Bitcoin: The Hunt for the Next Bitcoin: Why Investors Should Stay Away From Cheap Cryptocurrency Namesakes

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Concept of Sidhartha Shukla and Muhabit ul Haq

Synopsis

Over the past few years, the crypto-asset space has grown and today over 13,000 Altcoins collectively have a market capitalization of $ 1.4 trillion. It is difficult to navigate in such a crowded space. What further blurs the waters for the crypto market is the presence of popular token namesakes.

Sahil Mehta (name changed), a 29-year-old digital marketer, started his investment journey last year. From stocks and mutual funds to small portfolios and gold, Mehta has invested in several assets. Then, earlier this year, he focused on a new, more exotic asset class: cryptocurrencies. Having seen his friends making substantial profits on their Bitcoin (BTC) investments, Mehta didn’t want to miss the bus and was

THROUGH

Nov 1, 2021, 12:01 AM ITEM ISTGIFT POLICE SIZE

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Sources

1/ https://Google.com/

2/ https://economictimes.indiatimes.com/prime/money-and-markets/the-hunt-for-next-bitcoin-why-investors-should-stay-away-from-cheap-namesakes-of-cryptocurrencies/primearticleshow/87437712.cms

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