Mina is one of the latest cryptocurrencies to hit the market, but investors are being warned about “wild price swings”.
Investors looking to put cash in cryptocurrencies need to be aware that they, like any investment, are a risky business. Making money is never guaranteed and you should make sure you can afford to lose the money you put it in.
Cryptocurrencies are highly volatile, so the value of your investments can go down as well as up in the blink of an eye.
Newer cryptocurrencies are also riskier than older ones such as bitcoin, and make you more open to scams.