Post
Topic
Board Bitcoin Discussion
Re: What are the dangers inside cryptocurrency investing
by
Naughty Princess
on 17/10/2019, 01:54:13 UTC
There are two types of dangers involved here. One is the risk of hacking or phishing while other is risk of volatility and losing your money. Especially if you have invested money in shit tokens they are more likely to fail and you will end up with nothing therefore avoid such things.
I agree. When you know nothing about what you are investing, you end up losing. If you cannot handle your emotions on investing, you might end up losing too. You have to understand things in crypto and how to play with the volatility to avoid the crush. Crypto is very risky because of many fraud created that when you take their bait you will be the victim.