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

[khan22 3478]

On 10/12/2019 at 7:58 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

 

 

So much risk that if we invest in the crypto market becasue the exchanges are almost fake and just the old and famous exchanges are good and real and they give you withdraw in real.

[Mosab73 333]

If investing in cryptocurrencies in exchange sites includes risks, then you do not need it. I believe that the penetration that occurs to some exchange sites makes investment in cryptocurrencies not guaranteed.

[The Game 2059]

Is not adviceable to keep your money in an exchange site because anything dangerous can happen to them either the site got hacked or your get scam easily. Always avoid an exchange site that is not fully recognized and approve.

[matias estigarribia 1605]

It is not advisable to leave our money in the exchanges due to the hacker issue, we all know that the security of the exchanges is not compared to the security of the wallets. I have also been working in yobit with the invesbox panel for a while and I have been obtaining very good profits, it is in each one and the risks that are willing to run.

[velasco19 1753]

Despite the great security of the exchanges, they have sometimes been violated by computer hackers and consequently they have stolen large sums of money in cryptocurrencies, the risk is that you do not control the private keys and in a hypothetical case you could not make claims for the loss of your assets.

[Jromz 2158]

I would say that the main risk of having one's crypto in an exchange for investment purposes is that exchanges will always be major targets for hackers to attack them, and it's likely that any exchange eventually may suffer an attack inevitably. Then it's not advisable to hold a big amount funds in exchanges but only that capital one can afford to lose.

[scofield64 943]

Yes, investing cryptocurrencies in an exchange site is really profitable but the risks is that leaving your money in an exchange site is risky because the exchange site can be hacked and you will lose all your money.

[khan22 3478]

Risk in investment in the crypto market is so much becasue if the exchange is hacked than our investment is zero or if the exchaneg is fake than also our investment is zero, so invest always in a good exchange.

[Mubiflow 1771]

On 12/3/2020 at 8:42 PM, The Game said:

Is not adviceable to keep your money in an exchange site because anything dangerous can happen to them either the site got hacked or your get scam easily. Always avoid an exchange site that is not fully recognized and approve.

@The Game you are absolutely right a lot if exchange site can get scammed easily but I don't know how secure yobit is I will like to know because I have been thinking of investing big here. As yobit have one of the best investment plans

[Serbberq 724]

Making investment in exchanger is good if the exchanger is real, the cryptoworld is full of scammer, make good research about the exchanger before making investment in it. And I recommend yobit as one of the best exchanger we can make investment. 

[Amir bhai 464]

If u take risks to invest cryptocurrency in different site. This is beneficial but sometimes sites can be hacked and you lose all your currency but it is risk. You can invest in different sites that give you lots of profit. So we can take lots of benefit. This is best way to earn lots of money. This is risk but its minor chance to scam so you should do it

[yonkii 3205]

On 10/12/2019 at 5:58 AM, Agios said:

will earn interest as a passive income, we don't need to do anything and every month we will get interest,

I don't think there will be a risk to stake the tokens you have if there are exchanges giving you this option. It is something that you did well to consider and I am also considering it. The risk is the price going lower, or the exchange having hack problems because we have seen so many getting hacked so far.

[Samotokika 1780]

No doubt investing in crypto currency is profitable but sometime it is a risk that maybe you get profit or loss.so you should not relay on it completely and  gain your experience in the crypto world then you can make investment in exchanging sites.

[Himu__69 632]

 of course investing in cryptocurrency on any exchange site is profitable. We can benefit without doing anything. But we need to know which exchange site is best. Good exchange sites are certainly reliable. Where you can invest safely.Spammers are everywhere , so you should go for popular  exchange side.

[Amna Hareem 1213]

On 10/12/2019 at 7:58 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

 

 

Thank you so much for this but I think it is risky we can loss our money and if you think it is right and profitable than you can do this because many Siple are doing this and earning profit but for me it is not good because I think I lose my money and it can be hacked so I never try this.

[Froshk 1828]

9 hours ago, Marksusan said:

Their shouldn't be any form of panic of afraid for storing your value with exchangers but the problem is the issue of hacker and scam site in some cases but first verified the website that it is legit and is safe then you can invest/store your coin and keep your data secure in order not to be tamper

It's most advisable to use a mobile or a hardware wallet rather than holding your funds on an exchange site, if paraventure something happens to exchange site then you risk loosing your funds forever 

[teebasas 3018]

Investing is a good area of profit and good gains can be made from it, but before investing, choose reliable sites so that you do not lose your money you can use the yobit investbox and it is a safe site.

[AL SHAIMON 1293]

There is always a risk of red market. Red marker means your invested coin price going down continuously. But if you can make your invest on a good coin you can earn huge by taking that risk. Always try to invest in many coins never invest in only one coin.

[guatazoo 7150]

The risk thats you can get from investing in an exchanging platform is as the following.

> Loosing in trading because of lack of energy

> Getting hacked from your account once someone has you account privact

> The exchange got suddenly shutdown because of some certain reasons. 

[abohasnn9 2401]

Dear friends, investing in cryptocurrencies is a very profitable matter, but we must choose a safe place for investment, as there are many sites and platforms that focus on investing by taking the deposit and not withdrawing profits from the platform or the capital also, so you should beware of such sites Thank you

[Amr90 1064]

You should find safe sites that pay and do not require a deposit after trying to withdraw,
Most of the crypto investment sites are scams, deluding a person that his balance is increasing, but in the end he is not able to withdraw
If you have an honest website and you have tried it then mention it to us so we can benefit all and thank you.

[Quickbee 26]

Investment always carries an element of risk.The market can turn against us anytime without warning. So one has to do adequate research into the item or coin you are about to invest in.

[koynayak 1923]

To be honest there isn't much risks investing exchange but you need to chose trustable exchanges, you can check the top 10 exchange from coinmarketcap. Exchangers can got hacker attack and you can lose your assets but it won't be problem if you use big exchange. When you take interest from some coin , that coin value can decrease, i think this is the biggest risk.

[Syriana 350]

I think that the risks that we could be exposed to is theft or hacking on my account, and this may lead to losing what I own and what I work for. Therefore, I do not prefer to risk and work in the stock exchange because if my money is lost, no one will compensate me for it with anything and it cannot be recovered, so I advise you to stay away from it

[MK AHMAD 1134]

The risk involved in investing cryptotalk currency in the exchange site are much because if one do not have enough knowledge and experience than it will lead to lost of capital and income and also it may fall in a wrong business if he did not which one's are profitable or not and there are other risks involve so let's be careful and take note