What are the risks associated with investing in altcoins ?

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artem
Posts: 61
Joined: Tue Sep 19, 2023 12:17 am

What are the risks associated with investing in altcoins ?

Post by artem »

What are the risks associated with investing in altcoins ?
gosteeva
Posts: 97
Joined: Wed Sep 06, 2023 1:17 pm

Re: What are the risks associated with investing in altcoins ?

Post by gosteeva »

artem wrote: Wed Nov 08, 2023 3:22 am What are the risks associated with investing in altcoins ?
There are following risks associated with investing in altcoins :

1) Alt coins price fluctuate a lot. In some cases, they drop even by 50% in one day. As a result, it can result in big loss to the investor.

2) Some alt coins have been found to be scam. All the money invested in those coins turned out to be zero.
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