Is investment in cryptocurrencies risky?

[Setfragil]

Life itself is risky so also most investments, to invest in cryptocurrencies you must have a vast knowledge on it. When I first started investing in cryptocurrencies I lost a lot of money, now that I understood it better I know when to invest, how to invest and when to call it quit.

 

[Michaellee]

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?

It is risky and at the same time it is not risky. It us risky in the sense that , if one do not sturdy the strategy of cryptocurrency it will be very risky. But if you know the risks involved and know how to GI about it then it will be profitable. Cryptocurrency is a very good investment

 

[chommyluv]

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?

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. They are volatile: unexpected changes in market sentiment can lead to sharp and sudden moves in price.

 

[Caali]

There are many risks out there in the world of crypto but one will have to do a lot of homework before investing into it. My personal experience is with Bitfreezy although I had no clue regarding Crypto currency. A friend of mine told me about this and when I had a visit to their website I gave it a try.

 

[bhennie]

The word investment has already made whatever business you want to invest in a risk. Now when an individual decides to start something new, there is already a risk that has been incurred. The business is either going to fail or succeed, like wise in cryptocurrency, there is always a risk involved in it, that’s why it’s advisable to understand the risk involved before investing

 

[Xerryl]

I believe that there's no investment without any risk. Specially on Cryptocurrencies if you choose to invest on new coins to be exact. If you invest on coins like Bitcoin then it has a lesser risk since it wouldn't just drop to 0 value anytime

 

[kayode10]

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?

Investing in cryptocurrency can only be risky when you don't know what you're doing. it can also be risky when you lack focus you started jumping from one cryptocurrency to another. In order to minimise the risk, you have to know what makes the price of the cryptocurrency you want to invest to fluctuate in the marketplace. Seek opinion of the expert on the particular cryptocurrency you want to invest into before you go ahead to invest.

 

[Aniwhyte]

Yes investment in cryptocurrency is very risky because after investing and it depreciates massively, you're sure going to loose more than half of your money and when such happens you would be so tempted to take the remaining balance out, unless you planned leaving it for long term gains without checking on it.

 

[Segat]

I think its not investment in cryptocurrency alone, all investment are risky because you are not the one controlling or regulating it. So you must be calculative in your risk taking.

 

[Georgeadawara]

It depends on the market investing in crypto currency is very common aniuas oa small level of risk attached toeit the crypto currency can change at anytime liy today the price of 1 bitiis more than 20 million naira.so I you can make Along time investment in crypto currency it is very important.

 

[Princeeffiong]

There is no business without risk. The only risk with crypto currency is when you spend so much million to buy crypto currency and you didn't monitor the market to know when to sell so as to make profit, you will end up loosing money. When the money is invested with the crypto currency company you are safe but you can't arrest anyone if anything goes wrong since you don't know the person you have your money.

 

[Segat]

Yes investment in cryptocurrency is very risky because after investing and it depreciates massively, you're sure going to loose more than half of your money and when such happens you would be so tempted to take the remaining balance out, unless you planned leaving it for long term gains without checking on it.

That's the issue before investing feasibility study is important and you settling maybe its going to be short time or long time and always prepare for a two result but always be optimistic.

 

[eenya00]

Every form of investment carries an atom of risk and cryptocurrency is not exempted from it. Despite cryptocurrency being a very risky venture, it is still one of the most rewarding investment of the last five years and has made much more millionaires than forex trading ratio.

 

[Profuk57]

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?

No matter how you want to look at it investing in cryptocurrency carries.
A lot of risk what I think cryptocurrency can also be investment for the future.
I'll see you now. The future is risky, because nobody really knows what the future holds.

 

[Aniwhyte]

Every form of investment carries an atom of risk and cryptocurrency is not exempted from it. Despite cryptocurrency being a very risky venture, it is still one of the most rewarding investment of the last five years and has made much more millionaires than forex trading ratio.

You're absolutely right on this, there is no investment out there that doesn't carry one risk or the other, every single investment carries its own risk and cryptocurrency isn't exempted. Few weeks ago I lost almost all my life savings to cryptocurrency due to an uncalculative investment I made on it.

 

[Hasan Raza]

Each business has a risk, Investing in cryptocurrencies is very risky since, in such a case that you have tolerance, you recuperate your cash. However, in the event that you are apprehensive in light of the fact that the cost of the cryptocurrency you put resources into is going down and you sell them, you may lament your activities over the long haul.

 

[unhappy triad]

That should be cryptocurrency. I already feel like given up. I have lost some funds before in crypto trading but this is too much. Just when I entered the market everything became unstable. A free fall.

 

[Dowenship]

Even though we believe that Crypto currency is the future of transaction so its better to invest in it but i think its time for us to stop deceiving ourselves because the effect of governments regulations can crush the crypto world down.

 

[Lyrrex]

Yeah off course it is the most risky investment according to my opinion, because its price is always unpredictable and you can earn more or less, but also there are chances of getting loses, so you must be prepared for both circumstance

 

[Shigobad2020]

For now , investment in crypto currency is not risky but yielding and providing good outcomes, investing in crypto currency like bitcoin , litecoin and ethereum right now is like minning gold, but we don't know what might happen in the nearest future.