Risks Involved in Cryptocurrency Investment

[Golden9]

There is so much volatility in cryptocurrency and that's the greatest risk anyone should be concerned about. A coin can go to zero in less than an hour, or pump to high heavens too.

Another risk is the lack of regulation. We can see new coins coming up daily, and for them to make money, other people are loosing money to them.

It's also prone to scams because it's relatively new, and a lot of people have limited knowledge of it. Doing your own research will help you avoid such scams.

 

[Smalto]

Thanks a million times for this, it's of great importance that we seek for proper and consistent knowledge while dealing with crypto, because thousands of coins that spring out daily without being properly regulated, so this can lead to one loosing a huge amount of money to fraudulent schemes.

 

[Niyi Briggs]

One of the risks of investing in crypto is that it is not regulated and the regulatory framework has not been put in place as yet. It might turn out that the regulations in the end do not favour those holding crypto.

 

[Bisolami]

There is so much volatility in cryptocurrency and that's the greatest risk anyone should be concerned about. A coin can go to zero in less than an hour, or pump to high heavens too.

Another risk is the lack of regulation. We can see new coins coming up daily, and for them to make money, other people are loosing money to them.

It's also prone to scams because it's relatively new, and a lot of people have limited knowledge of it. Doing your own research will help you avoid such scams.

The major risk is the volatility of the market. The prices of the coins are not stable and it will be vety bad if you invest in the wrong coin that will go down at anytime.

 

[Smalto]

Always make sure one is very much aware of the high risk involved in cryptocurrency trading, always do your own research in order not to fall into scam, because fraudsters are using the medium to rip off ignorant people.

 

[Suba]

Every investor will definitely study the advantages and risks of investing in cryptocurrencies, and in general crypto investors have an aggressive profile, so they will take high risks even though crypto is very volatile. Besides that, crypto is also very dependent on technology, especially blockchain and the internet. Without internet crypto will not work.

 

[timewo]

I agree that the crypto prices are very volatile they keep changing very rapidly. While there is less fluctuation in the price of some coins like Bitcoin, other coins like solana, cardano prices vary quickly.

 

[Authenticity101]

Cryptocurrency investments come with so much risk for sure. You have to be really careful when investing in them. Especially if it is a really new cryptocurrency. Most of them do not have solid projects and might disappear soon.

 

[Magnus2022]

Cryptocurrency is emerging market with a lot of risks. I don't trade cryptocurrency because it is volatile and most times fluctuates like mad. You need to have the courage of a gambler to succeed with cryptocurrency

 

[bestwriter]

I had invested in Nicehash and without checking its value I redeemed it and lost quite a bit.

 

[Ratine]

By the fact that the bitcoins is very volatile it brings about the risky part of it.

 

[Bisolami]

By the fact that the bitcoins is very volatile it brings about the risky part of it.

The risky part of BTC is what makes people run away from it because they never can tell if they will gain or lose and that’s just how funny the market is

 

[nomad]

There is no investment scene where there is not ant risk. When it comes to investment, everything is risky

 

[Bisolami]

There is no investment scene where there is not ant risk. When it comes to investment, everything is risky

Everything we in do life itself is risky so we just have to manage our risks by making sure that we make research before investing in anything

 

[Fidelia]

If you know that you are not very good with risks, just help yourself and invest in just bitcoin. It would give you peace of mind in terms of volatility. Altcoins are the greatest when it comes to volatility.

 

[King Belieal]

If you know that you are not very good with risks, just help yourself and invest in just bitcoin. It would give you peace of mind in terms of volatility. Altcoins are the greatest when it comes to volatility.

Investing in bitcoin is still risky in a way. There is no way that one won't face risks with crypto. You just have to be sure it is a calculated risk by not investing more than you can afford to lose.