The EEA briefing ‘Soil carbon‘ provides an overview of carbon pools in and greenhouse gas emissions from Europe’s organic and mineral soils, based on 2019 data.
EU Member States reported loss of carbon from organic soils that corresponds to about 108 Megatonnes of carbon dioxide (Mt CO2) emissions in 2019. In the same year, mineral soils removed about 44Mt of CO2 from the atmosphere. The net greenhouse gas emissions from soils, about 64Mt of CO2 equivalent, corresponded to just under 2% of the overall EU net emissions in 2019, or about half of the EU share of emissions from international aviation.
About three quarters of EU organic soils are in just two Member States, Sweden and Finland, the EEA briefing shows. Overall emissions from organic soils are by far highest in Germany, due to the high share of its organic soils under cropland and grassland. The highest carbon losses per hectare originate from peat extraction, mainly in Finland, Ireland, Latvia, Estonia and Germany.
There are mitigation options, such as peatland restauration or agroforestry, to increase the carbon sequestration of soils and decrease carbon losses, which in many cases can also benefit for example biodiversity or water quality. Depending on the soil type, local climate and how the land is managed, however, mitigation actions can increase emissions of other greenhouse gases, such as methane (CH4) and nitrous dioxide (N2O), or have negative consequences on biodiversity or food production.
The EEA briefing also highlights the importance of developing and using scientifically sound methods for estimating the climate impacts of different land management practices, as well as their impact on nature restoration.
Overall, the EU land use, land use change and forestry (LULUCF) sector is a significant carbon sink that removes CO2 from the atmosphere. However, there are large differences between countries because of the size of the country, how the land is used and the type of soils. The EU has committed to reducing its net greenhouse emissions by 55% by 2030, compared with 1990 levels, and become carbon neutral by 2050.
The European Aviation Environmental Report 2022 (published on EASA website) looks at the historic and future scenarios of air traffic and its associated noise and emissions. It also summarises the latest scientific understanding of these impacts before focusing on five main impact mitigation areas (technology and design; sustainable aviation fuels; air traffic management – operations; airports and market-based measures) with recommendations on how to further improve the level of environmental protection.
Welcoming the report as a key instrument to support evidenced-based policy-making, European Commissioner for Transport Adina Vălean commented: “Considerable action has already been taken since the last edition of this report in 2019. This is reflected, for instance, in ever lower CO2 emissions per passenger kilometre and improved noise performance of aircraft. But the report shows scope to go further – with Sustainable Aviation Fuels showing particular potential, in line with our EU policy approach.”
EASA Executive Director Patrick Ky stated: “Safety is a core element of the culture within the aviation sector and this commitment is reflected at all levels to ensure successful and effective business operations. The European Green Deal means that these same principles now need to be applied to the strategic issue of environmental protection, to ensure the long-term viability of the industry. EASA stands ready to play its role in achieving this.”
EEA Executive Director Hans Bruyninckx added: “As a key part of our mobility system, the aviation sector must fully contribute to achieving the Union’s climate and environment goals. Fully reflecting the costs from aviation environmental and climate impacts within market prices and enhancing the consistency of taxation across sectors would provide meaningful incentives to accelerate the transition of the EU transport sector towards sustainability.”
EUROCONTROL Director General Eamonn Brennan stressed: “This important report shows that as an industry we have already made substantial steps to achieve our sustainability goals. We have made major advances on the operational side. However, we now need to urgently move forward on the issue of how we power our aircraft in the most sustainable way possible while moving towards zero emission aircraft in the medium to long term. All of this has a cost, and this must be addressed on a systemic level.”
While the number of flights at EU27+EFTA airports dropped dramatically from 9.3 million in 2019, to respectively 4.12 million and 5.07 million in 2020 and 2021 due to the pandemic, longer-term trends show that the region will be home to some 12.2 million annual flights by 2050, with aircraft CO2 emissions potentially rising to 188 million tonnes, unless environmental protection is further mainstreamed across the sector.
Recognising the multiple European and industry goals that have been established over the last three years, the report highlights the need to independently monitor progress to ensure transparency, accountability, credibility and ultimately establish trust that the measures in place will meet the agreed targets.
About the report
The report is produced by the European Union Aviation Safety Agency (EASA) in accordance with Article 87 of its Basic Regulation 2018/1139, with support from the European Environment Agency and EUROCONTROL, and places aviation in the context of the new European Green Deal as well as European industry’s Destination 2050 initiative and the Toulouse Declaration of reaching carbon neutrality by 2050 in line with the EU economy-wide objective. This joint collaboration, with input from stakeholder groups, ensures the report is a balanced and comprehensive summary on the topic of aviation environmental protection within Europe.
