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Is Cryptocurrency a good investment right now?
Investing in crypto assets is risky but also potentially extremely profitable. Cryptocurrency is a good investment if you want to gain direct exposure to the demand for digital currency, while a safer but potentially less lucrative alternative is to buy the stocks of companies with exposure to cryptocurrency
Investing in crypto assets is risky but also potentially extremely profitable. Cryptocurrency is a good investment if you want to gain direct exposure to the demand for digital currency, while a safer but potentially less lucrative alternative is to buy the stocks of companies with exposure to cryptocurrency
Some people ask me: Is there any future in cryptocurrency?
I Reply Them
With regards to the future of cryptocurrency, we will definitely see more growth and adoption. Yet, with China's ban on a cryptocurrency exchange, it is quite uncertain how things might turn out for cryptocurrency trading in the future. A ban from a strong and powerful nation is something we should ponder on.
Is Crypto Safe
Cryptocurrency exchanges and third parties offer storage for your coins through hot wallets, which are secure, but still online (and therefore still susceptible to hacking). Crypto held on an exchange or in a wallet is not FDIC-insured like money in the bank.
