SOL really has great opportunities to offer given its low fees and fast transactions. However, it’s still important to know and understand that there are risks that come with investing in it.
Here’s what you need to know:
1. Regulatory - SOL is at higher risk at being deemed a security by prioritizing scalability over decentralization.
2. Competition - There’s a lot of competition catching up to Solana, including Ethereum layer 2 solutions and next-gen Layer 1 chains.
3. Technology - Solana has a history of bugs that take the network down for extended periods of time. It is the kind of thing that can crush short-term momentum
4. Market Risks - Markets are fickle. There's always risk that the sentiment will turn and your coins will lag. This happened to Ethereum this year (until the ETF approval anyway), and ETH's price trailed the market.
Understanding the risks is the first step to smart investing.
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Things are about to get crazy....
Learn about the hidden dangers of token unlocks and how they can impact your crypto investments!
Stay informed, invest wisely, and protect your gains.
Click the link to read more!
https://www.positiveskew.ventures/p/token-unlocks-silent-killer
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