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Can you go into debt with cryptocurrency?

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 Many people are wondering if they can go into debt with cryptocurrency , and the answer is yes. However, as a loan should be treated with care, it's important to understand how seasoned users are managing their finances until the new currency matures. The blog discusses some of the pitfalls experienced in ICOs and other cryptocurrencies: what risks to look out for and ways you can mitigate them. Playing it safe with ICOs As cryptocurrency was a completely new concept, it was inevitable that some ICOs were scams. The question of whether a particular coin is a genuine investment opportunity vs an attempt to lure in innocent investors' hard-earned cash has divided the cryptocurrency community, and there are still heated debates online. As more and more users enter the market , there are fewer investors willing to gamble on vaporware, which means that companies sponsoring ICOs have to be very careful about what they present. The most obvious advice is to do your homework before y...
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Why you should not invest in cryptocurrency?

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 It’s been an exciting time to be in the cryptocurrency game. Bitcoin has been making headlines, with prices skyrocketing past $10,000 recently. But just because there have been some healthy returns doesn’t mean you should rush to invest without understanding what you are getting into. One of the main problems is that the investing landscape is very complex and seems designed to confuse newcomers and experts alike. Is there any way to separate fact from fiction without getting caught up in a maze of misconceptions and misinformation? I suggest you read on and check out the following five reasons not to invest in cryptocurrency until after you’ve spent some time learning about it. As you well know, there are several popular cryptocurrencies that have significant returns on offer. This kind of opportunity is not to be sniffed at; cryptocurrencies have one distinct advantage over other investments: no counterparty risk . You are probably aware of the fact that investing in a regular ...
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