The main risk in cryptocurrency?

[TopaNN]

One of the risk if you invest in cryptocurrency is Longevity The ballooning number of altcoins represents a risk to an investor. It’s impossible to put an exact figure on it, but it’s thought there are between 1,600 and 2,000 in existence. And it’s incredibly difficult to know which of those coins have realistic, mainstream, long-term potential. Remember, there are still very few real-world examples of blockchain and cryptocurrency adoption. The price of the coins is predominantly being driven by speculation. However, despite the lack of real-world adoption, there is still a considerable amount of capital invested in altcoins. According to CoinMarketCap, 15 have a market cap of more than $1 billion and 57 have a market cap of more than $100 million.
Even if you’ve read the associated whitepaper and performed extensive due diligence, you still might find that the coin you backed doesn’t amount to anything and the value drops to zero. The more coins that are in existence and competing against each other, the greater the risk of this happening.

[TopaNN]

One of the risk if you invest in cryptocurrency is Consumer Protection Unlike traditional banks, cryptocurrency doesn’t have any official safeguards or insurances. For example, whereas the Federal Deposit Insurance Corporation underwrites depositors’ savings to the value of $250,000 each in both banks and brokerages, crypto exchanges are not part of the program. If your exchange becomes insolvent, you will lose everything.
Similarly, exchanges get hacked on a worryingly frequent basis, often resulting in a considerable loss of money. Whether or not you get any rebate on your lost wealth depends entirely on the exchange; you are at their whim. If something similar happened at your bank, brokerage, or credit card, you’d get your money back swiftly.

[Speaker]

You write everything correctly, but often people do not think about the risks,because the potential profit in a short time for many is most important.In addition to everything said in the crypto-currency market, there are many manipulations and sometimes it is simply impossible to predict the behavior of the coin !

[keyz]

Actually, the most risks that we will get in cryptocurrency is the uncertainty of the market. It is because of the fluctuating, volatile, and also negative issues surround. With those conditions, the risks will effect us to lose our money in crypto, more than -70%.

[GasX]

One of the risk if you invest in cryptocurrency is Regulatory Issues Regulatory and legal issues are two of the big obstacles facing the crypto sector in 2018.
Because the asset class is so new, governments and banks have not yet formed a coherent fiscal policy for them. Therefore, there’s always a risk that their taxation status, trading rules, or even outright legality, could change overnight. Once again, these uncertainties mean money you’ve invested in crypto carries more risk than your capital in established asset classes.

[Kayujaty]

if in my opinion the risk in investing in the world of cryptocurrency is. we can't predict the price. so we need to experience and pay attention to every movement of the crypto price chart that we will invest.

[Hisbullah]

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.

In my opinion,  the risk in crypto currency is We can predict the price.  It is unstable.  Maybe at the coming future, It will be more stable

[alyanov]

The risk if you invest in cryptocurrency is Human Error Human error is a risk in any walk of life. But in crypto, it’s much easier to make mistakes, and the risks are magnified. For example, if you have no experience of trading, investing, or FOREX, then crypto exchanges can be an immensely confusing place. Sure, services like Coinbase are designed for a layman. However, if you want to diversify and buy some altcoins, you’ll need to hop onto a service like Bitfinex (or one of the other leading crypto exchanges). And they are a different kettle of fish. It’s all too easy to accidentally place an incorrect order, send your coins to the wrong wallet, or even lock yourself out of your account entirely. Some trading facilities built on the blockchain don’t even have a password reset function. Of course, you’re also at risk of human error when managing your crypto storage. If you lose your private keys, you might be unable to access or use your assets. And even if you use a secure cold wallet, like a Ledger Nano S, misplacing it remains a real possibility if you don’t exercise caution. Although we think these issues are the most pertinent risks facing first-time cryptocurrency investors, there are always more issues you need to watch out for. Be vigilant and make sure you fully research any coin, exchange, or company before handing over your assets to anyone.

[hermae]

In my opinion, I think one of the biggest risks one can have in the crypto world is that if someone hacks the account most especially our MEW wallet. If it happens, they hackers can access our accounts and worst scenario is they will leave your wallets empty. So I believe that we should be very careful in opening sites that could be phishing sites for us to avoid the hackers.

[Ta.Form]

for me, it's only a matter of price. Crypto prices so fluctuate, making us profit and loss in an instant. and for hackers problems. it depends on each individual. if we can take care of our assets, it will be safe.

[Niteroy]

The biggest risk in the crypto world is that, in the case of investing, there is a high probability of facing fraudsters. Now there are too many projects that are created only to deceive investors. By investing your money or time in such projects, you can lose everything, so I think this is the main risk for all of us.

[enci55]

The risk if you invest in cryptocurrency is Market Volatility, bitcoin crash 2018 vs dotcom crash 2000 The sharp decline in the value of cryptocurrencies in 2018 is well documented. The MVIS CryptoCompare Index has lost 80 percent of its value since January. That’s worse than the dot-com crash (78 percent) back in 2000. Bitcoin which peaked at $20,089 on December 16, 2017 has barely broken $7,000 since April 2018. It’s a similar story across all other mainstream altcoins.
But that only tells half the story. Volatility in the crypto markets has always existed. We’ve seen plenty of other similar crashes before:

-. 2011: The first Mt. Gox hack resulted in a 95 percent loss.
-. 2013: A possible banking issue in Cyprus saw 52 percent wiped off the value.
-. 2014: The second Mt. Gox hack led to a 63 percent loss.

Ultimately, buying cryptocurrencies could result in losing everything you invested in them. You should never invest more than you can afford to lose.

[MuTu]

The scam is a fear for me in investing crypto. In addition, there are many people suffering losses due to ICO scam, so I am always vigilant and careful before investing in ICO.

[MrSpasybo]

Goverment and hacking
There are too much of new problem with crypto exchanges: EtherDelta, Cryptopia... Just save your tokens in your Cold-Wallets.

[napster]

Since there are no any regulations, it is always open to be manipulated. So you should follow the whale rules and try to guess their moves. Also, there are so many scammers, so it is very high percentage to be scammed in this market.