Understanding Cryptocurrency & Your Options with Ally Invest®
Mục lục bài viết
Our take.
Cryptocurrencies are designed to be unregulated and as a result are volatile – sometimes extremely so. That volatility directly affects how securities related to cryptocurrency perform. It also creates additional risk that crypto trusts and bitcoin future ETFs may not achieve their objectives or be able to accurately track the price of their underlying cryptocurrencies.
The bottom line: the entire cryptocurrency space is speculative. Make sure you fully understand the risks. If you’re going to directly buy or sell cryptocurrency, find a trusted exchange and make sure you understand the terms and conditions as well as any associated fees or costs.
