Post
Topic
Board Beginners & Help
Re: Before Investing in Cryptocurrencies
by
ballerin and giroud
on 07/06/2018, 17:02:30 UTC
6 Things Good and Bad You Should Consider Before Investing in Cryptocurrencies.

1)- Potential returns can be massive.
2)-Inexperienced teams. I mean to say Bad Experience
3)-Liquidity
4)-Technical difficulties
5)-Transparency
6)- Security

I recommend using a cold storage wallet that lets you control your private keys. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place.

Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.
Yes I agree with that, earn money in cryptocurrency just like we work. We need effort to get the income we want, but the difference if working in a company the results that we will get is determined by the company, but in cryptocurrency someone can produce whatever he wants depends on the hard work that he did. At least 6 reasons above will be a special satisfaction for someone who wants to start, as we know a lot of negative news about cryptocurrency but with this thread will help restore confidence for newcomers.