Cryptocurrency is a best investment if you want to gain direct exposure to the demand for digital currency, while a secure but potentially less lucrative alternative is to buy the stocks of companies with exposure to cryptocurrency.
Is cryptocurrency secure?
Several factors make cryptocurrency not entirely secure, at least currently, while other signs are emerging that cryptocurrency is here to stay. Cryptocurrency exchanges, more so than stock exchanges, are vulnerable to being hacked and becoming targets of other criminal activity. These security breaches have led to sizable losses for investors who have had their digital currencies stolen.
What are the risks of Cryptocurrency?
They are susceptible to error and hacking: there is no perfect way to prevent technical glitches, human error or hacking. They can be affected by forks or discontinuation: cryptocurrency trading carries additional risks such as hard forks or discontinuation.