Things to beware of in cryptocurrency trading
Cryptocurrency trading can be profitable, but it does come with risks. Beware of:
- Price fluctuations: Prices can fluctuate rapidly.
- Cyber attacks: Accounts can be subject to cyber attacks.
- Fraud: Investors can be subject to fraud.
- Lack of regulation: Lack of regulation can lead to a lack of protection for investors.
- Financial risks: Trading can lead to significant financial losses.
Investors should be aware of these risks and take the necessary steps to protect themselves from them.
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