What risks are associated with buying cryptocurrency?

1. Volatility: The value of cryptocurrencies can be extremely volatile and sudden changes in market sentiment can cause significant fluctuations in the value of any cryptocurrency.

2. Security: Cryptocurrency exchanges and wallets can be targets of hackers, so it is important to take the necessary measures to keep your cryptocurrencies secure.

3. Regulatory uncertainty: Cryptocurrencies are largely unregulated, so the legal implications of investing in them are still unclear in many jurisdictions.

4. Fraud: Fraudsters can target unsuspecting investors by setting up fraudulent platforms that promise high returns on investments.

5. Limited use cases: Unlike conventional currencies, most cryptocurrencies have limited use cases and it may be difficult to convert them into real-world goods or services.