Experts debate adding cryptocurrency to 401(k) with caution due to price volatility.
From Nasdaq
January 28, 2025 10:01 AM:
Cryptocurrency values fluctuate, making it challenging to determine if they are a good investment. Experts advise caution, as crypto lacks a solid foundation for its price. While some suggest allocating up to 5% of a 401(k) to crypto, others recommend no more than 1%. Younger investors may benefit from the high-risk, high-reward nature of crypto. It’s advised to consult a financial advisor before investing.
Read more at Nasdaq: Should Crypto Be In Your 401(k)? Experts Weigh In
