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5 reasons not to invest in crypto

27/10/2021

 
Have you heard the hype surrounding bitcoin and crypto-currency?  Been tempted to buy any?  Feel like you should "invest" but don't know where to start?

This week a friend emailed asking for advice, should he invest in Crypto?    He asked me to talk him out of it!  He said "Now FOMO (fear of missing out) is running amok and Bitcoin is surging. My friend keeps telling me “you’ll buy at $100K, you’ll buy at $100K!""
Alan Donegan Bitcoin hat, avoiding investing amid the bitcoin hype
Alan got given a bitcoin hat but can he avoid the hype and avoid investing!
So many people seem to be talking about it.  Millennial Revolution are mining it in their Airbnb's, the Escape Artist is writing about it and the highs and lows.  It seems to be in the press in different ways every single day. 

With all the hype I wanted to stand up and give a different opinion.  These are my reasons why I don't invest in crypto and won't tell anyone to do it either.

If you are looking to let go of the feeling of "I should invest in crypto" or you want some balance to the reasons for investing then this article is for you.  If you love crypto and don't like to be challenged you aren't going to like this one!

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