Cryptocurrency – at least bitcoin – has staying power. "Because there's a fixed number of bitcoin, it's inflation-proof and it's virtually instantaneous," said conference speaker Ric Edelman, founder of Edelman Financial Engines.third quarter of 2019
Self-directed brokerage accounts are sometimes offered within retirement plans and allow investors to select individual stocks, bonds and other assets that aren't on a 401 plan's general investment menu.The price of bitcoin surged to its zenith on Dec. 15, 2017, when one unit of the virtual currency was valued at $19,650. The price cratered a year later, slumping to $3,183 on Dec. 14, 2018.
"We need to acknowledge that 1% allocation isn't going to materially harm a client," he said. "It isn't going to prevent them from achieving their financial goals, and won't damage their personal finances."Making a tiny allocation toward bitcoin doesn't absolve investors of the need to do their homework before buying, say experts. They should get schooled on digital assets, as well as the underlying blockchain technology, first.
Pump and dump pyramid scam.
Don't you guys keep retweeting an article that Bitcoin is a fake and fraudulent? So...the right answer here is zero, none, 0, etc. I mean WTF? Mixed messages here...
$9,300 😆