The cost of buying cryptocurrencies can sometimes become divorced from their underlying value. ... If the price of virtual currencies is driven up because they become the latest meme stock, then the price can plummet when people move on to the next big thing. This further increases the risk of losing the borrowed funds.
Investments are always risky, but some experts say cryptocurrency is one of the riskier investment choices out there, according to Consumer Reports. ... Earlier this year, CNBC forecasted that the cryptocurrency market is expected to reach a value of $1 trillion+
Probably the biggest concerns with cryptocurrencies are the problems with scaling that are posed. ...
Price volatility and lack of inherent value. ...