You are viewing a single comment's thread from:

RE: What Would You Advise a Newcomer Wanting to Invest in Crypto?

in Ask the Hive5 years ago

Only invest what you are happy to lose. And i mean seriously lose like having 0 left after one year. It is all still very experimental and blockchains horribly fail. There are a lot of examples for that. So you are up against very bad odds. Doing research can give you a little better chances but still it is extremely risky and you are more likely to lose everything than gain from it.

Sort:  

All harsh truth.. No silver lining in it.. Makes sense.. Its hard to earn money.. Then Why would it be easier here.. But can you tell me one thing? Is the risk worth it?.. I mean ive seen people lose Everything in stock market crashes. But investing is a purely new thing for me. So is it worth it?..