What is a yo-yo market?

"Yo-yo" is a slang term for a very volatile market. The name comes from the movements of a yo-yo toy; in a yo-yo market, security prices continually go up and down. A yo-yo market has no distinguishing features of either an up or down market—rather, it exhibits characteristics of both.

What is crypto & how does it work?

Crypto are digital assets —they have no tangible form. Cryptocurrencies exist and operate on a public ledger called a blockchain, which records all crypto transactions. Blockchain encryption is designed to make all transactions immutable and secure from tampering, counterfeit, and other forms of fraudulent transactions.

Where can I buy cryptocurrencies?

Cryptocurrencies can be purchased through crypto exchanges, such as Coinbase. They offer the ability to trade some of the most popular cryptocurrencies, including Bitcoin, Ethereum and Dogecoin. Still, they may also have limitations. You’ll have to check to see if your exchange supports the right crypto pairing you need to make a purchase.

Is crypto a good investment?

Cryptocurrency was developed as an alternative to the dollar, and its functions can make it an attractive investment. Blockchain, the underlying technology that powers crypto, is seen as a tech disruptor. Much like dot-com investing in the 1990s, crypto may hold promise, but there will likely be winners and losers.