Risks in Cryptocurrency Investment

Security Risks

Security risks include threats like hacking and phishing. Hacking refers to unauthorized access to your cryptocurrency by cybercriminals, while phishing involves tricking you into giving away sensitive information, like your private key. Think of it like having a locked safe for your valuable items. If someone manages to break into your safe (hacking) or tricks you into handing over the combination (phishing), they can steal everything inside. Just like you need to keep your safe secure, you need to protect your cryptocurrency from these security threats.

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