⚠️ Cryptocurrencies: What Are the Main Risks You Need to Know?
Investing in crypto can be exciting — but it's not without risks! Knowing this is essential to protect your capital. 🛡️
Here are the main ⚠️:
🔐 1. Lack of personal security
You are your own bank! Lost your private key? No one can recover it. So, take good care of your wallet.
📉 2. Extreme volatility
The crypto market can rise or fall 30% in hours. Ideal for those who understand the risks and do not invest more than they can afford to lose.
🎣 3. Scams and frauds
Pyramid schemes, fake tokens, and promises of easy profit are common traps. Always be suspicious!
📜 4. Uncertain regulation
Laws regarding crypto vary widely between countries and change rapidly. A new rule can impact your investment.
💻 5. Technological failures
Bugs in smart contracts or issues on exchanges can cause losses — especially in new or poorly audited projects.
🎯 How to protect yourself?
Do your own research (DYOR)
Use secure wallets
Don't fall for miraculous promises
Diversify
Invest responsibly
💬 Have you ever gone through a tough experience with crypto? Share in the comments! 👇
