if I think personally a safe way to invest in cryptocurrency is :
1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
To be honest, I think there is no such thing as safe way to invest in cryptocurrencies. I dont find it safe because the cryptocurrency market is so unpredictable nowadays. You may not know when the price will go up or down.
There are times that it will go high or low in value in just seconds, minutes, hours or so. When some of my friends who are inquiring to me about investing in cryptocurrencies, I always said to them that they should do it at their own risk.
So when it comes to investing in cryptocurrencies, I believe theres no such thing as safe and effective way anymore. Its now considered at our risks. Just sayin only.
yeah i agree with ur opinion. this is just OP made a wrong title. the right title is "how to reduce the risk of investing in cryptocurrency"
cryptocurrency is very volatile that has very high risk too. even so many scammer, scam project, etc around here
but, every risk can be reduce if we know how to do it. nah, the OP tells us how to reduce it