$BTC
#SSRCrypto Crypto trading is like riding a rollercoaster! There's potential for huge gains but also massive risks. Here are some major risks involved in crypto trading in India :
Volatility: Cryptos like Bitcoin or Ethereum can swing wildly in price. You could make a killing or lose big time.
Regulatory uncertainty: Crypto rules in India are still evolving. Govt might crack down or change rules anytime, impacting prices.
Security risks: Hacks, phishing attacks, or losing your keys can mean losing your cryptos forever.
Lack of insurance: Unlike banks, cryptos aren't insured. If you lose money, it's gone.
Market manipulation: Crypto markets can be manipulated by big players ("whales"), causing prices to pump or dump.
Liquidity issues: Some smaller cryptos might have low liquidity, making it hard to buy/sell without affecting prices.