Thinking About Buying Dogecoin? Buy Ethereum Instead

Cryptocurrencies are risky, speculative investments, but they can potentially be lucrative. Certainly, some investors have made millions buying and selling tokens -- but others have incurred big losses.

Some of the volatility stems from the fact that the whole cryptocurrency model is still in its infancy. And while the underlying technology does have the potential to revolutionize a variety of industries, it's still unclear whether that will actually happen, or which tokens will benefit if it does.

So if you're going to trade in cryptocurrencies, it's crucial to understand what you're getting into, and to pick carefully from among the ever-growing array of tokens -- because some are significantly more risky than others.

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Source Fool.com