Frequent Asked Questions

Is Crypto A Good Investment?

Crypto assets are the latest asset class and are highly volatile. Since these assets are highly volatile, the chances of their value appreciating or depreciating more than 1000X are high.

The crypto market is unregulated; thus, it is a risky market. If you lose money, your chances of recovering it depend on how quickly you act and what steps you take. Another threat is that crypto scams are quite common.

Con artists are smart, and they will work on your emotions to get what they want. They will entice their victims by offering fake deals.

Remember that scammers seek you out to make quick money. All scammers follow the following strategies to entice their victims:

While selecting a genuine and reputed broker, here are a few things that you need to research to avoid falling prey to an online cryptocurrency scam.

When you realize you have been scammed, you need to quickly take action and take precautions to minimize the losses further.