To Crypto, or Not to Crypto?
Thursday, 06 May 2021
Cryptocurrency is a term used to describe a variety of digital currencies, with the two best known and largest being Bitcoin and Ethereum. Cryptocurrencies have a market capitalization of over $2 trillion as of mid-April 2021, but they are still a very small part of the investment universe when compared to the global stock market at $95 trillion. As a relatively new investment option, it’s important to consider the potential merits of crypto -- as well as potential disadvantages.
In this episode, Jay Pluimer discusses how Flourish Wealth Management views crypto as a potential investment for client portfolios, while analyzing crypto as an investment option compared to traditional investments like stocks, bonds, real estate, or commodities.