⚠️ !!! ⚡️

Hello my fellow Rubi miners!

Over the past 2 weeks, the Rubi mining community has observed a high number of miners interacting with Rubi, and an unusually high frequency of buying and selling Rubi Block (RBL) on the OTC market. Along with that trend, the agreed price in OTC transactions also tends to increase!

We believe that this is a positive consequence of the effect of the Pi network listing event on many centralized exchanges. This is generally very positive for Rubi Network. However, understanding Rubi Network in the current context, as well as understanding the risks of speculative trading of Rubi Block, is something we feel is necessary to inform the community. Therefore, we have this article.

( Screenshot on #Pandora shows that Rubi has been quite active recently )

There are two statements that are undeniable truths, and they reflect exactly what risk is in the context of the trend of blockchain assets gradually being recognized by society..

• "You will not have risks if you know about the risks in advance!"
• "Even life insurance does not guarantee against all risks"

"Risk" should be the keyword you always write on the first page of your investment diary with digital assets. We do not believe in "Black Swans" until we see them with our own eyes, the same goes for risks, many people often ignore risk warnings until they actually experience them!

This article is written in the spirit of "There is no risk only if you always know about the risks"!

Welcome to a two-part article that I dedicate to talking about RISK!
And I am Andy!

Part 1: General Risks of Assets and Crypto
Part 2: Risks in Trading and Storing Digital Assets

PART 1: General Risks of Assets and Crypto

First of all, let's talk about the risks based on the characteristics of assets in general, as well as the risk level of Rubi in particular! To make it easier to follow this article together, I will present the types of assets with increasing levels of risk! Gold - Bitcoin - Picoin - Rubi.

GOLD & RISK
( Estimated Safety Index point 9 / 10 ★ )

There are countless types of tangible assets that exist in the real world, but in this example I will talk about Gold, because it is closest to the physical properties with many suitable characteristics for storage. And almost everyone in humanity turns to gold with a strong desire to own it.

Gold has long been considered the safest asset to store value. It is a material that can be felt by the senses, is not easily changed and is difficult to counterfeit. Gold has a history of thousands of years of widespread acceptance around the world, however, gold still has risks:

1• Storage risk:
As a physical asset, gold still needs a safe place to store it. If you keep gold at home, you risk theft. If you deposit it in a bank, you are at risk of bank failure or asset control policies.

2• Liquidity risk:
Converting gold into cash is not always easy, the difference in buying and selling prices can reduce the real value of gold when liquidity is needed urgently. The price of gold fluctuates according to market supply and demand and global financial policies. Although it is a stable asset, gold does not always increase in price, especially when observing gold prices in the short term.

3• Transportation risk:
When you want to move large volumes in chaotic situations. Even when moving legally, you will always encounter restrictions such as border controls. This leads to significant risks in moving and protecting ownership.

4• Counterfeit risks:
Although gold is difficult to counterfeit, it is also difficult to verify, so in practice there are still many reports of fake gold being discovered. Buyers and sellers do not have the means to verify, they may buy fake gold and only discover it when they sell it.

Gold Asset Conclusion:
Gold is a highly secure asset but it is not completely risk-free. The storage and quality assessment of gold are things to consider. With its accepted popularity, high liquidity and long history, gold is rated with a safety index of 9 / 10 ★, this score shows that gold is still the most reliable asset.

BITCOIN & RISKS 
( Estimated Safety Index point 7.5 / 10 ★ )

Bitcoin is the first decentralized digital asset. After more than a decade of proving its reliability, Bitcoin is now considered "digital gold". This "digital gold" can overcome the disadvantages of "physical gold" such as flexible mobility, easy divisibility, and anti-counterfeiting ... 

After 16 years of existence and development, Bitcoin is the most reliable digital asset, however, compared to gold, Bitcoin still has other risks that make Bitcoin's reliability still lower than gold:

1• Price volatility risk:
Bitcoin can fluctuate in price by tens of percent in a day, it is affected by news, policies and market sentiment, including manipulation. This poses a high level of risk for short-term investors. There is a large amount of Bitcoin that has never moved, >5% of the total Bitcoin supply, known to belong to Nakamoto Satoshi, and this amount is still a haunting issue for the market today. If any of these Bitcoins move, it will create a "decentralized crisis of confidence", seriously damaging the symbolic value of Bitcoin..

2• Legal risks:
Some countries are banning, or have unfriendly policies to strictly control Bitcoin. If you live in a place with unclear legal regulations, you may have difficulty using or hoarding this asset.

3• Storage and security risks:
If you manage your Bitcoin yourself with a personal wallet, you need to ensure absolute safety of your private keys. If you lose your private keys, you lose all your assets forever. You may also be a victim of phishing attacks or scams to steal your private keys. On the other hand, although the Bitcoin blockchain is considered secure, if your Bitcoin is stored on trading platforms, storage wallets and smart contracts... where you entrust your Bitcoin assets, there is still a risk of being hacked..

