401jk – NICE Chart!

OK I bought a bunch cause the momentum is building. It’s going up, will be interesting to see where it goes long term. I actually think there will be more long terms buyers than sellers.

Good luck to us!

A standard cryptocurrency investment disclaimer highlights the high-risk, volatile, and largely unregulated nature of crypto assets. It explicitly states that information provided is not financial advice and warns that investors could lose their entire investment. Below are the key components of a comprehensive crypto investment disclaimer, reflecting the risks identified by the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and other financial authorities. General risk warnings High volatility and risk of loss: The value of crypto assets can fluctuate dramatically in a short period, and you should be prepared to lose all of the money you invest. Prices are driven by market forces, not government backing, and are exceptionally unpredictable. Not financial advice: Any content or information shared is for educational and informational purposes only. It is not investment, financial, legal, or tax advice, and should not be construed as a recommendation to buy, sell, or hold any cryptocurrency. Conduct your own research: Before making any investment decisions, you are responsible for conducting your own independent research and consulting with a qualified financial advisor. Regulatory and security risks Largely unregulated: Cryptocurrency markets operate with minimal regulatory oversight compared to traditional financial markets. This exposes investors to higher risks of fraud, manipulation, and security breaches. No consumer protections: Unlike banks that offer protections like FDIC insurance, there is no central authority to intervene if a transaction goes wrong. This means funds lost through theft, scams, or errors are often unrecoverable. Irreversible transactions: Crypto transactions cannot be reversed or canceled. If you send crypto to the wrong address, it may be permanently lost. Vulnerable to hacks and theft: Cryptocurrency exchanges and wallets are frequent targets for cyberattacks. The loss or theft of your private keys can result in the permanent loss of your assets. Fraud and scam warnings Prevalence of scams: Bad actors often exploit interest in crypto to perpetrate fraud, including “pig butchering,” Ponzi schemes, and “pump and dump” schemes. Watch for red flags: Be skeptical of unsolicited investment offers, promises of guaranteed high returns, pressure to act quickly, and complicated jargon. Legitimate investments never come with a guarantee of profit. Never pay with crypto: No legitimate company or government agency will ever demand payment via cryptocurrency. Operational and technological risks Counterparty and platform failure: The company holding your crypto assets could fail or go bankrupt, and it’s unclear how much, if any, of your assets you could recover. The failure of a trading or safekeeping platform can also lead to the loss of funds. Liquidity issues: Selling your crypto investment when you want to is not guaranteed. Liquidity depends on market supply and demand and can worsen during periods of high volatility. Operational risks: System failures, technological vulnerabilities, and poor management could adversely affect a crypto asset’s value.