Cryptocurrency prices can swing wildly. Bitcoin and other coins often rise or fall by large percentages in a single day.
This volatility can mean big gains but also painful losses. It happens because crypto is still relatively new and speculative, with changing market sentiment driving prices. Even Bitcoin, the largest coin, has had dramatic crashes and recoveries. Investors should be cautious: never invest more than you can afford to lose.
Security is also a concern digital wallets can be hacked if not protected properly. Understanding these risks is key, so patience and careful research are important for anyone involved.