No, you shouldn’t mortgage your house to buy Bitcoin | Engadget Today04:33

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Published on January 22, 2018

That should go without saying.

Bitcoin is sitting at $16,674 at the time of writing, after rocketing from $1,000 to more than $19,000 in the course of this year. Those types of eye-catching numbers (and the resulting media hype) are bound to draw the interest of casual folk. But, unless you’ve got money to burn (like Bitcoin billionaires, and Zuck’s Harvard-era nemeses, the Winklevoss twins), most analysts will tell you the same thing: steer clear of the hyper-volatile currency. (Even those dabbling in it have lost tons of cash to cyberattacks on Bitcoin wallets).

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