Challenge or opportunity when investing in crypto currency?

[hugeblack]

It is good to see that cryptocurrency has become an investment origin that can generate hundreds of dollars for you, but for investment, it is a continuous link from accumulating liquidity and glorifying them, so the bitcoin must be part of your investment plan and not a quick way to collect 1M, otherwise when you reach 100K or a million, you will find that you are poor And your money decreases quickly.

[Faisal2202]

Investors need to understand that various aspects make it a unique financial instrument that does not always align with macroeconomic trends.   Despite the recent setbacks, Bitcoin and the rest of the cryptocurrency domain remains a productive financial asset for long-term wealth creation.   For short-term traders, all nominees shared a favorable outlook on the future of Bitcoin and other crypto assets.   So beneficial for long-term traders, it will also help reassure investors skeptical of the US government's fiscal debt, especially those looking to book profits to protect their financial interests.   Additionally, the new influx of spot bitcoin ETFs will allow bitcoin to move forward sooner rather than later, highlighting the growing interest in BTC and related financial instruments regardless of the current challenges.

Which setbacks are you talking about? Are you talking about Germany, MT GOX, or Japan? I don't think they were big setbacks because they affected the market temporarily and the market recovered way powerfully and fast. And to be very honest I am not a pro analyst but I have seen previous cycle charts and I have observed that after the halving price of BTC dumps due to any of the reasons.

And these setbacks you are talking about were making the same patterns. Trading and investing in crypto is not an easy task it requires great financial knowledge and technical trading skills as well.

[Cryptsafe]

Challenge or opportunity when investing in crypto currency?

I will reply based on the topic of this thread and would want you to know that every opportunity comes with a challenge before you accelerate. There are lots of challenges one would need to know before investing in crypto for their own asset safety. Looking at the security aspect of crypto, you would need to make sure your assets are well protected by using the right recommended wallets for self custodial purpose. Also, safe keeping of your assets keys is another thing you would need to consider, Avoid clicking of links you have no idea about or downloading of files you do not know anything about. Even if you do know the file, make sure it is coming from the right source and void of anything that would harm your system or steal your details. There are lots of other challenges one would need to look at as well and they are the government policies, crypto project restricted nations lists etc,

Nevertheless, the opportunities are much vast, investing in crypto gives you profit in a long run depending on when you are due to sell, your privacy is secured, you can move about from one place to another with your assets in your pocket, no third party charges when ever you are making transaction, less minimal transaction fees etc these and many others are very much unique to say. Crypto is not just all about speculation but  a reality to say.

[satpol_PP]

Nevertheless, the opportunities are much vast, investing in crypto gives you profit in a long run depending on when you are due to sell, your privacy is secured, you can move about from one place to another with your assets in your pocket, no third party charges when ever you are making transaction, less minimal transaction fees etc these and many others are very much unique to say. Crypto is not just all about speculation but  a reality to say.

Yes, the opportunity to invest in crypto is very broad, crypto offers financial freedom, we can transact whenever we want safely. We can choose to be a trader or a holder, even if we have good skills we can become a developer. So it all depends on what we will choose in investing in crypto.

[Cryptsafe]

Nevertheless, the opportunities are much vast, investing in crypto gives you profit in a long run depending on when you are due to sell, your privacy is secured, you can move about from one place to another with your assets in your pocket, no third party charges when ever you are making transaction, less minimal transaction fees etc these and many others are very much unique to say. Crypto is not just all about speculation but  a reality to say.

Yes, the opportunity to invest in crypto is very broad, crypto offers financial freedom, we can transact whenever we want safely. We can choose to be a trader or a holder, even if we have good skills we can become a developer. So it all depends on what we will choose in investing in crypto.

The benefits of crypto goes beyond all these though. It is nice how one can establish a project on blockchain and crypto currency being used to transact on such platform with ease from any part of the world is amazing. These days people do not need to go to places to look for investment opportunities. All they need is just internet and data that's all and they are good to do their investment from their comfort zone without much stress. This is the extent to which crypto have made investment that easy to do.

[taufik123]

Yes, the opportunity to invest in crypto is very broad, crypto offers financial freedom, we can transact whenever we want safely. We can choose to be a trader or a holder, even if we have good skills we can become a developer. So it all depends on what we will choose in investing in crypto.

Yes, financial freedom and there will be no third party who can manage it except yourself. But to achieve true financial freedom, it is necessary to pay attention to where you hold your coins or where you trade them.

