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Am I ready to lose my money?

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Noviarini

Am I ready to lose my money? in General Cryptocurrency Discussion_xx
Cryptocurrencies are new and exciting and potentially life changing. But the fact is that 100% of the value of an investment could be instantly lost through devaluation or cyber crime.

How do we not lose a lot of money in cryptocurrency?

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#1 - February 10, 2019, 05:41:04 AM

Lordmishi

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Quote from: Noviarini on February 10, 2019, 05:41:04 AM
Cryptocurrencies are new and exciting and potentially life changing. But the fact is that 100% of the value of an investment could be instantly lost through devaluation or cyber crime.

How do we not lose a lot of money in cryptocurrency?
There is so many scam in crypto and you have to be carefull and be selective especially on ICO, read carefully the whitepaper before you invest.

Trading crypto is not like trading forex, you would not lose yoyr money unless you sell yoyr coin. So dont buy at high and sell at bottom.
#2 - February 10, 2019, 07:45:25 AM

Purple

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be careful a lot of fraud under the guise of cryptocurrency and my friend experienced it ......... fraud is now more sophisticated with the tools that are now there ... and I cannot understand
#3 - February 10, 2019, 02:37:55 PM

ekawahyu

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Am I ready to lose my money? in General Cryptocurrency Discussion_xx
Quote from: Noviarini on February 10, 2019, 05:41:04 AM
Cryptocurrencies are new and exciting and potentially life changing. But the fact is that 100% of the value of an investment could be instantly lost through devaluation or cyber crime.

How do we not lose a lot of money in cryptocurrency?
yes devaluation can happen in crypto. but you wont lose you money unless you sell you crypto when the price drop. More over you have to make good research of when and which coin to invest to.
#4 - February 10, 2019, 02:42:29 PM

rafid

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most of people lost their money because they wrong to enter in the right time, they entry when the price already very high, i cant realize how the feel of people that buying bitcoin at 20k
#5 - February 10, 2019, 02:46:20 PM

ekawahyu

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Quote from: rafid on February 10, 2019, 02:46:20 PM
most of people lost their money because they wrong to enter in the right time, they entry when the price already very high, i cant realize how the feel of people that buying bitcoin at 20k
yes I can felt it also, becasue ai bought several altcoin at their peak price. Lucky for me, I have nerver use my oen pocket money to buy any of those purchase. so its a bit relieving
#6 - February 10, 2019, 02:56:45 PM

ASHfx

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Quote from: Noviarini on February 10, 2019, 05:41:04 AM
Cryptocurrencies are new and exciting and potentially life changing. But the fact is that 100% of the value of an investment could be instantly lost through devaluation or cyber crime.

How do we not lose a lot of money in cryptocurrency?
I think crypto besides bitcoin is a game, only Luck can provide benefits. it's better to look safe only in bitcoin 😉
#7 - February 11, 2019, 01:09:04 AM

ekawahyu

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Quote from: Sulaeman on February 11, 2019, 01:09:04 AM
I think crypto besides bitcoin is a game, only Luck can provide benefits. it's better to look safe only in bitcoin 😉
I have to dissagree in this. there are several crypto project beside bitcoin that has real value and not just a game.
but I also belive that there are many crypto project that might went into scam.so we need to be carefull in choosing which to invest to
#8 - February 11, 2019, 04:41:55 AM

Bintang

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The problem is the loss of funds in Bitcoin investments, maybe you mean investment sites which provide Bitcoin or cryptocurrency investments that do have scam missions. So before we invest more closely in finding investment sites that really have high ratings and good trust. because if not, as you say, you will lose a lot of capital from the investment site so we must be vigilant about looking for or choosing a trusted investment site
#9 - February 11, 2019, 08:01:53 AM

Vi

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be carefull a lot. the crypto market tends to be unstable so use the right techniques to get profits in the crypto market
#10 - February 11, 2019, 09:16:41 AM

ekawahyu

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Quote from: Bintang on February 11, 2019, 08:01:53 AM
The problem is the loss of funds in Bitcoin investments, maybe you mean investment sites which provide Bitcoin or cryptocurrency investments that do have scam missions. So before we invest more closely in finding investment sites that really have high ratings and good trust. because if not, as you say, you will lose a lot of capital from the investment site so we must be vigilant about looking for or choosing a trusted investment site
I don't really believe in taht kind of investment. Mining bitcoin is just like mining gold. You will get money when you sold the gold you get.
and you can only do it once.

there is no way you can get a stable profit every months.
so we better be careful in those kind of investment
#11 - February 11, 2019, 09:36:50 AM

Bintang

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Quote from: ekawahyu on February 11, 2019, 09:36:50 AM
. 
I also agreed with what you said ... Indeed there is nothing more profitable than mining ... Like gold mining ... We only need tools and there is no risk of losing ...
#12 - February 11, 2019, 09:57:48 AM

ekawahyu

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Quote from: Bintang on February 11, 2019, 09:57:48 AM
I also agreed with what you said ... Indeed there is nothing more profitable than mining ... Like gold mining ... We only need tools and there is no risk of losing ...
yes, and that the reason why i don't really believe in those kind of investment.
so becareful if you are already doing that.
:):)
#13 - February 11, 2019, 10:01:00 AM

Bintang

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Ready for bosque ... I also have many dark experiences about investing ... So with that experience I am more careful in investing ... Heheh
#14 - February 11, 2019, 10:04:30 AM

ekawahyu

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Am I ready to lose my money? in General Cryptocurrency Discussion_xx
Quote from: Bintang on February 11, 2019, 10:04:30 AM
Ready for bosque ... I also have many dark experiences about investing ... So with that experience I am more careful in investing ... Heheh
did you lose a lot of money.
yeah, I leard from my father. he has been scam from an MLM kind of business.

sad, becasue he has lost a good sum of money back then, when things has been a bit harder for my family.:):)
#15 - February 11, 2019, 10:31:07 AM
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