Crypto Is Crashing: Should You Invest Now? | Personal Finance

In general, it can be smart to load up on stocks during market downturns. Stocks tend to be more affordable when the market is down, but there’s a good chance prices will rebound once the market recovers.

Cryptocurrency is a little different, however, because it’s still highly speculative.

Stocks have a long history of growth over time. As long as you do your research and choose the right investments, it’s likely your stocks will recover from downturns and earn positive average returns over time.

With crypto, though, there’s no guarantee it will succeed over the long run. Although major cryptocurrencies are developing more utility, most of their growth is still based on their potential real-world uses. In other words, while there’s a chance crypto could explode and change society as we know it, there’s also a chance it could fail. And right now, nobody knows what will happen.

Crypto isn’t necessarily a bad investment. It is risky, though, so be sure you know what you’re getting into before you buy.