cryptocurrency

 square measure cryptocurrencies a decent investment?

Cryptocurrencies could go up in price, however several investors see them as mere speculations, not real investments. The reason? rather like real currencies, cryptocurrencies generate no income, therefore for you to profit, somebody has got to pay a lot of for the currency than you probably did.

That’s what’s referred to as “the larger fool” theory of investment. distinction that to a well-managed business, that will increase its price over time by growing the profit and income of the operation.

As NerdWallet writers have noted, cryptocurrencies like Bitcoin might not be that safe, and a few notable voices within the investment community have suggested would-be investors to steer away from them. Of explicit note, legendary capitalist Warren Buffett compared Bitcoin to paper checks: “It's a really effective means of transmission cash and you'll be able to know anonymously and every one that. A check could be a means of transmission cash too. square measure checks price a full ton of money? simply because they will transmit money?"

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