The price of bitcoin started strong last month but couldn’t hold it. After hitting a two-month high, the btc price fell to end the month back towards lows. I’ve been investing in bitcoin and ethereum for a little over a year now and every investor needs some cryptocurrency in their portfolio. This is the next asset class.
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That doesn’t mean it’s going to make you rich overnight though and you need to be ready for these kinds of ups and downs. You can see exactly that in this day-to-day snapshot in my bitcoin account.
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
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