Ask Yourself These 3 Questions Before Investing in Cryptocurrency

·3-min read
Ask Yourself These 3 Questions Before Investing in Cryptocurrency

A good rule of thumb when investing in stocks is to never buy shares of a company whose business model you don't understand. On a basic level, cryptocurrency is a digital currency that can be used to pay for different goods and services -- though it's worth noting that it's not yet widely accepted. Cryptocurrencies work using a technology known as blockchain, which keeps tabs on digital transactions.

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