Price dips in bitcoin and ethereum may offer investors a chance to get into cryptocurrencies

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Price dips in bitcoin and ethereum may offer investors a chance to get into cryptocurrencies

Top cryptocurrencies are continuing their rough start to the year, falling alongside stocks. slumped more than 6% Monday, falling below $33,000, according to Coin Metrics. The digital coin is now more than 50% from its all-time high near $69,000 in November and has shed more than 30% year to date. At the same time, fell more than 7% to about $2,300. It's now down more than 35% from the start of the year. While the losses can be distressing to investors, they also offer a chance for people interested in buying cryptocurrencies to review their financial plan and get into the volatile asset class if it makes sense for them, said Tyrone Ross, CEO of Onramp Invest, a crypto-asset platform for financial advisors and firms. "When something goes on sale and you like it, you should buy it," he said. In addition, cryptocurrencies have become an increasingly accepted form of payment. "I think we're not at mass adoption yet, but we are at mass acceptance," said Ross, adding that for those who've done their research and decided that crypto is right for them, it's a good time to jump into the investment. To be sure, you shouldn't rush into any

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