In recent years, cryptocurrencies, NFTs and crypto tokens have become popular investment channels in Vietnam. According to a survey, about 21% of the population has participated in digital asset transactions, with a total transaction volume of hundreds of billions of USD per year.
Investing in digital assets such as virtual currency, NFT or technology stocks is becoming a trend, especially among young people. However, besides the great profit opportunities, there are a series of potential risks from price fluctuations, "ghost" projects to sophisticated scams. In fact, the case related to "Shark" Binh (Mr. Nguyen Hoa Binh , Chairman of NextTech Group) once caused a stir in public opinion when thousands of investors suffered heavy losses because the trading floor was not licensed. This is a clear demonstration of the legal gap and limited awareness, when many people participate in the market without checking the reputation of the floor, ignoring the license, project operating mechanism and development team, leading to total loss.
Investing in digital assets, the risk of losing money and the lack of protection mechanisms have left many investors "empty-handed" without knowing who to complain to.
Financial experts say the main reason investors are prone to losses is lack of understanding and the “hit it fast, win it big” mentality. Many investors enter the digital asset market with the expectation of making quick profits, but opportunities always come with risks, especially when the legal framework is not yet complete and many exchanges lack transparency.
Many people follow the "trend" or advice from friends, ignoring the project's operating mechanism and the reputation of the floor, leading to hasty decisions and losing capital in just a few days when the asset price fluctuates sharply. Meanwhile, "multi-level marketing 4.0" investment models disguised as digital assets are increasingly sophisticated, promising high profits and risk insurance, but are actually scams.
Experts warn that lack of knowledge, unlicensed projects and tokens, combined with FOMO psychology, are the most common risks. Dr. Can Van Luc, Chief Economist of BIDV, said that the huge flow of money into digital assets has not been fully managed. "The risk of losing money and the lack of protection mechanisms have left many investors "empty-handed" without knowing who to complain to." Therefore, according to him, following the principles of smart investment, choosing a reputable exchange and self-verifying the project is the only way to protect capital and limit risks in a volatile market.
Investing in digital assets, the risk of losing money and the lack of protection mechanisms have left many investors "empty-handed" without knowing who to complain to.
According to Mr. Doan Duy Tu, Head of VPbank Securities Investment Consulting, investors need to carefully choose products when investing. To limit risks, investors must verify for themselves, not listen to anyone's calls. To protect capital, investors should choose reputable, transparent and legal trading floors, prioritizing platforms with clear licenses and independent audit reports. At the same time, diversify your investment portfolio, avoid putting all your capital into one type of digital asset or "hot" project.
Updating knowledge about projects, blockchain technology and the law, along with understanding the benefits, tax obligations and warnings from the management agency will help investors make informed decisions. Securing personal information and e-wallets is also very important. Using cold wallets, enabling two-factor authentication and keeping private keys safe are basic steps to protect assets. In particular, digital assets should be viewed as a supplementary channel, not a way to get rich quickly. When the market is young and the law is not yet complete, investing with knowledge and discipline is the safest "shield".
Mr. Tu said: “Digital assets bring great opportunities but come with high risks. Smart investors need to understand the market, choose a reputable exchange, manage capital properly and comply with the law. When these principles are followed correctly, digital assets not only help generate profits but also open the door to participate in the growing digital economy in Vietnam, creating a sustainable foundation for long-term investment.”
Source: https://baolaocai.vn/cach-han-che-rui-ro-khi-dau-tu-tai-san-so-tranh-sap-bay-tien-ao-lua-dao-post886414.html
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