Shivam BiswasNov 26, 2021 · 3 years ago3 answers What are the risks and benefits of diversifying your investment portfolio with cryptocurrency instead of a 401k or Roth IRA?
What are the potential risks and benefits associated with diversifying your investment portfolio by including cryptocurrencies, such as Bitcoin and Ethereum, as opposed to traditional retirement accounts like a 401k or Roth IRA? How does the volatility and potential for high returns of cryptocurrencies compare to the stability and long-term growth potential of retirement accounts? Are there any specific factors to consider when deciding to invest in cryptocurrencies for diversification purposes?