Risk Warning
Trading in digital currencies involves significant risk.
- Volatility
- “The value of Bitcoin is highly volatile and can rise or fall significantly in a short period of time. You may lose some or all of your investment.”
- No Guarantee of Profit
- “There are no guarantees of returns. Past performance is no guarantee of future results.”
- Regulatory Risk
- “Cryptocurrencies, including Bitcoin, often fall outside traditional financial regulations. This may result in unexpected legal or tax liabilities.”
- Fraud and Cyber Risks
- “Trading in Bitcoin involves risks, including the risk of fraud, hacking, and loss of access to your wallet due to loss of your private keys.”
- No Consumer Protection
- “Bitcoin transactions are usually irreversible. In the event of errors or disputes, there may be no access to recovery mechanisms.”
- Technological Complexity
- “Understanding and managing Bitcoin requires technical knowledge. Incorrect actions may result in loss of assets.”
- Liquidity Risk
- “The ability to buy or sell Bitcoin may be limited depending on market conditions.”
- Investing with money you can afford to lose
- “Only invest money you are prepared to lose.”
“Always consider seeking professional advice before investing in Bitcoin or any other cryptocurrency.”