Cryptocurrencies are highly volatile, which means that their value can fluctuate rapidly. This makes them a risky investment and not suitable for risk-averse investors. Cryptocurrencies are not yet widely accepted as a form of payment, which makes them less convenient than traditional banking systems.
Cryptocurrencies are not yet fully regulated, which means that there is a risk of fraud and market manipulation. Once a transaction is confirmed on the blockchain, it cannot be reversed. This means that if you send cryptocurrency to the wrong address or fall victim to a scam, you may not be able to recover your funds.
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This is why Cryptocurrency is better than keeping your money in banks.
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