Crypto Assets And What You Should Consider Before Getting Into What You Do Not Understand .
The growth of crypto assets presents individual investors with many questions. If you are considering an investment opportunity involving crypto assets, you may be wondering if it is legal, if it is right for you, or even whether it might be a scam. Those who are offering crypto-asset related investments or services may not be operating in compliance with applicable law. Here are some resources to help you better understand these complex topics:
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Fraudsters continue to exploit the rising popularity of digital assets to lure retail investors into scams, often leading to devastating losses. “Digital assets” include crypto-currencies, coins, and tokens such as those offered in so called initial coin offerings (ICOs). Investors may be less skeptical of investment opportunities that involve something new or “cutting-edge,” or may get caught up in the fear of missing out (FOMO). For example, some investors may have FOMO, given the rise in price of some digital assets in recent years, that they will miss an opportunity to become very wealthy. If you are considering a digital asset-related investment, take the time to understand how the investment works and to evaluate its risks. Look for warning signs that it may be a scam. Remember I have all the necessary answers to your questions that you might be thinking about now.
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