Investing in Cryptocurrencies risky?

MoneyTec Forums Cryptocurrency Investing in Cryptocurrencies risky?

This topic contains 9 replies, has 10 voices, and was last updated by  george 2 months ago.

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  • #1472

    FxTT
    Participant
    • 24

    I know that risk is there for any and every investment. But, do you guys think the risk is a bit too much? I always fear to make investments! But I can’t close my eyes to the way Bitcoin is moving and is now near $10,000. I fear that what if the government of various countries takes combined action; it can really make Bitcoin go down badly. So, what do you guys think? Is my fear right or wrong?

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    #1502

    OctaFX_Farid
    Participant
    • 28

    Right now there is no down button with Cryptos. Although, it is obvious that with investment there is always risk but things are extremely different with Crypto markets for last 1 year, at least. There is just no downside whatsoever. It’s just going up and up, so I think it is a risk worth taking right now with making investment on these Cryptos.

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    #1518

    ImBustedNoob
    Participant
    • 23

    Actually, I feel opposite way. I believe NOT investing is risky right now. With the kind of level that Bitcoin and all other Cryptos are on, it will be crazy not to invest in it IF you can afford it.

    I came in very late, but still, I was able to gain plenty. And, I absolutely feel this is just the beginning of a lot to come by!

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    #1540

    Peter Parker
    Participant
    • 29

    The risk is obviously there with any investment, so you need to look at the potential. That got to be on the high thing and that’s where Cryptos are certainly there. With options like EtherSport, it is absolutely brilliant option with monstrous potential there. It’s based on decentralizing online lottery platform; it is built on Ethereum blockchain and smart contracts. So, it is absolutely mind blowing opportunity that is just not to be missed, as the 21st December is the last date before the token sale.

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    #1601

    DDRB
    Participant
    • 14

    Just few weeks ago, I thought that Bitcoin might not cross 10k, as it was a too big milestone. But it went pass by it and now near $15k, it’s just crazy and I can’t believe my eyes!

    I seriously don’t know what to say about investment into Crypto, it is a too big opportunity but can be extremely risky too. If we are brave enough then we could gain immensely from it.

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    #1640

    FXGuru
    Participant
    • 34

    If you don’t take a risk with the situation like it is at present, then I absolutely believe that you are committing a huge mistake. You just can’t leave this out. Right now, if you are capable of making the investment, then you just for no reason can ignore Cryptocurrencies. I don’t want to talk about Risk and all that, as other aspects are more powerful!

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    #1673

    Alex
    Participant
    • 18

    I always felt that investment in Crypto was risky. But I have changed my mind now. I believe it is worthy of making the investment into this. We could gain a lot right now.

    But of course, it is important not to pour in all the investment, as that could be too risky. Just go for manageable amount instead of too much.

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    #1692

    Remphan
    Participant
    • 14

    Bitcoin mixing services are good to stay anonymous in blockchain network and let nobody know how much money do you really have. If you looking for some relaible btc mixer – here it is https://bitcoinmix.org . I’m using this one.

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    #1715

    profitmaniak
    Participant
    • 16

    Yes, it is risky but that should be very much alright to me. If I have to risk $100 and I have a chance to get $500, I will not mind taking such risk.

    However, let’s be clear, I am not talking about the gambling kind of approach, as that’s just not on and not beneficial to anyone out there.

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    #1767

    george
    Participant
    • 16

    The kind of rewards that are there to be had, I am very much okay with the risk that’s there. I do feel it is not the right investment for those who are looking for 100% security, but otherwise, it is a very good option and one that is truly not to be missed right now. My humble opinion is that it is likely to go very high in coming days/weeks, so we need to be extremely watchful with all that.

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