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Bitcoin is a popular digital currency that offers potential rewards, but it also comes with significant risks. Investors should be aware of these risks before getting involved. First, the price of Bitcoin can be highly volatile, leading to sudden losses. Second, there are security concerns, such as hacking and fraud in exchanges. Third, regulatory changes can impact its value. To manage these risks, investors should diversify their portfolios, use secure wallets, and stay informed about market trends. Additionally, only invest money you can afford to lose. By understanding these aspects, you can make more informed decisions about Bitcoin investments. |
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