Should i invest in crypto

Wide interest in digital currencies: There seems to be a growing interest in cryptocurrencies from investors, companies and governments. Tesla holds Bitcoin on its balance sheet and briefly accepted the digital currency as payment before reversing course. El Salvador adopted Bitcoin as legal tender in 2021, though the International Monetary Fund has urged the country to reverse its decision. Increasing acceptance of digital currencies could be positive for investors. See cryptocurrencies lasting long Ripple asked a judge to reject the SEC’s proposed $2 billion fine over its sale of XRP to institutional investors, claiming the huge sum was part of “ongoing intimidation” against the U.S. crypto industry. (The Block)

"Because it's been around for longer people are starting to accept it," Gavin Smith, Group CEO of crypto investment firm Panxora, told CNN Business. "That's led to professional involvement because now they understand a bit better how to manage the risk," Gavin Smith, Group CEO of crypto investment firm Panxora, told CNN Business. That's creating more confidence from the general public, he added. You are unable to access sofi.com All investments involve risk, and not all risks are suitable for every investor. The value of securities may fluctuate and as a result, clients may lose more than their original investment. The past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit or protect against loss in a down market. There is always the potential of losing money when you invest in securities or other financial products. Investors should consider their investment objectives and risks carefully before investing.

For investors willing to take the risk, understanding what they are investing in, having a crypto investment strategy and have having considered appropriate financial advice* could be good ideas. Investors should only invest what they can afford to lose. Podcasts @jordan_fx_

Alongside corporations entering into the market, crypto trading and mining has caught the eye of government overseers like never before. What is crypto? Morgan Stanley picks 'alpha' opportunities in China tech - giving one 52% upside