Cryptocurrencies have cemented their status as one of the most profitable investments of the last decade. Despite the current downturn of most assets, the return on investment on most assets have been stunning. However, it seems that the profitability may have eaten deep into the heads of some “investors” who want to make quick cash, forgetting that these cryptocurrencies are no get-rich-quick schemes. So, this greed has led many to losing their capital to project rug pulls, and sometimes, wallet drains.
That said, we found out that many of these victims do not know what risk to take and what to avoid while investing. Hence, we’ve curated five-pointer risks that crypto investors or traders should never take. Whether beginner or experienced, taking this information into account will prevent you from falling into the hand of lurking crypto thieves.
Risk 1: Trading Without Following Regulation
While cryptocurrencies started with the aim of avoiding government involvement, it seems that...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...