What are the risks and benefits of including cryptocurrencies in the ultimate buy and hold portfolio?

3 answers

• Dec 15, 2021 · 3 years ago
  Adding cryptocurrencies to a long-term investment portfolio can offer potential benefits such as diversification, potential high returns, and the opportunity to invest in innovative technology. However, it also comes with risks including high volatility, regulatory uncertainty, and the possibility of scams and fraud. It is important to carefully consider these factors before including cryptocurrencies in a buy and hold portfolio.
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• Dec 15, 2021 · 3 years ago
  Including cryptocurrencies in a long-term investment portfolio can be a risky move. While it may offer the potential for high returns, the volatility and lack of regulation in the cryptocurrency market can lead to significant losses. It is important to thoroughly research and understand the risks involved before making any investment decisions.
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• Dec 15, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, believes that including cryptocurrencies in a long-term investment portfolio can provide diversification and the potential for high returns. However, they also emphasize the importance of conducting thorough research and due diligence before investing in any cryptocurrency. It is crucial to understand the risks and potential benefits before making any investment decisions.
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