CRYPTOCURRENCY

A Series of Bad Investments Proudly Presents

CRYPTOCURRENCY

A cryptocurrency is a digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature. A defining feature of a cryptocurrency and arguably its most endearing allure is its organic nature; it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.

Major Investing Risks:

1. any given cryptocurrency’s worth is hard to specifically value and it’s worth is ultimately subjective.

2. All crypto is really tricky when it comes to trade of any sort.

3. Cryptocurrency is too easy to lose.

4. Volatile movements in price and no clear patterns unfolding.

5. More susceptible to hackers and other digital scams

Further PROOF that Cryptocurrency is a BAD Investment:

If You Needed a Great Reason to Avoid Bitcoin and Ethereum, This Is It  

 -Fool.com

So you’re thinking about investing in bitcoin? Don’t   

-The Guardian

I told you investing in bitcoin was a bad idea

-Financial Times

Cryptocurrency, Not an Ideal Long-term Investment, warns Ethereum Co-founder

-DigitalTrends.Com

Don’t buy the hype: Why cryptocurrency is still a terrible investment

 -EuroNews.com