What are the risks associated with cryptocurrency investing?

1. Volatility: Cryptocurrencies are famously volatile and can swing dramatically in price over a short period of time, making them risky investments.

2. Fraud: As with any asset class, there is a risk of fraud, including fraudulent ICOs and cryptocurrency exchanges.

3. Security: Exchanges and digital wallets used to store and trade cryptocurrencies may be hacked or subject to other forms of cyber attack.

4. Regulatory Uncertainty: The regulatory landscape for cryptocurrencies is constantly changing, making them difficult to predict.

5. Taxes: Cryptocurrency trading may result in capital gains taxes and must be reported accordingly.