Five million Brits now own risky crypto: City watchdog sounds alarm
The world’s biggest cryptocurrency was last at $25,723, near a more than two-month low.
The lawsuits have rocked the crypto markets and Bitcoin fell more than five percent on Monday, its worst daily decline since April 19.
And the yuan slipped lower after reports Chinese authorities had asked the nation’s biggest banks to lower their deposit rates for at least the second time in less than a year in an effort to boost the economy.
Investing carries a lower risk and a lower loss, whereas speculation carries a higher risk and a higher loss. On the other hand, speculators are more concerned with making a quick profit. As a result, they devote time to fundamental analysis as well as market research. That’s why they take high risks at the possibility of losing everything.
If you’re a first-time investor, you should understand the difference between speculating and investing.
2.Not Knowing the Difference Between Investing and Speculating
Even if they have been in the market for a long time, few people understand the difference between investing and speculating.
Investors purchase assets in the hopes of making a profit in the future.
June 15 (Reuters) – BlackRock is close to filing an application for a bitcoin exchange-traded fund (ETF), CoinDesk reported on Thursday, citing a person familiar with the matter.
The crypto industry is at a crucial juncture, with two of the biggest industry players – Binance and Coinbase – under fire from the U.S.
Securities and Exchange Commission.
users,” the company said. “Importantly, Binance.com did not begin to offer the alleged digital asset derivative products until July 2019 and later -after it began to restrict and off-board potential U.S.
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