Satoshi Nakamoto

Before you buy bitcoin, read this

Before you buy bitcoin, read this

Many investors are asking: Should I buy bitcoins or other cryptocurrencies? And if not, why?

Bitcoin, the leading digital money, has risen 700 percent this year to as high as $7,146, and is up 3,500 percent since a low in January 2015. Nearly every day bitcoin and other cryptos are making headlines. Some experts call them the new gold.

But are bitcoin, Ethereum and other digital currencies real investments or a speculator's game? And what about initial coin offerings, a hybrid of initial public offering and crowdfunding that has spawned Etherum and other projects? Even Wall Street is divided, so many experts warn Main Street investors to stay away or proceed with great...