Should you start investing in a cryptocurrency fund? It can be scary to invest in cryptocurrencies like bitcoin, Ethereum, or Dogecoin. My guest, Kyle Woodley, and I discuss the differences in this video.
Cryptocurrency investing can be scary, especially for those who are just starting, and sadly, many newcomers fall prey to frauds, such as those described in the video's comment area.
Many investors question if it's better to put their money into a cryptocurrency fund or an ETF instead, so they don't have to deal with all of the hassles that come with savvy cryptocurrency investing, such as establishing a crypto wallet or timing the market.
Kyle Woodley, Senior Investing Editor at Kiplinger.com and an ETF enthusiast, is back on the podcast today to discuss crypto funds, how they vary from standard ETFs, and who should consider including them in their portfolio in 2021.