在权衡利弊后你应该投资加密货币吗？

随着比特币最近攀升至 10 万美元以上，许多投资者（无论是新的还是经验丰富的）都在想，现在是不是时候了？

As Bitcoin continues to soar, reaching over $100,000, many investors are considering joining the crypto bandwagon. However, it's crucial to proceed with caution as cryptocurrencies are highly volatile and not backed by tangible assets like cash flow. This means that investors can incur significant losses if they are not vigilant. It is essential to thoroughly analyze the potential risks and rewards before making any investment decisions.

随着比特币继续飙升，达到 10 万美元以上，许多投资者正在考虑加入加密货币行列。然而，谨慎行事至关重要，因为加密货币波动性很大，并且没有现金流等有形资产支持。这意味着，如果投资者不保持警惕，可能会遭受重大损失。在做出任何投资决策之前，必须彻底分析潜在的风险和回报。

Here are some of the pros and cons of investing in crypto to help you decide if it's right for you:

以下是投资加密货币的一些优点和缺点，可帮助您决定它是否适合您：

Pros of investing in crypto

投资加密货币的优点

Potential for life-changing gains: Cryptocurrencies, especially Bitcoin, are known for their rapid price movements, which have made some early investors unfathomably wealthy.

改变生活的潜力：加密货币，尤其是比特币，以其快速的价格变动而闻名，这让一些早期投资者变得异常富有。

For instance, if you take a quick glance at Bitcoin's price history, you'll notice that the token was trading at $0.00099 per bitcoin in late 2009, when $1 was equivalent to 1,309.03 bitcoins. If you had invested $1,000 in Bitcoin at the time, your investment would have been valued at approximately $103 billion recently.

例如，如果您快速浏览一下比特币的价格历史记录，您会注意到该代币在 2009 年底的交易价格为每比特币 0.00099 美元，当时 1 美元相当于 1,309.03 比特币。如果您当时投资了 1,000 美元比特币，那么最近您的投资价值约为 1,030 亿美元。

Crypto is trendy: Cryptocurrencies have long been touted as an exciting and tech-forward investment. If you're seeking some drama and want to be on the front lines of an asset that garners a ton of attention and has the potential for huge price appreciation, then consider crypto.

加密货币很流行：长期以来，加密货币一直被认为是一种令人兴奋的技术前沿投资。如果你正在寻找一些戏剧性的东西，并希望成为一种吸引了大量关注并具有巨大价格升值潜力的资产的前沿，那么请考虑加密货币。

Since its inception, crypto was designed to be a digital asset that didn't require a middle man or financial institution to manage and track transactions, making it super popular among folks who believe that financial transactions shouldn’t rely on a middle man.

自诞生以来，加密货币就被设计为一种不需要中间人或金融机构来管理和跟踪交易的数字资产，这使得它在那些认为金融交易不应该依赖中间人的人们中非常受欢迎。

More recently, President-elect Donald Trump’s victory and his support of the crypto market have boosted prices. Bitcoin is up 126% year to date, and it hit a new all-time high of $102,000 in December.

最近，当选总统唐纳德·特朗普的胜利及其对加密货币市场的支持提振了价格。比特币今年迄今已上涨 126%，并在 12 月创下 102,000 美元的历史新高。

U.S. regulators have also been relaxing requirements for specific ETF models. In January 2024, the Securities and Exchange Commission approved several Bitcoin ETFs, boosting crypto’s popularity among everyday investors and making it easier to invest in the digital asset. In July, Ethereum ETFs were also introduced.

美国监管机构也放宽了对特定 ETF 模型的要求。 2024 年 1 月，美国证券交易委员会批准了几只比特币 ETF，提高了加密货币在日常投资者中的受欢迎程度，并使投资数字资产变得更加容易。 7 月，还推出了以太坊 ETF。

Crypto is a non-correlated asset: Cryptocurrencies are non-correlated assets, meaning their prices don't directly follow the ups and downs of other investment vehicles. Stock prices, on the other hand, tend to fluctuate based on what's going on in the broader economy, and they also react to company news, quarterly earnings, and even other stocks' price movements.

