GO BACK if you (1) don’t have at least 3 6 12 months’ worth of expenses in savings (where to save money), and (2) not good and not willing to learn about digital security. I’m dead serious, GO BACK. Cryptocurrencies as an investment is NOT suitable for you right now. You’re entering the high risk, high rewards zone.

Alright, full disclosure time – I am a crypto investor, since end of 2015. Why? Sure, there are people who buy cryptocurrencies for their utility, but let’s face it, most people get into it for the profit potential, including myself. The value is driven by supply and demand and purely speculative in nature.

In case that isn’t clear, I’ll repeat: (1) I’m biased because I’m a crypto investor, and (2) cryptocurrencies is a speculative investment.