{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=&target_lang=IT&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=Ireland%27s+central+bank+director%3A+Bitcoin+is+too+speculative&text=According+to+the+director+of+Ireland%27s+central+bank%2C+Bitcoin+is+too+be+treated+with+caution+as+a+volatile%2C+speculative+asset.&text=Derville+Rowland%2C+Ireland%27s+central+bank+director%2C+has+warned+investors+that+%3Ca+title%3D%22Is+Bitcoin+Evolution+Legit%3F%22+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fbitcoin-evolution-review%2F%22+data-replaced%3D%22true%22%3EBitcoin%3C%2Fa%3E+and+%3Ca+title%3D%22Is+Crypto+Trader+Legit%3F%22+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fcrypto-trader-review%2F%22+data-replaced%3D%22true%22%3Ecryptocurrency%3C%2Fa%3E+investment+runs+the+risk+of+major+loss+of+funds.+According+to+the+director%2C+Bitcoin+is+a+speculative+asset+and+should+be+treated+with+care.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0AThis+comes+after+Bitcoin+saw+one+of+its+biggest+sell-offs+in+history.+According+to+a+%3Ca+href%3D%22https%3A%2F%2Fwww.bloomberg.com%2Fnews%2Farticles%2F2021-05-31%2Fcrypto-assets-a-great-concern-says-central-bank-enforcer%3Fsref%3DrChPnUxs%22%3EBloomberg+report%2C%3C%2Fa%3E+Rowland+stated%3A+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0A%E2%80%9C%3Cem%3ECrypto+assets+are+quite+a+speculative%2C+unregulated+investment.+%5BPeople+should+be%5D+really+aware+they+could+lose+the+whole+of+that+investment.%22%C2%A0+%3Cstrong%3EBold%3C%2Fstrong%3E%3C%2Fem%3E%0A%0AShe+also+noted+that+the+rising+popularity+of+digital+currencies+and+cryptocurrency+is+concerning+given+the+immense+volatility+and+the+lack+of+regulation+in+the+space.+Rowland+believes+that+the+investment+sector+currently+has+a+long+way+to+go%2C+but+that+diversifying+portfolios+with+assets+like+cryptocurrency+is+not+the+way+she+would+advise.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0A%3Cem%3E%E2%80%9CThe+investment+management+sector+is+not+diverse%2C+and+needs+to+work+considerably+harder+on+this+topic.+It%E2%80%99s+something+that+we+have+brought+to+the+attention+of+boards%2C+and+it%E2%80%99s+something+that+is+dear+to+my+heart.%E2%80%9D%3C%2Fem%3E%0A%3Ch2+class%3D%22bottom-left-rail-touts-spacer%22%3EDespite+recent+sell-off%2C+Bitcoin+still+boasts+a+remarkable+ROI%3C%2Fh2%3E%0AWhile+Bitcoin+might+have+seen+a+massive+dip+as+the+market+saw+a+major+sell-off+in+the+last+month%2C+the+cryptocurrency+is+still+looking+at+an+impressive+increase+as+an+asset.+Over+the+past+year%2C+Bitcoin%27s+price+has+risen+from+its+lowest+trading+value+of+%248%2C975.53+USD.+While+it%27s+not+at+its+highest-ever+value+of+%2464%2C863.10+USD+-+a+price+tag+it+saw+last+month+-+it%27s+still+looking+at+a+whopping+306%25+increase+over+the+year.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0ABitcoin+being+called+a+speculative+asset+is+not+new+in+the+market+and+the+token+has+received+criticism+and+claims+for+its+volatility.+Whether+it%27s+going+to+continue+rising%2C+dropping+drastically+or+trading+sideways+remains+to+be+seen+still.+What+does+seem+to+stand%2C+however%2C+is+that+it%27s+seeing+increased+adoption+as+an+investment+asset+or+a+means+of+exchange.+More+and+more+institutions+are+jumping+on+board+using+Bitcoin+or+adding+crypto+to+their+balance+sheets.+Until+Bitcoin+picks+a+direction+in+short-term+trading%2C+the+advice+-+as+always+-+is+to+do+research+into+the+market+%28especially+if+you+are+investing+in+alternative+cryptocurrency+tokens%29+and+to+invest+whatever+you+might+be+prepared+to+lose.","timeout":15}