
First understand the risks before plunging into the world of crypto
Rancakmedia.com – The more complex the technology, the more investment goods will increase, one of which is crypto investment. This investment promises high returns, Cryptocurrency itself is digital money that only exists and can be spent in cyberspace.
Crypto investment, specifically bitcoin, was originally offered by Satoshi Nakamoto in January 2009.
In an investment is not worth it if there is no danger. Before choosing crypto to invest. There are risks to be aware of before considering acquiring crypto.
Very Fluctuating
The phenomenon of rising and falling cryptocurrency exchange rates can occur very quickly and can sometimes be very dramatic. The value may be quite high, but after that it can drop dramatically. Like stock investment, cryptocurrency investment has the characteristics of High Risk High Return.
Vulnerable to Cyber Crime
Cryptocurrencies themselves are technology-based, therefore these investments are highly vulnerable to cyber threats. If that happens, you will have a hard time getting your hands on it if your crypto is lost or stolen.
There are claims that some buyers lost their investments due to hacking. If you want to find out more, consider looking into intermediaries for exchange theft cases in different countries, especially in 2019.
Lack of Regulation
Regulations governing cryptocurrencies are still relatively new in Indonesia. While these regulations provide legitimacy for these investments to be sound in Indonesia, there are also a number of limitations that may present clients with risks.
That's an explanation of crypto risks, hopefully informative.
Conclusion:
Crypto World Investment, specifically bitcoin, was originally offered by Satoshi Nakamoto in January 2009. There are risks to be aware of before considering acquiring crypto. The phenomenon of rising and falling cryptocurrency exchange rates can occur very quickly and can sometimes be very dramatic. Like stock investment, cryptocurrency investment has the characteristics of High Risk High Return.