I just saw an article which pretty much alarming.
It says that cryptocurrency investors could lose their life savings at any time due to the volatility of the digital money markets, the co-founder of Bitcoins closest rival has warned. Vitalik Buterin, the 24-year-old Russian boy genius who invented Ethereum, fears that anyone who ploughs their cash into virtual currencies could be ruined in an instant.
He advised investors to put their money into more old-fashioned assets and make sure they only put in money they can afford to lose. Cryptocurrencies are still a new and hyper-volatile asset class, and could drop to near-zero at any time, he wrote on Twitter.
what are your thoughts about this one?
you can read more of that information in the link news below
http://metro.co.uk/2018/02/19/bitcoin-price-hit-near-zero-co-founder-rival-cryptocurrency-ethereum-warns-7323855/Well, yes if they would invest all of their life savings in bitcoin then we would not sugar coat it and it would be clear as day, they might lose their life savings. But I think that cruptocurrency users whether in bitcoin or in any digital and virtual currency would know that it is not wise to put your money, all of it no matter how brave and confident you are in one basket so that uou might not have that dillema