{"id":8713,"date":"2022-02-23T03:01:13","date_gmt":"2022-02-23T03:01:13","guid":{"rendered":"http:\/\/egrowonline.com\/?p=8713"},"modified":"2022-02-23T03:01:13","modified_gmt":"2022-02-23T03:01:13","slug":"super-bowl-ad-grows-interest-in-cryptocurrency-but-how-safe-is-it-cbs-dallas-fort-worth","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=8713","title":{"rendered":"Super Bowl Ad Grows Interest In Cryptocurrency, But How Safe Is It? \u2013 CBS Dallas \/ Fort Worth"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><strong>ADDISON, Texas (CBSDFW.COM) \u2014<\/strong> During the Super Bowl, an ad played out for millions of viewers promoting cryptocurrency with stars like Tom Brady and Matt Damon. Since then, those companies have reported a surge of new investors and interest.<\/p>\n<p>However, many are still confused about the digital currency and how it works.<\/p>\n<p><strong style=\"color: black;float: left;padding-right: 5px\">READ MORE: <\/strong><a target=\"_blank\" style=\"margin-bottom: 25px\" href=\"https:\/\/dfw.cbslocal.com\/2022\/02\/22\/4-arrests-made-in-drive-by-shooting-death-of-17-year-old-dallas-girl\/\" rel=\"noopener\">Police: 4 Arrests Made In Drive-By Shooting Death Of 17-Year-Old Dallas Girl<\/a><\/p>\n<p>\u201cIf you take a look at what they\u2019ve done it\u2019s just computers that have created a very complex mathematical problem to allow people to mine for cryptocurrency,\u201d said Cathy DeWitt-Dunn, CEO of DeWitt &amp; Dunn Financial Services.<\/p>\n<p>DeWitt Dunn recently noticed more investors are asking questions about this cyber currency.<\/p>\n<p>\u201cThere is a lot of interest but I mean people really need to understand what\u2019s all involved behind the scenes because sometimes if it sounds too good to be true, it might,\u201d DeWitt-Dunn added.<\/p>\n<p>She warns there\u2019s risks involved and advises people to keep retirement accounts separate if people do choose to invest in cryptocurrency, as its value can fluctuate rapidly.<\/p>\n<p><strong style=\"color: black;float: left;padding-right: 5px\">READ MORE: <\/strong><a target=\"_blank\" style=\"margin-bottom: 25px\" href=\"https:\/\/dfw.cbslocal.com\/2022\/02\/22\/carroll-high-school-warns-parents-of-similar-devious-licks-online-challenge\/\" rel=\"noopener\">Carroll High School Warns Parents Of Similar &#8216;Devious Licks&#8217; Online Challenge<\/a><\/p>\n<p>\u201cCryptocurrency was running between $27,000 and it went all the way up to $69,000 for a bitcoin and some days it has fluctuations of 12-16% but we\u2019ve also seen many days where it\u2019s come down and consumers confidence is what drives things,\u201d DeWitt-Dunn said.<\/p>\n<p>While investing in anything comes with risks and rewards, some are finding there\u2019s money to be made in Bitcoin mining, too.<\/p>\n<p>And though this virtual currency is not regulated \u2014 that could change soon.<\/p>\n<p>The U.S. Justice Department announced Feb. 17 that they are creating a National Cryptocurrency Enforcement Team to crack down on cyber attacks and scams related to this type of currency.<\/p>\n<p>According to CBS News, 46 million Americans are invested in cryptocurrency.<\/p>\n<p><strong style=\"color: black;float: left;padding-right: 5px\">MORE NEWS: <\/strong><a target=\"_blank\" style=\"margin-bottom: 25px\" href=\"https:\/\/dfw.cbslocal.com\/2022\/02\/22\/big-money-raised-spent-in-democratic-primary-for-30th-congressional-district\/\" rel=\"noopener\">Big Money Raised, Spent In Democratic Primary For 30th Congressional District<\/a><\/p>\n<p>\u201cIf you really have to go out there and you have to go mining for cryptocurrency, make sure you do it with just a little bit of money, not all of your money,\u201d DeWitt-Dunn said.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/dfw.cbslocal.com\/2022\/02\/22\/super-bowl-ad-grows-interest-in-cryptocurrency-but-how-safe-is-it\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ADDISON, Texas (CBSDFW.COM) \u2014 During the Super Bowl, an ad played out for millions of viewers promoting cryptocurrency with stars like Tom Brady and Matt Damon. Since then, those companies have reported a surge of new investors and interest. However, many are still confused about the digital currency and how it works. READ MORE: Police: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[36],"tags":[2657,2719,52,5466,2602,1650,1430,4184,1108,341],"class_list":["post-8713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-bowl","tag-cbs","tag-cryptocurrency","tag-dallas","tag-fort","tag-grows","tag-interest","tag-safe","tag-super","tag-worth"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/02\/gettyimages-865708300.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/8713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8713"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/8713\/revisions"}],"predecessor-version":[{"id":8715,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/8713\/revisions\/8715"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/8714"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8713"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}