Cryptocurrency Crash

Posted by Wolf Street

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These are dangerous markets!


“A lot of the price run-ups in these virtual currencies have been due to investors’ beliefs in utopian fantasies of perfect financial systems without regulations. When beliefs stretch that far out into left field, any small trip up in the investment narrative (such as a system hack) will cause prices to come tumbling down.

This is why we’ve seen multiple large crashes in these cryptocurrencies in just the few years of their existence. These are dangerous markets and investors should be wary of getting involved.”

….read more HERE


An Everyman’s Guide To Understanding Cryptocurrencies