Cryptocurrencies have long since existed but only recently been in the limelight causing a lot of confusion and mixed success for investors. Within this paper I discuss why currently Bitcoin and in general cryptocurrencies are not very attractive to the Independent Investor. I compare Bitcoin to a multitude of other assets including the stock market and determine that although Bitcoin shows great upward potential Bitcoin’s downward potential is sadly staggering. I go over potential key regulations and provide a summary on the technology behind Cryptocurrencies. I predict that Cryptocurrencies will be here to stay however given the current economic outlook Cryptocurrencies are becoming a very risky investment.