Post
Topic
Board Trading Discussion
Re: Risks to consider before trading?
by
johncarter123
on 01/07/2019, 07:04:58 UTC
  • Price Volatility Risk: Cryptocurrencies are highly volatile that sometimes the appreciation and depreciation can happen over 400% in a span of few days.
  • Legal Risk: Most countries are yet to regulate Cryptocurrencies. But there has been a fair amount of optimism when it comes to regulation of cryptocurrencies worldwide.
  • Theft: Bitcoin exchanges play a prominent role in bringing Bitcoin to the masses and are also vulnerable to security breaches. There have been incidents in the past where major global Bitcoin exchanges had to shut shop due to hacking.