Crypto Is Crashing: Is Now the Time to Invest?
Cryptocurrency has always been volatile, but it's experienced quite the wild ride over the past few months. After shattering records and reaching staggeringly high prices, cryptocurrencies have taken a sharp turn for the worse.
Bitcoin (CRYPTO: BTC), which reached a high of around $65,000 per token last month, has fallen by more than 30% over the past 10 days, as of this writing. Other popular cryptocurrencies Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) are also down around 30% over the same time period.
Sometimes, market crashes are beneficial to investors because they're an opportunity to buy stocks at bargain prices. If you've been eager to invest in cryptocurrencies but are hesitant about the sky-high prices, a crypto crash could make them more affordable. But does that mean you should invest?
Source Fool.com