Is Cryptocurrency a Safe Investment?

[MUGNIA]

not 100% safe in my opinion, because mistakes will always happen to yourself, where there will be many loopholes for fraud, fraud and even wallet hacking,

newbies are expected to make mistakes yes of course we want to make as least as possible however sometimes it is quite inevitable in any case that we do make mistakes we just need to learn how to avoid making the same mistake later on

for new users in my opinion if you just join you are not required to invest directly where we are directed to understand what bitcoin and other crypto are and what risks will occur in general if we already understand then we can determine which crypto is good and can be for the long term,
and remember all input does not have to be swallowed whole we have to filter before making a final decision

experience will teach you a lot of things but we can't just dive in to risking our money by investing right away so you are right that newbies should get as much knowledge as they can to make a decision about what is right for them to do

noted in memory to continue to be careful in all things at this time, if you are not careful, crypto assets will disappear, fraudsters will have many ways to trick their victims

[Sim_card]

not 100% safe in my opinion, because mistakes will always happen to yourself, where there will be many loopholes for fraud, fraud and even wallet hacking,

newbies are expected to make mistakes yes of course we want to make as least as possible however sometimes it is quite inevitable in any case that we do make mistakes we just need to learn how to avoid making the same mistake later on

for new users in my opinion if you just join you are not required to invest directly where we are directed to understand what bitcoin and other crypto are and what risks will occur in general if we already understand then we can determine which crypto is good and can be for the long term,
and remember all input does not have to be swallowed whole we have to filter before making a final decision

experience will teach you a lot of things but we can't just dive in to risking our money by investing right away so you are right that newbies should get as much knowledge as they can to make a decision about what is right for them to do

noted in memory to continue to be careful in all things at this time, if you are not careful, crypto assets will disappear, fraudsters will have many ways to trick their victims

There is no investment that is not risky and crypto is not exempted because it is a digital asset in your custody and problem care and security measures are not practiced, you can lose your assets to scammers. This is why on must use an open-source elf custody wallet to keep your funds and keep your seed phrase safe from third party to avoid your wallet being compromised. Also afford offers that are too good to be real and don't connect your w3allet to random site.

[Mia Chloe]

Investments are all towards either preserving your value or gaining profits or even both. However the best I can say about crypto investments is that it's one of the easiest and most accessible form of investments. A couple of other investments requires you to understand some technical economics and concepts of inflation to be able to properly profit off it.

However crypto investments are far easier to attain. Crypto currencies are very volatile and it's up to you as the investor to use that to your advantage making use of simple economic concepts. The biggest problem I see in crypto investments is security. It's more difficult to secure your crypto investments properly than it actually is to get them. The internet comes with a lot of risks that can make you vulnerable that's why one has to take security very seriously in crypto investments.

[0t3p0t]

not 100% safe in my opinion, because mistakes will always happen to yourself, where there will be many loopholes for fraud, fraud and even wallet hacking,

newbies are expected to make mistakes yes of course we want to make as least as possible however sometimes it is quite inevitable in any case that we do make mistakes we just need to learn how to avoid making the same mistake later on

for new users in my opinion if you just join you are not required to invest directly where we are directed to understand what bitcoin and other crypto are and what risks will occur in general if we already understand then we can determine which crypto is good and can be for the long term,
and remember all input does not have to be swallowed whole we have to filter before making a final decision

experience will teach you a lot of things but we can't just dive in to risking our money by investing right away so you are right that newbies should get as much knowledge as they can to make a decision about what is right for them to do

noted in memory to continue to be careful in all things at this time, if you are not careful, crypto assets will disappear, fraudsters will have many ways to trick their victims

There is no investment that is not risky and crypto is not exempted because it is a digital asset in your custody and problem care and security measures are not practiced, you can lose your assets to scammers. This is why on must use an open-source elf custody wallet to keep your funds and keep your seed phrase safe from third party to avoid your wallet being compromised. Also afford offers that are too good to be real and don't connect your w3allet to random site.

Yeah I agree with you that when money is involved it always has risks within it especially in investing assets most specifically cryptocurrency which is I think the most volatile of all assets. That is why we need to stay low and avoid posting on social media that we are earning cryptocurrency because that would endanger ourselves and our family.

[Hatchy]

Should new users invest in crypto currency or not?  If you have invested then you are not taking any risk, now in the market have attracted a reputation as volatile investments due to high investor losses from scams, hacks, bugs and volatility.   Although the underlying cryptography and blockchain are generally secure, the technical complexity of using and storing crypto assets can pose a significant risk to new users.

No one can tell you that an investment is safe as if they do it might actually be a scam attempt. What actually different most crypto currency investment from other investments out their is their transparency as everything most times is seen on a Blockchain network. The security of your investment then depends on your ability to be able to practice proper security techniques that has been in existence. Some investors takes these likely most times and end up getting scammed or having their coins stolen by hackers. Just know the safety of your fund is in your hands

[UNIVERSE]

There is no investment that is not risky and crypto is not exempted because it is a digital asset in your custody and problem care and security measures are not practiced, you can lose your assets to scammers. This is why on must use an open-source elf custody wallet to keep your funds and keep your seed phrase safe from third party to avoid your wallet being compromised. Also afford offers that are too good to be real and don't connect your w3allet to random site.

Indeed. All investments are risky, there is no investment with zero (0) risk. If there is an investment with no risk, people will only choose that investment. We also need to understand that there is no investment can guarantee profits. It will always depend on our ability to manage the investment. Moreover in crypto, it is actually called as a high risk investment. It is a digital investment, it can easily be stolen by scammers if we aren't careful to save the data.

[JoyMarsha]

Should new users invest in crypto currency or not?  If you have invested then you are not taking any risk, now in the market have attracted a reputation as volatile investments due to high investor losses from scams, hacks, bugs and volatility.   Although the underlying cryptography and blockchain are generally secure, the technical complexity of using and storing crypto assets can pose a significant risk to new users.

Newbies can invest in crypto but before they do that, they are advised to first of all know the basic knowledge of crypto and the risks that are involved in crypto. Understanding the risk involved will help a newbie how they can navigate the market with caution and also try to invest with their spare money, not their emergency money.

[Agbe]

Should new users invest in crypto currency or not?  If you have invested then you are not taking any risk, now in the market have attracted a reputation as volatile investments adue to high investor losses from scams, hacks, bugs and volatility.   Although the underlying cryptography and blockchain are generally secure, the technical complexity of using and storing crypto assets can pose a significant risk to new users.

  The crypto market remains one of the safest and most lucrative business anyone can invest in today all these talk about volatility of the crypto market are actually antic's being thrown by people who still see crypto as scam and is not in support of it because the fact of it is that there's no business that you go into in the world that doesn't have any form of risk or the other every successful business you see today has been work in progress for a long time with those managing it puting in their time and strength in making sure that they master that business from every side that is also with crypto currency because crypto is a world of it own so if anyone is going into crypto investment the person should be ready for anything as we learn from past mistake,  anyone coming into the crypto market for the first time should always be careful as they are not too familiar with market and is likely going to record loos if the right information and knowledge is not there and so that person's experience should not be used as a measure in asking if crypto is safe for investment