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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.
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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