Risk Disclosure Statement
Last Updated: December 9, 2025
CRITICAL WARNING - PLEASE READ CAREFULLY
Trading cryptocurrencies with leverage involves extreme risk and can result in the loss of your entire investment. Before using SKALDIX, you must understand and accept these risks.
70-80% of retail traders lose money. Leverage amplifies losses. Past results do not equal future profits.
1. Nature of Cryptocurrency Trading
Cryptocurrency markets are:
- Highly Volatile: Prices can change 10-50% in a single day
- Unregulated: Limited investor protections compared to traditional markets
- 24/7 Markets: Price movements occur at any time, including while you sleep
- Susceptible to Manipulation: Lower liquidity enables market manipulation
- Technically Complex: Smart contract bugs, hacks, and failures can occur
2. Leverage Risk
Leverage Multiplies Both Gains AND Losses
Using 10x leverage means a 10% price move against your position results in 100% loss of your margin. Higher leverage = higher risk of liquidation.
- Leverage can result in losses exceeding your initial deposit
- Liquidation can happen within seconds during volatile moves
- Funding rates can erode positions over time
- Slippage during high volatility can worsen losses
3. AI and Algorithmic Trading Risks
SKALDIX uses artificial intelligence, which has inherent limitations:
- No Guarantee: AI predictions are probabilistic, not certain
- Historical Bias: AI learns from past data that may not predict future events
- Black Swan Events: AI cannot predict unprecedented events (hacks, regulations, crashes)
- Technical Failures: Software bugs, server outages, or connectivity issues can occur
- Market Regime Changes: AI trained on trending markets may fail in ranging markets
4. Technical and Operational Risks
- Server Downtime: Our servers or Bybit's servers may experience outages
- API Failures: Connection between SKALDIX and Bybit may fail
- Delayed Execution: Orders may not execute at expected prices
- Internet Connectivity: Your connection issues can prevent order management
- Mobile App Issues: App crashes or updates may interrupt trading
5. Exchange Risks
- Bybit or any exchange could be hacked or become insolvent
- Exchanges may freeze withdrawals or trading
- Regulatory actions could shut down exchange access
- Exchange system overloads during high volatility
6. Financial Risks
You could lose:
- Your entire trading capital
- More than your initial deposit (with certain leverage settings)
- Time and opportunity costs
Only Trade What You Can Afford to Lose
Never trade with money you need for rent, food, bills, or emergencies. Never borrow money to trade. Never trade with funds that would cause significant hardship if lost.
7. Psychological Risks
- Trading can be addictive and affect mental health
- Losses can lead to emotional decision-making
- Over-trading and revenge trading after losses
- False confidence during winning streaks
8. Regulatory Risks
- Cryptocurrency regulations vary by jurisdiction
- Laws may change, affecting your ability to trade
- Tax obligations for trading profits
- You are responsible for compliance with local laws
9. What SKALDIX Does NOT Do
- We do NOT guarantee profits
- We do NOT provide financial advice
- We do NOT protect against all losses
- We do NOT have control over exchange operations
- We do NOT compensate for trading losses
10. Your Responsibilities
- Understand all risks before trading
- Use only funds you can afford to lose
- Set appropriate stop-losses and position sizes
- Monitor your positions regularly
- Keep your API keys and account secure
- Comply with laws in your jurisdiction
- Seek professional financial advice if needed
11. Acknowledgment
By Using SKALDIX, You Confirm:
- I have read and understood this Risk Disclosure
- I understand I may lose all my invested capital
- I am trading with funds I can afford to lose
- I will not hold SKALDIX liable for trading losses
- I am at least 18 years old and legally able to trade
- I have considered seeking independent financial advice
12. Contact
If you have questions about these risks:
Telegram: Contact us on Telegram