Crypto: Should I,or Should`nt I?

For people who aren’t experts in finance, here is a simplified explanation of the rise of cryptocurrency. 

What is cryptocurrency?

Think of cryptocurrency, or “crypto,” as digital money. Unlike regular money printed by a government, crypto is not controlled by any single bank or authority. Instead, it’s managed by a network of computers around the world. The best-known example is Bitcoin. 

What is behind its rise?

• Trust issues with banks: After the 2008 financial crisis, some people lost faith in traditional banks and governments. They liked the idea of a currency not controlled by a central bank.
• Simple economics: Like anything else, a crypto’s value is based on supply and demand. There is a limited supply of Bitcoin, for example, so when more people want to buy it, the price goes up.
• The “Fear of Missing Out” (FOMO): When people see the price of crypto going up, they get excited and don’t want to miss out on the potential for big profits. This causes more people to buy, pushing the price even higher.
• Easier to buy: In the past, buying crypto was complicated. Now, with the launch of new investment products called “ETFs,” regular investors can buy crypto more easily through their standard investment accounts, just like they would buy stocks.
• High-tech improvements: New cryptocurrencies are constantly being created with new features, and the technology behind them, called “blockchain,” is always improving.
• News and trends: The market is very sensitive to news. An announcement from a large company or a political leader can cause prices to jump or fall quickly. 

Is it too late to get in?

This is a big question with no easy answer. 

• The case for jumping in: Some experts believe we are still early in the process and that a major “boom” is still to come.
• The case for staying out: The market is very unpredictable, and some financial advisors are skeptical, warning that the huge recent price increases may have been driven by excitement rather than real value. 

What are the risks?

The world of crypto is like the Wild West—it’s largely unregulated, and there are many dangers. 

• Huge price swings: The value of crypto can go up and down dramatically and without warning. Be prepared to lose all the money you invest.
• Lack of protection: Unlike banks, crypto exchanges don’t offer the same protections for your money. If a company goes out of business or gets hacked, you might lose everything.
• Scams: The crypto world is filled with scams. Be very cautious of anything that promises to make you rich quickly. 

The cryptocurrency market is currently experiencing a significant period of growth and positive sentiment, with a global market capitalization of $4.17 trillion as of today. This follows a strong performance by major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), and is supported by several factors. 

Today’s Market Highlights: Sep 26

• Bitcoin (BTC) is trading at $119,122, up 0.42% today. Bitcoin reached a two-month high near $120,000, its highest price since mid-August. Some analysts are watching to see if it can surpass its all-time high of over $124,000 reached on August 14, 2025.
• Ethereum (ETH) is trading at $4,394.75, up 1.03% today. Ethereum’s rebound has outperformed the market.
• Solana (SOL) is trading at $224.8894, up 1.20% today.
• Ripple (XRP) is trading at $2.97123, up 0.76% today.