Is crptocurencies safe investment?

[Husnainali]

Cryptocurrency exchanges are subject to hacks and other criminal activities. These security breaches have caused huge losses to investors whose digital currencies have been stolen, never to be seen again. Fraud and scams are also rampant in the corrupt industry.

 

[zenith]

To me cryptcurrency investment is safe no matter what those central bank or whatever they call their selves are saying.this is an investment where within a short period of time you make money that is if you really understand it and you know what you ate doing.i can comfortably invest in it without any fear so those central bank guys should maintain their lane.

 

[Prettybabe]

There's actually nothing in this life Worth doing that does not involve risk. The only thing is that how much of the risk are you willing to take? How much?

If you consider the gains in cryptocurrency.. you'll go for the risk.

 

[Blessedsam60]

Crytocurrency investment is a safe investment but make sure you are investing rightly. Do you want to buy crytocurrency and keep for future when it increases you sell it? Or you want to trade crytocurrency? Either of the two ways are nice.

 

[Sad56]

Yes of course it is safe currency or safe for investment. Millions of people tend to invest in crypto currency, some invest for short term some invest for long term. You should invest long term if you need profit and vice versa. Yes i also agree with your point do mot put hand earn money in it

 

[Thosynho]

Investing in any medium is risky i know, specially we should avoid unnecessary risk when it comes to our hand-earned money. For crptocurency same things apply.

I do not think crypto currency is a safe investment for a novice or untrained person. Even the professional traders still loose money to forex and crypto currency trading not to mention an untrained fellow. You could loose all your money within a minute.

 

[Donkiz]

Cryptocurrency is a high risk business and anyone that invest in it is expected to know that he/she has invested in a very volatile commodity that has the potential to make you rich overnight or bankrupt you within a twinkle of an eye. Therefore it's very important not to invest all your life savings on cryptocurrency.

 

[Tariq Shehzad]

Truly it's extremely protected to put resources into digital forms of money insofar as the wallets you are exchanging with is gotten. A companion of mine once got defrauded from utilizing a phony Crypto wallet and since the time he's been discovering bit hard to exchange crypto.

 

[Abdul Naveed]

Cryptocurrency is by no means the only asset hacked by thieves, but with bitcoins there are serious risks of fraud and theft. For example, novice bitcoin investors may not understand the need to store their tokens in a digital wallet, which can lead to theft by hackers.

 

[Asma]

Now a day crypto is becoming more valued then any one currency but for investing in crypto currancy firstly you about any thing about that because investment its risky decision and in crypto value continuously changes these may suffer investment..

 

[ossai]

Investing in any medium is risky i know, specially we should avoid unnecessary risk when it comes to our hand-earned money. For crptocurency same things apply.

It is okay to invest in cryptocurrency, but not when it has become to high to purchase, you can get it when it was still cheap and watch it grow, cropto is a long-term investment , that you have to have possible belief about it, you see who knows about bitcoins, everyone in my country sees it as scam not until turn around came to it .

 

[touseefsaeed]

This is not possible that you think of an investment and risk not associated to that investment. There is no investment that do not involve risk. however, You can reduce risk by getting knowledge, suitable skills and strategies. You can minimize the risk, not remove the risk.

 

[Sana Diyar]

Investing in any medium is risky i know, specially we should avoid unnecessary risk when it comes to our hand-earned money. For crptocurency same things apply.

these days, you might be seen as behind on the times if you don't currently invest, or if you have never traded a single Bitcoin, Ethereum, or Litecoin in your life.
Like it or not, cryptocurrency is practically everywhere these days and no longer just for day traders and nerds. In fact, many traditional businesses are integrating cryptocurrency into their platforms in some form, or using it as a means to launch other types of products.

 

[Lyrrex]

Yes it's very safe to invest in crypto currencies so long as the wallets you are trading with is secured. A friend of mine once got scammed from using a fake Crypto walletand ever since he's been finding bit difficult to trade crypto.

 

[kayode10]

No investment is 100 percent safe. Infact, nothing is 100 percent safe in this world. You can only minimize risk involve in the business but you can't completely eradicate it. Before you invest in a program or a cryptocurrency, you need to first do due deligence, and do some findings before you invest.

 

[btaliat]

No investment is save. The only time you are sure of getting your money is when the prediction favours you. Investment can either go your way or against you. That's why it is better to invest with what you are comfortable with to lose.

 

[Highflyer]

Cryptocurrency is safe investment, though it can drop in price crazily at any time too. With the recent rise in the price of Bitcoin, many people will still invest in this great coin, Crypto is a good investment when you do things right.

 

[iamgroot]

Cryptos are good investments as i see. You need knowledge and skills to make a profit here. Cryptos move fast, in the blink of an eye its price can pump, and it can also plunge down. So you need to know which of the coins has the potential to increase in value, and you know how to turn your investment into coins. A group and source will help you to give you a signal on which coins are making a profit and what coins to avoid.

 

[Cybersec]

Since the price is not stable and you can loss all your money all of a sudden if the rate of the coin drop
Then it's not a safe investment
It's a risky investment and you should be very careful
You should have the necessary knowledge about crytocurrency before investing

 

[Ridorz]

I can say crypto currency is the most of investment that save if you make it saves by using a strong password to it and disclose it to no body. The only thing I can say about crypto currency is that there is no guarantee of a quick profits if you invest on it.