Post
Topic
Board Altcoin Discussion
Re: What are the Real Risks of Crypto?
by
South Park
on 29/12/2018, 23:04:48 UTC
I think for me, the risk of cryptocurrency is that, when I am so addicted to it, it turns out that I spend almost most of my money into it. Not much sufficient for my needs, and what if some coins that we've invested to doesn't return any good profits?
You are lacking money management skills, it is fine that you are so excited in cryptocurrencies that you are investing money in them, but you should not invest in this market or in any market so much money that you do not even have enough money to cover your basic necessities, try to establish a budget so you know how much money you need every week or month to satisfy those needs and then decide how much of your money you will invest in this market.