Find out if Bitcoin or Stocks are right for you. - PowerPoint PPT Presentation
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Find out if Bitcoin or Stocks are right for you.
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If you're looking for a bit more diversity in your portfolio, Bitcoin may be a good choice. Bitcoin and other cryptocurrencies provide alternatives to more common assets. – PowerPoint PPT presentation
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Title: Find out if Bitcoin or Stocks are right for you.
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Find out which one is best for you.
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Who Is a Good Fit for Stocks?
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Who Is a Good Fit for Bitcoin?
If you're looking for a bit more diversity in
your portfolio, Bitcoin may be a good choice.
Bitcoin and other cryptocurrencies provide
alternatives to more common assets. Bitcoin is
useful if you want to hold assets that aren't
denominated in dollars or other currencies. "It's
a way to keep some assets away from the
dollar." Stein and Chisholm said that even if
Bitcoin is a good fit for your portfolio, you
probably shouldn't make it the main focus of your
investment plan. It mostly depends on how much
risk you can tolerate and if you're comfortable
losing that amount. "If you like the math behind
(Bitcoin), then imagine that it could go to 0 or
up twentyfold," Chisholm said. What percentage of
your portfolio are you willing to lose? You
should limit it to 1 to 5 of your portfolio,
depending on your risk tolerance."
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