Unless you’ve been living under a rock, the hottest trend in investing happens to be bitcoin and digital currencies.
Powered by blockchain technology, these digital currencies have plenty of promise and potential game-changing abilities. To that end, many investors have considered adding them to their accounts – including making a big bet on their retirement accounts.
But that might be the wrong idea.
While holding some bitcoin could prove to be a worthwhile and profitable investment, betting too big – on any asset class for that matter – could put your portfolio at risk. This is especially true for a volatile asset like digital currency. For investors, not giving into mania is key.
Find out more about bitcoin and dividends here.