What's the worst can happen while investing in cryptocurrencies?

[Erik4150]

I'm thinking about investing in cryptocurrency next year and I want to know what's the worst that can happen while investing in cryptocurrency. Is there any danger or red flag I should look out for?
I'm afraid of making mistakes.

 

[Sake]

Worst things can happen is when you invest for example in Bitcoin is when you buy right now and the whales starts to dump their holdings it will make the price go a lot lower than the price you bought it for. In some other coins that's fairly new it can even lose all it's value overnight

 

[Ralphjoe]

The worst thing that can happen to you in the course of investing in it is when you lost a huge chunk of your investment, it can be so painful, That's why it's advisable to invest what you can easily loose.

 

[Oscar]

The risks of trading are very high and this is because of the high volatility in the crypto market. For example you may purchase a coin and the value may drop so drastically that before you even get the time to sell you'll have lost a lot of money. If is this same high volatility that makes cryptocurrency trading also profitable.

 

[Kayzzy3]

I'm thinking about investing in cryptocurrency next year and I want to know what's the worst that can happen while investing in cryptocurrency. Is there any danger or red flag I should look out for?
I'm afraid of making mistakes.

One bad thing that happens investing in crypto is dumping of the project by both the creator and subscribers. This is what usually kills a crypto project.
Some starts strong but when people start dumping it, it's price crashes and money is lost.

 

[tuna89]

The worst happens when a forecast goes wrong, buying a coin at a higher value and you end up selling at a lower value which can be frustrating, another thing is holding a crypto for years without a tangible increase in its value, these are some of the things that make crypto worth studying.

 

[Suba]

Now many people are attracted to crypto (Bitcoin) because the price has gone up drastically. This Fomo will make the price of Bitcoin even higher, Crypto has a volatile character which is a risk that must be faced by market participants, who invest in bitcoin.

 

[Dubai]

Well, many things could go wrong when trading with crypto currency. You could lose all your money if care is not taken either by scammers or by trading unwisely.

 

[Patrik]

The worst thing that can happen is when you sell due to a drop in price, which means rushing and taking quick decisions, lot of people lost lot of money coz of that, but it's actually something usual

 

[Donkiz]

I'm thinking about investing in cryptocurrency next year and I want to know what's the worst that can happen while investing in cryptocurrency. Is there any danger or red flag I should look out for?
I'm afraid of making mistakes.

Every business comes with its own risk and cryptocurrency business is not an exception, infact it's actually regarded as a high risk business for a good reason. The worst that can happen in Cryptocurrency business is that you will lose your investment money, hence it's important that you make proper research before investing.

 

[Lagazine]

The worse thing that can happen to cryptocurrency is for coins value to fall. If the value falls, its going be a disaster to all investors who are just investing on the coin and not those who are in the business for years. I know bitcoin will soon fall, to get more investors.

 

[Prettybabe]

What is the worst that can happen? See, the worst that can happen when you invest in cryptocurrency is that the price might go very low than you bought it and you might never recover your money.

That's the worst... But do not allow fear stop you though.

 

[Niftyyem]

The worst that can happen is for the coin you invested in to falling price and most times if you are patient enough, you may still get some profits. That is why I prefer investing in popular coins, though the price may fall, it will still come back up.

 

[Goodday]

I'm thinking about investing in cryptocurrency next year and I want to know what's the worst that can happen while investing in cryptocurrency. Is there any danger or red flag I should look out for?
I'm afraid of making mistakes.

The first factor you must consider in crypto investment is never to invest an amount of money you cannot aford to lose incase a loss occurred ( which is the worst thing the worst thing most people don't consider in crypto and end up making unrecoverable loss )
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I'm thinking about investing in cryptocurrency next year and I want to know what's the worst that can happen while investing in cryptocurrency. Is there any danger or red flag I should look out for?
I'm afraid of making mistakes.

The first factor you must consider in crypto investment is never to invest an amount of money you cannot aford to lose incase a loss occurred ( which is the worst thing the worst thing most people don't consider in crypto and end up making unrecoverable loss )

 

[Bilal0087]

I'm thinking about investing in cryptocurrency next year and I want to know what's the worst that can happen while investing in cryptocurrency. Is there any danger or red flag I should look out for?
I'm afraid of making mistakes.

There are both chances it can happen the best are the worst, if you are going to invest in cryptocurrency you must be prepared for both conditions.
The worst thing that can happen is you can lost all of your investment suddenly because there are no prediction in cryptocurrency

 

[chicnthin]

The worst thing is when its value decreases drastically. But then trading and investing always comes at risk. Before you do any kinds of investments, you should have made up your mind and ready yourself with profits and losses.

 

[Aniwhyte]

The worst that can happen is buying at a very higher value and suddenly price dropped below standard, you would be loosing a lot of money which is quite very painful. I don't prays for such to happen to even my worst enemy.

 

[Naz Noshin]

Worst things can happen is when you invest for example in Bitcoin is when you buy right now and the whales starts to dump their holdings it will make the price go a lot lower than the price you bought it for. In some other coins that's fairly new it can even lose all it's value overnight

You are right, but the price of popular cryptocurrencies also increase after they drop. What do you think about it?
Like Bitcoin price decreased in the start of December 2020 and it raised again .so I think decrease in a popular cryptocurrency is not matter of tension for investors.

 

[Setho]

In life we should be conversant with taking risks and am glad you are about to take that. In the market there are people who are called whales who have a lot of bitcoin. The worst that could happen is when they start to drop their coins and that would male the price to reduce drastically.

 

[WhiteHouse]

r
Risk to total misfortune because of your trade account getting hacked. Accordingly it is suggested that you put resources into disconnected cold stockpiling, rather than keeping your crypto on the trade house organization .

Volatility is part of the exchanging, so I won't think of it as a significant danger, I'll simply term it high danger/high prize marvel . You have etherum going up by 4000% in a half year, that is enormous, yet in addition u need to know etherum can implode 4000% in one month (this doesn't appear to be likely however, at the present status, yet a period may come), thusly you need to realize how to take benefit and not be eager.