Investing in Crypto? 5 Things Everyone Should Know Today


Robert Rodriguez/CNET

This story is part of Power Money Moves, CNET’s coverage of smart money decisions for today’s changing world.

There’s a red-hot tool quickly gaining traction for those looking for a new way to make money. It’s cryptocurrency, and players ready to invest in digital coinage should keep in mind its risky, wildly volatile and controversial nature. To some, bitcoin, stablecoin and NFTs represent a step forward for investors — a kind of “Money 2.0” that’ll democratize finance and power the metaverse. To others, cryptocurrency is simply a new, digital form of an old con primed to swindle and scam. Still others consider the whole endeavor an empty bubble, destined to burst. 

In simple terms, cryptocurrency is a digital…

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