your buying price goes down. 

[Brushless4500KV 4214]

There is no problem if you invest in cryptocurrencies for a short period of time in exchanges. Many people are worried about the exchanges being hacked and they lose money but this often happens for people who have held large amounts of money for the long term in exchanges. For example, holding your capital for 2 years in an exchange is risky but it is quite safe to buy a coin in an exchange and sell it a week later. Fortunately, short term trading methods don't require big capitals. You can trade daily or weekly with only $100 and still earn satisfying profit.

[DavCrypto 298]

The main danger is that the platforms may be compromised and this has already happened before, so we keep our money in the wallet because it is safer.

[Thekingcallme 1975]

The risks are supplemented by a significant currency depreciation, thereby losing a percentage of the profits on the exchanger site

[Ridam 7455]

If you are going for trading then you can choose yobit for trading but if you like to Invest only the yobit investbox is also good option but you should know about the action that should be done there. 

[Mohssine 1725]

No my friend you can’t earn from exchange without doing nothing, is impossible, you have first to learn and get a good knowledge before invest your money, because you can lose your money if you don’t do this , so my friend be careful from the scammers , and learn how to trade , and chose a good exchange like yobit or Binance . But the knowledge is really important.

[George10 9932]

Investing in an exchange site can be profitable as you said but it can also be risk for example when theris a hack that means you will lose your investments and many more.

[teminalibug 309]

On 4/25/2020 at 4:00 AM, Depth Jonny said:

Any hackers still attempt to access web sites and user profiles, and if you have the crypt you should use the wallet There's one big danger to have crypto in trade.

And just because we use wallets, does not make us safe from scammers and somehow at least if exchange is hacked there is a chance to be compensated. To be safe in a wallet you must enable all the the security measures that the wallet requires even the optional ones.

[DokAgsikap 145]

On 4/17/2020 at 9:14 PM, Iamelneeno said:

You have 50/50% chances of profiting/losing from the your investment or trading. But so it is with real life business too. You have to take a risk for you to achieve great things in life.

In trading/gambling yes you need to take a risk, because most of the time there is no possibility that you will earn and get profit in your trades or bets, there will be a chance of losing.

[jamesvince 2389]

Investment in any exchange site and any other platforms which paid us on daily basis interest on our investment portfolios. Very risky because these sites can be gone from crypto market at anytime because many lending platforms steals funds from crypto investors. So don't invest on any this kind of sites. 

[Rendra808 92]

Of path, investing in exchanges is the first-rate kind of funding, however there are continually risks in investing, because making an investment is to buy a sure coin and positioned it inside the investment and take income on it day by day or monthly, however what if the price of this coin down, of direction, the capital will lose its cost It becomes less precious than the capital you positioned into the investment.

[Treat1234 0]

6 hours ago, EZAZ1212 said:

From my perspective I would like to say that there is no risk in investing in crypto platform because if you can invest on the right coin you would be highly profitable

There are risks that is involved in cryptocurrency especially the investment on exchanges, some exchanges might be scammers while some might be delaying your process of withdrawal, so you should know which kind of exchange you invested

[imr 43]

I think risk is always present, a pirate who recently passed a false profile takes someone else's place to see the risk rises but I would say with a little good management and luck and particularly suspicious it's just lucky.The solution is you have to choose the reputable exchange. 

[Eg0rchiK 6]

There are a lot of them, starting with the fact that the exchange itself may be wrong ( so you must check it ) and ending with the fact that you can not predict the exchange rate of the coin by 100 percent.

[bitcoin-shark 1928]

there is a great risk that the exchange will fail and we lose all the altcoins we left on it, perhaps it is more convenient to use the stake, making sure that the altcoins never leave our wallet...