加密货币是一种不相关的资产：加密货币是不相关的资产，这意味着它们的价格不直接跟随其他投资工具的涨跌。另一方面，股票价格往往会根据更广泛的经济形势而波动，并且还会对公司新闻、季度收益甚至其他股票的价格变动做出反应。

That’s not to say crypto isn’t sometimes affected by broader economic conditions, too. Investors’ appetite for riskier investments like crypto, for example, waned in 2022 when the Federal Reserve was hiking interest rates to combat inflation. Investors instead turned toward investments perceived as being safer, like gold, value stocks and TIPs (Treasury Inflation-Protected Securities).

这并不是说加密货币有时也不会受到更广泛的经济状况的影响。例如，当美联储提高利率以应对通货膨胀时，投资者对加密货币等风险较高的投资的兴趣在 2022 年减弱。投资者转而转向被认为更安全的投资，如黄金、价值股票和 TIP（国库通胀保值证券）。

While crypto’s non-correlated nature can be a drawback when stocks are rallying, it can provide some diversification in your overall portfolio.

虽然当股票上涨时，加密货币的非相关性可能是一个缺点，但它可以为您的整体投资组合提供一定程度的多样化。

Crypto operates in an evolving sector of technology: Cryptocurrencies operate on the blockchain, which essentially records the flow of information (including transactions) and, by design, aims to be transparent (provided you can access the blockchain database holding that data).

加密货币在不断发展的技术领域中运行：加密货币在区块链上运行，区块链本质上记录信息流（包括交易），并且从设计上讲，其目标是透明的（前提是您可以访问保存该数据的区块链数据库）。

This type of decentralized finance ensures information is stored securely, while also maintaining a ledger that prohibits changes after a transaction is entered, creating a clear audit trail. Many crypto supporters believe that this digital-ledger type of technology is the future of finance.

这种类型的去中心化金融确保信息安全存储，同时还维护一个分类账，禁止在输入交易后进行更改，从而创建清晰的审计跟踪。许多加密货币支持者认为，这种数字账本类型的技术是金融的未来。

Cons of investing in crypto

投资加密货币的缺点

Elevated risk of total losses: Sometimes it can be hard to wrap your head around just what exactly makes crypto prices move up and down. At the end of the day, it’s important to know that crypto prices are only based on what others are willing to pay for the token. That means crypto isn’t backed by hard assets like cash flow or underlying business performance.

总体损失的风险增加：有时可能很难弄清楚到底是什么导致了加密货币价格的上下波动。归根结底，重要的是要知道加密货币价格仅基于其他人愿意为代币支付的价格。这意味着加密货币没有现金流或基础业务绩效等硬资产的支持。

Prices are only based on hype and lots of price fluctuations stem from discussions on social media platforms like X, Reddit and Discord.

价格仅基于炒作，大量价格波动源于 X、Reddit 和 Discord 等社交媒体平台上的讨论。

While some investors have been able to ride the highs that are created by the hype on these platforms, many investors have also lost money — and a lot of it. Depending on what type of coin you invest in, you could lose everything.

虽然一些投资者能够利用这些平台上的炒作创造的高点，但许多投资者也损失了钱，而且损失惨重。根据您投资的硬币类型，您可能会失去一切。

Crypto scams: Another con are cryptocurrency scams. These scams can take many forms, and knowing what they are can help keep your money and identity safe. Here are a few:

加密货币诈骗：另一个骗局是加密货币诈骗。这些骗局可以采取多种形式，了解它们是什么可以帮助确保您的资金和身份安全。以下是一些：

Ponzi schemes: In this scenario, you’re rewarded for getting more people to invest in a specific cryptocurrency. Any money brought into the scheme is then used as payouts for people who are higher in the scheme pyramid.

庞氏骗局：在这种情况下，您会因吸引更多人投资特定加密货币而获得奖励。进入该计划的任何资金都将用于支付计划金字塔中较高级别的人。

Rug pulls: This scam is when the founders of a cryptocurrency disappear one day and take all their tokens (attached

地毯拉动：这种骗局是指加密货币的创始人有一天消失并拿走他们所有的代币（附后）