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Washington Post

I don’t care how high the price for bitcoin gets, it’s still too risky for the average investor

By Michelle Singletary

Despite efforts to mainstream bitcoin, heed these words of caution from investment experts:

“We view cryptocurrency investing as highly speculative,” said Adam Grealish, director of investing at online financial adviser Betterment. “An investor should be willing to lose 50 percent or more of the value of their investment in cryptocurrency. In the past, we have likened it to angel investing. There is some small chance your investment will pan out and you will have gotten in early on a great opportunity, but there is a real chance that the investment goes to zero.”

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This article originally published June 27th, 2019 on Washington Post