4• Risk from AI and computing technology:
Although it is only a scenario with a very small probability of happening in theory, the development of AI and quantum computing in the future can threaten the ability to decrypt Bitcoin blocks within the prescribed time, which can lead to the collapse of the immutability of the Bitcoin blockchain.

5• Risk of mining pool centralization:
Nowadays, as Bitcoin's mining difficulty increases to an extreme level, mining pools are tending to form alliances to create larger mining pool entities to share profits. This is creating the risk of power centralization and can lead to the risk of a 51% attack.

Bitcoin Asset Risk Conclusion:
Bitcoin has great potential but still faces the risk of strong volatility and long-term risks from the unpredictability of technological development. "Everyone always believed that swans were only white until they saw black swans with their own eyes.".

Bitcoin has shown great advantages over physical gold, but with an asset age of just over a decade, and requiring a certain knowledge and skill base to control this asset. Bitcoin's safety level is only rated at 7.5 / 10 ★ . Always remember that even if you don't see it with your own eyes, black swans still exist.

PI COIN & RISKS 
( Estimated Safety Index point 5 / 10 ★ )

Pi Network is a famous project with a "new mining concept" method that has attracted millions of users to participate in free coin mining. Recently, Pi has been officially listed by a series of exchanges. Although it is a zero-cost mining model, if Pi is considered as a long-term storage asset, there are still potential risks.

1 • Payment application risk:
Pi is promised to become a global currency, but Pi has a constant fluctuation in price, while Pi payment activities are only illustrative in a narrow scope and may be illegal in many countries. Pi coin and Pi network are controlled by private companies, so it is unlikely to be accepted as a legal means of payment in countries.

2 • Centralization risk:
Until now, although operating on a private blockchain, Pi Network is still operating on a centralized blockchain, both supply and policy are controlled by the Development Team. This is a conflict with the theory of blockchain, because blockchain is often known to promote public value and decentralization.

3 • KYC fraud risk:
There has been evidence of a large number of fraudulent accounts that have passed KYC, which has led to many fake Pi coins, which will degrade the quality of Pi coins. In addition, Pi Network's KYC process is also being criticized, suspecting that the developer is showing signs of censorship and selection, with the aim of controlling and limiting supply.

4 • Supply and demand risk:
With tens of millions of people mining Pi for free, the huge supply can put pressure on the price of Pi when it is officially traded on the market. Many people believe that Pi will have a very high value, even many people think that 1 pi coin can cost tens of thousands of USD. Therefore, they have not hesitated to call on each other to raise more money to buy more pi, despite the fact that Pi supply is very large and can be at risk of being sold off at any time..

5 • Risk of private key list being hacked:
Although the possibility of being hacked and dumped is very unlikely, it is clear that the large supply being in tens of thousands of wallets with Private Keys managed by a group of people will always pose a risk of key data leakage. In fact, in the past, there have been many hacks and leaks that caused serious damage, typically the hack of Mt-Gox. If a similar scenario happens to the list of wallets managing a supply of up to tens of billions of Pi Coins, it could be a disaster for this network.

Conclusion about Risk of Pi coin:
Pi Network is a new project, with certain successes, much promise, but also has great potential risks due to supply pressure, centralization factors and security risks ... causing the assessment score of suitability as a storage asset to only reach 5 / 10 ★. This is a level of risk worth considering, so if you are not a person with a lot of experience and skills, you should not exchange too many assets for pi.

RUBI & RISKS 
( Estimated Safety Index point 3 / 10 ★ )

Rubi Network is a decentralized "human behavior mining" blockchain, aiming at the concept of Crypto Commodities instead of Crypto Currency. Choosing to develop a new concept is a potential risk in itself, let's list some risks to know why Rubi has the highest risk level compared to other assets mentioned above..

1 • New technology concept risk:
Rubi Network aims to build a new independent blockchain to support the special purpose of "Crypto Commodities", and any new platform may face new and unknown problems. These problems may be due to theoretical miscalculations, security issues or technical errors.

2 • Market risk:
The value of Rubi depends on the demand for this type of commodity that has an application in the interactive environment. If the application ecosystem does not expand rapidly to keep up with and meet the corresponding development of the community. Unlike projects that advocate centralized supply, Rubi has a 100% completely decentralized supply, which means that Rubi is in a floating trading state, making it difficult to predict price fluctuations.

3 • Legal risks:
In the same vein as the incomplete legal context for digital assets and cryptocurrencies in general, Rubi also has complex legal or tax risks, and they may be different in different territories. For example, in Vietnam, digital assets are not yet recognized by law, the use of digital assets as a means of payment is a violation of the law on money, and violators may face legal risks..

4 • Rubi is not listed yet:
Rubi is not listed on any centralized or decentralized exchange, trading activities are only carried out through the peer-to-peer OTC channel based on the needs of individuals who own RBL. That means the liquidity of this digital asset will be more limited than that of listed digital assets.

