We have outlined the most crucial of them below. Therefore, before even considering the investment is LOOM or any other cryptocurrency for that matter, you need to understand the realities of this market, as well as the risks and challenges that you will most certainly face when holding digital assets. It's a tough task even for full-time crypto analysts and virtually impossible for those who don't consider crypto to be their field of expertise. It's necessary to follow the cryptocurrency markets vigilantly and react to their every whim, which might arise from different fundamental factors like regulatory scrutiny or even a random sell-off. However, being invested in LOOM or other cryptocurrencies isn't the walk in the park.
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