Don’t See This Crypto as a Risk? ‘You’re Dumb,’ According to Dave Ramsey
Personal finance expert Dave Ramsey says a sole investment in bitcoin without seeing the risk is a dumb idea. He might not be entirely off the mark, either.
Explore More: 13 Cheap Cryptocurrencies With the Highest Potential Upside for You
Check Out: 7 Luxury SUVs That Will Become Affordable in 2025
Bitcoin is fundamentally volatile, but less so than many large and popular stocks such as Netflix (NFLX). Bitcoins’ realized volatility over a 90-day timeframe averaged 46%, while Netflix averaged 54%.
However, while investors this year have been moving from gold to bitcoin, gold remains the better performer year-to-date — up 23.8%, according to Bloomberg — outperforming bitcoin and hitting a new all-time high earlier this…
