Investing in cryptocurrency, does it worth it?

[magnus2022]

Cryptocurrency is emerging market that have a lot of prospects. A lot of people are making good money from cryptocurrency. On the other hand, thousands lose their money either through scam and other ponzi schemes. Moreover, cryptocurrency market is very volatile and someone can lose thousands of dollars overnight.
What is your take on investing on cryptocurrency?

 

[Nomad]

Yes, you can profit. But you might have to invest for a longer time. If you cannot hold investment for longer time, you might be at loss

 

[Augusta]

Investing in cryptocurrency has some advantages and worth it. as it is Fast and inexpensive: cryptocurrency transfers can be faster and cheaper than traditional exchanges of currency. You can also make profit off it

 

[riberet19]

Yes, it's a good idea, but in my opinion, if you want to make money in the crypto world, the most important thing is your entry position, I think this is the most important thing of all.

 

[eLdavis]

Investing in cryptocurrency is definitely worth it, the most important thing is having a clear understanding of how it works.

 

[Suba]

Indeed, investing in any investment instrument requires a plan and a goal and some expertise, so in the crypto world you need it, my experience from 2011, investing in crypto is very profitable.

 

[King Belieal]

Investing in crypto is profitable but it also has its own risks. You have to study the risks and make rational investment decisions.