Post
Topic
Board Altcoin Discussion
Re: How risky to invest in cryptocurrency?
by
kasbon
on 06/07/2018, 04:05:07 UTC
How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?

For beginners, it is risky because they still have little knowledge about the reliable websites and campaigns to join to. They are highly at risk when it comes to scammers. Also if they don't know the analysis of the values, they might end up investing at a bad time. The least they can do is to ask the ones who already joined in crypto and have already a long time experience. Also, search as much as possible about crypto related topics like how the system works and how to see if the websites you join to is reliable and trustworthy.
the risks involved in investing we are able to receive large enough when the market situation decreased. indeed for a highly declining market capable of generating substantial risks, especially in a falling market. so it is very risky when getting a falling market situation.