Is Crypto investment worth the risk??

By iansinc61 | My Cryptocurrency Journey (Part 1) | 23 Nov 2020

For those of you invested in Crypto I thought now was a good time to ask whether you felt it was worth the risk.

I have been involved for over 3 years and have lost a lot through ico scams, exchange hacks and through stupidity by being duped by scammers on telegram which I think is a medium to avoid. However I still think if you are brave and very careful trusting no one then it is still a good form of investment with potential huge returns.

With the bull market now started there are big returns to be had but you really need an exit strategy and need to set targets to withdraw funds either to stablecoins or to fiat.

Anyhow what do other crypto investors think? Have you been burnt and if so has it really put you off?

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iansinc61

Not really a big reader but interested in crypto

My Cryptocurrency Journey (Part 1)

I started in cryptocurrency in June 2017 when the last bull run was in its final 6 months big run up (although I didnt realise that at the time). My portfolio of about £3000 had reached a total of approx £27000 but unfortunately I didnt cash out so this is presently (5/1/20) worth 50% of my original investment but I am hoping an upturn is underway and I will be back in a profit. I will in next part give some thoughts and tips for newbies (who dont intend to learn technical analysis and day trade).