A full overview of key facts can be found in the Executive Summary of the report, alongside recommendations on how to further improve the level of environmental protection.
On Thursday a colleague and I were invited to attend Europe’s largest Open Public Iftar in Trafalgar Square by the Aziz Foundation. Thousands of people attended. For those that don’t know, Iftar is the fast-breaking meal at the end of every day during Ramadan, when fasting occurs from dawn to dusk. It’s a spiritual tradition of millions of Muslims around the world and it was shared with anyone, Muslim or not, in Trafalgar Square. It was not only in Trafalgar Square that this happened, but in homes of Muslims around the UK and elsewhere throughout the whole period of Ramadan.
Ramadan is a time for giving and reflection for Muslims. It is a time for self-discipline and to think of those less fortunate (though children, pregnant women, elderly people and those who are ill or travelling are not obliged to fast). It is even good for your health allowing the body to regain a certain equilibrium and similar dietary regimes are advised by many health practitioners today (keto diet, intermittent fasting etc.)
Trafalgar Square held the biggest Muslim Iftar in Europe 4
But back to Trafalgar Square. What strikes me is that such an event can happen in London, in the UK, in one of the most iconic places in the city with the approval and agreement of the public authorities. It shows a real welcoming of other faiths into the fabric of British society. God knows (if I may use that expression), and no doubt He does, there is much to be fixed in British society – though one enormous positive is that this festival could happen in a public place celebrated by all who wish to attend.
It says something for the British spirit of understanding and tolerance, that we do not have to be rigid in our approach to religion. That we can welcome all religions and that people of all religions are British. There’s nothing but positive about that.
In contrast, I cannot imagine a Big Iftar being held in Place de la Concorde or, heaven forbid, La Bastille. Shock and horror! “We are being overrun by foreign hoards” would, I imagine, be the gut reaction whilst the intellectual one is that “separation of Church and State requires a strict divide where nothing religious can even fractionally impose in the public space”. For me, whilst I have no problem with the principle of separation of Church and State, I do have a problem with the extreme application of that principle where the non-religious dogma of secularism is imposed on others with a rather equivalent vehement determination that would, in religious terms, be attributed to a fanatic.
I have only to look at some fairly recent French Court decisions that enforced the removal of religious statues on public ground, even when the majority of the townspeople wanted the statue to remain.
To forbid the encroachment of religion into the public space to such a degree is to me just as fanatical as trying to enforce an overpowering religious law on everyone in a society. The non-religion of secularity becomes fascist.
But again, back to Trafalgar Square. I for one was happy, and also very touched, to see a group of ladies in headscarves close to me in a small group saying prayers together as Iftar approached. I saw kindness on their faces and a rather beautiful expectation of their faith.
I was glad that it was arranged for prayer mats to be laid down in the Square so that men could prostrate themselves before their God. I might not be a Muslim, but they are certainly not doing me any harm – to the contrary they helping the world in many ways through their charitable activities – and who am I to say how they should practice their faith? And why should I be bothered? Of course, I am not, though some who are rather more small-minded could find all manner of reasons to grumble.
Last night it was fantastic to come together with Londoners of all backgrounds at Trafalgar Square for the last iftar of Ramadan with @RamadanTent. Their values of charity and hospitality demonstrate why diversity is our city’s greatest strength.
— Mayor of London, Sadiq Khan (@MayorofLondon) April 21, 2023
One of these could be that speakers at the event included the Mayor of Westminster and the Lord Mayor of London – both are Muslims. At that, I hear grumblings again of ‘being taken over’. But they are British and have every right to stand for public office. And the vast majority of their fellow counsellors and political colleagues to who they are accountable are not at all Muslim and from many other faiths and none – so I don’t think that argument holds any water either.
I am glad that we have a vibrant interfaith society in the UK. Of course, there are issues, but what exists is already a vital building block of understanding and inclusivity which speaks well of the UK approach to religion. It also shows in that the new King himself has publicly announced he is Defender of Faith (not the Faith i.e.one faith). We also see other minority religious festivals celebrated in a similar way to the Big Iftar. For example, not so long ago the Hindu festival of Divali, the festival of lights, was also celebrated in Trafalgar Square. Most people are of good faith, religious or not. Look for the nay-sayers where there are problems. They are likely the ones generating conflicts.
