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Alternative Investment: What Are the Risks of Investing in Bitcoin? More on: Image source: Getty Images Bitcoin has suddenly come under the limelight. Some are criticizing it for the lack of regulation and the unprecedented growth. Warren Buffett even went ahead and called it a gambling device. But is Bitcoin a gamble or a form of investment? For this, you need to understand the nature of alternative investments. It is not every day you hear about alternative investments because it is not a conventional investment, like a stock or a bond. But it has its pros and cons, and...

Article content Not that long ago, cryptocurrencies were a curiosity, viewed with enthusiasm among a small group of early investors — and with a heavy dose of skepticism from the broader institutional investor community. All that has changed. In recent months, the coin that was largely traded among tech junkies has been embraced by big-name companies, financial institutions, and even auction house Sotheby’s, which held the first auction ever on Wednesday to accept cryptocurrency as payment for a physical piece of art, receiving US$12.9 million in 14 minutes of bidding for street art...

Image source: Getty Images There are a lot of cryptocurrency stocks to buy now on the market. While at first it was mainly just Bitcoin, today you have a host of options. Yet this has caused many to wonder whether now is the time to get out, especially as cryptocurrencies such as Ethereum reached all-time highs. Ethereum recently passed the $5,000 mark and has since come down only slightly. But it has Canadian investors worried. Just like any new industry, it appears that these cryptocurrency stocks could be in a bubble. Yet that merely means you have to invest wisely. The...

In a surprise development, Tesla CEO Elon Musk announced that the company was no longer accepting Bitcoin payments. The reason is that Bitcoin mining and transactions are not currently environmentally friendly. This news triggered the Bitcoin price to fall to below US$50,000. However, Musk noted that Tesla would be keeping the Bitcoin that’s on its balance sheet and suggested that Tesla intends to use Bitcoin for transactions as soon as mining transitions to more sustainable energy. He also said that Tesla could accept other cryptocurrencies as payment if they’re much less energy intensi...

Looking for the adrenaline rush of investing in Bitcoin but without the bother of crypto-exchanges and digital wallets? An exchange-traded fund might do the trick, except an investor won’t find one tracking Bitcoin anywhere in the $6.2 trillion U.S. ETF universe -- at least not yet. While exchange-traded crypto-tracking products exist in Europe and a Bitcoin ETF opened in February in Canada, U.S. regulators have repeatedly batted down attempts to introduce them, citing concerns about potential m