manaliKnowledge Contributor
What are the risks of investing in cryptocurrency?
What are the risks of investing in cryptocurrency?
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If the value goes down, there’s no guarantee that it will rise again. Nothing about cryptocurrencies makes them a foolproof investment. Just like with any investment opportunity, there are no guarantees. No one can guarantee you’ll make money off your investment.Scams and fraud, hacking, and simply losing your private key, along with volatility, are associated with buying cryptocurrency.