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Knowing the risks of crypto review

Lesson in Course: Ambition reviews (beginner, 5min )

Part 3 of Is crypto right for me

Risks of investing in crypto

Cryptocurrency as an asset class is still in very early stages. Since the utility and value of the crypto are evolving, wild price fluctuations are common.

 
 

Technological risks of investing in crypto

Natively digital assets like cryptocurrency are susceptible to hacking. Instead of breaking into a vault, criminals break into our computers or digital wallets.

 

Some risks are less malicious than hacking and scamming. These technology risks result from continued development efforts on evolving technology.

 

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