New technology improves capability to monitor exact locations in the body.
The idea of journeying inside the human body to solve health problems has been around at least since science fiction popularizations, but the approach to medicine has yet to become real.
Smart pills help diagnose gut disorders. Image credit: Researchers at Caltech
Now, researchers at Caltech have developed what they describe as GPS for smart pills, small enough to travel through the human body and help diagnose ailments. The smart pills can collect health data, record images and even deliver drugs as they pass through the gastrointestinal, or GI, tract.
However, a smart pill must know its location in the body to do its job well. “Wireless localization of smart pills and other tiny devices deep inside the body, with high accuracy, is very challenging,” says electrical engineer Azita Emami. “A low-cost solution could open new avenues in diagnosing and treating common medical conditions.”
Chemical and biomedical engineer Mikhail Shapiro says there are three possible ways to access locations inside the body to see what is going on.
“We can place something inside like a colonoscopy device, cut the body open, or you can swallow a little pill that makes the relevant measurements,” Shapiro says. “I think most people would choose the latter if it provides the performance needed to diagnose and treat them.”
Surgeon wearing a mask during surgery – illustrative photo. Image credit: NCI
Caltech researcher Saransh Sharma developed the smart-pill technology with Emami and Shapiro. It was tested in collaboration with researchers at the Massachusetts Institute of Technology. A paper describing the work appears in the journal Nature Electronics. The research was supported in part by the U.S. National Science Foundation.
The technology has been dubbed iMAG, short for Ingestible Microdevices for Anatomic-mapping of Gastrointestinal-tract. It is not the first implementation of a trackable smart pill, but its creators say it is the most accurate and easiest to follow.
Emami says monitoring digestive tract motility has commonly required a patient to drink multiple “markers” then be X-rayed later to see how far the markers have moved. “That doesn’t show dynamic movement, though,” she says. “What we are doing shows real-time movement, and there is the possibility that we could add drug delivery or sensing to the smart pill.”
Emami says previous attempts at real-time movement tracking of smart pills relied on what is known as radio frequency triangulation; the pill was essentially a radio beacon. Although RF triangulation works, it cannot pinpoint the location of a smart pill with a resolution better than a few centimeters, which is not accurate enough to pinpoint where a pill is sitting in the twists and turns of the intestines. The iMAG pill, however, has the potential to be located with submillimeter accuracy, Emami says.
“For indigenous peoples, the land, the forest, water, is life. We depend on the natural environment, and we care for our surroundings. Managing natural resources is a strong part of our way of life. For example, the way we use rotational farming, avoiding monocultures by planting several different many different types of crops on our farmland.
In indigenous cultures, we look at a woman’s kitchen. If she has a wide variety of native seeds, it means that she is hardworking, and a valuable member of the community! To us, this is a greater indicator of wealth than money.
Naw Ei Ei Min, Executive Council Member of the Asia Indigenous Peoples Pact.
I started out at the Asia Indigenous Peoples Pact, an organization representing 14 Asian countries, which advocates for indigenous peoples at the General Assembly. I decided to focus on the role that indigenous peoples play in protecting biodiversity.
When it comes to the environment, and issues related to biodiversity, our voices are stronger than ever before at the international level. At the UNFCCC (the UN body responsible for the UN Climate Conferences), there is now a local community and indigenous people platform.
This is a major achievement for indigenous peoples, providing a space for indigenous knowledge and means that we can take part in the decision-making process.
But those changes also need to extend to national, regional and community levels. Real change needs to happen on the ground. The complex way of negotiating international agreements sometimes does not fit with the way we communicate; there still needs to be more equity, in terms of our participation, and giving a voice to those of us who are concerned with climate change.
Climate action and climate justice
If the natural environment is destroyed, then so is our traditional way of life. Indigenous peoples are dealing with the effects of climate change on a daily basis, on the ground, on their lands and in their communities.
We are facing threats from climate change, and also from the continuous exploitation of natural resources. That’s why climate justice is so important. We need take the views of indigenous peoples into account, if we are to find lasting solutions to the crisis.”
Naw Ei Ei Min represents Asia at the UN Permanent Forum on Indigenous Issues. She spoke to UN News during the 22nd session of the Forum, held at UN Headquarters between 17 and 28 April.
The General Assembly designated 22 April as International Mother Earth Day through a resolution adopted in 2009.
The United Nations celebrates this observance through the Harmony with Nature initiative, a platform for global sustainable development that celebrates annually an interactive dialogue on International Mother Earth Day.
