Cryptocurrencies are often perceived as a technological innovation or an alternative to traditional finance. However, behind this attractive veneer lie unique risks: a lack of centralized regulation, high volatility, vulnerability to cyberattacks, and dependence on public opinion. Even digital assets pegged to fiat currencies (stablecoins) are not immune to the possibility of losing value—historically, there have been instances of their price deviating from their stated parity.
It’s important to understand that the crypto market operates without a single regulator and doesn’t provide the same safeguards as traditional financial systems. For example, if a wallet is compromised or a transaction error occurs, funds can be lost without recovery. This doesn’t make cryptocurrencies “bad”—it just requires a higher level of awareness and caution.
Therefore, even if you don’t plan to trade cryptoassets, it’s helpful to understand their nature. This will help you avoid hasty decisions influenced by trends and better evaluate media reports. We don’t advocate buying or holding cryptocurrencies—our goal is to provide an objective picture so you can make informed and independent decisions.
