11 Things to Consider Before Investing in Crypto
There’s a rise in people who want to get in on the “hype” and invest in cryptocurrency without truly understanding how they work.
Blockchain is the infra-structure that supports crypto-currency.
For an asset to be valuable, it must be scarce — or at least difficult to obtain. That’s why oil is w
Thus, there is a limited supply.
When we deposit money into an account with a financial institution, the bank knows exactly who we are. The same isn’t true when you’re investing in cryptocurrency.
Mass Adoption is Still Far Off
The volatility of the cryptocurrency market is a significant reason why we’re so far off mass adoption.
As with conventional investing, if you want to build future wealth, you have to diversify. That means investing only a small percentage of your total wealth into cryptocurrency.
Make sure you just don't follow the hype. Swipe up to read 11 things that you should know before investing in Bitcoin and other cryptocurrencies,