Forget Crypto: 2 Safer Investments That Could Make You Rich
Cryptocurrency has emerged as a popular investment despite the fact that many people still don't quite understand what it is and how to buy and sell it. These days, a growing number of vendors are accepting cryptocurrency as a form of payment, and more large companies are investing in it.
But despite the lure of cryptocurrency investing, it's hard to overlook the concerns. For one thing, most U.S. businesses do not accept cryptocurrency, and if it doesn't become increasingly mainstream, its value may wane.
Cryptocurrency is also extremely volatile. On April 23, Bitcoin (CRYPTO: BTC) and other digital currencies plunged in response to President Biden's recently proposed capital gains tax increase. All told, the entire cryptocurrency market lost $200,000 billion of value, according to CoinMarketCap.
Source Fool.com
