What are some of the risks associated with investing in cryptocurrency?
- Risks associated with cryptocurrency investment include:
- Volatility: Cryptocurrency prices can fluctuate significantly, leading to potential losses.
- Scams and fraud: The cryptocurrency market is susceptible to scams and fraudulent activities.
- Regulatory uncertainty: Cryptocurrency regulations are still evolving, which can create legal risks.
- Technical risks: Cryptocurrency technology is constantly evolving, and technical issues can arise.
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