Beware: Crypto, the New Gold of Asset Protection
We need to have that talk. The one about using protection…You know what I mean, right? Protecting your portfolio from sudden bouts of volatility? Which you accomplish by diversifying your portfolio … not just among stocks but to different asset classes that are supposed to zig, when stocks zag? Yeah. That protection. But where in that protection do bits and bytes fit? Today, bitcoin and other cryptocurrencies are entering the conversation as a new asset class for portfolio diversification.
