Is it okay for a student to invest in cryptocurrency?

[tyrim88]

As a student myself I always asked this question if a student is capable of investing in a cryptocurrency with great skill and knowledge, he/she will have a secured future if ever the investment went successful. Any guides or tips will help.

You will really need to understand the basics first and then practise with a demo trading platform and then master how to trade from there,before you can then think of going into realtime trading.

 

[frederick_9]

Investments are dangerous no matter how they are made, but cryptocurrency is one of the riskier options available, according to Consumer Reports.
However, some of the hottest commodities right now include digital currencies.
Cryptocurrency investments are open to everybody.
Whether you are a student or not is irrelevant.
Actually, I'm still in school myself and I have a small cryptocurrency investment.
You can invest if you have the funds available.

 

[Immilash]

I think if you have the proper knowledge on how to invest your money that will be a good idea, students can also invest their money on something like cryptocurrencies.

 

[Mohammed Rashid]

It is advantageous for a student to invest in cryptocurrency. A student's decision to invest will be advantageous as long as they have the necessary capital. They can secure a better future if they are successful after school based on the plan they choose.

 

[Skysaint]

A student can invest in cryptocurrency but not just any student; only ones who are well trained and know a thing about trading in the market. Otherwise it will end up causing psychological trauma to the victim.

 

[Sotherefore]

Yes with extra money and savings and not with your school fees , that is something students must understand because there is a lot of unpredictability in the price of cryptocurrency as a whole. You won't know when it will drop.

 

[Eli342]

If a person has any understanding of cryptocurrency, they can invest in it. I won't suggest someone invest in anything they know little to nothing about. I personally am a student who invests in cryptocurrencies.

 

[Bigi_]

Anyone can invest in cryptocurrencies. It doesn't matter if you are a student or not. Actually, I myself am still a student and have invested a little bit in virtual currency. If you have money, you can start investing more and more.

 

[Sincerem]

A student can invest in cryptocurrency but not just any student; only ones who are well trained and know a thing about trading in the market. Otherwise it will end up causing psychological trauma to the victim.

I will encourage students to invest in cryptocurrency with their spare cash and not really the money they will need urgently in the school. Cryptocurrency may last for a long period of time and the value will always be on the increase side.

 

[Skysaint]

I will encourage students to invest in cryptocurrency with their spare cash and not really the money they will need urgently in the school. Cryptocurrency may last for a long period of time and the value will always be on the increase side.

Investing in the cryptocurrency market is just like investing in any other project, you will only have to invest what you can afford to lose and the amount you won't be needing for some time. It has always been like that.

 

[Ronny_4son]

As a student myself I always asked this question if a student is capable of investing in a cryptocurrency with great skill and knowledge, he/she will have a secured future if ever the investment went successful. Any guides or tips will help.

Without a doubt. I believe that a student can venture into cryptocurrency investment provided that they possess extensive knowledge on the coins such as their trends on the crypto market

 

[Smiles20]

The cryptocurrency space is something that is pretty much very early and there's a lot of opportunities somebody can explore there. A student should very well invest in cryptocurrency but then they have to be very careful about risk.

 

[Skysaint]

I am a student and I'm investing in cryptocurrency market and it's just all good just that the cryptocurrency market is really not doing so good in the past couple of months.

 

[Riberet19]

Yes, why not? My brother is still a student and he invests in cryptocurrencies from time to time, only a small amount that he does not mind losing, you should see what your budget is, study the asset and decide how much to put in it according to what you can afford and according to the confidence you have in this one based on your previous study.

 

[Planbizzle]

As a student myself I always asked this question if a student is capable of investing in a cryptocurrency with great skill and knowledge, he/she will have a secured future if ever the investment went successful. Any guides or tips will help.

It is not advised for students to invest in cryptocurrencies because of the high danger and unpredictability of the market. Moreover, individuals should only invest in cryptocurrencies after doing detailed investigation on the asset, comprehending the dangers involved, and having a well-defined investing strategy.

 

[Sincerem]

I am a student and I'm investing in cryptocurrency market and it's just all good just that the cryptocurrency market is really not doing so good in the past couple of months.

The cryptospace has depreciated some of my investment I did in the past. But that is not even a problem because the bullish season might take over and I will be able to recover all the money I have invested.
There is absolutely nothing wrong if you invest with extra and spare cash you will not need urgently.

 

[Skysaint]

The cryptospace has depreciated some of my investment I did in the past. But that is not even a problem because the bullish season might take over and I will be able to recover all the money I have invested.
There is absolutely nothing wrong if you invest with extra and spare cash you will not need urgently.

You're right about that. If you give it time, there's always the possibility that you get to get back your lost investment from the cryptocurrency market and that's actually the reason I don't see investing in cryptocurrency as gambling.

 

[Sincerem]

You're right about that. If you give it time, there's always the possibility that you get to get back your lost investment from the cryptocurrency market and that's actually the reason I don't see investing in cryptocurrency as gambling.

That's true , It may really be a gambling if you are investing for short time or you're using the money you will need urgently . The reason why I even allowed it for so long was because I was not needing the money urgently.

 

[Skysaint]

That's true , It may really be a gambling if you are investing for short time or you're using the money you will need urgently . The reason why I even allowed it for so long was because I was not needing the money urgently.

I am actually a day trader and it's not gambling. The reason bus because I would never exit a trade without making profits from it and that's just how it works. I will definitely wait till I see returns on my investments.

 

[Ononivami]

Of course, a student who has the cryptocurrency savvy should be able to trade cryptocurrency successfully along side his education without having any hiccups because crypto is very simple to trade.