Post
Topic
Board Altcoin Discussion
Re: High Volatility in Cryptocurrency Market
by
tippytoes
on 21/07/2019, 19:31:36 UTC
The volatility is the danger and risk of loss involved in cryptocurrency trading one can quickly be rich by trading cryptocurrency and one can lose all the fortune of his life on it as well. One needs to be very careful.

This is the drawback when you are dealing with cryptocurrencies. The risk is very high as the volatility of prices is very high also. If you don't know what you are doing, your entire savings can be wiped off with just one trade of an altcoin that you don't know nothing about. You need to avoid pump and dump coins, most masternode projects and MLM-type projects. I do not have anything against them, but from what I observed, you can easily lose your investments in those projects.