Virtual Currency is also known as Coins, Crypto-Currency & Digital Currency.
Is investing in Virtual Currency risky?
Investing in Virtual Currency does involve more risk than most other mainstream investments.
Is there a secret strategy?
There is no secret strategy. Conduct thorough research and make informed decisions before investing in any new technology.
Is Virtual Currency money?
Virtual Currency is not “money”[except in California, ref Bill AB 129].
A unit of any virtual currency might be considered a stock in that particular Distributed Autonomous Corporation. These DAC’s do not conduct IPO’s in the usual sense. New units of virtual currency are usually ‘mined’ using CPU’s or GPU’s[central processing unit or graphics processing unit].
Only fully informed, accredited investors should include virtual currencies in their portfolio, due to the high risk involved.