As the craze of crypto currencies are going on hike people have a lots of doubts before investing in it. Here we discus the risk and reward in investing in crypto currencies. Risk of investment in crypto currencies :-
Risk of investment in crypto currencies :-
1. Lack of legal protection in crypto currency payments.
If you are using Debit or Credit card it have a legal protection but payment through crypto currency didn’t have any legal protection. No third parties is involves in the transaction like bank or government.
2. Transaction information will likely be public :-.
It is said that crypto transaction is anonymous but the truth is some thing different. All the detail about transaction is recorded on blockchain both payment and receipt side are recorded on block chain and their wallet address too. Someone may know your detail by knowing your wallet address.
3. Payment are not reversible :-
Once you have made a payment through crypto currency it is not reversible in any case.
4. Values changes constantly :-
The value of crypto currency changes constantly as your investment is thousand of dollars today and it become hundred of dollar in next moments.
5. No any tool proof of making money in investment crypto :-
If someone is telling you that you will 100 % profit in the investment in crypto currency they are making fool of you.
Reward as investment in crypto currencies
1. Easy of transaction :-
You can easily make a transaction of crypto currencies by knowing only wallet address.
2. Heavy rewards :-
As the value of crypto currencies are steadily increasing but it is constant or not is a big question , but you can get good rewards against the risk you have taken.
3. Easy of access :-
You can access of crypto currencies any where as you should have an active internet connection of accessing.
4. Easy of exchange or withdrawal :-
It is very easy to exchange your coin or withdraw it.