Topics include methods for promoting a holistic approach to harmony with nature, and an exchange of national experiences regarding criteria and indicators to measure sustainable development in harmony with nature.
In a parchment on which the work of an early medieval author was written, scientists found a description of a meteoroscope – a unique instrument of an ancient astronomer, which until now was known only from indirect sources.
An article has been published in the journal Archive of History of Exact Sciences, the authors of which examine an 8th-century manuscript discovered in the Abbey of Bobbio in northern Italy. This manuscript contains the Latin text of the “Etymologies” of the early medieval scholar and one of the Church Fathers – Isidore of Seville.
The manuscript was discovered as early as the 19th century, when researching the scriptorium of the abbey. Several hundred manuscripts dating from the Early Middle Ages have been found there. It is believed that this scriptorium is described in Umberto Eco’s novel The Name of the Rose. The collection is now housed in the Ambrosian Library in Milan. The 8th century manuscript is, of course, an extremely valuable historical monument. But the authors of the new work claim that the book is actually even older and more valuable. Examination of the pages has shown that at least some of them are palimpsests. This is what they call manuscripts written on parchment that has already been used. During the Dark Ages, parchment was very expensive and the monks who worked in the scriptorium invented various methods to allow it to be reused.
Fifteen palimpsests were found under Isidore of Seville’s text, which had previously been used for three Greek scientific texts: a text with an unknown author on mathematical mechanics and a catoptric (a section on optics) known as the Fragmentum Mathematicum Bobiense (three leaves), Ptolemy’s treatise “Analema” (six leaves) and an astronomical text that was hitherto unidentified and almost completely unread (six leaves). Using multispectral imaging methods, the scientists were able to reveal the hidden ink and examine the text, accompanied by a number of illustrations. They claim that this manuscript belongs to the ancient Roman astronomer Claudius Ptolemy. In addition, the manuscript is unique, there are no other copies.
Ptolemy, who lived in the 2nd century in Roman Egypt (mainly in Alexandria), was one of the most significant scholars of Hellenism and Rome. As an astronomer he had no equal either in his lifetime or for many centuries afterwards. His monograph Almagest (originally titled Syntaxis Mathematica) is an almost complete collection of astronomical knowledge about Greece and the Near East.
Another Roman scholar, Pope of Alexandria (the years of his life are unknown, presumably III-IV century), wrote quite detailed commentaries on the Almagest, from which it is clear that Ptolemy’s work has not reached us in its entirety. For example, Papp mentions the meteoroscope, an ancient instrument designed to determine the distance to celestial bodies, a variant of the armillary sphere. The authors of the new study claim to have found in the palimpsest exactly that part of Ptolemy’s manuscript in which he describes the device of the meteoroscope. This device was a complex assembly of nine metal rings connected in a special way.
According to scientists, it can be used to solve a variety of problems, such as determining the latitude in degrees from the Equator, the exact date of the solstice or equinox, or the apparent position of the planet in the sky. Its diameter was about half a meter. The device of the meteoroscope, the research says, is described in such detail that you can go with this text to a good metal worker and he will assemble the instrument. At the same time, there are practically no recommendations on how to conduct astronomical observations. The latter is very strange for Ptolemy – the rest of his works demonstrate the pedantry of the ancient scientist.
But researchers have no doubts about the authorship: Ptolemy had a very characteristic style and vocabulary. The authors of the work hope to find a continuation of the manuscript in possible palimpsests in other manuscripts from the collection of the Bobbio Abbey scriptorium. The ancient parchment may have been divided into pages and used by several scribes working on different manuscripts.
Photo: A much older text Alexander Jones et al is hidden under a copy of a work by Isidore of Seville.
It is made of a flexible and stretchable polymer containing embedded electronics and medication
Scientists from the California Institute of Technology have developed a “smart” wound dressing that supports tissue regeneration and controls the healing process, reports the site of the educational institution.
In most cases, when someone cuts, scrapes, burns, or gets another wound, the body takes care of itself and heals itself. However, diseases such as diabetes can interfere with the healing process and lead to wounds that do not heal and can become infected and fester.
These chronic wounds are not only debilitating for the people who suffer from them, but also a burden on healthcare systems.
A smart dressing developed by specialists from the California Institute of Technology could make the treatment of such wounds easier, more effective and cheaper.
The “smart” bandage is made of a flexible and stretchable polymer containing embedded electronics and medication. Inside it are sensors that monitor the patient’s condition (temperature, inflammation, presence of infection).
