From Nasdaq: 2024-04-17 14:24:25

Bitcoin’s price has surged over 130% year over year, reaching an all-time high of $73,835.57 on March 14. Regulatory approval of exchange-traded funds has contributed to this dramatic increase.
Investors are attracted to Bitcoin as an uncorrelated asset for portfolio diversification, according to market strategist Joel Kruger.
Dave Ramsey warns against investing in crypto due to its risky and volatile nature, advising against getting involved with digital currency.
Investing in crypto is compared to the Wild West, with unpredictable swings in value and a lack of data for long-term investing plans.
Crypto’s secretive backstory, susceptibility to cyberattacks, and high risk of theft make it a risky investment option.
Ramsey Solutions recommends putting 15% of income in growth stock mutual funds instead of investing in cryptocurrency, especially if you are debt-free with an emergency fund.

Read more at Nasdaq: Dave Ramsey: Is Crypto Putting Your Money at Risk?