The pros and cons of investing in crypto

Cryptocurrency, or crypto, has been making headlines for years. Now, it has even entered the 2024 presidential election.

Surprisingly, "almost half of all corporate money contributed to this year's federal election campaigns — yes, nearly half — has come from crypto backers, according to a recent report from the consumer advocacy group Public Citizen," said Bankrate.

But beyond being part of a buzzy industry with apparently deep pockets, is crypto actually a good investment? Here is what to know about its potential risks and rewards.

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