Ethereum Founder States that Traditional Investment is Best for Life Savings

Some may be lured to the cryptocurrency market to capitalize on market volatility and highs gains that characterize it, but others, even the people that devised the same instruments may have other thoughts about it, even advising investors to tread lightly around them.
Following this line of thought, Vitalik Buterin, founder of Ethereum, stated this afternoon via his Twitter account that “cryptocurrencies are still a new and hyper-volatile asset class, and could drop to near-zero at any time. Don’t put in more money than you can afford to lose. If you’re trying to figure out where to store your life savings, traditional assets are still your safest bet.”
There is a need for people to understand that trading cryptocurrencies is a high-risk business and that market behavior is uncertain. Still, he also advised that if you want to capitalize on high gains regardless of the risk, you should only invest what you can lose without putting yourself in jeopardy.
The cryptocurrencies and alt-coins have been taken as a mean for investing, rather than a mean for spending, as they were initially conceived. A free advice from the founder of a reputable and highly traded crypto-coin that shouldn’t be ignored by anyone trying to make a quick buck.

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