If we summarize the risk factors, we can distinguish two main groups: the volatility of cryptocurrencies and security issues.
Therefore, study the cryptocurrency you want to buy and nearpay wallet. Subscribe to official developer resources. You may have to spend more than one hour to decide which of the cryptocurrencies to invest in.
In addition to bitcoin, ether (ETH), litecoin (LTC) and Ripple (XRP), there are more than a thousand coins in the crypto world. The only way to figure out where to invest is to read the news and study the analyses. This is very important in terms of the security of your investments, as there are many scammers in this environment.
Some altcoins cannot be bought directly, only with bitcoin or ether. But whichever coin you choose, make sure the exchange or company you use is legal in your country.
Buy cryptocurrency only on regulated sites, as they guarantee the legality and safety of financial transactions.