The crypto world is a complex one. Its popularity has grown hugely since the start of the pandemic, with some people putting their life savings into cryptocurrency and trying to use it as a “get-rich-quick” scheme. 🤑
But crypto is anything but a guaranteed income. Lots of people have lost large sums of money by getting involved with it – often money they couldn’t afford to lose. It’s not uncommon for the cryptocurrency market to drop 10% in a day – something that becomes even more serious when people start getting involved with money that isn’t their own.
Crypto 101 factsheet
Whatever your thoughts on cryptocurrency, it doesn’t seem to be going away anytime soon. So we’ve created a factsheet covering all the basics you need to know, including:
-
What crypto is
-
The dangers of cryptocurrency
-
How to use cryptocurrency safely if you do decide to get involved
