All our instructors are asked to explain why the students should take this lesson

Bitcoin has gained a lot of attention in the mainstream recently due to its spectacular returns especially in 2020.

A lot of investors rush into investing in Bitcoin and other cryptocurrencies without really understanding how they function and what is their foundation, purely just to chase returns and speculate.

However, there are a lot of risks involved – cryptocurrencies are very volatile (among the highest risk compared to other assets in financial markets).

Just as Warren Buffet says: "Risk comes from not knowing what you're doing".

Many people invest in cryptocurrencies blindly hoping to make quick money and then lose money and get scared, while some think cryptocurrencies are purely a scam designed to cheat the money of retail investors.

In any form of investment, it is always good to understand the type of asset that you are investing in – the underlying fundamentals, the potential returns as well as the risks involved, and to form a strategy that is most suitable for you depending on your own risk profile and preference.