Should Crypto Be a Part of My Plan?

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Should Crypto Be a Part of My Plan?

August 1, 2019 Cryptocurrency Financial Behavior Financial Planner Difference Investing Podcast 0
cryptocurrency in your financial plan
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August 01, 2019 Lucas Casarez CFP®

If you are in tech, you have probably heard of cryptocurrency, but should it be a part of your financial plan?

To shed some light on this I will address the following:

  • The dutch and crazy expensive tulips
  • Invest in what you know
    • How cryptocurrency compares to other popular investments?
  • Understanding the risks
    • How does cryptocurrency compare to gambling?
  • A plan is better than a wish
    • Focus on what you can control
  • My thoughts generally on cryptocurrencies
    • Sticking it to the man
    • There are a lot of them
    • Security features
    • What happens if they do become mainstream

Show Notes
https://www.investopedia.com/news/largest-cryptocurrency-hacks-so-far-year/
https://www.investopedia.com/terms/d/dutch_tulip_bulb_market_bubble.asp
https://deadcoins.com

Related Strategy Guide: Why Cryptocurrency Are Not a Good Fit for My Clients

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