High volatility: Cryptocurrencies are very volatile, which can make it difficult to predict their movement and estimate the best time to invest;
Fraud: When deciding to buy altcoins, be aware of the high level of fraud. There are fraudulent projects on the market aimed at stealing user funds and quickly enriching their creators;
Security: Cryptocurrency wallets are vulnerable to hacking and viruses, which does not guarantee 100% security of storing not only altcoins, but also any digital assets. Therefore, choose cold storage like Ledger, Trezor, etc.;
Regulation: Regulations and laws governing cryptocurrencies may ban digital coins or recognize them as securities, which may affect their value.