Many retirees and near-retirees are curious about investing in crypto. Philip Martin, chief security officer for Coinbase Global, suggests considering digital assets in a diversified portfolio. Major financial firms like BlackRock and Bank of America are launching crypto ETFs, signaling crypto’s importance. Crypto’s real-world use cases and potential to reshape finance are also highlighted.

Investing in crypto carries risks, including market volatility. Bitcoin dropped 18% in November but has since recovered. Long-term investment outlook and risk tolerance are essential. Understanding the language and risks of crypto is crucial for investors. Online security and choosing a regulated platform are key factors to consider.

Financial experts advise allocating 3-5% of a portfolio to crypto. Martin recommends limiting downside risk, using dollar-cost averaging, and aligning crypto with non-essential expenses. ETFs provide easy exposure for beginners, but education is crucial. Future developments include more ETFs, increased tokenization, and improved regulations for consumer confidence.

Investors should be cautious of market risk, behavioral risk, and online security when considering crypto investments. Understanding the long-term outlook, language, and risks associated with crypto is crucial. Moving forward, developments in ETFs, tokenization, and regulations are key areas to watch in the crypto space for retirees and near-retirees.

Read more at Yahoo Finance: Why more retirees may be warming up to crypto