Video: cryptocurrency: ripe or risky?
Is cryptocurrency a wise investment?
Wed, 20 Dec 2017 22:13:39 +0000cryptocurrency: ripe or risky?Is cryptocurrency a wise investment?http://chic.clipsyndicate.com/video/playlist/12487/7216302?cpt=8&wpid=2637WKTVbut is the digital dollar too risky a gamble? newschannel 2's joleen ferris is live in the studio with more. joleen? investing is all about risk management; knowing when and when not to take risks. is the phantom dollar worth the jump? it's a bitcoin brouhaha....ripple riot....and litecoin lunacy....the wall street journal today reported thatsome of wall street's largest players are gearing up for bitcoin and that some large firms are considering whether it's time to wade into the market. locally, young people are wading in to varying degrees of depth, talking in social media about the excitement of investing in crypto currency. financial advisors with several decades experience helping locals grow their money say...tread carefully...and don't get in over your head 7:56 "my first reaction is, did we not have a crash tenyears ago that people should've been more conservative? but some say they're making money right now, investing in cryptocurrency 9:05"the key to investing in the market in the short term is to know when to get out" honorine wallack sees cryptocurrency as a rollercoaster right now....exhilerating and exciting, maybe. but potentially risky, too. 13:27 "it's so big part of ;the virtual that you're probably gonna see peeks and valleys of it, peaks and valleys of it for probably a protacted period of time, ten years, till they can probably, if it's for real,they're gonna have to find some underlying value. it's gonna have to be tied to something. does that make sense? you're gonna have to have it collateralized against something, just like this is" " new at six, we'll tell you which cryptocurrency creator has sold his entire holding. back to you. here's what you can find on wktv.com right now! reversing