The main risk in cryptocurrency?

[raden22]

Hello, I want to ask.
In your experience, what risks are the main problem in crypto. Besides price fluctuations. Please share your experiences according to what you have experienced until now. Thank you for your time.

[Nautilus]

Since there are no any regulations, it is hard to make yourself believe in the situation that if you lost, you are lost.

[JaymondStark]

Well, it would be hard to believe in the situation that you might lost all your investment with a click.

[raden22]

Since there are no any regulations, it is hard to make yourself believe in the situation that if you lost, you are lost.

I don't think so, I mean about risk in cryptocurrency. Not just about loss or loss of an asset. But have we ever thought that in the digital world it is also prone to hacker accounts? Thank you Nautilus.

[Thegals]

The risk faced besides the very Volatile price movements is the exchange market itself. Sometimes there is an exchange that must require a Kyc but it is difficult to fulfill, a high fee when you want to make a withdrawal in a certain exchange and maintenance that occurs suddenly when we are trading.

[alltalk]

Besides losing funds or capitals, your personal data can also be lost in cryptocurrency. In my view, this losses are the biggest risks in cryptocurrency. I am very careful to manage my digital account and investment to prevent from these losses.   

[vegasus]

The main risk of the cryptocurrency is losing our money in more than 50% after investment in crypto. And so far, lost of people experienced it because the price that is always decreasing. Then, we also get scams that make our money lost and gone.

[Irish]

Hello, I want to ask.
In your experience, what risks are the main problem in crypto. Besides price fluctuations. Please share your experiences according to what you have experienced until now. Thank you for your time.

The main risk might be that the cryptomarket will disappear at all, maybe it will close and maybe not, it is fully unpredictable. We cannot control it.

[Hector2005]

It is fluctuation and scam that are the main problem with crypto with my experience. With fluctuation, you can still have your money but it only decreases in value but in scam ICOs, your money is gone for good.

[Ryanpogz]

The main risk of the cryptocurrency is losing our money in more than 50% after investment in crypto. And so far, lost of people experienced it because the price that is always decreasing. Then, we also get scams that make our money lost and gone.

Risk management is an essential part of successful investing. Further, a diversified portfolio could help you reach your financial goals faster and easier.

[bagas79]

The risk in the crypto world is not only in terms of price and trade, but in my opinion the marketing of crypto itself is very influential on crypto, because when marketing is not going well and does not get support from development it is also very bad for the progress of a currency digital.

[raden22]

The risk faced besides the very Volatile price movements is the exchange market itself. Sometimes there is an exchange that must require a Kyc but it is difficult to fulfill, a high fee when you want to make a withdrawal in a certain exchange and maintenance that occurs suddenly when we are trading.

The exchange that requires KYC I think is still reasonable, because to complete the identity. I think the hacker's account is also a risk for crypto users or users, and this is very worrying. Thanks

[trauchot]

The main risk is that you can completely lose your money if you will invest for example in a scam company or while you will hold your purchased tokens, during this time the company can also turn into a scam.

[Paglamon]

Many people thinking for cryptocurrency. Because of cryptocurrency totally  made by the project. So providing free mining crypto currency to tub. It is very mainly risk from the project.                   

[raden22]

The main risk is that you can completely lose your money if you will invest for example in a scam company or while you will hold your purchased tokens, during this time the company can also turn into a scam.

Well, exactly what you say. The Scams one of the risks that haunt crypto fans and it's very scary. Imagine when you have invested in an ICO, and then it turns out to be a project that has no ongoing news. That looks worrying isn't it?