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Cryptos Still Not Seen as an Asset

Aaron Levitt Aug 02, 2018

One of the hottest trends in investing continues to be Bitcoin and other digital currencies.

Interest in various cryptocurrencies has surged over the last few years as their potential – as well as blockchain’s – has become known. Bitcoin’s mega-sized gains haven’t hurt either. To that end, many investors have been seriously looking at digital currencies as an asset class for their retirement portfolios.

However, despite the potential promise, many financial planners aren’t so sure.

And these planners could be right. There’s a lot to like about Bitcoin and its rivals. However, there are plenty of dangers as well. The truth is, cryptocurrencies may not be considered an asset class just yet.

Click here to learn whether Bitcoin can zap stock market enthusiasm.

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