Bitcoin (BTC-USD) has gotten quite a bit of buzz with institutional investors, but retail investors may still have some hesitation. Sam Callahan, Lead Analyst at Swan Bitcoin, joins Yahoo Finance Live to discuss what retail investors should consider before adding bitcoin to their portfolios.
Callahan acknowledges that “bitcoin might be volatile, but it is the best performing asset seven of the last ten years and ten of the last thirteen years.”
Callahan advises retail investors to not see a bitcoin investment as a quick fix, “it’s very important to view bitcoin as a long-term savings" and portfolio hedge. Knowledge is power, suggests Callahan who states plainly, “I think its important for investors to not just buy bitcoin, but to learn about what they’re buying.”
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