
Is Investing in Cryptocurrency a good idea in 2023
In 2022, the fall through of crypto exchange & hedge fund FTX occurred. This hurt firms and investors. So, FTX's bankruptcy brought about a forewarning for those who wrongly estimate the risks of investing in Cryptocurrency (bitcoin-equaliser.com) The confusion about leverage and financial competence coupled with the trading force of FTX, i.e., Alameda Research, resulted in the liquidation followed by the arrest of Sam Bankman-Fried – CEO of FTX. And this sequence of events in the crypto exchange advanced to a loss of billions in the crypto market. The disturbance in FTX and the proceeding "crypto winter" accompanied the decline…