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    Flying Blind With Bitcoin: Should You Invest, too?

    by Bradford M. Pine, Wealth Adviser, Bradford Pine Wealth Group Jan 23, 2018 5 minutes

    I can't tell you the number of phone calls I've fielded about bitcoin in recent months. The shocking rise of cryptocurrencies this past year triggered a wave of media attention on this new form of money as an investment. Even my kids have asked me about it, and are investing themselves.

    For early adopters of cryptocurrency, 2017 was a good year: The price of bitcoin rose about 1,500%. Litecoin, another cryptocurrency, recently jumped 73% in less than 24 hours right around the time bitcoin futures became available for the first time, in mid-December.

    Of course, the market is changing so rapidly that this article is in danger of becoming outdated by the time you read this!

    But if you're considering bitcoin or another cryptocurrency as a possible investment, I suggest you tread carefully. In this article, I'll answer some common questions that I'm hearing about bitcoin,

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