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Cryptocurrencies: Things You Need to Know Before Investing in Them
Cryptocurrencies have become some of the most lucrative investment assets in this century. Since their launching over a decade ago, they have risen to hit a market valuation exceeding $2 trillion. Some analysts compare them to the era of the gold rush. They represent the biggest wealth transfer in modern times. This success has made millions of individuals invest in them. However, most investors don’t consider the risks involved. Just like all the traditional assets, investments in cryptocurrency do not guarantee returns. It is normal for a huge number of investors to lose their investments. The nature of cryptocurrencies makes them high risk high rewarding. Before investing in cryptocurrencies, below…