在權衡利弊後你應該投資加密貨幣嗎？

隨著比特幣最近攀升至 10 萬美元以上，許多投資者（無論是新的還是經驗豐富的）都在想，現在是不是時候了？

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.

隨著比特幣繼續飆升，達到 10 萬美元以上，許多投資者正在考慮加入加密貨幣行列。然而，謹慎行事至關重要，因為加密貨幣波動性很大，並且沒有現金流等有形資產支持。這意味著，如果投資者不保持警惕，可能會遭受重大損失。在做出任何投資決策之前，必須徹底分析潛在的風險和回報。

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

以下是投資加密貨幣的一些優點和缺點，可幫助您決定它是否適合您：

Pros of investing in crypto

投資加密貨幣的優點

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

改變生活的潛力：加密貨幣，尤其是比特幣，以其快速的價格變動而聞名，這讓一些早期投資者變得異常富有。

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，如果您快速瀏覽比特幣的價格歷史記錄，您會注意到該代幣在 2009 年底的交易價格為每比特幣 0.00099 美元，當時 1 美元相當於 1,309.03 比特幣。如果您當時投資了 1,000 美元比特幣，那麼最近您的投資價值約為 1,030 億美元。

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.

加密貨幣很流行：長期以來，加密貨幣一直被認為是一種令人興奮的技術前沿投資。如果你正在尋找一些戲劇性的東西，並希望成為吸引了大量關注並具有巨大價格升值潛力的資產的前沿，那麼請考慮加密貨幣。

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.

自誕生以來，加密貨幣就被設計為一種不需要中間人或金融機構來管理和追蹤交易的數位資產，這使得它在那些認為金融交易不應該依賴中間人的人中非常受歡迎。

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，當選總統唐納德·川普的勝利及其對加密貨幣市場的支持提振了價格。比特幣今年迄今已上漲 126%，並在 12 月創下 102,000 美元的歷史新高。

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.

美國監管機構也放寬了對特定 ETF 模型的要求。 2024 年 1 月，美國證券交易委員會批准了幾隻比特幣 ETF，提高了加密貨幣在日常投資者中的受歡迎程度，並使投資數位資產變得更加容易。 7 月，也推出了以太坊 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.

加密貨幣是一種不相關的資產：加密貨幣是不相關的資產，這意味著它們的價格不會直接跟隨其他投資工具的漲跌。另一方面，股票價格往往會根據更廣泛的經濟狀況而波動，並且也會對公司新聞、季度收益甚至其他股票的價格變動做出反應。

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).

這並不是說加密貨幣有時也不會受到更廣泛的經濟狀況的影響。例如，當聯準會提高利率以應對通貨膨脹時，投資者對加密貨幣等風險較高的投資的興趣在 2022 年減弱。相反，投資者轉向了被認為更安全的投資，如黃金、價值股票和 TIP（國庫通膨保值證券）。

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

雖然當股票上漲時，加密貨幣的非相關性可能是一個缺點，但它可以為您的整體投資組合提供一定程度的多樣化。

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).

加密貨幣在不斷發展的技術領域中運行：加密貨幣在區塊鏈上運行，區塊鏈本質上記錄資訊流（包括交易），並且從設計上講，其目標是透明的（前提是您可以訪問保存該數據的區塊鏈資料庫）。

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.

這種類型的去中心化金融確保資訊安全存儲，同時還維護一個分類賬，禁止在輸入交易後進行更改，從而創建清晰的審計追蹤。許多加密貨幣支持者認為，這種數位帳本類型的技術是金融的未來。

Cons of investing in crypto

投資加密貨幣的缺點

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.

整體損失的風險增加：有時很難弄清楚到底是什麼導致了加密貨幣價格的上下波動。歸根結底，重要的是要知道加密貨幣價格僅基於其他人願意為代幣支付的價格。這意味著加密貨幣沒有現金流或基礎業務績效等硬資產的支持。

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

價格僅基於炒作，大量價格波動源自於 X、Reddit 和 Discord 等社群媒體平台上的討論。

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.

雖然一些投資者能夠利用這些平台上的炒作創造的高點，但許多投資者也損失了錢，而且損失慘重。根據您投資的硬幣類型，您可能會失去一切。

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:

加密貨幣詐騙：另一個騙局是加密貨幣詐騙。這些騙局可以採取多種形式，了解它們是什麼可以幫助確保您的資金和身分安全。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.

龐氏騙局：在這種情況下，您會因吸引更多人投資特定加密貨幣而獲得獎勵。進入該計劃的任何資金都將用於支付計劃金字塔中較高級別的人。

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

地毯拉動：這種騙局是指加密貨幣的創始人有一天消失並拿走他們所有的代幣（附後）