Even those who have extensive knowledge of the stock market, have concerns about selecting the right cryptocurrency exchange.
After recent surges in value, Aussies are turning their attention to cryptocurrency, according to a new report by comparison site Finder.
One in four Australians are investing in cryptocurrencies like Bitcoin and Ethereum due to FOMO and their increasing values.
A fall of 20% or more is a bear market, with bitcoin technically landing in one just days after it was celebrated for reaching a record high.
Bitcoin has hit a spectacular all-time high, reaching a value of US$41,962.36 ($54,390) last week, more than double the peak of the 2017-18 boom.