Is crypto a bad investment?

Crypto isn't necessarily a bad investment. It is risky, though, so be sure you know what you're getting into before you buy. To decide whether crypto is right for you, consider your tolerance for risk. The price of Bitcoin has fallen by nearly 37% since mid-November, and it's lost more than 80% of its value in the past.

Is cryptocurrency having a bad week?

Cryptocurrency is having a terrible week. And it’s only Wednesday. Still, long-term investors are shrugging off the extreme drops in the a value of digital coins and the breakdown of the exchanges that make them available to investors. Bitcoin, the world’s most valuable cryptocurrency, dropped to near $21,000 Wednesday.

Is crypto right for You?

To decide whether crypto is right for you, consider your tolerance for risk. The price of Bitcoin has fallen by nearly 37% since mid-November, and it's lost more than 80% of its value in the past. If you know that level of volatility will cause you to lose sleep at night, crypto may not be the right investment for you.

Is crypto a scam?

But it is safe to assume that the rate in crypto is not as high as it seems. But total transparency makes crypto look worse than it is. Disingenuous entrepreneurs raising money from unsuspecting marks is an ancient practice in every industry. Thousands of new restaurants fail every year, and some of those failures inevitably turn out to be scams.