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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Slaky12
Slaky12Knowledge Seeker
Asked: May 6, 20242024-05-06T05:34:57+00:00 2024-05-06T05:34:57+00:00In: Crypto & Forex

Why is cryptocurrency investment consider as risk investment?

Cryptocurrency investment has been seen a the fastest richest investment, but why is it consider as a risk investment?

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3 Answers

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  1. Light
    Light Trusted Adviser
    2024-06-17T08:06:09+00:00Added an answer on June 17, 2024 at 8:06 am

    Cryptocurrency investment is a risk investment because it's very volatile. Sometimes you are not so sure at your end point, you just hope the strategy you put in place turn out well. So many factors can influence cryptocurrency and that's the main problem. Buying and selling, economy issues, regulatRead more

    Cryptocurrency investment is a risk investment because it’s very volatile. Sometimes you are not so sure at your end point, you just hope the strategy you put in place turn out well. So many factors can influence cryptocurrency and that’s the main problem. Buying and selling, economy issues, regulations , news and so many things can affect the price of cryptocurrency. Only the stable currency are safe.

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  2. Mika
    Mika Expert Mind
    2024-05-07T02:07:26+00:00Added an answer on May 7, 2024 at 2:07 am

    Not just crypto currency all sorts of investment is risky. For instance just like crypto, stock market, mutual funds, ETFs, real estate, bonds, all are risky. The only difference is some investments are high risk whereas some investments are low risk. As far as crypto is considered, it is consideredRead more

    Not just crypto currency all sorts of investment is risky. For instance just like crypto, stock market, mutual funds, ETFs, real estate, bonds, all are risky. The only difference is some investments are high risk whereas some investments are low risk. As far as crypto is considered, it is considered high risk because crypto is not related to any tangible assets. It does not have physical value.

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  3. SHAHID987
    SHAHID987 Newcomer
    2024-05-06T12:17:30+00:00Added an answer on May 6, 2024 at 12:17 pm

    Being one year experience in cryptocurrency market let me say my analysis as yes, it is a risky investment. There are many factors involve here as it is much more dependent on whales of the market who, those target us to put their hands in our pockets and snatch all money. This is something which waRead more

    Being one year experience in cryptocurrency market let me say my analysis as yes, it is a risky investment. There are many factors involve here as it is much more dependent on whales of the market who, those target us to put their hands in our pockets and snatch all money. This is something which was not happening before but most frequently occuring with very short interval nowadays. In stock market we see that some company do good work and show success then it’s share prices increases while here nothing like this happening. The extreme is as people those who are writing about cryptocurrency ups or down movement usually are giving the wrong statement as I read so many places as SHIB will touch its peak in April 2024. But nothing like this happened, we purchased SHIB and waiting and waiting.

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