Just kidding. I know what cryptocurrency is because I was married to someone who was a heavyweight in the investment field. He loved investing and taking risks. Sometimes there were wins and at other times he took a hit but he used to say that it was part of taking a risk and I agree. That is why I love safe bets!
However, if truth be told, there is always a risk factor involved in investments and unfortunately that is the truth and with some investments more so than others.
Coming back to cryptocurrency. What is it? It is defined as a “digital form of money that exists only online and has no physical coins or paper bills.” Sounds daunting? It is to me. You store your crypto in a software program called a digital wallet. Here is the thing, cryptocurrency is considered an investment asset but a high-risk one and if your portfolio size is a big one, go for it.
I’d rather stick with less risky investments. I have two but I won’t go into them here. The two have grown in worth but it took years and I consider them to be safe bets. Crypto? It is for people like my ex who don’t mind losing and ones who get an adrenalin rush when they get wins.
I breathe easy with mine and that matters.
What are your thoughts about cryptocurrency?
View all responses
