💀 1. Extreme volatility:
Cryptos can soar or plummet in minutes. That adrenaline can wipe out entire accounts. Many enter out of greed and leave ruined.
💸 2. Scams and Ponzi schemes:
"Miracle" projects, ghost tokens, and fake gurus abound. If they promise guaranteed returns, run away.
🎭 3. Anonymity = crime:
The anonymity that protects freedom is also used for money laundering, arms buying, drugs, and tax evasion. That's why governments are starting to regulate heavily.
🕵️ 4. Lack of clear regulation:
Unlike traditional markets, many platforms lack solid legal backing. If you lose your funds, there's no one to complain to.
⚠️ 5. Custody and hacks:
If you don't manage your private keys well, you lose everything. And even on large exchanges, there have been multi-million dollar hacks.
📉 6. Manipulative influencers:
A tweet or an Instagram story can move the market. And many influencers are paid by the very projects they promote.
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Conclusion:
Cryptocurrencies are powerful, but like fire: they can illuminate or burn you. Only informed and disciplined traders survive in the long run. Do you want to be among them? Learn, research, and don't buy smoke.#BTCWhaleTracker #BTC120kVs125kToday #USCryptoWeek