Bitcoin Investment

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5 Things to know before putting all your money into Bitcoin & cryptocurrencies

Rounding it up

  • The unregulated world of Bitcoin and other cryptocurrencies may promise potential big profit, but they also promise uncertainty.

  • Before you invest, know that buying cryptocurrency can be tricky; you must set up a digital wallet that many financial institutions don’t allow.

  • You’ll also be charged a foreign transaction fee on your cryptocurrency purchase as well.

  • Cryptocurrencies are not regulated or insured, and their value fluctuates a lot. Safe to say, you should invest only if you’re okay with some financial risk.

5 min read

Gaby Pilson
#cryptocurrency#bitcoin#crypto#investing

Gaby Pilson

Gaby Pilson is a writer, educator, travel guide, and lover of all things personal finance. She’s passionate about helping people feel empowered to take control of their financial lives by making investing, budgeting, and money-saving resources accessible to everyone.

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