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Cryptocurrencies: what place to give them in your heritage today

2022-12-19T16:47:27.593Z


OUR ADVICE - The sudden bankruptcy of the FTX cryptocurrency exchange in the United States and the ups and downs in the value of Bitcoin are painful reminders of the extent to which this sector has shortcomings. Should we turn away from cryptocurrencies? Not sure.


On Monday, December 12, 2022, Sam Bankman-Fried (SBF), founder and former CEO of FTX, one of the leading cryptocurrency trading platforms, was arrested in the Bahamas.

The logical continuation of the biggest scandal affecting the young history of crypto-assets.

A fall linked to risky investments and a lack of regulation, against a backdrop of cover-ups, which caused a real earthquake in the world of finance.

As for Bitcoin, on November 10, 2021 it reached its highest historical value, at 59,754 euros.

Since then, the price of the most popular cryptocurrency has collapsed, posting at the end of 2022 around 15,800 euros.

An example that perfectly illustrates the extreme volatility of this type of asset.

But should we turn away from cryptocurrencies?

Does the bankruptcy of FTX and these sudden changes in value sound the death knell for digital currencies?

In reality, these events simply remind investors of the extent to which this brick of finance is still sorely lacking in regulation.

Variations that a smart investor could take advantage of to invest at the right time, provided they master the crypto-asset environment well… and have a strong heart.

Here are the questions to…

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Source: lefigaro

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