Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
New articles
New article comments
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Earning
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Cryptocurrency Forums
Things You Should Know Before Investing in Cryptocurrency
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Jasmine, post: 208264, member: 49159"] When people hear that a lot of people became millionaires by investing and trading cryptocurrency, they also want to invest in cryptocurrency and make profits, but what they actually do not know that crypto currency investment is not always profitable. Here are the things, you need to consider before investing in cryptocurrency Volatility Cryptocurrency price is depended on demand and supply, unlike the fiat money, whose value depends on the economic performance of the country, cryptocurrency primarily depends on buying and selling behavior. For example, if you have bought 1 Bitcoin for $42,000 about a week ago, you would have encountered a huge loss because currently Bitcoin is $36,000. Losing $4000 just in a week is a huge loss. Bitcoin is of course the most popular and the most valuable cryptocurrency, but the price is not stable and the volatility makes it a risky investment. Rug Pull Rug Pull is a term used in the cryptocurrency market when the developer of the crypto coin or token or whales (big investor) run away with the investors’ money. Rug Pull frequently happens and the latest one is Squid Game Token. When the developer of Squid Game Token ran away with the investors’ money, the value of token became worthless overnight from over $2000. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Cryptocurrency Forums
Things You Should Know Before Investing in Cryptocurrency
Top