Cryptocurrencies are a high-risk investment product. It is essential that you know their key risks:
- High Volatility: Their prices can fluctuate greatly in very short periods.
- Lack of Protection: They are not protected by mechanisms such as the Deposit/Investor Guarantee Fund, as they are not regulated.
- Technological Vulnerability: The underlying technology (blockchain) is relatively new and can be susceptible to cyberattacks.
- Forks: Events like "forks" or outages can occur, directly affecting their value and availability.
Recommendation: Familiarize yourself with these risks before making any investment decisions.
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