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Currencies

What to know before investing in cryptocurrency

Cryptocurrency, like bitcoin, has evolved from a niche payment system in 2009 to a popular investment option today.Bitcoin and other cryptocurrencies are digital currencies bought and sold without traditional banks. “Crypto, and bitcoin in particular, was really started as a payment system that was intended for people just to go shopping with,” said David Yermack, a finance professor at NYU Stern School of Business. “It has morphed into an investment.” Bitcoin can be purchased through cryptocurrency exchanges, stockbrokers, ATMs, exchange-traded funds, money transfer apps and wallet software. It can also...
Investing in Currencies

‘How did you get suckered?’: Investing in cryptocurrency has opportunities and risks

One Virginia woman who claims she got scammed through investing her savings into cryptocurrency hopes to help other investors by sharing her story. This article is part of WTOP’s monthlong series, “Money Matters,” where we explore tips for saving, budgeting and making your money work for you. Check for new articles all month, right here on WTOP.com. A Virginia woman nearing retirement said she connected with an influencer on TikTok who advised her to try out cryptocurrency trading. He connected her with a “trade coach” who recommended a website for...
Investing in Currencies

‘How did you get suckered?’: Investing in cryptocurrency has opportunities and risks

One Virginia woman who claims she got scammed through investing her savings into cryptocurrency hopes to help other investors by sharing her story. This article is part of WTOP’s monthlong series, “Money Matters,” where we explore tips for saving, budgeting and making your money work for you. Check for new articles all month, right here on WTOP.com. A Virginia woman nearing retirement said she connected with an influencer on TikTok who advised her to try out cryptocurrency trading. He connected her with a “trade coach” who recommended a website for...
Investing in Currencies

‘How did you get suckered?’: Investing in cryptocurrency has opportunities and risks

One Virginia woman who claims she got scammed through investing her savings into cryptocurrency hopes to help other investors by sharing her story. This article is part of WTOP’s monthlong series, “Money Matters,” where we explore tips for saving, budgeting and making your money work for you. Check for new articles all month, right here on WTOP.com. A Virginia woman nearing retirement said she connected with an influencer on TikTok who advised her to try out cryptocurrency trading. He connected her with a “trade coach” who recommended a website for...
Investing in Currencies

‘How did you get suckered?’: Investing in cryptocurrency has opportunities and risks

One Virginia woman who claims she got scammed through investing her savings into cryptocurrency hopes to help other investors by sharing her story. This article is part of WTOP’s monthlong series, “Money Matters,” where we explore tips for saving, budgeting and making your money work for you. Check for new articles all month, right here on WTOP.com. A Virginia woman nearing retirement said she connected with an influencer on TikTok who advised her to try out cryptocurrency trading. He connected her with a “trade coach” who recommended a website for...
Investing in Currencies

‘How did you get suckered?’: Investing in cryptocurrency has opportunities and risks

One Virginia woman who claims she got scammed through investing her savings into cryptocurrency hopes to help other investors by sharing her story. This article is part of WTOP’s monthlong series, “Money Matters,” where we explore tips for saving, budgeting and making your money work for you. Check for new articles all month, right here on WTOP.com. A Virginia woman nearing retirement said she connected with an influencer on TikTok who advised her to try out cryptocurrency trading. He connected her with a “trade coach” who recommended a website for...
Investing in Currencies

‘How did you get suckered?’: Investing in cryptocurrency has opportunities and risks

One Virginia woman who claims she got scammed through investing her savings into cryptocurrency hopes to help other investors by sharing her story. This article is part of WTOP’s monthlong series, “Money Matters,” where we explore tips for saving, budgeting and making your money work for you. Check for new articles all month, right here on WTOP.com. A Virginia woman nearing retirement said she connected with an influencer on TikTok who advised her to try out cryptocurrency trading. He connected her with a “trade coach” who recommended a website for...
Investing in Currencies

‘How did you get suckered?’: Investing in cryptocurrency has opportunities and risks

One Virginia woman who claims she got scammed through investing her savings into cryptocurrency hopes to help other investors by sharing her story. This article is part of WTOP’s monthlong series, “Money Matters,” where we explore tips for saving, budgeting and making your money work for you. Check for new articles all month, right here on WTOP.com. A Virginia woman nearing retirement said she connected with an influencer on TikTok who advised her to try out cryptocurrency trading. He connected her with a “trade coach” who recommended a website for...
Investing in Currencies

‘How did you get suckered?’: Investing in cryptocurrency has opportunities and risks

One Virginia woman who claims she got scammed through investing her savings into cryptocurrency hopes to help other investors by sharing her story. This article is part of WTOP’s monthlong series, “Money Matters,” where we explore tips for saving, budgeting and making your money work for you. Check for new articles all month, right here on WTOP.com. A Virginia woman nearing retirement said she connected with an influencer on TikTok who advised her to try out cryptocurrency trading. He connected her with a “trade coach” who recommended a website for...
Investing in Currencies

‘How did you get suckered?’: Investing in cryptocurrency has opportunities and risks

One Virginia woman who claims she got scammed through investing her savings into cryptocurrency hopes to help other investors by sharing her story. This article is part of WTOP’s monthlong series, “Money Matters,” where we explore tips for saving, budgeting and making your money work for you. Check for new articles all month, right here on WTOP.com. A Virginia woman nearing retirement said she connected with an influencer on TikTok who advised her to try out cryptocurrency trading. He connected her with a “trade coach” who recommended a website for...
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