3 Cryptocurrencies to Invest In – Can You Handle the Risk?

Cryptocurrencies are pervasive in news headlines as an asset to invest in for the future.

Like any new investment, there will be survivors and ones that fail.  Dot-com era investors probably remember all the search engine startups  and many that no longer exist.

Cryptocurrencies are digital money or virtual currency. It is a digital asset stored on a network of distributed computers.

What is Cryptocurrency?

Like any investable asset, there exist risks to an investor. Early on,  cryptocurrencies had a reputation for being used in criminal activities.

Risk of Investing in Cryptocurrencies

Besides its popularity with retail investors, Bitcoin is widely accepted by financial institutions and tech companies.

Bitcoin

The second crypto on this list is Ethereum, not really a cryptocurrency.  Ether (ETH) is the actual cryptocurrency underlying Ethereum.

Ethereum

USD Coin attempts to solve one of the shortcomings of most cryptocurrencies, their volatility.

USD Coin

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