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Is crptocurencies safe investment?

  • Thread starter Thread starter Ashu
  • Start date Start date
Well, as far as you ate investing in the right way when it comes to your cryptocurrency investment, you definitely stay afloat with your investment progress.
 
Yeah cryptocurrency is a very risky form of investment , I think lot of people have made losses and may have also made profit from it , you just need to be more strategic when investing
 
Ehizzy1 said:
Yeah its a safe investment because if its not a safe investment then who would adopt and invest in it , also some countries won't even bother to legalise the use due to that i think , i just hope its been popularise more and more , so that more people and countries would adopt it
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The investment in cryptocurency is such that the investment is a decentralise form of venture.which is not controled by anyone reason it would be very difficult to do a naferious activity on those that has invested their money,except for the market fluctuations which can go up and sometimes come down.
 
Definitely cryptocurrency is one of the safest investment in which you can make online and start the chance of making a whole lot of money in return within a specified period of time provided you have the knowledge.
 
There is no investment that is safe because you have to have the mind before going into investment, is only those that have mind can invest.
 
Crypto currency exchange Business is a risky business and that is why there is Volatility in the business, you can either lose money or make more money with your capital
 
Well cryptocurrency investment to.me is more safer than most of the investment people have been making everyday because to my opinion I see cryptocurrency as a long time investment that is it made for the future that's the risk is always at lower risk when you are inferring to the future.
 
I will say depending how you go about using it, it might turn out to be a safe investment and might also turn out not to be a safe investment. You really should be able to understand your decisions before making them
 
If anyone tells you that there is no kind of risks in cryptocurrency investment, just know that it's a very big lie. It's very risky but it can as well be lucrative as well if you invest properly.
 
As long as you do not have a compulsion to sell during the dip and are financially capable to wait until the coin rises again, crypto currencies are perfectly save investment.
 
Nothing is completely safe when it comes to business or Investments but like @Nomad had said , follow the right guidelines and read about coins your self before taking decision. It is safe .
 
I can't consider cryptocurrency investment as all that risky. It will only be as risky as the level of knowledge you have of the tender. So learn before investing.
 
Cryptocurrency is relatively a safe investment if you really understand how it works. It's advisable to start small, learn and gather knowledge so as to know when to buy and sell to make profit.
 
If by safe you mean money then rest assured crypto currency market doesn't rib you if your money your money stay in your wallet but it's subject to go up or down depending on market trend
 
Yes you're right. There is risk involved in any and every form of Investment you can think of our there and cryptocurrency is not an exemption. You should take great precaution when investing your money on any cryptocurrency platform
 
Senator said:
Yes you're right. There is risk involved in any and every form of Investment you can think of our there and cryptocurrency is not an exemption. You should take great precaution when investing your money on any cryptocurrency platform
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True, as long as it's an investment, there would surely be risk involved. This is why before going into any investment, you should understand the risk involved. Many people go into crypto because they hear people making profits from it but they don't find out if they can cope with the risk.
 
All the kinds of investment especially the online investments are always subjected to market risks , same applies if you are into crypto investment. It's decentralised in nature which can be a benefit over than investments. You are the one who can secure your crypto by choosing right investment platform and an exchange and a trusted crypto wallet to store your coins.
 
Caali said:
No , it is the most volatile asset the world has ever seen. It has seen great upswing and downswing within seconds. The crypto price reacts almost immediately to any world news concerning crypto currency.
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I don't agree with you totally. Because if we talk about any coin then I will say that it is not safe as some coin are deceiving. But talking about the top coin will say that it is very safe. Because no matter how the price of the coin come down, it will rise back with patients
 
When it comes to the safety of investing in cryptocurrency everything depends on how you go about your investment because if you get too greedy you're definitely going to lose.
 
Using crypto currency as a means of payment is very ok as it is the fastest means ever and you get payment from anywhere around the world. Also, you can save it and hope to gain interest in the long run but then, there is always a risk attached to such situation, such as if the coin you saved with, goes down forever without rising.
 
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