5 Major Problems Of Investing In Cryptocurrency

RADICALFIRE.COM

Virtual currency is seen as the future of monetary money by many. Bitcoin is the perfect example of this new virtual currency.

The rise of Bitcoin and the introduction of blockchain into our everyday world could  be revolutionary.

We need to get into the problems that cryptocurrency faces. Let's start.

This is the issue with cryptocurrencies: they have no fundamentals and thus no real value.

Be prepared for any volatility when you decide to invest  in cryptocurrencies.

The issue is that it is very hard to find out where your money went and who currently has it. Investing in cryptocurrencies is very anonymous, perhaps too anonymous.

Cryptocurrencies are not environmentally sustainable since takes a lot of energy because they need the fastest computers for this.