If You Invest In Index Funds, You Need To Know The Cryptocurrency Equivalent – Sherman Lee

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Thousands of guides have popped up purporting to help beginners get started investing in cryptocurrency. While some are useful, it is clear that investing in cryptocurrency is not a straightforward endeavor. For one, cryptocurrencies as an asset class are riskier than what the average investor is comfortable with; and secondly, learning to buy and trade cryptocurrencies can be an ordeal in itself, with security issues and difficulties in working with multiple exchanges.As an asset class, cryptocurrencies are more volatile than traditional assets. However, the rise can be meteoric as well. Bitcoin, for example, traded at $1,320 on April 28 a year ago…………

Read more: https://www.forbes.com/sites/shermanlee/2018/05/14/if-you-invest-in-index-funds-you-need-to-know-the-cryptocurrency-equivalent/#6bf87d792c84

 

 

 

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