1. Token Volatility: Cryptocurrencies are highly volatile and can lose value quickly due to market fluctuations.
2. Blockchain Fees:
- Ethereum network is much more expensive
- Fees are automatically deducted from transactions, Picnic does not intervene
- Networks like Polygon have lower fees
How to Track:
- Check transaction history in the app
- Consider network fees in your calculations
Investments in crypto are inherently volatile. Losses during times of high fluctuation are normal in moving markets.