Profit and Loss in Crypto Currency...?

[Hatchy]

Yeah cryptocurrencies reduce fraud and can offer high returns, but they are also known to come with risks, like price swings and many others. Their strength lies in being less affected by things like demonetization, but we should just stay aware of the security and regulation challenges that come with them. However, it is very important to be cautious and informed when investing in the crpto space.

[pieppiep]

Yeah cryptocurrencies reduce fraud and can offer high returns, but they are also known to come with risks, like price swings and many others. Their strength lies in being less affected by things like demonetization, but we should just stay aware of the security and regulation challenges that come with them. However, it is very important to be cautious and informed when investing in the crpto space.

Although Cryptocurrency currency tries to reduce fraud but we must remain careful because currently many crimes are utilizing Cryptocurrency as one of the digital currencies used for money laundering as well. For me as a trader then this should be good news because more and more people will use Cryptocurrency and provide an opportunity for Cryptocurrency to have a high price.

[Agbe]

Cryptocurrencies have several advantages.  The first and smallest advantage is that being a digital currency, there is less chance of fraud.  So we see that benefit, and trust that it will be profitable,

 Cryptocurrencies have higher returns or gains, easier transactions due to online shopping.

 The effect of demonetisation and devaluation is negligible.

 But extreme volatility in virtual currencies like Bitcoin can be a concern at times.

Crypto currency is filled with a limitless and lifetime opportunities, I always advise people not to rush in and out of the market, first of all any your investment in crypto currency should be long term in order for you to have a highly significant profit. So many people buy Bitcoin and always check in to see if it's appreciating or depreciating, this would only make you anxious and tensed. Invest an amount of money you can afford to lose just in case

[Sim_card]

Cryptocurrencies have several advantages.  The first and smallest advantage is that being a digital currency, there is less chance of fraud.  So we see that benefit, and trust that it will be profitable,

 Cryptocurrencies have higher returns or gains, easier transactions due to online shopping.

 The effect of demonetisation and devaluation is negligible.

 But extreme volatility in virtual currencies like Bitcoin can be a concern at times.

Cryptocurrency is not as easy as you said with making profits because a lot of coins was created into the market to scam people who likes to invest little and expect big returns within a short period of time. Bitcoin is not the only cryptocurrency that volatility affects her price because altcoins have higher volatility than Bitcoin and their price can increase x1000 and dump in notime without recovering. But bitcoin is not the same because whenever it dips, the price recovers and pump higher than the initial price.

[0t3p0t]

Cryptocurrencies have several advantages.  The first and smallest advantage is that being a digital currency, there is less chance of fraud.  So we see that benefit, and trust that it will be profitable,

 Cryptocurrencies have higher returns or gains, easier transactions due to online shopping.

 The effect of demonetisation and devaluation is negligible.

 But extreme volatility in virtual currencies like Bitcoin can be a concern at times.

I think in crypto space fraud is quite common due to it's decentralized nature. There are maybe a lot of investors getting rugged every single day in crypto mostly newbies or average investors who are not doing their own due deligence. But the most common is that crypto is very volatile and we should be aware of the risk it brings.

[Dr.Bitcoin_Strange]

Any body that is venturing into cryptocurrency is supposed to be aware about the volatile nature of cryptocurrency before investing, some people rush into investing into any random altcoin and end up regretting later when they experience huge lose and the reason why some people rush into cryptocurrency without having a good knowledge about it is because they see it as a kind of get rich quick scheme while it's not. The possibility of making a quick profit from altcoin investment is based on luck. So, anyone that in venturing into crypto should make sure they have learned about its cons and pros.

[|MINER|]

Cryptocurrencies have several advantages.  The first and smallest advantage is that being a digital currency, there is less chance of fraud.  So we see that benefit, and trust that it will be profitable,

 Cryptocurrencies have higher returns or gains, easier transactions due to online shopping.

 The effect of demonetisation and devaluation is negligible.

 But extreme volatility in virtual currencies like Bitcoin can be a concern at times.

Crypto currency with profit and loss.  But knowing the right rules and taking steps here, the amount of profit is high.  It is possible to earn here through investing.  But it must be a trusted coin. If you fall victim to a scam, you will face losses.  Again trading is a profitable section. 
Many people make a lot of profit through trading.  Again for the wrong trade one has to face huge loss.  Trading is a very risky business.  Therefore, investing and trading in crypto currencies should be done with discretion.  Otherwise, you will have to face big losses

[Hisbullah]

Any body that is venturing into cryptocurrency is supposed to be aware about the volatile nature of cryptocurrency before investing, some people rush into investing into any random altcoin and end up regretting later when they experience huge lose and the reason why some people rush into cryptocurrency without having a good knowledge about it is because they see it as a kind of get rich quick scheme while it's not. The possibility of making a quick profit from altcoin investment is based on luck. So, anyone that in venturing into crypto should make sure they have learned about its cons and pros.

In investing in crypto we must have knowledge about crypto, especially the crypto market is very volatile, it is very risky if they do not understand the character of the crypto market. We do research, study the coins that we will choose before deciding to buy. Because our main goal in investing is profit even though sometimes we will also experience loss. But we must be able to minimize losses by increasing the opportunity to make a profit.

