Nonetheless, cryptocurrency is considered a high-risk investment because it's inherently volatile, often fluctuating by large amounts within a short period of time. The extreme volatility results from prices that heavily rely on shared beliefs and market sentiment. High risk isn’t inherently bad or good for an investor. Risk works both ways, meaning that each investment into crypto carries the risk of significant failure and benefit of significant success. As an investor, you must evaluate your own risk tolerance before venturing into a cryptocurrency investment and decide between a short-term strategy, long-term strategy or a combination of both. Koin crypto © 2023 CryptoSlate. All rights reserved. Disclaimers | Terms | Privacy
Best 5 Cryptocurrencies in 2022 to Watch Out for According to Fintech Experts: Price Analysis Is it Too Late to Buy Shiba Inu? Crypto Experts Give Their SHIB Price Predictions Following gyrations last week of the TerraUSD stablecoin, and the evisceration of the Luna cryptocurrency that’s linked to it, investors’ willingness to swallow hot air appears to be diminishing. “Hyped and leveraged areas of crypto . . . are seeing mass liquidations, as it is becoming clearer that all the elevated prices were traded on speculation, with limited real user demand,” Morgan Stanley said, in a research report published late last week. N.F.T.s could be the next crypto asset to watch, the report added, noting that the only reason many investors bought these assets was because they thought prices were going higher.