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4 Surprising Ways You Can Lose Money Investing in Cryptocurrency


Despite people saying cryptocurrency's a bubble about to burst, Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Dogecoin (CRYPTO: DOGE), and many other altcoins are drawing in new investors all the time. Like any investment, there's a risk of loss when you invest in cryptocurrency. But betting on the wrong one isn't the only way it could all go wrong. Here's a look at four ways investing in cryptocurrency could cost you, and how you can reduce that risk.

OK, so when it comes to investing in anything, there aren't really clear-cut rights and wrongs. People have made fortunes betting on penny stocks and shiny new cryptos that don't end up going anywhere in the long run. They were just lucky enough to get in and out at the right times. But most people aren't that fortunate.

Image source: Getty Images.

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Source Fool.com

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