The Risks of Cryptocurrency
Cryptocurrency has become a global phenomenon, attracting investors, traders, and everyday users. While it offers opportunities for innovation and profit, it also carries significant risks that should not be overlooked.
Key Risks
- Volatility: Prices of cryptocurrencies can rise or fall dramatically within hours, making them highly unpredictable.
- Security Threats: Digital wallets and exchanges are vulnerable to hacking, scams, and theft. Once stolen, funds are nearly impossible to recover.
- Regulatory Uncertainty: Governments worldwide are still developing