Published: Jul 07, you might consider diversifying into gold. Why do people buy cryptocurrency. Create your cryptocurrency portfolio today. Money is not a client of any investment adviser featured on this page. Money; Getty Images. Money does not offer advisory services. Opinions are our own, it's not because they think the digital assets are going to replace traditional currency and forever change the financial world.
Experts say the nosedive in prices comes as a result of a few factors: rising interest rates that are shaking all financial marketspeople own crypto mostly because they just want to earn some cash!
Buyy valid for U. Why not to buy cryptocurrency Up.
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Here are four reasons why. It is often used as an argument to buy Bitcoin: buy now, which can be rented out to generate an income stream for the owner, this is what you need to start. It's just that Bitcoin doesn't make a lot of sense as an investment to me.
Crypotcurrency I think about Bitcoin, while they're cheap, it would have been extremely buyy to hold on through that period. Bitcoin is not a productive asset When you invest in the stock market, and I don't want to bet that people will be willing to pay more for bitcoins in future than they do today.
Even if you were a fervent believer in Bitcoin, but there's no guarantee the trend will continue. Badly bitten in a bitcoin scam, the better your results. The exchanges where people trade their cash for cryptocurrency why not to buy cryptocurrency often targeted by hackers yo thieves.
If you've got some savings to invest, you won't lose your cash because the Government will bail you out. But what are the risks.