With a track record of successful investments, Warren Buffett has sealed his name in history as one of the greatest investors of all time. For this same reason, it baffles many that he is not a fan of cryptocurrencies. For many others, it confirms their views of what appears to be a delusion, staked in “invisible money.”
The Rento (RTO) ICO just ended, closing out on February 28, 2019. The company is attempting to create a global sharing platform, giving individuals and companies the ability to rent out unused or underutilized items for cash. While the general idea is intriguing, does that mean you should have invested in the ICO? Here is a look at what Rento wants to accomplish and whether investing would have been a smart move.
JP Morgan’s new virtual currency shows the rising interest of financial institutions in cryptocurrencies. Not only JPMorgan but also UBS along with other financial institutions have been working on cryptocurrency related projects. While the attempt at a virtual currency is laudable, there are a few concerning features of the cryptocurrency to address.
If you are new to the world of cryptocurrencies, it may surprise you how many are available today. Then, when you hear terms like “green cryptocurrency,” you might be more confused about investing than ever. Luckily, understanding what green cryptocurrencies are is fairly easy once you know what makes them different from other options like Bitcoin.
It is important to appreciate the multifaceted risks of trading cryptocurrencies. Mismanagement of cryptocurrency exchanges is one of such risks. In 2018, $1.5 billion was at risk by prominent cryptocurrency exchanges, the same year Reuters reported $1 billion stolen cryptocurrencies. Here’s what you should know about finding a safe cryptocurrency exchange.