11-10-2021, 12:25 AM
No, of course crypto is not a safe investment. One day it will be, but when that tim
<!-- SC_OFF --><div class="md"><p>We still see so many posts asking things like "is crypto a safe investment" or "is it safe for me to invest my inheritance in crypto" and the answer is - NO, YOU MANIAC!</p> <p>How can we make this any clearer - <strong>of course crypto isn't a safe investment. It's a mindbogglingly stupid investment if you're purely concerned with risk. I can think of no investment that would be more risky than crypto.</strong></p> <p>But that's why we love it!</p> <p>Honestly, if anyone in authority ever tells you that crypto is a good and safe investment, you have missed your chance. These are the last words you want to hear at the moment - it's the equivalent of a game over screen!</p> <p>To make real money in this world requires risk. Where there is no risk there is no money.</p> <p>This isn't to encourage people to FOMO into crypto when they can't afford to - but to understand that to be successful with crypto you have to accept the danger and embrace it. It's not safe, it's bloody dangerous - even with a good plan in place.</p> <p>But that's the attraction!</p> <p>So stop trying to rationalise it or give yourself a false sense of security. Investing in crypto is terrifying, and you need to accept that.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TrueSpins"> /u/TrueSpins </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qq1j75/no_of_course_crypto_is_not_a_safe_investment_one/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qq1j75/no_of_course_crypto_is_not_a_safe_investment_one/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>We still see so many posts asking things like "is crypto a safe investment" or "is it safe for me to invest my inheritance in crypto" and the answer is - NO, YOU MANIAC!</p> <p>How can we make this any clearer - <strong>of course crypto isn't a safe investment. It's a mindbogglingly stupid investment if you're purely concerned with risk. I can think of no investment that would be more risky than crypto.</strong></p> <p>But that's why we love it!</p> <p>Honestly, if anyone in authority ever tells you that crypto is a good and safe investment, you have missed your chance. These are the last words you want to hear at the moment - it's the equivalent of a game over screen!</p> <p>To make real money in this world requires risk. Where there is no risk there is no money.</p> <p>This isn't to encourage people to FOMO into crypto when they can't afford to - but to understand that to be successful with crypto you have to accept the danger and embrace it. It's not safe, it's bloody dangerous - even with a good plan in place.</p> <p>But that's the attraction!</p> <p>So stop trying to rationalise it or give yourself a false sense of security. Investing in crypto is terrifying, and you need to accept that.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TrueSpins"> /u/TrueSpins </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qq1j75/no_of_course_crypto_is_not_a_safe_investment_one/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qq1j75/no_of_course_crypto_is_not_a_safe_investment_one/">[comments]</a></span>Kind Regards R