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Find out if Bitcoin or Stocks are right for you.

Dogecoin has had an amazing year so far. Its price has risen more than 14,500% in the past six months. It has increased by around 350% in the past month alone.

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Find out if Bitcoin or Stocks are right for you.

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  1. BITCOIN VS STOCK Find out which one is best for you.

  2. Who Is a Good Fit for Stocks? Stocks are likely to be the bulk of any portfolio for most people. "Stocks should be the main focus of most portfolios," Stein said. You can come up with a value based on profits, and it's a more stable investment for this reason." Also, Stein said it's reasonable to expect that, even with some short-term volatility, most companies will survive and, therefore, provide stability. A broad-based index fund or exchange-traded fund (ETF) made up of stocks is likely to perform well in the long run.

  3. Who Is a Good Fit for Bitcoin? If you're looking for a bit more diversity in your portfolio, Bitcoin may be a good choice. Bitcoin and other cryptocurrencies provide alternatives to more common assets. Bitcoin is useful if you want to hold assets that aren't denominated in dollars or other currencies. "It's a way to keep some assets away from the dollar." Stein and Chisholm said that even if Bitcoin is a good fit for your portfolio, you probably shouldn't make it the main focus of your investment plan. It mostly depends on how much risk you can tolerate and if you're comfortable losing that amount. "If you like the math behind (Bitcoin), then imagine that it could go to 0 or up twentyfold," Chisholm said. What percentage of your portfolio are you willing to lose? You should limit it to 1 to 5% of your portfolio, depending on your risk tolerance."

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