While most invest in stocks and bonds, cryptocurrencies are emerging as an alternative asset.
Oliver Pursche, chief market strategist at Bruderman Brothers, personally invests in cryptocurrencies, but said his holdings represent less than 1% of his net worth.
Pursche was a guest on TheStreet’s Investing in Cryptocurrencies webcast featuring top blockchain and cryptocurrency authorities.
“I own four of them,” Pursche said. “With the full understanding and belief that two are probably going to zero, one is going to tinker along and if I’m lucky, one of them becomes a rockstar.”
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