Hi, today I’m going to talk about crypto.
Is crypto a good investment for the future and what is crypto currency?
Cryptocurrency is a relatively new type of money that operates in a completely different way than the traditional currency we all use every day. The most basic difference is that it’s exclusively a virtual currency, meaning there are no physical cryptocurrency coins or notes you can keep in your back pocket. When Satoshi Nakamoto launched the Bitcoin protocol in January 2009, the first globally viable cryptocurrency had arrived.
It’s still a speculative and volatile investment. If you’re not willing to lose the money you put into crypto by purchasing on an exchange, then you shouldn’t put it in a crypto fund either. Carefully consider if you’re willing to take on the risk of having cryptocurrency in your portfolio at all.