What are some of the potential risks associated with investing in or using basic attention token ?
1.
Regulatory Risk: Basic Attention Token (BAT) is a decentralized digital asset, and as such, it is subject to the laws and regulations of the countries in which it is used. This means that governments may impose restrictions on its use or trading, or even ban it altogether. 2.
Security Risk: As with any cryptocurrency, there is always a risk of theft or loss due to hacking or other malicious activities. BAT is no exception, and users should take appropriate measures to protect their funds. 3.
Volatility Risk: The price of BAT can be highly volatile due to market forces such as speculation and news events. This means that investors may experience large losses if they are not careful when investing in BAT. 4.
Liquidity Risk: As with any cryptocurrency, there is always a risk that liquidity will dry up due to lack of demand or other factors. This could lead to difficulty in selling your BAT tokens for cash or other assets.