2021 Crypto Investing Tips From Financial Advisors

2021 Crypto Investing Tips From Financial Advisors

You can buy it online. You can get it at the ATM. And you can even snap it up in person. Cryptocurrency has dominated investing headlines in the first half of 2021. But with Bitcoin falling from over $64,000 in April to less than $30,000 in June, many investors are thinking about moving their money back to stocks, options, and other types of investments. SmartAsset spoke with financial advisors to help you decide if (and when) cryptoassets are good for you. Here's what you need to know about crypto investments in 2021.

With so many cryptocurrencies available, the opportunities could feel endless. And while these digital currencies are attracting record numbers of investors in 2021 with the hopes of cashing in on high returns, financial authorities continue to warn about the risks of losing all your money.