The emergence of cryptocurrencies, like Bitcoin and Ethereum, has sparked a revolution in the financial landscape. Their rapid growth and potential for high returns have attracted global attention. However, this rise has also brought scrutiny, particularly regarding their environmental impact. The energy demands of these digital assets, particularly through the process of Bitcoin mining, have […]READ MORE
Today, we want to share a personal story close to our hearts here at Bintense – how Lithuania, our home turf, has emerged as a beacon of crypto-friendliness and innovation. As a crypto exchange headquartered in Vilnius, we’ve witnessed firsthand the transformation of this Baltic gem into a crypto paradise. The Crypto Awakening in Lithuania […]READ MORE
In the ever-evolving world of cryptocurrency, it’s imperative to remain vigilant and well-informed. The internet is teeming with opportunistic individuals looking to exploit the unwary, and the crypto market is not exempt from their attention. In this article, we’ve curated essential tips and strategies for your crypto assets to be better controlled and managed. These […]READ MORE
Cryptocurrencies have gained immense popularity in recent years, offering people new and exciting opportunities. However, with the rise in popularity, there has also been an increase in fraudulent activities within the crypto space, including pump and dump scams. In this article, we will explore what pump-and-dump scams are and provide a basic guide on how […]READ MORE
Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be high risk.
What are the key risks?
1. You could lose all the money you invest.
2. You should not expect to be protected if something goes wrong.
3. You may be unable to sell your investment when you want.
4. Crypto asset investments can be complex.
5. Don’t put all your eggs in one basket.
Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on anyone to do well.
A good rule of thumb is not to invest more than 10% of your money in high-risk investments: https://www.fca.org.uk/investsmart/5questions-ask-you-invest.
If you want to learn more about protecting yourself, visit the FCA’s website here: https://www.fca.org.uk/investsmart.
For further information about cryptoassets, visit the FCA’s website here: https://www.fca.org.uk/investsmart/crypto-basics.