As a follow-up to yesterday’s guest post, here are a few of my own thoughts about the challenges and opportunities. For full disclosure, I don’t currently own or have ever owned Bitcoin or any other cryptocurrency myself. I reached Financial Independence (FI) years ago the old fashioned way with equities and a little bit of real estate. Only a few weeks away from early retirement, I have no need to throw “Hail Mary passes” with my money! But just because I’m interested in finance and technology I should have an opinion, of course, so here are some of my random thoughts in random order on Bitcoin and Cryptocurrencies… Continue reading “Some of my Thoughts on Bitcoin and Cryptocurrencies”
Hard to believe that this blog has been around for almost two years and I never wrote anything about Bitcoin and Cryptocurrencies. I will have some more of my own thoughts and comments in tomorrow’s weekly Wednesday post but to set the stage, our online buddy Matt Paulson has agreed to write a guest post on the topic. Matt runs a site called MarketBeat which is pretty neat. It has a lot of free information, including all the interesting stats on earnings history/forecasts, dividend history, SEC filings, etc. for individual stocks. I don’t think I have seen all that information aggregated so nicely anywhere else, see below:
In any case, here’s the guest post on Bitcoin, take it away Matt…
Bio: Matthew Paulson is the founder of MarketBeat, an Inc. 5000 financial media company that empowers retail investors to make better trading decisions by providing real-time financial data and objective market research.
The stock market continues to soar, reaching new highs on a regular basis. Many people attribute this to the brighter macroeconomic outlook, lower taxes and less regulation, so markets find it easier to price future expectations. This has led to record highs for both bitcoin and the stock market. However, individuals need to be careful when making an investment. Although bitcoin may appear to be the wave of the future, we need to understand the benefits and drawbacks of both stocks and cryptocurrencies to ensure they make the decision that is right for their unique needs. Continue reading “Guest Post: Should you invest in Stocks or Bitcoin?”