It is unwise to spend money on cryptocurrency.
Taking cryptocurrency as the investment object has become a follow-up practice at present. However, financial experts say: We should avoid following suit and investing in this market. In fact, they hope that customers will not waste their hard-earned money on investing in Bitcoin, because this kind of investment is not cost-effective. What do people think of the technology behind Bitcoin-blockchain? Now, various companies are trying to find new ways to use blockchain technology. But for investors, the question they must ask is: Will the blockchain become the next Internet bubble that will change the world?
Although many financial experts have different views on these issues, billionaire Buffett said in an interview recently that investors' enthusiasm for Bitcoin and other cryptocurrencies will not fade. FX678 reported that Buffett, chairman of Berkshire Hathaway, said in an interview: "I can almost say that cryptocurrency will have a bad ending." But he also said that he would not short bitcoin futures.
Several members of the Digital Finance Advisory Committee of the US Consumer News and Business Channel use blockchain technology to measure the cryptocurrency boom and investment opportunities.
Investing in blockchain technology is a good choice.
Ron Carson, founder and chairman of Carson Wealth Management Group, said: "It is foolish to try to choose a cryptocurrency for investment now. Unless you are gambling, I suggest you don't invest your money in cryptocurrency now. " However, despite this, Carson still saw the opportunity of blockchain technology.
Carson said that the blockchain will realize the point-to-point exchange of value and service. This will change a country's economic situation and improve it. Cathy Curtis, founder of Curtis Financial Planning Company, and Carolyn McClanahan, founder of Life Planning Company, also heard about the investment opportunities of Bitcoin from customers. Curtis said: "I did talk to customers about cryptocurrency and bitcoin." Curtis added: "What I want to say now is that if you want to invest in it, go ahead. But I don't see its value. More cautious customers will decide whether to invest after detailed consultation. Don't spend too much money to invest in Bitcoin now, because you have missed the opportunity. "
Although Curtis admits that he has not seen the positive side of bitcoin investment, he is optimistic about blockchain technology. Curtis said: "Blockchain technology is not easy to be attacked by hackers and can be applied to many other industries." When explaining blockchain technology to customers, McClanahan said: "Blockchain technology is great." This person said: "Using blockchain technology will be able to do many great things, so it makes sense to regard it as an investment opportunity. But we will achieve this goal through a diversified portfolio. "