Risks to know before investing in Bitcoin
Risks to know before investing in Bitcoin

By akis | Invest in bitcoin | 3 Oct 2019


The risk that we want to recognize as the investment risk of Bitcoin is that the price fluctuates greatly. Bitcoin price fluctuations can be large and sometimes crash.

Since Bitcoin is traded in the market, the price is determined by supply and demand.
Be aware that news that negatively impacts the price of Bitcoin may crash quickly.

The next thing you need to know about sending Bitcoins.
When sending money, it is necessary to enter the bitcoin address.

It is also necessary to know that virtual currency has a risk of being involved in incidents such as hacking damage. The exchange is taking measures against hacking, but it cannot be said that it is absolutely safe. If an exchange is hacked and customer assets are stolen, you can lose assets.Use a cold wallet to reduce the risk to protect bitcoins from hacking.

 


akis
akis


Invest in bitcoin
Invest in bitcoin

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