Investing In Crypto: Pros And Cons
With all the excitement surrounding Bitcoin’s recent climb to over $100,000, many investors — new and experienced alike — are wondering if it’s time to hop on the crypto bandwagon.
But don’t move too fast. Crypto is highly volatile and not backed by business performance or concrete assets like cash flow, meaning if you’re not careful, you can lose your hard-earned cash. So it’s important to analyze the potential risks and rewards of buying crypto.
The pros of investing in crypto
Investing in crypto is something you really should take time to consider, including weighing the pros and cons. Here are some of the pros.
Potential for life-changing gains
Crypto, especially Bitcoin, is known for…
