Wall Street

Buckle Up: How investors can deal with crypto turbulence

Published by
Reuters UK

By Chris Taylor NEW YORK (Reuters) – When Doug Milnes started buying cryptocurrencies in January of this year, he felt like it could become an entirely new asset class for investors. Right now what it is making him feel is extremely unsettled. The marketing executive from Summit, New Jersey, says his holdings, including a number of different cryptocurrencies like ethereum, are down around 60% from where he bought. What was 2% of his portfolio is now around 0.8% – making him wring his hands about whether to hold on, head for the exits, or buy the dip. “Crypto has gone through a number of booms …

Read More

Share this Story
Load More Related Articles
Load More In Wall Street