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Britain warns bitcoin investors not to lose all their money

1 month ago
in Investors
3 min read
Britain warns bitcoin investors not to lose all their money
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She pointed out that 38% of them consider it a gamble

A British financial watchdog on Thursday warned people who invest in cryptocurrencies such as Bitcoin to be prepared to lose all their money, revealing a growing interest in these volatile assets.

The authority indicated that 2.3 million Britons hold cryptocurrency, compared to 1.9 million last year, according to France 24.

She pointed out that 38 percent of cryptocurrency traders considered these assets as a gamble, down from 47 percent last year, while increasing numbers are seeing them as either a complement or alternative to mainstream investments.

The main digital currency, Bitcoin, has seen huge fluctuations over the past year.

Britain

Britain warns bitcoin investors not to lose all their money

Sabq electronic newspaper
previously
2021-06-17

A British financial watchdog on Thursday warned people who invest in cryptocurrencies such as Bitcoin to be prepared to lose all their money, revealing a growing interest in these volatile assets.

The authority indicated that 2.3 million Britons hold cryptocurrency, compared to 1.9 million last year, according to France 24.

She pointed out that 38 percent of cryptocurrency traders considered these assets as a gamble, down from 47 percent last year, while increasing numbers are seeing them as either a complement or alternative to mainstream investments.

The main digital currency, Bitcoin, has seen huge fluctuations over the past year.

June 17, 2021 – Dhu al-Qi’dah 7, 1442

10:06 PM


She pointed out that 38% of them consider it a gamble

A British financial watchdog on Thursday warned people who invest in cryptocurrencies such as Bitcoin to be prepared to lose all their money, revealing a growing interest in these volatile assets.

The authority indicated that 2.3 million Britons hold cryptocurrency, compared to 1.9 million last year, according to France 24.

She pointed out that 38 percent of cryptocurrency traders considered these assets as a gamble, down from 47 percent last year, while increasing numbers are seeing them as either a complement or alternative to mainstream investments.

The main digital currency, Bitcoin, has seen huge fluctuations over the past year.

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