Risks that people who are going to enter bitcoin investment should know
Risks that people who are going to enter bitcoin investment should know

By akis | Invest in bitcoin | 23 Sep 2019


Legal currencies such as Japanese yen, US dollars, and euros are issued by the central bank of the country, so the issuer is clear.

In addition, since the national economy can only be established if the currency value is stable, the value of the currency is guaranteed by the state unless there is no government control due to political instability.

However, crypto assets such as Bitcoin are not guaranteed by the state, and there is no clear issuer like a central bank, so there is no clear manager.

To start trading Bitcoin, you will need to open an account on the exchange.

However, the exchange is not 100% safe, and there is a risk that Bitcoin deposited by hacking will be leaked.

Price movements of crypto assets such as Bitcoin are not even compared to stocks and exchange rates, and they often fluctuate by nearly 10% in a day, and may increase by around 30% in the tens of minutes .
Because of such a large price movement, it is attractive that you can greatly increase profits when you can ride this trend, but you also need to be prepared for the risk of suffering a large loss.

Even though Bitcoin is an uptrend, I want to make sure to check daily price movements!


akis
akis


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