[Bobcrypto]

There are no business in the world today that has no profit or loss situations, even in our local markets where we engage in buying and selling of foods and beverages, there exists profit and some times losses too. Cryptocurrency is not excepted, and it is a well known facts that the crypto market is volatile, therefore the possibilities to either make profit or loss are certain.
Now, trading crypto efficiently with less losses, you are required to learn the basics to become highly experienced trader. It involves consistency with market trends and also learning from more experienced traders. Again, it involves defining your goals, risk tolerance, entry and exit criteria etc.

[SamReomo]

In investing in crypto we must have knowledge about crypto, especially the crypto market is very volatile, it is very risky if they do not understand the character of the crypto market.

Yes, the ones who lack knowledge about crypto currencies often end up losing money in crypto market.

The market is quite volatile and those who don't understand the volatility of the market are the ones who lose a lot of money in crypto world.

If someone really wants to earn profit from crypto market then that person should consider learning about the volatility of the market first.

[densus88]

There are no business in the world today that has no profit or loss situations, even in our local markets where we engage in buying and selling of foods and beverages, there exists profit and some times losses too. Cryptocurrency is not excepted, and it is a well known facts that the crypto market is volatile, therefore the possibilities to either make profit or loss are certain.
Now, trading crypto efficiently with less losses, you are required to learn the basics to become highly experienced trader. It involves consistency with market trends and also learning from more experienced traders. Again, it involves defining your goals, risk tolerance, entry and exit criteria etc.

Every investment is faced with profit and loss, it depends on how we manage our money in investing so that it can generate profit. because we will also always be faced with losses if we do the analysis wrong. Moreover, investing in crypto which is very volatile, the possibility of loss will also be greater if we trade there and do not have expertise.

[bayu7adi]

Cryptocurrencies have several advantages.  The first and smallest advantage is that being a digital currency, there is less chance of fraud.  So we see that benefit, and trust that it will be profitable,

Currency digitalization does have quite an impact on the high and low levels of fraud that occur... but what I know is that with this digital currency, fraud is also easier to do, because it will happen online and fraudsters are able to reach more victims. The advantage of digital currency lies in the ease of access because it can be done anywhere, anytime. Likewise, fraud against digital currency holders, victims can also have the possibility of being cheated anywhere and anytime, right?

What needs to be considered is to try as much as possible to continue using digital currency as needed... because it also has a big risk if you become a victim of hacking that can happen at unexpected times.

[Nheer]

Cryptocurrencies have several advantages.  The first and smallest advantage is that being a digital currency, there is less chance of fraud.  So we see that benefit, and trust that it will be profitable,

 Cryptocurrencies have higher returns or gains, easier transactions due to online shopping.

 The effect of demonetisation and devaluation is negligible.

 But extreme volatility in virtual currencies like Bitcoin can be a concern at times.

It’s true when wallets are protected properly it reduces the likelihood of fraud and scam and it’s volatile nature makes it possible to profit from it, transactions are made easier, payments can be done online directly to other people’s wallet without any authorization from a third party. It benefits are quite numerous but we can’t always overlook the risk involved in it, it can yield high returns as well as losses that’s why investing have been done with caution. Compared to other cryptocurrencies i don’t think bitcoin is more volatile than other cryptocurrencies because of it’s potential to recover from unexpected crashes.

[luckyledger]

Cryptocurrencies have several advantages.  The first and smallest advantage is that being a digital currency, there is less chance of fraud.  So we see that benefit, and trust that it will be profitable,

Currency digitalization does have quite an impact on the high and low levels of fraud that occur... but what I know is that with this digital currency, fraud is also easier to do, because it will happen online and fraudsters are able to reach more victims. The advantage of digital currency lies in the ease of access because it can be done anywhere, anytime. Likewise, fraud against digital currency holders, victims can also have the possibility of being cheated anywhere and anytime, right?

What needs to be considered is to try as much as possible to continue using digital currency as needed... because it also has a big risk if you become a victim of hacking that can happen at unexpected times.

It's both a pros and con of digital currencies like crypto.
Usually, people can just sign up for things that they think are beneficial to them, but that would be just a contract that would drain your funds.
And your keys are yours to secure, there is no authority over them. It would be your loss if hackers got them somehow.

[satpol_PP]

Cryptocurrencies have several advantages.  The first and smallest advantage is that being a digital currency, there is less chance of fraud.  So we see that benefit, and trust that it will be profitable,

Currency digitalization does have quite an impact on the high and low levels of fraud that occur... but what I know is that with this digital currency, fraud is also easier to do, because it will happen online and fraudsters are able to reach more victims. The advantage of digital currency lies in the ease of access because it can be done anywhere, anytime. Likewise, fraud against digital currency holders, victims can also have the possibility of being cheated anywhere and anytime, right?

What needs to be considered is to try as much as possible to continue using digital currency as needed... because it also has a big risk if you become a victim of hacking that can happen at unexpected times.

You are right, the ease of crypto currency will be exploited by scammers to launch their tricks to find victims who can be deceived, and the facts are there. Our ease in accessing and transacting in crypto often brings us to face the threat of fraudsters who carry out their actions there, but as people who have invested in crypto for about 7 years, we already understand their actions, remain careful in making transactions in crypto.