You've probably heard about bitcoin and other cryptocurrencies recently. Hard not to. The media frequently reports cryptocurrencies' sky-high returns, sharp declines, snazzy technology and regulatory intrigue. Even some celebrities have dabbled in the space, adding to the publicity. Considering the bull market has been running for more than eight years now and sentiment is starting to warm on the whole, investors have a growing appetite for higher-yielding, riskier investments. However, this desire to invest in cryptocurrencies smacks of fad chasing: a common investing error.
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