Risks associated with cryptocurrencies
Greeting to the all steem family member. Today i am here to share my idea about cryptocurrency to all family members.
https://images.app.goo.gl/eErcFGwE5x4EyZJE6
Firstly
What is cryptocurrency: a mixture of digital assets, huge amounts of computing power and a network of servers on which to store shared data. these are sometimes known as coins.
Secondly: Reasons why investors do save their money on crypto.
Because They are currencies been secured against hacking by cryptography and can be converted into real-world money anonymously.
Risk associated with cryptocurrencies
Higher prices mean that holders of the currency whether exchanges, trading platforms or retail punters are a more lucrative target for hackers.
Some platforms and exchanges take the risk of a trade on to their books and pay out customers from their own funds, until they can sell the currency on the market. If a fraction of customers sold, that could put a stress on the market intermediaries, which do not have access to credit at banks.
3)there are significant real-world problems.