❓ Crypto FAQ
Common questions, real answers. If you’re just getting started, read this first.
🪙 Is cryptocurrency legal?
In most countries, yes — but it depends on where you live. Many nations regulate crypto as a digital asset or property. Always check your local laws.
🔐 What happens if I lose my wallet?
If you lose access to your wallet *and* your seed phrase, your funds are lost forever. That’s why storing your seed phrase securely (offline!) is critical.
📉 Can I lose money with crypto?
Yes. Crypto prices are highly volatile. Never invest more than you can afford to lose, and always do your own research before buying.
💸 Are crypto transactions reversible?
No. Once confirmed, blockchain transactions are permanent. Always double-check the address and amount before sending.
🧾 Do I have to pay taxes on crypto?
In most countries, yes — profits from crypto are considered taxable. Consult a tax advisor or check your country’s crypto tax laws.
🧠 What’s the safest way to learn more?
Start small, use testnets or small amounts, follow reputable sources, and beware of scams. Education is the best investment.