Think cautiously before you put bitcoin in your 401k. And no, not for the reason you think.
This is about portfolio management.
For most of you, your 401k is your primary vehicle for retirement savings. It should be boring. Additionally, we all have crypto exposure (presumably) on this sub. Don’t further expand your exposure and get overextended.
This is why you get stressed when market goes up or goes down. It all comes down to portfolio management.
So take my advice, if you already have crypto, continue buying whatever mix of small caps and mega caps they offer in your 401k.
The target for something like a Fidelity IRA holding bitcoin is your 50 year old uncle that has no idea what a seed phrase is or blockchain—not the average user of this sub.
I do know one thing-this is a major major domino in game theory of hyperbitcoinization. Enjoy the ride.
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