Post
Topic
Board Altcoin Discussion
Re: How risky to invest in cryptocurrency?
by
Fiord
on 12/06/2018, 17:53:47 UTC
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?

The main advantage is that you are unlikely to lose the entire invested amount, although it is certainly possible to lose 90% of it. If you are a player, then investing in crypto currency is much better than just playing in casino for example.

How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?

It is risky for a beginner to invest in cryptocurrency because the price of crypto is volatile means it will go up or down without prior notice. So the best way for a beginner to invest is to invest to major coin like bitcoin and ethereum, then if you have more knowledge and experience go try your luck in investing to ICO.

I do agree with you? It is better to invest in bitcoin and ethereum, because thus coins are the most stable, if they grow then every other coin start co grow, but I think you should invest also about 10%-20% in many altcoins with low capitalization, sometime it appears to be very profitable.