5 Top Risks Every Bitcoin Investor Should Know
Thanks to booming optimism among investors, even what many consider to be speculative assets are experiencing strong gains. For example, Bitcoin (CRYPTO: BTC) has skyrocketed 211% since the start of 2023, and it's already up 22% this year (as of Feb. 15).
Before you rush to buy the world's most valuable cryptocurrency to take advantage of the momentum, take the time to understand the top five risks that it faces.
When people think about what can go wrong with Bitcoin, I think the biggest risk factor that comes to mind is governments simply banning it. This means they would make it illegal to own it or transact with it, and mining the cryptocurrency would also be a criminal act.
Source Fool.com
