Cryptocurrency Q&A
Why to avoid crypto?
Why to avoid crypto?
JejuSunshineSoulMateWarmth
Fri Nov 01 2024
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5
answers
790
I've heard a lot about cryptocurrencies but I'm not sure if I should invest in them. I've also heard that there are risks involved. Why should I avoid investing in cryptocurrencies?
5 answers
Valentina
Sun Nov 03 2024
Storing cryptocurrency online differs significantly from keeping money in a bank account.
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MysticChaser
Sun Nov 03 2024
Online wallets, where cryptocurrencies are typically stored, lack the same protections as traditional bank accounts.
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Giuseppe
Sat Nov 02 2024
Unlike U.S. bank deposits, which are insured by the government, holdings in online wallets do not enjoy such safeguards.
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HanbokGlamourQueen
Sat Nov 02 2024
Cryptocurrency values are known for their volatility.
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KimonoElegance
Sat Nov 02 2024
They can fluctuate constantly, and sometimes these changes can be dramatic.
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