⚠️ 1. Scams & Fraud

Rug pulls, fake tokens, and Ponzi schemes are rampant.

In 2024 alone, billions were lost to DeFi scams and phishing attacks.

#CryptoScamsBinance #rugpullalert #FraudAlert

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🔐 2. Lack of Protection

Unlike banks, most crypto platforms aren’t insured.

If an exchange collapses (e.g., FTX), users often lose everything.

#NotYourKeysNotYourCoins #CryptoSecurity

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📉 3. Extreme Volatility

Prices can crash by 80%+ in a day (see Terra/LUNA, FTT).

Emotional investors may panic buy/sell at the wrong time.

#CryptoCrash #RiskyInvestments

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🧾 4. Regulatory Uncertainty

Laws differ wildly by country; what’s legal today may be banned tomorrow.

Projects can be shut down or fined suddenly.

#CryptoRegulation #LegalRisks

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🧠 5. False Hype & Influencers

Many influencers push projects for money, not merit.

“Hype coins” or celebrity tokens often end in loss.

#DYOR (Do Your Own Research) #CryptoInfluencers

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☠️ 6. Psychological Addiction

Constant price watching, FOMO, and greed can lead to compulsive behavior and mental health issues.

#CryptoAddiction #TradeResponsibly