Economy - Finance > Investments

3 reasons cryptocurrency might be the wrong investment for you, according to a financial planner

1 month ago   |   By Business Insider

Summary List Placement "Is cryptocurrency a smart investment?"
I must've heard this a thousand times in the last year. Clients, friends, my dentist - even my mom wants to talk about crypto. There's a digital gold rush happening , and everyone wants a piece of the action.
But not so fast. Before you invest in something as new and unproven as cryptocurrency, it's important to look at both sides of the coin.
Reasons you should invest
Reasons you should *not* invest
Failing to ask "Why not?" leads to investing based on emotion, or FOMO , which can lead to costly mistakes. Do the smart thing...
Read more ...

 


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