We use such strong terms because a lot of persons we come in contact with have been ruined by cryptocurrency trading in a hurried attempt to make money fast or as a belated source of passive income.
As you well know if you are reading this, Warren Buffet believes Cryptocurrency is absolute trash and definitely Not an asset worth investing in and we think so too.
Rather than investing in cryptocurrency there are a lot of great era defining industries like artificial intelligence, cloud computing, video games and legal marijuana to put money into.
Generally, the pull to such unhealthy investments is caused by greed and the promise of a windfall of gain overnight without the warning that such wind just might take you away completely.
If anyone is pressuring you into trading cryptocurrency…ask yourself…what does he or what do they stand to gain?
SHORT ANSWER: YOUR MONEY!
1. The Cryptocurrency Asset Has no Long Term Value
2. Decentralized Exchanges Dominate Cryptocurrency Investing
3. Cryptocurrency helps to fund Illegal Practices
4. High Risk Of Cryptocurrency Hacks
5. Poor Regulation Of Cryptocurrency