Quote from: heraldlazaro25 on January 23, 2018, 01:05:30 PM

Quote from: micky mou on January 23, 2018, 07:10:11 AM

People are loving cryptocurrency.....
but on the other side of a coin
it must have many risks
list all the risk and make people's aware///////////

We all know that cryptocurrencies has its own advantages and disadvantages. We should also know what can we gain and what risks can we encounter especially when we engage ourselves as well as our money in it. Example of risks are being scammed, losing money, and many other things that may affect your daily life.

It seems to me that the biggest risk of investing in cryptocurrency is a prospect of a General ban. Until there was a hope that bitcoin will be used as currency increased demand for bitcoin and the prices rose. Banks and governments could not stop the use of bitcoin as currency. But people have turned bitcoin into a tool for accumulation. Under these conditions, we will never get rid of the need to exchange bitcoins for Fiat. It makes us vulnerable. Therefore, investors are leaving the cryptocurrency. We see the outflow of capital of all cryptocurrencies.