Post
Topic
Board Beginners & Help
Re: Before Investing in Cryptocurrencies
by
Aztek
on 08/06/2018, 14:30:03 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.
We all know that cryptocurrencyctoday is obviously a really big thing when it come in investment even dough it is not made as an investment instead made as a cryptocurrency or a currencycto be use the demand of these token is really high in the market making it increase and skyrocketed its value in the market but still investing in this cryptocurrency doesnt give you a prpfit as always supply and demand always control the market.