This Ethereum flash crash shows how cryptocurrency markets are super risky

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This Ethereum flash crash shows how cryptocurrency markets are super risky

This Ethereum flash crash shows how cryptocurrency markets are super risky

The cryptocurrency market for Ethereum plummeted late Wednesday. This wasn't a quick dip, but a flash crash that sent the price from $317 to a low of $0.10 in a matter of seconds.*

Some people saw thousands of dollars in value disappear.*



Image: Twitter


Things are back to **rmal, sort of. The price of ether, the cryptocurrency of the suddenly hot Ethereum platform, has since rebounded and is trading back at about $318.*

The crash, however, remains as a big reminder that This is a volatile, new market. Plenty of people have made small fortunes investing in these markets, but the get-rich-quick stories belie the risks that the average person faces if they want to get in on these new digital currencies. Read more...

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