Experts warn Vietnamese investors of bitcoin bubbleInvestors of bitcoin in particular and cryptocurrencies in general should be aware of the possible risks involved in addition to rapidly increasing profits, experts have warned. “Surging profits from investing in bitcoin has attracted speculators, but creates possible risks,” Hung said, adding that the number of people wanting to invest in bitcoin is increasing continuously. Dominik Weil from Bitcoin.vn said the Bitcoin Vietnam Company was established four years ago and purchases bitcoin in the domestic market. He also suggested having State management on activities to prevent possible risks, because if the bitcoin bubble bursts, it could adversely affect the economy. Bitcoin and cryptocurrencies have been a hot topic among investors this year.

Source: VietNamNet News December 22, 2017 04:07 UTC