Bitcoin has been an object of serious criticism across the board for a range of reasons. Most notably, though, the first and foremost cryptocurrency faces a barrage of judgment due to its price volatility. Traditional and more conservative investors are taking the chance to label Bitcoin as an incredibly risky investment, as the cryptocurrency lost around 70 percent of its value since January. But how risky is Bitcoin exactly?
Cryptocurrency Investing is Gambling
A recent article on popular finance insight publication The Motley Fool expressed serious concerns about investing in cryptocurrencies. Bitcoin, the largest digital currency by means of market capitalization, was the main object of criticism.