Last chance to get £100 off London Blockchain Conference 2024 passes
Estimated reading time: 2 min
Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be high risk.
What are the key risks?
1. You could lose all the money you invest
- The performance of most cryptoassets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in cryptoassets.
- The cryptoasset market is largely unregulated. There is a risk of losing money or any cryptoassets you purchase due to risks such as cyber-attacks, financial crime and firm failure.
2. You should not expect to be protected if something goes wrong
- The Financial Services Compensation Scheme (FSCS) doesn't protect this type of investment because it's not a 'specified investment' under the UK regulatory regime – in other words, this type of investment isn't recognised as the sort of investment that the FSCS can protect. Learn more by using the FSCS investment protection checker.
- The Financial Ombudsman Service (FOS) will not be able to consider complaints related to this firm or Protection from the Financial Ombudsman Service (FOS) does not cover poor investment performance. If you have a complaint against an FCA regulated firm, FOS may be able to consider it. Learn more about FOS protection here.
3. You may not be able to sell your investment when you want to
- There is no guarantee that investments in cryptoassets can be easily sold at any given time. The ability to sell a cryptoasset depends on various factors, including the supply and demand in the market at that time.
- Operational failings such as technology outages, cyber-attacks and comingling of funds could cause unwanted delay and you may be unable to sell your cryptoassets at the time you want.
4. Cryptoasset investments can be complex
- Investments in cryptoassets can be complex, making it difficult to understand the risks associated with the investment.
- You should do your own research before investing. If something sounds too good to be true, it probably is.
5. Don't put all your eggs in one basket
- Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well.
- A good rule of thumb is not to invest more than 10% of your money in high-risk investments.
If you are interested in learning more about how to protect yourself, visit the FCA's website here.
For further information about cryptoassets, visit the FCA's website here.
Keynote speakers revealed for London Blockchain Conference 2024, which returns on 21, 22 and 23 May.
The biggest ever London Blockchain Conference is fast-approaching and looks set to be one of the most influential events of the year.
Taking place at the ExCeL London, the 3-day event will host global experts and attendees and explore enterprise blockchain technology, artificial intelligence (AI) and Web3.
Final opportunity for £100 off tickets
Finder is a media partner for this highly-anticipated event. As a result, you can still get early bird prices using our unique code.
Get £100 off a 3-day pass by using the discount code IfinderEB04.
Keynote speakers and London Blockchain Conference 2024 agenda
The keynote speakers for the event have now been revealed as:
- Scott Galloway, professor of marketing at Stern School of Business
- Lilly Douse, entrepreneur and impact speaker
There will also be a secret, big-name keynote speaker revealed on the week of the event – so keep your eyes peeled.
Other notable industry experts, government officials and speakers attending the conference will include:
- Steven Bacci, principal worldwide specialist solutions architect, AWS
- Alun Cairns, MP
- Timo Lehes, co-founder, Swarm
- Richard Baker, founder and CEO, Tokenovate
- Amarachi Amaechi, co-founder and COO, Bitpowr Technologies
The overall agenda will span areas beyond traditional discussions around blockchain, delving deep into integration with financial institutions and future roadmaps for ground-breaking technology like AI and Web3.
Expect to discover new possibilities for crossover industry interactions benefiting enterprises and even whole countries.
You can see the full list of speakers and the agenda for the 3-day event on the London Blockchain site.