5 • Rubi is in TESTNET:
Although transactions are stored using a decentralized chain structure ledger, the Rubi Blockchain is still in the TESTNET phase at this point, and has not yet completed the official deployment of the popular decentralized node protocol. This means that the Rubi Network still has many potential risks and risks during the protocol testing phase. In our opinion, this is the most worrying risk.

6 • Other future risks:
Rubi is currently still in its early stages, its user base is still modest, and is undervalued, so there is almost no verification of major security challenges. As the system and user base expand and become more valuable, Rubi will likely face increasingly sophisticated attacks in the blockchain space.

Conclusion Risk of Rubi:
Rubi Network is a new model with the concept of Crypto Commodities, which can open up a lot of potential, but also faces greater challenges than crypto currencies. You should especially note that Rubi Network is still under construction and not yet complete, so you always need to be cautious before any investment decisions.

With unpredictable risks in the Testnet stage, Rubi's safety index is only rated at 3 / 10 ★. This is a high risk index, so the development team recommends that you consider carefully before any significant investment.

PART 2: Risks of trading and storing assets

Digital assets are generally a new concept that has been formed in about a decade, they are not really popular in society, so safety rules as well as safety tools are not yet standardized. In addition, because the current operation of digital assets revolves around financial investment activities quite clearly, with a very high level of volatility, it will pose a very high risk to inexperienced investors.

Avoid risks in OTC transactions:
In OTC trading, the nature of the OTC is an agreement between two parties and there is often no arbitration, especially OTC transactions conducted online, which creates fraudulent transactions. In OTC transactions, whoever makes the first transfer bears a higher risk, so please save the following experience to limit risks when you participate in OTC transactions.

1 • Check the other party's wallet on the Blockchain:
When participating in a purchase transaction, you should always remember to ask to check the other party's wallet address, to ensure that the other party actually owns the amount of KTS goods being sold. In addition, observing the movement of transactions on the other party's wallet also helps you to know the origin of the assets on that wallet.

2 • Verify asset ownership:
Once you have the other party's wallet address, if you are suspicious, you should ask the other party to transfer a minimum balance from the observed wallet to your wallet address to verify that the seller is actually in control of that wallet. You should proactively offer to transfer a small amount of money first, this small amount corresponds to the minimum asset value and the fee to show goodwill, if the other party does not make the transfer to prove it, then you will know that he does not own that wallet.

3 • Offer to split the transaction:
After you and the seller have understood each other and feel it is appropriate to trade, offer to split the transaction at an appropriate level, completing each small transaction until the entire purchase volume is completed. When the transaction is split to a safe level, the risk has been reduced to a minimum.

Finally, always be suspicious of unusually high buy and sell offers, as that may be the starting point of a scam!

So I have finished guiding you on how to safely trade OTC assets, whether you are a buyer or a seller in an OTC transaction, remember to follow the 3 safety points in the transaction.

Avoid risks in asset storage:

Bitcoin is a digital asset with a value of up to $100,000 per unit in 2025, considered a digital asset that many people desire to own. But Bitcoin blockchain data sources say that there are about 7 million BTC units worth 700 billion dollars sitting in wallets that have not been moved for more than 6 years, these wallets are believed to be out of control for many reasons.

One of the biggest causes of loss of digital asset supply is "Lost Private Keys". The 700 billion dollars of Bitcoin that is believed to be out of control is the clearest evidence of how easy it is to lose your private keys..

To truly protect your assets, here's what you need to do...

• Always store your Private Key securely using trusted storage methods
• Do not reveal the key, or import it to any service other than official wallets
• When storing long-term, prioritize keeping your assets on the official network wallet of the asset, limit storing on escrow storage services such as exchanges or escrow.

Always try to verify a news story:

The trading market and media are always accompanied by chaotic information, You need to be cautious with all information, try to understand the source and verify the authenticity of the news before making decisions related to money.

Reminder of your responsibility

You are the only one who benefits and suffers based on your decisions, so you need to be the only one responsible for your investment activities or statements. Digital assets are generally risky assets, they have different levels of risk.

• Only invest small amounts of money, money that you can lose without much impact on your life.
• Only speak what you know well or are quite sure of so that your reputation is not affected.

The world of digital assets based on blockchain technology is an irreversible economic development direction! We wish you to join RUBI Network with increasing awareness and achieve success safely on this journey.

CONCLUSION OF THE ARTICLE!

Risks always exist at different levels in all types of assets, from gold, Bitcoin to Rubi Block or Pi Coin. Regardless of the level, the most important thing is still the awareness and preparation of each individual for possible risks.

For Rubi Network, the sudden increase in transactions and interest is a positive signal, but at the same time, it is also a time when the community needs to be more careful in its decisions. Understanding the mechanism, assessing risks and having a reasonable asset management strategy will help you take advantage of opportunities without falling into unwanted situations..

Always remember: "You will not be at risk if you know about the risks in advance!". Wish you a wise journey with Rubi Network!