Investing in cryptocurrencies is broad, it can be done in a centralized market or a decentralized market.
It is only a matter of choosing where you invest it.

And to become a developer in crypto also requires quite good skills in the field of crypto, or some knowledge about Blockchain

[vegasus]

It is a challenging opportunity. Yes, why opportunity? Because, we are really given the opportunity to know about crypto, to be able to be in the crypto world, and to get various benefits from crypto, especially being able to invest in crypto. And because of the opportunity we take, we understand and accept the various benefits, especially the extraordinary crypto interest.

And why is it also a challenge? Yes, because it is not easy, even very challenging. Investing in crypto is challenging because it is full of risks. So it challenges us to be much wiser, calm down, smart, and disciplined in investing, and really ready for everything in facing the challenges of investing in crypto.

[Dr.Bitcoin_Strange]

Despite the recent setbacks, Bitcoin and the rest of the cryptocurrency domain remains a productive financial asset for long-term wealth creation.   For short-term traders, all nominees shared a favorable outlook on the future of Bitcoin and other crypto assets.   

I can say for sure that Bitcoin is the only one asset that can generate profit for investors on the long run but other altcoins are not so guaranteed because you can hold many of them for a long time and they will not generate profit to you, although some may be productive but you are not sure about the future of the token. If you are looking for coins to hold for a long period of time and archives your APY, then Bitcoin is the first coin to consider. Many altcoins are usually for a short term profit because of their pump and dump character.

[|MINER|]

I think both.  Opportunity is the opportunity to invest your money to profit and the challenge is to survive in a hostile environment.  Many people have gained a lot by investing in crypto. Many people have faced huge losses. It depends a lot on luck. Again it depends on the market analysis. Investing by understanding the market conditions and taking profit in time is also a challenging thing. So crypto currency.  We can call investment as both an opportunity and a challenge. Because a person has an opportunity to make a profit through investing without keeping his money in the bank, and investing that money in the right place is also a challenge.

[Asiska02]

For me, it's a challenge and an opportunity, to find an opportunity on a coin worth investing in. With so many scam coins now and the market being flooded with scammers and cash cows, we have to level up to trace or find the right coin to invest.

You’ll appreciate and know the value of what you’re investing in if it took some of your precious time to find out about it. Knowing how to dictate scam coins and catch scammers should be a thing of joy, because it gives you room to more findings and can hit the market of some new coin as an early bird, which is what most investors want while investing in cryptocurrency.

It is harder now than 7 seven years ago it's like looking for a needle in a haystack but it's rewarding when you find the right coin to invest especially if you're an early bird.

If it’s worth the profit, you should not bother about the time you’ll spend to find the right coin worthy of investing into. Nothing good comes that easy. This is the 21st century, you have to always be one step ahead of others and always grab opportunities in the crypto space while they’re still early, that’s the only way you can see the value and time you’ve spent in this space. So many scam coins doesn’t mean they’re not legit ones you can also research on and make investment in.

[rizqillah]

I think both.  Opportunity is the opportunity to invest your money to profit and the challenge is to survive in a hostile environment.  Many people have gained a lot by investing in crypto. Many people have faced huge losses. It depends a lot on luck. Again it depends on the market analysis. Investing by understanding the market conditions and taking profit in time is also a challenging thing. So crypto currency.  We can call investment as both an opportunity and a challenge. Because a person has an opportunity to make a profit through investing without keeping his money in the bank, and investing that money in the right place is also a challenge.

In my opinion, both, opportunity is our chance to gain profit from investing in crypto, while the challenge is the volatile and unpredictable crypto market. There are also other challenges where we must have free capital in investing in crypto if we decide to hold long term.

[Tribalchief]

In my opinion, both, opportunity is our chance to gain profit from investing in crypto, while the challenge is the volatile and unpredictable crypto market. There are also other challenges where we must have free capital in investing in crypto if we decide to hold long term.

You are quite on point, but am not too sure if "free capital" should be the phrase, but rather "continuous capital" that comes from a continuous stream of income. That's literally a massive challenge, especially for those who really want to invest in Bitcoin, or continue their investment in Bitcoin. Besides, Bitcoin investment ought to be a continuous activity for those who are Long term minded, and especially for those that can't accumulate much from a single purchase. This challenge can't be resolved by the investment itself (Bitcoin), but can be resolved by having a personal stream of income that can both sustain an investor, and can also allow the Investor to continue his/her accumulation. So, the challenge like you've mentioned (capital) is a big negative factor, that affects those with no jobs when it comes to Bitcoin kind of investment.