Bitcoin: The Top Risks You Need to Know About
Bitcoin is a digital currency that has taken the world by storm. Due to its decentralized nature and its use for anonymous transactions, many people are drawn to it as an investment opportunity. However, there are several risks associated with Bitcoin that you need to be aware of before investing in it. This blog post will discuss the top risks associated with Bitcoin.
Let's take a look at these risks.
Price fluctuation
Bitcoin is currently trading at around $6,700. It saw a price of over $19,000 before the beginning of 2018, but it also experienced lows under $5,000. As you can see, Bitcoin's value fluctuates significantly and rapidly. If you consider joining Team Bitcoin or want to buy some yourself, keep in mind that your money could be worth half as much next week (or less). By the ...