Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on May 29, 2018, 03:03:22 AM
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Everything you can think of comes with risk but the risk tends to increase in level when you are less knowledgeable in the field or environment you find yourself. The same thing happens with crypto. Novice who forgo counsel from experts and decide to navigate their way through cryptocurrency investment and without studying the market trend end up running losses. I suggest you take time to study everything you need to know about cryptocurrency investment and the market and with that you can be assured that the risk level is too small to be significant.
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Every investment comes with a risk. It's either you loose or gain, but you loose when you have little knowledge about it. So its better you take time to study the market very well and become well equiped, then you can invest
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Investing in stocks, tree, binary options, real estate, etc., all this involves risks, but investing in cryptocurrency can bring you a profit hundreds of times more than traditional investment tools and this feature of cryptocurrency attracts many people. The prospect of getting a big profit is much higher than the prospect of losing your money.
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For example, if you invest $100 in a cryptocurrency, then you risk only this money in case of an unsuccessful investment, but in case of a successful investment you can multiply them by 10-20 times. As an example, you can cite DASH, which in February 2014 was worth $0.2 and now went up to $320. That is, every dollar invested in the DASH in 2014 would bring you $ 1600 today, and if you take into account the fact that the price of DASH in December 2017 was up to $1500 per coin, your dollar invested in 2014 would bring you $7,500. This is just one of hundreds of other examples, but it's up to you to decide whether to invest.
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Yeah. Without knowledge in an ICO you want to participate is a kind of voluntarily entering the path of disappointment because the risk takes much possibility. So to take time of gaining learning and understanding about the project can lessen the risk.
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If I start to trade crypto I will ask my friend who has long been trading in crypto. I know the longer I trade in crypto the more experience I get in the crypto trade.
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The risky level of cryptocurrency investing is that u just invest in a coin that u do not have enough knowledge about the coin you are investing. It is always at risk in every investment you do. For you to less the risk i suggest that you must study all the bounty and the coin you would like to invest.