Could cryptocurrencies reach their 401 (k)? | Personal finance

Could cryptocurrencies reach their 401 (k)?  |  Personal finance

Even if cryptocurrency doesn’t make its way into your retirement plan anytime soon, you can still invest non-retirement funds in it. But be careful. Be careful with crypto

While there’s no such thing as a risk-free investment, cryptocurrency is a lot riskier than putting money into stocks, which have a proven history of gaining value over time. Bitcoin, by contrast, is only a little more than a decade old, and we don’t know how much staying power it or other digital currencies have.

Source statesville.com In fact, the 5% threshold mentioned earlier might be a good start if you’re going to get into cryptocurrency at all. Easing your way in is a better bet than going all in — and running the risk of losing all of your money in the process.

News Highlights Business

  • Could cryptocurrencies reach their 401 (k)? | Personal finance
  • Check all news and articles from the Business news updates.
Disclaimer: If you need to update/edit this news or article then please visit our help center.
For Latest Updates Follow us on Google News
      Bollyinside - US Local News & Breaking News Stories
      Logo
      Compare items
      • Total (0)
      Compare
      0