Is Investing in Digital Currencies Like Bitcoin Safe?
If you've been even slightly tempted to invest in digital currencies such as Bitcoin, Ripple, or Etherium, you might want to listen to Warren Buffett. In a recent interview on CNBC, the investing guru said he feels almost certain that putting money in this market "will come to a bad ending."
By now, everyone has heard about the mania over cryptocurrencies—a form of encrypted digital money that average investors can trade just like stocks. The frenzy was sparked by Bitcoin, the oldest and most well-known cryptocurrency, which soared more than 1,900 percent in 2017 to around $20,000, before falling to around $14,000 this month.