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Thursday, November 7, 2024

Billionaire Investor Warns On Cryptocurrency.

Billionaire Elon Musk has advised people to be wary when investing in Crypto-currencies.

The Topline Tesla CEO Elon Musk who stated this through his Twitter handle said even though Cryptocurrency is promising, people should invest with caution.

Musk, who is a long time proponent of digital currencies has invested $1.5 billion in bitcoin through Tesla.

He had said earlier in February that there was a good chance crypto is the future currency on Earth adding that it remains speculative at the moment.

“It would be unwise for people to invest their life savings in Crypto-currencies,” he said.

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