Please go through the disclaimer before using this website
NOT FINANCIAL ADVICE
At Koinsamosa we provide news, opinions, prices and other information aggregated from various sources and by our editors, This should NOT be construed as financial advice under any circumstances (Ever!). The information provided by our website is only for educational, entertainment and information purposes only. We do not provide any warranty and guarantee related to any parameters of cryptocurrencies or any products included in our website. Although every attempt is made to include correct information, fake news makes way into even the most reputed publications across reputed news sources and news publications.
YOU SHOULD NOT MAKE ANY DECISION, FINANCIAL, INVESTMENT, TRADING OR OTHERWISE, BASED ON ANY INFORMATION PROVIDED ON THIS WEBSITE THAT HAS NOT BEEN INDEPENDENTLY ASSESSED BY A PROFESSIONAL TRADER OR FINANCIAL ADVISOR. .
YOU UNDERSTAND THAT YOUR USE OF ALL THE INFORMATION ON OR FROM THIS WEBSITE IS AT YOUR OWN RISK AND NOT INFLUENCED IN ANY MANNER BY KOINSAMOSA AND THEIR STAFF AND SOURCES.
CRYTOCURRENCIES ARE HIGHLY VOLATILE
Cryptocurrencies are highly volatile digital assets and function 24 X 7 X 365. Any trading, purchase and or sell can be subject to amazing gains or unfathomable losses alike. Due diligence is required along with basic understanding of the nature of these assets before investing. Trading these assets is not advisable for everyone and many traders have lost 6 to 8 figure amounts before making it big or quitting the space entirely. Dollar cost averaging and invest what you can lose are one of the beginners pillars while entering the Bitcoin & crypto investment circle. (Not financial advice!)
DO YOUR RESEARCH, UNDERSTAND THE TECHNOLOGY & START SMALL TO MAKE IT BIG and have patience. Bitcoin & crypto is not a get rich quick scheme. If any new crypto project promises unrealistic 1000X gains and 30% yield on deposits IT IS A SCAM unless proved otherwise.
HACK, PHISHING & LOSS OF FUNDS
Use,purchase,trading & storage of cryptocurrencies is subject to many attack vectors and it is essential that you understand what you are doing. As with any industry, bad actors are constantly exploiting various ways to hack wallets, exchanges or target phishing attacks to unsuspecting holders of crypto to gain access to their funds. It is possible that your crypto wallets may be hacked, phished or drained by hackers and you will not be able to recover your funds at all (Unless a white hat hacker or the hacker themselves return the funds). There exist NO government agencies (National or International) or authorities who will help you recover these funds officially and you may have to bear losses. Consult professionals for advice and do your own research before attempting to invest or trade in bitcoin and cryptocurrencies.
Since cryptocurrencies are new assets based on the blockchain technology and many of them decentralized in nature, there exists regulatory uncertainty in many regions across the globe. Many countries have banned these assets completely while many others have adopted bitcoin as their national currency (Shout out to El Salvador!). Kindly refer to your local / national rules and regulations before investing or trading in these assets.