Post
Topic
Board Serious discussion
Topic OP
The risk of investing in cryptocurrency
by
ViceOfBTC21
on 25/12/2019, 21:11:42 UTC
Every smart investor knows that with every investment there comes unavoidable risk, so the investing rule #1 is: Never ever invest more than you can afford to lose.

However, the higher the risk is, the higher chances of profit are. Of course, the Bitcoin is way less risky than altcoins, however, Bitcoin and cryptocurrencies as a whole seem very risky compared to even Forex, which is much more predictable than crypto.

The more you invest, the bigger likely profit is, but if you are wrong, the losses are bigger as well.

What are your opinions in cryptocurrency and risk?