There are many newcomers who want to invest in #Cryptocurrency and they come in a sense that they will make huge profit. No doubt Crypto is one of the best markets that has the potential to make good money for you.

Unfortunately, many of them don't know about the risks that are involved in investing in Cryptocurrency. They have seen only the bright side but are not aware of the dark side.

This is more good to know about the risks that are involve in the crypto market. This will help you to manage your investment and reduce the risk of loss. Also you will gain huge benefit from your investing.

In this post I am going to share three main risks that are involved in investing in Crypto. One of the greatest risk is the risk of fraud. There have been number of scams involving cryptocurrencies.

There are around more than 1800 Cryptocurrencies and not all of them are fair and legit project. I can say it with more believe that almost 60% of the crypto coins will vanish in the next bear run.

Therefore, the right selection of Crypto coin is very essential in order to protect your wealth and investment. You have seen currently the crash of #Luna and #FTX which was really a disaster in the crypto industry.

These were the two best coins and projects which many people had believe into them as well. But what happened is in front of all of us and the recent crash proves that not all the crypto coins are legit.

You must select the right one and best project for the future growth. Therefore, it is better to know the risk involve in the crypto investment.

The next risk that is involve in the crypto investment is volatility. We all that Crypto market is high volatile which means the price movement is very fast. In a matter of time you can be millionaire and in a matter of time you can lose all of your money.

A Close Look at the Risks of Investment

Therefore, before investing your money you must understand that the crypto market is high volatile and there is much risk of loss of money if you have wrong choice of investment.

If you are a wise investor you will never choose a coin which is high volatile and also not empty from risk. I dont recommend to invest in weak project coins such as #pepe #shiba #SIA and many other coins.

The better crypto coins I understand are #HIVE #BITCOIN #ETH #ADA which have the solid project.

The last risk which is much worrying for all the crypto users and that is the crypto regulation. Cryptocurrencies are not regulated by the government, which means there is no guarantee that you will get your money if it goes wrong.

But this is not much problem now because we have many new features and instruments and that can give you access to your asset.

What do you people think about these three major risk involve in crypto investment? Do you think Crypto is one of the best investment you can build your wealth. Will be glad to see your answers in the comment below.

I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.

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