The founder of Ethereum warns that cryptocurrencies could 'drop to near zero at any time'

Vitalik Buterin, founder of Ethereum. Vitalik Buterin / Twitter

The 24-year-old founder of Ethereum warned that cryptocurrencies could plunge at any time.
He added that no one should invest more than he can afford to lose.
Ethereum is the second most valuable cryptocurrency in the world.
The founder of Ethereum, the second most valuable cryptocurrency in the world, warned that cryptocurrencies "could drop to near zero at any time."

Vitalik Buterin, a 24-year-old Russian-Canadian programmer and writer, also suggested to those interested to invest: "Do not put more money than you can afford to lose."

The warning came via a tweet on Buterin's account on Saturday.

The full message states: "Reminder: cryptocurrencies are still a new and hyper-volatile asset class, and could drop to near zero at any time, do not put more money than you can afford to lose To know where to store your savings, traditional assets are always your safest bet.