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Cathie Wood \(Kitco News) - Aside from Bitcoin, Ether, and a few other cryptocurrencies with a high trading volume, investing in crypto is �more risky� than buying penny. Penny stocks refer to highly speculative shares priced under $ from small and unknown companies. Yes, penny stocks are worth the risk provided that you're willing to put in the time and actually do some due diligence on the company you're.