From Elon Musk to Snoop Dog to Gene Simmons, cryptocurrency has taken the world by storm. But there's always a huge risk that accompanies digital currencies and should be factored in before and while investing. A recent example is Bitcoin, the world's oldest and largest crypto coins that plunged nearly 30 percent after the Chinese government's crackdown on the trading of digital assets.
Having said that, there are still a large number of investors who find the idea of investing in cryptocurrencies enticing but are unable to take the step forward due to a lack of knowledge.
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