Dec. 1 at 4:52 PM
$FBTC $MSTR
LISTEN FOR THE GIANT SUCKING SOUND!
Cryptocurrency is not considered a safe investment due to its extreme volatility, regulatory uncertainty, and risk of fraud and theft. Investors should be prepared to lose their entire investment.
Regulatory uncertainty: The legal landscape for crypto is still evolving, with regulations varying significantly by country. Future regulatory changes or crackdowns could have unpredictable effects on the market.
Security risks: The crypto market has attracted various scams, hacks, and fraudulent schemes, such as Ponzi schemes and "rug pulls".
Lack of intrinsic value: Unlike stocks, which are typically backed by company profits or tangible assets, the value of cryptocurrencies is primarily driven by speculation rather than physical or financial assets.
User risk: Crypto transactions are irreversible. Unlike with traditional finance, there is no way to cancel or recover a transaction after it is sent, which is a major risk in case of error or theft.
