Is Cryptocurrency a Safe Investment?

[sonaa]

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.

[Zed0X]

~ 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 matter how secure a technology is, there is still the human error factor. If users cannot understand even the basics, there are always risks like losing seed phrase or falling victim to phishing attacks. There is also the risk of entrusting their crypto to centralized services.

[Findingnemo]

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.

There is no such investment with zero risks, every investment comes with it's own risks that include gold, real estate, stocks or whatever you can name it.

Cryptocurrency is secure but hacks are not happening due to the technology, it's mostly;y happening due to the user's ignorance like giving away their priv keys to unknown person or using the wallet on an infected device and remaining scams were basically social engineering.

[electronicash]

you answered your own question. it must be true.
there are safe investment when we just talk about BTC. everybody seem to say Bitcoin is the future and its been up the whole decade its still in a bull run is you zoom out.

they also say  that when you don't invest in crypto, you are not investing in the future. i guess if you wanna be part of the future you gotta be onboard in crypto.  whether there are scams and exchanges that shuts down turned their investment to zero. you just have to be part of the future.

[Husires]

Cryptocurrency is a description that combines Bitcoin, which was created more than 14 years ago with a significant market value and thousands of investors, with a token that was created a few hours ago, without a #DevelopmentTeam  and without any opportunities to make profits with an offer of millions of tokens. Investing in 99.99% of cryptocurrencies is a failed investment and makes losses, except for a small category of cryptocurrencies such as Bitcoin, which guarantees you profits in the long term.

[0t3p0t]

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.

When we are talking about investment it all comes with risk just like pros and cons even in stable assets but with crypto I think the lack of having enough idea is one of those risk because you could lose your investment if you are just copying other peoples investment though some manage to make profit but yeah for me it's a gambling when we don't have enough knowledge on investing in something especially in crypto. But the question is, is it safe? Well for me as a crypto enthusiast for more or less eight years for me yes it is and it is way more peofitable compared to other assets.

[LogitechMouse]

Should new users invest in crypto currency or not?
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NO... for now of course.
Instead of investing into cryptocurrency right from the start, they should invest into themselves first. Learn, learn, and learn. Many have said it already, and I will say it again that newbies should focus on learning first before investing.

Well technically speaking, newbies can still invest into crypto right from the start, but their chances of losing money would be much higher because they don't know what they're doing at all, and comparing it to somebody that has knowledge, the chances of him losing money would be lower. I would always say that newbies should not invest first especially on a market that's very volatile like in cryptocurrency.

[Dr.Bitcoin_Strange]

Cryptocurrency investment is a very risky investment because of it volatile nature however there are coins that are not risky to invest in such as Bitcoin, investing into Bitcoin and holding for a long time is a very good investment and not risky, Bitcoin is the best crypto coin in the world and has a good record history of it's growth in value and in price, people that always panic when they invest into Bitcoin are those trading Bitcoin, they are the one's always in fear because anything can happen at any point in time, I have a friend who's into Bitcoin trading who sometimes loses money, there's a very high risk in trading and that is why I advise newbies not to go into Bitcoin investment by trading.

Long term Bitcoin investment is not risky, and I will advise everyone to go into it, a lot of people don't like waiting for long to gain profit and that is why they always choose to invest in new coins that will later lose value and they will lose there money, Bitcoin investment is not a Ponzi scheme were you can just invest and get huge amount of profit the next day in Bitcoin investment you need to have patience and also be consistent.

[bitterguy28]

the technical complexity of using and storing crypto assets can pose a significant risk to new users.

investing in crypto does not stop being risky it is always volatile and unpredictable but the difference between new and experienced investors is that experienced investors have more knowledge and can minimize the risks

but i still urge new users to invest given of course that they take the time to study and learn

[bisdak40]

Investing in cryptocurrency can be risky for new users even if the technology used is secure the market is unstable you must be careful for there are many scams out there if you are new to investing in crypto you must research well to understand and be cautious when investing.

[Baofeng]

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, they shouldn't, not even if someone tells them to do that. We can't just go and tell some noobs to invest, it's there hard earn money anyways and with that they should be the one making the decision and not us.

I think for the majority here, I don't think that we have been mentored by someone to join crypto and be a investor. We discover it by ourselves and then we evolved and learn all the technicalities involved in it.

[debra]

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.

Everyone must be new one when they invest for the first time. It is no problem if there are new users who want to invest in crypto coins. But for the new users, it is better to choose top coins because they are not as risky as average coins. I suggest to focus on top 10 coins. Bitcoin, Ethereum, and Solana are good coins for new users.

Anyway, there is no safer terms in crypto investment. Underlying can't guarantee the safety in crypto investment. Regarding scams, hacks, and volatility, they will always exist in crypto. There is no way to remove these. Especially volatility, we needs this because it is the nature of crypto that enables us to gain huge profits.

[Rruchi man]

Should new users invest in crypto currency or not? 

Cryptocurrency is still very safe for investment by new users. It has some benefits over some other traditional investments, like being easier to invest in regardless of what you earn. If you have the means and are financially stable, you can also make other investments aside from your investment in cryptocurrency.

Investment in real estate is also very profitable in some sides of the world.

[Dr.Bitcoin_Strange]

Should new users invest in crypto currency or not? 

Cryptocurrency is still very safe for investment by new users. It has some benefits over some other traditional investments, like being easier to invest in regardless of what you earn. If you have the means and are financially stable, you can also make other investments aside from your investment in cryptocurrency.

Investment in real estate is also very profitable in some sides of the world.

Yeah however not all coins are safe for one to invest in, there are some coins that are not good for someone to invest into and there are some that is very good to invest your money into, all this new coins they are creating now should be avoided because a lot of them are scam, they are just created in other to defraud people, I know someone that was working with one company in my town and very big company so when he retired they gave him his payoff and he used half of the money to invest in a new coin and before you know it the coin lost value and he lost his money, so I don't advise people to invest in new coins when it comes to cryptocurrency investment, if you want peace of mind investment in Bitcoin and let it be a long time Bitcoin investment, Bitcoin is one of the best investment right now in the world and the best crypto coin, Bitcoin has made a lot of people rich and is still growing in price.
Some people believe Bitcoin won't hit $100k and that it will fall in price, but this mindset is improper, if you go through the history of Bitcoin you will find out that Bitcoin will even grow more than $100k in just 4 to 5 years to come.

Yeah one can invest in other things aside cryptocurrency infact before investing in cryptocurrency you should have a regular source of income, because without having a source of income is impossible to invest in cryptocurrency and succeed in it.

[bisdak40]

Investing in cryptocurrency for beginners is risky because the prices are unstable. Cryptocurrency is not always regulated. Before a beginner invests in crypto, he/she must research and understand the basics of cryptocurrency. They should also be aware of the potential for scams and fraud in the market. And use a reputable platform to ensure your money invested will be safe.