Is investment in cryptocurrencies risky?

[Rashid]

Although it is risky but not too enough that you get big loss by that. If someone is wise bit, he will not get loss by investing . we should invest in long term as 2 3 month then after observing price of your coins going up amd there is much profit for you then sell them. If you see prices are going low then do not sell and wait for change.

 

[Kaindio Agnes Wanja]

This century is Cryptocurrencies century. Mostly investors ,invest in cryptocurrencies to get profit in future . According to my opinion, investment in cryptocurrencies is profitable but there is shadow of risk all the time.Because we don't know when the price will fall.
What is your opinion about this thing?

Is investment in cryptocurrencies risky?

Yes,in every investment or business it is very risky and it does not require faint hearted individuals for it may disappoint so badly.
We find it risky in a way where you can invest in it and loose everything due to rising and falling in prices.
So it needs you to be a risk taker and patient at the same time.

 

[Asad Ali]

Investing in crypto is a very risky process yet many people are investing in it very fast. By the way, every business is risky because you can be rich in an instant or poor in an instant.If you know the market and you do regular checking and invest in the right coins, you will probably make a profit, not a loss.

 

[Tariq Shehzad]

of course investing in cryptocurrency may be risky and alarming for you if you are not so much familiar with this strategy. It is a digital currency and can be there some problems with this currency.

 

[Sammyesx]

Personally I believe the only time investing in cryptocurrency is risky is when you are investing for short term, if you are investing for long term then you are likely to make profit, that Way the risk is reduced.

 

[Blue house]

I don't think there is any business that doesn't involved risk, every business in this life has it risk, crypto has it own risk, you have to understand the risk very well and ask from the experienced traders to know how it works.
All business has it own risk including crypto.

 

[Yasmin]

The risks of trading cryptocurrencies are mainly related to its volatility. They are high-risk and speculative, and it is important that you understand the risks before you start trading. Unexpected changes in market sentiment can lead to sharp and sudden moves in price.

 

[Chumzy]

When you invest in stocks and shares from stock exchanges around the world. It is assumed that there is an element of risk in that investment you made. Now imagine crypto currencies that are not regulated and then think about it.

 

[Judee201]

Taking Nigeria as a case study, investing in Cryptocurrency is not as rosy as many people think. Let me explain better with an example so you can fully grasp my point. Bitcoins are sourced in Nigeria through merchants. A lot of them (merchants) around today but one thing common to each and every one of them is that they buy and sell at fairly almost the same price.

 

[Hamza1999]

Investing in cryptocurrency is risky, to say the least. Of course, all investing carries a degree of risk. But you should always avoid unnecessary risks, especially when it comes to your hard-earned money. Don't play poker with your financial future.Bitcoin is at the (very) “high-risk” end of the investment spectrum. The price of cryptocurrencies is volatile; some can go bust, others could be scams, and occasionally one may increase in value and produce a return for investors.

 

[Good-Person]

I am writing this comment to provide information only. Well, yes, investing in cryptocurrency is a kind of risky business. There are many crypto experts who belive that investing in Ethereum might be a good option, as the price might rise in the future. However, this is just a prediction and it can go wrong at any time. There was a time when investing in crypto was very, very profitable. However, nowadays there are no guarantees. You might actually lose money rather than gaining. It might be profitable to invest in cryptocurrencies if you invest in crypto and sell it quickly when the price rises within a few days.

 

[Adetayo100]

Investment in crypto currency is very risky due to it very it unstable nature, you can invest in a coin today, tomorrow the coin losses it value, while it can rise up again after few days. Bitcoin is very risky business.

 

[Ezzyoj]

Every single investment comes with its own risk, all depends on the level of risk you can bear. No investment is free of risk. Being cryptocurrency, real estate, e-commerce, and other business. Just go any business you can accommodate its risks

 

[Adeyoola7]

Cryptocurrencies are volatile.
Investing in cryptocurrency is risky, to say the least. Of course, all investing carries a degree of risk. But you should always avoid unnecessary risks, especially when it comes to your hard-earned money. Don't play poker with your financial future

 

[Thosynho]

This century is Cryptocurrencies century. Mostly investors ,invest in cryptocurrencies to get profit in future . According to my opinion, investment in cryptocurrencies is profitable but there is shadow of risk all the time.Because we don't know when the price will fall.
What is your opinion about this thing?

Is investment in cryptocurrencies risky?

In plain term without mincing of word, investment in crypto currencies is risky because you could loose all your investment within a minute if you are not well trained in crypto trading and you could become a millionaire within some minutes too when you invest in right trade.

 

[Ub40]

I will start by saying that every business has one risk or the other associated with it and cryptocurrency is not an exception. Remember that cryptocurrency is volatile. The price can rise now and fall drastically in few mins, which may cause you to lose your money, which is the risk. So, no pain no gain. Just my take.

 

[Donkiz]

Cryptocurrency is definitely a high risk investment, it's a type of investment that can go either direction within a twinkle of an eye. Most people that makes good profit from cryptocurrency investment does that through long-term investment, which is the best form of investment in cryptocurrency.

 

[Yewande]

Crypto currency in investment is very risky but this risk reduce once you learn how to trade. I know a lot of person that are making cool money from trading. The secret is learning how to invest or trade.

 

[Chibson]

The only investment I don't consider as risky is real estate investment. Investment in cryptocurrency can be risky and also sometimes you need to understand that you need to take risk in order to win in life. Imagine those who invested in Bitcoin many years ago, most of them are now millionaires.

 

[Achawaskey]

Everything we do in life has his own risk, so inventing in cryptocurrency is not exempted. The volatility of the market is not a steady one, you have to study the crypto you want to invest, and it is good to invest in crypto for a long period so that you will get a sizable profit.