Cryptocurrencies aren’t great investments for conservative investors, since they’re usually volatile, difficult to understand, and tough to properly value. Higher interest rates also tend to curb the market’s appetite for cryptocurrencies and other risky investments. Therefore, it’s not a great idea to park your life savings in the crypto market.
But if you have some cash you can afford to lose, it still might be smart to nibble on a few promising cryptocurrencies. One of the best tokens to buy right now is Ether (CRYPTO: ETH), which could turn a modest $500 investment into a few thousand dollars within the next few years.
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