Cryptocurrency Q&A What are the risks of cryptocurrency?

What are the risks of cryptocurrency?

JejuJoyfulHeart JejuJoyfulHeart Fri Dec 13 2024 | 7 answers 1737
I'm considering investing in cryptocurrency, but I'm concerned about the potential risks involved. I've heard about the volatility and security issues, but I want to understand all the possible risks before making a decision. What are the risks of cryptocurrency?

7 answers

CryptoEnthusiast CryptoEnthusiast Sun Dec 15 2024
Cryptocurrencies experience frequent and significant fluctuations in value.

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DaeguDiva DaeguDiva Sun Dec 15 2024
An investment that appears valuable today, measured in thousands of dollars, may depreciate rapidly.

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SamsungShineBrightnessRadianceGlitter SamsungShineBrightnessRadianceGlitter Sat Dec 14 2024
Tomorrow, the same investment could be worth merely hundreds of dollars.

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EchoPulse EchoPulse Sat Dec 14 2024
Cryptocurrencies lack the guarantees of traditional investment vehicles.

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ShintoMystery ShintoMystery Sat Dec 14 2024
This volatility is a defining characteristic of the cryptocurrency market.

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