Cryptocurrency Investing

As with all investing it is important to know the risks involved, All investments carry different amounts of risk and this should be carefully considered before making any investment. Never invest more than you are willing to lose.

Cryptocurrency is a digital currency in which transactions are verified and records maintained by a decentralized system, therefore they are not linked to any country or form of government.

Crypto has been around for around 14 years but is still relatively new to the investing market in terms of popularity.

Due to the nature of Crypto the risks of losing part or even all of your money are a lot higher than other assets, Like stocks Crypto prices are widely driven by supply and demand although unlike stocks crypto is not yet associated with the ownership of any physical company or assets, this causes the market to be very volatile. Also due to the ease of creating a cryptocurrency and limited regulation almost anyone can make and sell them which leads to the potential for scams or Pump and Dump Schemes.

As the risks are extremely high this also leads to the possibility of extremely high returns.

Crypto is still growing in popularity and still has a high potential as it continues to get accepted into society through business accepting it as payment for products or services and other companies holding crypto in their investment portfolios.

The most important thing with Crypto is research, it is extremely important to know as much as you can about a cryptocurrency before you invest any money into them. When you are ready to begin, start small and give yourself plenty of time to fully understand how it works before you try putting in bigger investments.