Reported about 11 hours ago
The cryptocurrency landscape has evolved significantly, with Bitcoin now exceeding $100,000, marking a stark contrast to its value during the 2022 market downturn. Increased regulatory acceptance and institutional investment indicate that cryptocurrencies may be a viable asset class moving forward. While financial advisors suggest including a small allocation of digital assets for diversification, they emphasize the importance of risk tolerance and knowledge before investing in such a volatile market. For novices, investing in SEC-regulated Bitcoin ETFs is recommended over purchasing Bitcoin directly due to potential complexities and scams.
Source: YAHOO