Is crypto for risk takers?

[Hexsas]

Conducting research is a necessity to make the best choice, but the risk cannot be eliminated and you must dare to take risks to get a big profit.

[tonymillions84]

every business involves risk. business is not as straightforward as it seems. true, you must research, spend quality time in the business you want to invest in  but there is a slight margin that it might be successful or a failure. we all need to work hard before we archive success.

[hermae]

I think risk taking is generally a win or loose thing in every business.

I agree with you on this. I believe that in everything we do, risks are always present. In cryptocurrency, more risks are involved since it is very volatile and unpredictable. We can be called risk takers for sure.

[Ghozrd]

Cryptocurrency is very safe in transactions, so many people want crypto as an online transaction system for the security of their funds. We can still convince everyone to use crypto and until now many of my friends want to see. What crypto can do in the future if there are too many new projects but abandoned by their developers.

[Leny]

This is a step forward that we must accept. The thing to remember is not to make a decision when we are panicking or not calm. We must be able to get around the situation so that we do not bear too much risk. Because it is reversed for what we expect, there is a risk that follows.

[Rindian]

Actually I do not expect the occurrence of risks in all activities. But all of them have become consequences in behaving. So we must be able to respond so that we can avoid the risks that occur.

[jackythebleu]

Nowadays crypto is in a quite unstable position now: it is slowly being adoped here and there, many things and serveces start embedding blockchain and so on. For me, crypto is for those who can be fast and cold-minded or for hodlers.

[Davitsvan]

I believe that it is impossible to determine 100% how good the project is and whether it will not be a scam, but what you said that you need to study it first is absolutely true. When investing, I definitely study it, look at the project team, their activity on social networks, how they work on their product and how they carry out their plans according to the roadmap

[ayatoslaw]

we must know risk and reward before investing in it,
so don't ever panic if we lose 50% of the initial capital but the reward we want to get is 500%.
all of them are menejemn, and one of the crypro management is knowing risk and reward.

[Jacky]

We are all risk takers. If we don't want to take risks, then we won't be here. Since crypto is a space with high volatility, instability, and no guarantee, crypto users should know what they are working on. However, crypto also offers a chance to gain big money.

[coinlurker]

Crypto is not for risk takers as it may seem but rather for those who are ready to dive deep into a project, study it and base on tangible analysis make feasible conclusions before investing. You cannot enter crypto based on just your risk taking appetite, you need more than that. Study the crypto market, know how it operates and you will make some good money out of it.

I have a different view though i thin crypto is for risk takers i understand your point but what makes crypto different from the normal investing is the volatility in crypto  and i am sure not many will want to see their portfolio is 5 digit and it change to 4 or even 3 in a few months especially for those that does not do money management.

[LogiC]

Crypto is not for risk takers as it may seem but rather for those who are ready to dive deep into a project, study it and base on tangible analysis make feasible conclusions before investing. You cannot enter crypto based on just your risk taking appetite, you need more than that. Study the crypto market, know how it operates and you will make some good money out of it.

Might the other way around. Risk taker are welcome here to join crypto community but its obvious that they need to use their brain aside from the risk apetite they have. You dont need to emphasize this stuff that everyone knows SHOULD.

[toheed2x]

definitely pure risk taking involved into crypto world. Cryptocurrency trading or holding both req a huge risk taking but crypto have potential to gain huge profit or loss also

[etheridge9]

When it comes to investments in cryptocurrencies there is always a risk. The market is very volatile, and many altcoins still fluctuate many times during a year period.

[giovinco21]

In my opinion - it depends on what kind of investments are you into. There are plenty of risky projects out there, but if you choose rightly and then do some research, get some knowledge it can lead you to success. The most important thing for me is to minimalize the risk.