2 Reasons to Invest in Crypto -- and 2 Reasons Not To

Cryptocurrency is a relatively new type of investment, and it's an intriguing option for many people.

During the crypto boom earlier this year, many types of cryptocurrencies saw their prices skyrocket. The price of Bitcoin (CRYPTO: BTC), for example, soared by more than 100% between the beginning of the year and mid-April. Ethereum (CRYPTO: ETH) was up by nearly 250% in that timeframe, and the price of Dogecoin (CRYPTO: DOGE) surged by more than 3,000%.

While prices have fallen off since reaching their peaks, those incredible returns have made cryptocurrencies impossible to ignore. If you're on the fence about investing, there are two reasons you might consider buying now -- and two reasons you shouldn't.

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Source Fool.com