Post
Topic
Board Bitcoin Discussion
Re: How safe it is to invest in cryptocurrency
by
molsewid
on 07/05/2022, 14:30:14 UTC
Cryptocurrency investment also has some risks, currently most governments in the country do not have the same protections for cryptocurrencies as for real money in bank accounts.  However, if you want to succeed in changing your life, you have to take risks, because now I see bitcoin investing as having a high chance to be rich in the future.
You don't think that the government protects your money in the bank, they use your money to invest in other places.  only in bitcoin you become "your own bank", as long as you hold your password and private key wallet (a trusted hardware wallet or software Bitcoin wallet) then no one in the world, including the government, can use or take it.  investing in cryptocurrencies is the safest in the world.

all of aspects of investment are risky it is matter how do you deal with it and also lessen it . Cryptocurrency has a high risk because of its volatility and depending on what coin you are investing on. You should accept the fact that is risky and find more way to lessen it by reading their whitepaper and do research since knowledge is power in investments and without risk you cant gain any profit

Everyone of us can gain more money by trading and investing in cryptocurrency, but not all crypto can give us a lambo. People nowadays thinks that when they invest in crypto whether it is in bitcoin or in altcoin they thinks it will give them money instantly which is not. Guys, the security of your assets and your investments are depending on how you are doing if you are easily to be deceive by high earning website or those new project that has nothing to offer by being hype by many.