CRYPTOCURRENCY investors can now put their cash in a Dogecoin spin-off called Baby Doge.
Before you invest money, if anything at all, keep in mind that cryptocurrencies are volatile and you may lose all the cash you put in.
Investing is not a guaranteed way to make money, and you should never put cash into anything you don’t understand.
Newer cryptocurrencies are also riskier than those that have been around for a while, such as Bitcoin, and make you more open to scams.
Plus, there’s scant regulation for cryptocurrency firms, so you’ll struggle to get help if and when things go wrong.
5 risks of crypto investments
BELOW we round up five risks of investing in cryptocurrencies.
- Consumer protection: Some investments advertising high returns…