Post
Topic
Board Bitcoin Discussion
Re: How safe it is to invest in cryptocurrency
by
EdenHazard
on 06/05/2022, 23:37:00 UTC
If it is about securing the future, then without doubt it is the safest way to enjoy the future. What we save today will surely help us in the future.
I can agree that investing in crypto is the way to help our financial strength in the future. But I don't think it is the safest way, investing in crypto has a high risk, no one knows what to happen to crypto investment in the future. That's why we don't invest all our money in crypto, just use the money that we can afford to lose. Put all money in crypto investment isn't the right way to secure our future.


Indeed.
Ever since crypto investment can't be considered a safe haven. That is why it has always been said that "Invest only the amount that you can afford to loss". This clearly means that there is no guaranteed assurance upon investing crypto as anytime, you will your money as it was hacked or you emotionally sell them at a cheap price.

However, if you can afford to face the risk and manage to hold your funds long-term surely you make a huge profit from it, especially if you are investing in Bitcoin as it this been proven it was growing.
Any exchange would have a risk warning like these : 'Cryptocurrency trading is subject to high market risk. Please make your trades cautiously.' that's pretty much a warning to all of us who decided to get in the crypto space , the trade itself are a high risk one , so do with the investment whether it's long term or short term , meaning that you could lose a lot but could earn huge amount of money as well.

easy to understand , but first thing first you better watch and learn by experience it for a couple years.