02 Dec Now that bitcoin prices are ugly, decide if it’s worth an investment
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There is no denying that the recent Bitwise survey showing that more than 80 percent of financial advisers had received questions from clients about crypto is one of many polls showing that average folks want to figure crypto out and profit from it.
Your Funds
No one has asked me about bitcoin recently, which means it may finally be a good time to discuss it.
The wrong time for average investors to talk about bitcoin specifically and cryptocurrencies in general would be when the market for them is frothy and frenetic, which has been much of the last few years.
In all of the foaming coming from bitcoin/crypto enthusiasts during a recent price decline, one thing that was lost was how a leading light in the financial-planning world recently came out suggesting that “every financial adviser” needs to educate themselves about cryptocurrencies and “most should be considering an allocation for clients.”
That statement was made in early…
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