Should You Invest in Cryptocurrency?

July 26, 2021
What are some things to keep in mind when you are considering investing in Bitcoin or cryptocurrencies?

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After you listen

Many investments inspired by new technology can be treacherous territory, but also, under the right conditions, they can offer enormous upside. Depending on the timing, the same investment can be both disastrous and generate great returns. Since the rise of Bitcoin and cryptocurrencies, some investors have experienced the highs and lows of rapid-cycling volatility.

In this episode, Mark speaks with Randy Frederick, Managing Director of Trading and Derivatives for the Schwab Center for Financial Research. They discuss the history of Bitcoin, some of the risks associated with cryptocurrency, tax implications, and some of the difficulties of trading a new currency.

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