It is quite likely that a bitcoin price crash will result in a correction in their prices as well. It is also certain that the vast majority of cryptocurrencies that populate the current listings will disappear.
Read moreWhat are the downsides to cryptocurrency?
5 disadvantages of cryptocurrency
Read moreIs cryptocurrency a problem?
Right now, most cryptocurrencies remain unregulated as financial assets under the U.S. Securities and Exchange Commission (SEC) , and because of this, “their prices are frequently manipulated, market participants are too often defrauded or simply exploited, assets are stolen outright, and taxes owed are often not …
Read moreWhy is crypto controversial?
Why are cryptocurrencies contentious? Critics of digital currencies point to their volatility and say their use could undermine authorities’ control of global financial and monetary systems, increase systemic risk, fuel white-collar crime and hurt investors.
Read moreWhat are the risks in investing in cryptocurrency?
The risk is entirely on the investors, with no formal protection in place if they take the wrong gamble . There has been a significant rise in crypto scams, with many wallets held on the blockchain being fed into scam companies, and the wallets emptied and stolen.
Read moreWhat are the main issues of cryptocurrency?
4 Issues Facing Cryptocurrency Today
Read moreWhy do some cryptocurrencies fail?
Most of them failed due to either: Bad publicity . Security issues. Unethical behavior.
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