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NEET CHAPTERWISE QUIZ Telegram | DID YOU KNOW?
Date: | NEET CHAPTERWISE QUIZ
Should You Buy Bitcoin?
In general, many financial experts support their clientsâ desire to buy cryptocurrency, but they donât recommend it unless clients express interest. âThe biggest concern for us is if someone wants to invest in crypto and the investment they choose doesnât do well, and then all of a sudden they canât send their kids to college,â says Ian Harvey, a certified financial planner (CFP) in New York City. âThen it wasnât worth the risk.â The speculative nature of cryptocurrency leads some planners to recommend it for clientsâ âsideâ investments. âSome call it a Vegas account,â says Scott Hammel, a CFP in Dallas. âLetâs keep this away from our real long-term perspective, make sure it doesnât become too large a portion of your portfolio.â In a very real sense, Bitcoin is like a single stock, and advisors wouldnât recommend putting a sizable part of your portfolio into any one company. At most, planners suggest putting no more than 1% to 10% into Bitcoin if youâre passionate about it. âIf it was one stock, you would never allocate any significant portion of your portfolio to it,â Hammel says.
Launched in 2013, Telegram allows users to broadcast messages to a following via âchannelsâ, or create public and private groups that are simple for others to access. Users can also send and receive large data files, including text and zip files, directly via the app.The platform said it has more than 500m active users, and topped 1bn downloads in August, according to data from SensorTower.NEET CHAPTERWISE QUIZ from fr