Post
Topic
Board Economics
Re: The Risks and Rewards of Cryptocurrencies
by
cotton ball
on 30/11/2019, 16:17:06 UTC
The risks of cryptocurrencies are that these are the same risks as in any investment.

I disagree.

The risk that we are taking when we are investing in cryptocurrency have much higher risk than investing on real state properties, or in a business, why is that, because we are talking about volatility here that could spikes, either it goes up very wild or goes down very wild, like as of now, bitcoin's price dropped again to $7,500 and it is still very puzzling when will be the next bull run going to occur to recuperate our losses.

Although the rewards of bigger risk are always big, that is what I am sure about.
Risk of cryptocurrency when price of bitcoin or altcoin have lower and we bu with higher price, many investor and trader always allowing with what people said and they investing with coin suggestion by the other, when you buy some coin by recommendation from some one you make mistake because he has sell his coin and make you buy it.