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

[Usman Sattar]

They are volatile: Unexpected changes in market sentiment can lead to rapid and sudden price movements. It is not uncommon for the value of cryptocurrencies to fall sharply by hundreds, if not thousands of dollars.
They are out of control: Cryptocurrencies are currently deregulated by both governments and central banks. Recently, however, they have begun to draw more attention.

 

[LaylaG]

the worst thing that can happen to you when investing in cryptocurrency is having the price of cryptocurrency turning against you sometimes this can make you to have a lot of loss because if the price turn against you your cryptocurrency value will reduce. That is the worst.

 

[Smithkid]

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.

 

[Sotherefore]

The worst thing that can happen to you when investing in cryptocurrency is to invest in a room cryptocurrency that instead of the cryptocurrency to go up is becoming down and you lose up all your money, investing in the right cryptocurrency is the best one to enjoy cryptocurrency.
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The worst thing that can happen to you when investing in cryptocurrency is to invest in a room cryptocurrency that instead of the cryptocurrency to go up is becoming down and you lose up all your money, investing in the right cryptocurrency is the best one to enjoy cryptocurrency.

 

[KvngMurphy]

The worst thing that can happen in trading Crypto currency is that you can loose all your investment and run in losses in a very short while. Although the way u asked the question doesn't go down well with me but I understand it's because you haven't invested any amount yet. If u had an investment in Crypto currency, that question would have given you goosebumps because it's unimaginable.

 

[Profuk57]

I think it is obvious that the worst thing that can happen to you when investing in any type of cryptocurrency is that if you buy the cryptocurrency when the price was high and all of a sudden the price begin to drop to lower price, as a result you lose your fund.

 

[Veetos12]

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.

By far the biggest issue in the cryptocurrency market is the excessive volatility. The prices of cryptocurrencies on exchange platforms rise and fall dramatically over a short period of time. When a tradable asset can drop by as much as 49 percent in less than 24 hours, then the volatility of the market is high.

 

[GIFTMICHAEL]

There is no such thing as worst thing that can happen. In business two things are involve either you win or you loose.
As an investor you have to design the kind of business you want to invest money.
Cryptocurrency is not a risk business there are so many people who are making huge profit in the business.

 

[Jlife]

What else will be the most dangerous things that will happen to someone than for you to save your money in your cryptocurrency wallet and the price of cryptocurrency becomes lower and you are running at loss or an hacker have your cryptocurrency account and wipe it out,?

 

[Joshigher]

It's best u invest wat u can afford to loose because as much as cryptocurrency is one of d big game it's a volatile market with so much fluctuations in price except u are not in hurry to make gain because patience is key

 

[adazeez1995]

The worst thing is that prices might crash terribly one day, sooner or later, nobody really knows. Just as how prices rice exponentially beyond imagination. Sadly alot if people would suffer from very huge losses and run in debts. B

 

[Chumzy]

Even if the value goes down I might not feel too sad. The main problem will come from losing your coins entirely to scammer or hackers. Problem is you can't report or take any action because it is not regulated.

 

[Alexandoy]

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

That whale is always on my mind. It seems to me that there are forces that are controlling the price of crypto currency particularly Bitcoin. Naturally the price will go down when there is more supply than demand. There is the thing called panic selling that once there was the spark of over supply those holding the crypto would tend to sell so that the losses can be somehow mitigated. That is a good food for thought, the whales in the crypto industry.

 

[Roysnickz]

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.

Crypto currency investment is one of the best investment you can ever make. The value of various crypto currencies keep going higher as more people and countries accepts crypto as a means of payment.
But just like with every other investment, there is risk attache.
You have to understudy the crypto currency investment well before going into it

 

[Sake]

That whale is always on my mind. It seems to me that there are forces that are controlling the price of crypto currency particularly Bitcoin. Naturally the price will go down when there is more supply than demand. There is the thing called panic selling that once there was the spark of over supply those holding the crypto would tend to sell so that the losses can be somehow mitigated. That is a good food for thought, the whales in the crypto industry.

That force is the elites who invested millions of dollars into a certain Cryptocurrency, they are the ones in control of the price, they can higher the demand by buying and holding their coins, and when they decide to dump the price will have a sharp drop.
It's awesome since you can join them and sell before they do.

 

[Segshowee]

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.

Cryptocurrency is highly volatile. In the event of dip, the worst that can happen is loss of money invested. It is advisable not to invest money you cannot afford to lose into Cryptocurrency.

 

[Halexcity]

I think the worst that can happen when investing in crypto is when the coin fall with higer price. Crypto can not crash because it a discentalise platformthat can not be hacked.

 

[Asad Ali]

The dangers of buying and selling are very excessive and that is due to the excessive volatility withinside the crypto market. For instance you can buy a coin and the cost can also additionally drop so notably that earlier than you even get the time to promote you will have misplaced a number of money. If is that this identical excessive volatility that makes cryptocurrency buying and selling additionally profitable

 

[idhans]

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.

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 worst that can happen to anybody is jumping into cryptocurrency investment without good knowledge, and history of the coin that you wants to invest in. When you do your analysis very well, and calculate your risk, then you will always be on the safe side.

 

[jimmann247]

The worst thing that can happen to your investment in cryptocurrency is been lower in value if the coin does not have demand, and it depends if you invest in stable coin stake or savings, your money will remain intact while you profit on it. Yes, no lose with stable coin.