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Don’t invest in crypto before a 401(k) or IRA, warns these experts

admin by admin
November 29, 2021
in Investing
0
Don’t invest in crypto before a 401(k) or IRA, warns these experts

Investors may purchase coins for various reasons, whether it’s with hope of turning a quick profit, the potential for long-term growth or just to get in on the excitement. Some young investors, however, are choosing crypto over investing for their retirement. And herein lies the problem.

The same survey found that 44% of investors who have less than $10,000 in investable assets are currently investing in crypto, but only 26% have a 401(k) or 403(b) and 17% have an IRA.

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