RATE Group | Watch out for these risks when investing in bitcoin
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Watch out for these risks when investing in bitcoin

12 Sep Watch out for these risks when investing in bitcoin

Posted at 12:28h in Bitcoin News by

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One big question on investors’ lips today is whether bitcoin is risky or not.

And the answer to that question is yes, according to financial advisor Ted Jenkin, CEO at Oxygen Financial.

Bitcoin is a peer-to-peer digital payment system. And because of that, there’s no government involvement, no central authority and no FDIC insurance, Jenkin said.

That means that if you lose your money, it is difficult to recoup what you have lost.

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