The dressing can be connected to a smartphone or computer to transmit real-time data on the condition of the wound. It can also release antibiotics and apply a weak electric field to stimulate its healing.
The developers note that tests with animal models have yielded promising results. Their next goal is to perfect the technology and test the “smart” bandage on humans.
In a research partnership between King Abdullah University of Science and Technology (KAUST), King Abdulaziz University, Jeddah (KAU) and King Abdulaziz University Hospital, Jeddah (KAUH), scientists have conducted a first-of-its-kind study in the Kingdom that compares stem cells derived from a unique cohort of Saudi Klinefelter patients with a group of North American and European descent.
A teratoma is an embryonal tumor developing from pluripotent stem cells. In the laboratory, KAUST scientists use the Teratoma formation assay to prove that the patient-derived iPSCs are truly pluripotent. Image credit: KAUST
Klinefelter is a chromosomal disease characterized by an extra chromosome X in the cells of males. Frequent clinical features of the syndrome are infertility, intellectual disability, metabolic syndrome and type 2 diabetes, and one out of every six hundred Saudi males are affected.
However, the MENA population is largely underrepresented when studying the impact of the genomic background on disease susceptibility and prognosis. The majority of studies involving the use of iPSCs have been performed using North American and European patients.
The KAUST-KAU-HAUH study addresses this gap using a “patient-derived induced pluripotent stem cells” (iPSC)-based disease modeling study to understand the molecular basis of Klinefelter syndrome. By using skin, blood, hair or urine-derived cell samples with the iPSC approach, it is possible to bring the patient’s cells back to the embryonic state in which they developed, and use them to model the onset and progression of diseases “in a dish.”
“The Kingdom is benefitting from the world-class collaboration between our three leading research entities,” said Vice President for ResearchPierre Magistretti, Distinguished Professor and director of the KAUST Smart-Health Initiative. “The iPSC technology is revolutionizing the study of the molecular mechanisms of diseases as it provides a way to work on human cells derived from patients.”
Magistretti added that the platform for iPSC that KAUST scientists have developed allow for unique collaborations with clinical centers such as KAU KAUH and with the support of KAUST KAUST Smart-Health Initiative Initiative.
The results from this first joint Saudi study demonstrate the existence of a subset of genes residing on the X chromosome, whose dysregulation specifically characterizes Klinefelter syndrome, regardless of the geographical area of origin, ethnicity and genetic makeup.
“This Saudi iPSC cohort will serve as an ideal cellular platform to explore further work into chromosomal diseases,” said Antonio Adamo, assistant professor and principal investigator in the Stem Cell and Diseases Laboratory at KAUST.
“For example, modeling neurodevelopment and anatomical changes affecting grey and white matters, features typically observed in Klinefelter Syndrome would be particularly interesting.”
This cellular platform will be used to generate the so-called “mini-brains,” three-dimensional cultures of patient-derived cells resembling the human brain that can be used to study the molecular mechanisms underlying the neurodevelopmental features of the disease. The findings yield an in vitro model suitable for developing personalized medicine applications.
MEPs passed a new law anti-deforestation, with rules aimed at protecting climate and biodiversity. They oblige companies to ensure that products sold in the EU have not led to deforestation and forest degradation.
The law will apply to cattle and commodities such as cocoa, coffee, palm oil, soy, wood, rubber, charcoal and printed matter. Also added are products made from relevant commodities such as chocolate, furniture, leather.
There are also additional requirements related to human rights and the rights of indigenous peoples.
The text does not impose bans on countries or goods, but companies will only be allowed to sell products in the EU if the supplier of the product concerned has submitted a due diligence declaration confirming that the product does not come from land that has been subject to deforestation and that its production has not led to the degradation of forests, including irreplaceable virgin forests, after 31 December 2020.
As requested by the European Parliament, companies will also have to certify that the products comply with the relevant legislation of the country of production, including in the field of human rights, as well as that the rights of the affected indigenous population are respected, reports the press center of the EP. The European Parliament also provided a broader definition of forest degradation, which includes the conversion of primary forests or naturally regenerating forests into forest plantations or other forested land.
Through an objective and transparent assessment, the European Commission will classify countries or parts of them into risk categories – high, standard or low risk, within 18 months of the entry into force of this regulation. Products from low-risk countries will be subject to a simplified due diligence procedure. The share of operator checks depends on the country’s risk level – 9% for high-risk countries, 3% for standard-risk countries and 1% for low-risk countries.
