Cryptocurrency has been hottest thing over the past few years and most famously argued by gurus about crypto being the next big thing and when the “bubble” is going to pop. With Bitcoin surging pass the 6000 mark and Etherum surging pass the 300 mark. Those that bought into Bitcoin in the starting of the year will really be laughing to the bank now (provided that they’re selling them now!)
Bitcoin as of 01/01/17 at price of $997.69! Today at $5,835.22!! This is a 584% increase YTD!
Look at it! So what is cryptocurrency?? Let’s take a look at the definition from Investopedia.
Adapted from Investopedia
Investing in cryptocurrency? Wait.. Is cryptocurrency an investment?
Let’s take a look at what exactly an investment is!
Investment is an asset or item purchased with the believe/hope that it will appreciate or generate income in the future.
Ha.. So is cryptocurrency is an