here's no other way to look at this, the crypto currency market has been crashing for the better part of the last two months. Investors who are securing their 401(k) in this type of coin are truly in risk of losing most of it because they trusted a fluctuating market that had all the risks of collapsing. Being this volatile was ultimately what made people become convinced that making major investments on crypto was a good idea.
One day it was all the way up, and the next day became uncertain with another massive drop. Ups and downs were the norm with this currency, so why trust crypto to save your 401(k) in there? The United States Department of Labor has been warning investors about this route for a different reason as well.
Can you breach legal obligations with a crypto 401(k) plan?
According to the U.S. Labor Department, the plan to launch the nation's first crypto accessible 401(k) this summer is not going to play by the rules of the state. The company ForUsAll Inc. is actually...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...