Is crypto safe can we buy in it

[Skysaint]

Definitely, crypto needs researches before investment, you can make big profits if you invest wisely and also you can lose everything if you invest without knowledge.

I don't think anyone would give the poster the assurance that he is looking for because in the end, it's something that would depend on you; how good you're with trading in the market.

 

[Shortie]

I guess with something like Cryptocurrency it's normal for you to be concerned and worried especially if you are wanting to invest in it. I would always suggest investing a small amount if you want to try it out as I have done in the past myself and then see where it goes. If you only invest a small amount into it there is little chance of you losing a lot but you could also learn a lot from that small investment.

Crypto is still very new and with more and more different kinds of crypto coming to light, it can make it difficult to work out which one is trustworthy and safe. Always make sure you do your research into each kind of crypto though just so you have an idea of what to expect and anything you should avoid.

 

[Sotherefore]

Not all cryptocurrency are worth investing on. Reading and checking back on some crypto projects that started earlier last year some are no more in existence.
People may just be lucky that they haven't encountered such cryptocurrency to a point of investing but that doesn't mean that you shouldn't carry out research and know exactly the project you are investing.

This will be the best time to invest if you have the money to do so.

 

[Skysaint]

There are cryptocurrency coins that you can be comfortable investing on but I would also like to put it to you that there's no cryptocurrency that is safe as long as volatility is involved. You will just have to make your research, invest in potential coins and hope for the best.

 

[Agbalagbaa]

I don't think that it is safe to buy cryptocurrencies at the moment because the market is currently trending. And it is a bear Market, you could lose money there .

 

[Nomad]

Crypto is safe. I have been using crypto since 2016 and I have never lost my crypto assets. However, this doe snot mean you also cannot lose your assets. Sometimes if you make a single mistake, you can lose your entire assets.

 

[Chibson]

Investing your money in cryptocurrency because you see people doing so is not advisable. You need to make a proper research before you put any of your money in cryptocurrency.