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

  • Thread starter Thread starter Erik4150
  • Start date Start date
The worst thing that could happen is that the person could make huge loss ,after failing to make the right abd proper investment by investing properly
 
The worst thing that can happen in crypto currency market is the crash of the currency. For example, those who bought bitcoins when it was $50K have suffered heavily as the price is $37K
 
This is very simple. The worst that can happen in the cryptocurrencies investment space is that you can lose all your assets in the wallet to zero balance. That is the worst that can happen.
 
The worst that can happen to you investing in cryptocurrency is losing all your finances that is if you are a rookie and don't seek guidance from professionals before investing in cryptocurrency.
 
There is risk in everything we do in life, all we do is just try to manage the risk that is involved in the venture we endulge in and most times it is highly inevitable because as we know the more the risk the more the profit. So is crypto currencies.
 
the worst thing that can ever happen to someone in cryptocurrency is buying shitcoins with no reasonable used value and expecting it to last for a long time,it will crash and you lose all your money because most of the shitccoins are always pump and dump.
 
Currently now, nothing is going well around Cryptocurrency, my coins are simply draining down. But in the last 3 days their is an improvement.
 
Jlife said:
the worst thing that can ever happen to someone in cryptocurrency is buying shitcoins with no reasonable used value and expecting it to last for a long time,it will crash and you lose all your money because most of the shitccoins are always pump and dump.
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I have one of such coin and I regret not buying BNB instead. I won't sell though as I expect to see it rise in the coming years.
 
Bookwormlux said:
I have one of such coin and I regret not buying BNB instead. I won't sell though as I expect to see it rise in the coming years.
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There are some shit coins that have a good potential such as Shiba Inu and you can get it for long-term investment including the safemoon, I have most of this and the crashing of cryptocurrency do not really affect them
 
The worst that can happen while investing in crypto currency is when the currency project turns scam and the the founder run away with the money
 
The worst thing I ever faced while investing in crypto , dogecoin is when I bought doge once at $0.4 , the next day the price was down to almost $0.2 and still now it is same though I had made little profits from dogecoin trading before this.
 
To invest what you can not afford to lose and the market stated to go against you is the worst. And also investing in a new coin or coins that don't seems to appreciate after a long time.
 
I acquired some bitcoins when the price was $57K. Now the price is about $43k. I did not panic sell and I am holding my bitcoin with a hope that the price will improve soon.
 
They are volatile: unanticipated shifts in market sentiment can result in price swings that are both severe and abrupt. It is not unusual for the value of cryptocurrencies to decrease by hundreds, if not thousands, of dollars in a matter of seconds.
 
Well the worst that can happen is you invest in the wrong coin or make the wrong trade and you lose all your money. Worst case scenario. That is why it is important for you not to jump into it but learn and observer.
 
Erik4150 said:
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.
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Mistake is part of life, in the cryptocurrency world one cannot predict what will happen next, because the market is not stable, so just expect anything
 
One of the worst thing to happen when investing on crypto currency, is to invest on shit coins or scam coins. Coins that actually have. No value on the long run, another could be investing on a particular coin at the wrong time like when the price value is too high.
 
The worst that could happen when investing in cryptocurrency is when the price crashed. The beauty is that you could choose to invest in any of the scenarios. You would by the dip and sell when the price is higher.
 
The worst that could happen is the amount you would lose after investing investing in cryptocurrency due to the high volatility attached to cryptocurrency investment when trading
 
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.
 
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