Key Points
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Retirees can invest in cryptocurrency, provided they have enough retirement income to comfortably pay their bills.
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It’s best to stick to a small crypto position — 1% to 5% of your portfolio.
Retirement and cryptocurrency investing would seemingly mix like oil and water. Your golden years are when you reduce portfolio risk. Cryptocurrency is highly risky, with exhibit A being the the fact that many top coins are down over 50% in the last six months.
That said, there’s nothing wrong with retirees diversifying into digital assets, provided they keep a couple of guidelines in mind.
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