Competent EU authorities will have access to relevant information provided by companies, such as geolocation coordinates, and will carry out checks using satellite tracking tools and DNA analysis to verify where products come from. Penalties for non-compliance should be proportionate and dissuasive. The maximum fine must represent at least 4% of the total annual EU turnover of the offending operator or trader. The new law was passed with 552 votes in favor, 44 against and 43 abstentions.
Cryptocurrency has become a popular means of gaining passive income. Some may view its volatility as a negative factor, while others benefit from ever-changing market prices, gaining substantial profits. This article focuses on everything you need to invest in crypto. You will also learn about the benefits and risks involved with crypto investments.
A crypto wallet. This is the extra solution mentioned at the beginning of this article section. You must choose a crypto wallet to buy and store digital money. Experts suggest using cold wallets to store significant volumes of crypto and benefit from hot wallets for daily operations.
A cryptocurrency exchange. A crypto exchange is a website where you may buy, sell, and trade cryptocurrency. WhiteBIT, Binance, and Kraken are among the popular and reliable exchanges. These exchanges store crypto in cold wallets for funds.
A payment method. To buy digital currency on an exchange, you need a payment method, such as a credit or debit card, bank account, e-wallet, or crypto wallet, if you already have cryptocurrency.
Identification and verification. Before you may buy, sell, or trade cryptocurrency, most exchanges require identification and verification of your account. This is a measure that prevents fraud. Moreover, it’s a precaution to ensure compliance with anti-money laundering (AML) and know-your-customer (KYC) rules.
Knowledge and research. Cryptocurrency is complex and volatile, and it is critical to conduct an extensive study before investing in any digital currency. It’s vital to understand the dangers and rewards of investing in crypto and the technology that powers it. You should understand the rate of cryptocurrency used on exchanges, its liquidity, factors that affect its price, etc.
Note: the regulations for investing in cryptocurrencies may differ based on your location. Before investing in cryptocurrencies, it is crucial to review local legislation and laws. Moreover, be aware of cryptocurrency exchange rates.
Because cryptocurrency rates for exchange determine the relative worth of different digital currencies, they can impact cryptocurrency investing. If the exchange rate of a cryptocurrency you possess rises, so will the value of your investment. If the exchange rate falls, the value of your investment falls.
Everyone remembers the success of Bitcoin when its value increased from cents to thousands of dollars. That’s one advantage of investing in crypto: high returns. However, investing in crypto also has disadvantages. Let’s first list the pros:
Accessibility. Because cryptocurrency is available online, it is accessible to anybody with an Internet connection.
High returns when you invest successfully. Cryptocurrency has the potential for enormous profits, with some investors earning more than 1,000% returns in a short period.
Diversification. Investing in cryptocurrencies can help diversify an investment portfolio. Because crypto is not directly linked to typical investment options such as stocks or bonds, it might provide investors with a unique opportunity to diversify their holdings.
Decentralization. Digital currency is decentralized, which means it is not controlled by any government or financial organization. Such a feature may appeal to investors who are skeptical of traditional banking institutions.
Despite all these excellent benefits, investing in crypto is a huge risk. Overall, investing in anything is a risk, but crypto can be even more dangerous because of its volatility. Let’s see what are the cons that you should be aware of:
Lack of regulation. Digital money is barely regulated, so it’s vulnerable to fraud. Before investing, investors must use caution and research the coin or token.
Volatility. Cryptocurrency prices fluctuate in short periods, making the entire market volatile. This makes forecasting market patterns difficult and can result in big losses for investors.
Security risks. Cryptocurrency exchanges and wallets can be hacked, leading to huge losses.
Limited acceptance. There is only a small range of cryptos accepted by various institutions and governments. Other digital currencies may be less accepted, leading to lower liquidity and risks of losing profit when unable to sell currency at any given time.
The main thing to keep in mind is to do research before investing in crypto. You should be aware of risks when buying crypto.
It’s clear what you need to invest in crypto, but how does the process work? You can invest in cryptocurrencies by using the following options:
Cryptocurrency exchanges. These are online marketplaces where you may buy and sell cryptocurrency.
Peer-to-peer trading. Using these trading systems, you may exchange numerous cryptocurrencies directly with other users.
Crypto ATMs. In some countries, you can buy crypto with cash at crypto ATMs.
Investing in digital money can be rewarding, but it’s vital to do so with caution. Ensure you understand the risks and benefits, that you do your research, and that you diversify investments. By following these guidelines, you can reduce the risk while potentially reaping the benefits of investing in crypto.
