October 2017
Intermediate to advanced
256 pages
9h 33m
English
book
Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond
by Chris Burniske, Jack Tatar
Content preview from Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond
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Chapter 6
The Importance of Portfolio Management and Alternative Assets
I(Jack) was a columnist at MarketWatch.com in August 2013, when I made the logical leap to add bitcoin to my portfolio. While initially born of curiosity, my interest in bitcoin had grown more mature and serious with each passing month. As a writer focused on retirement, I decided that I could only recommend the asset to others if I had the courage to put it in my own retirement portfolio.
Not only did I decide to invest in bitcoin, I decided to place the entirety of that year’s allocation for my Simplified Employee Pension (SEP) plan into bitcoin. When I announced what I had done in my article “Do Bitcoins Belong in your Retirement Portfolio?,”1 it created a stir online ...