What are the risks in investing in Cryptocurrency?

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Even if cryptocurrency is popular and widely appreciated to give better returns, why do people still avoid investing in Cryptocurrency?

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There are three major risks of investing in Cryptocurrency. They are:-

1. Cryptocurrencies are volatile than stocks, bonds, or any of the traditional assets that investors or people invest in. The value may be up in a matter of seconds or come crumbling down in a flash.

2:- Hackers are attacking investors for Cryptocurrencies, the hackers get into their accounts and steal the money. The exchanges can be hacked as well.

3:- Investors need to pay taxes for investing in Cryptocurrencies.

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