Many investments motivated by new technology can be treacherous area, but likewise, under the best conditions, they can offer enormous upside. Depending upon the timing, the same investment can be both devastating and create great returns. Given that the increase of Bitcoin and cryptocurrencies, some financiers have experienced the low and high of rapid-cycling volatility..

In this episode, Mark speaks to Randy Frederick, Handling Director of Trading and Derivatives for the Schwab Center for Financial Research. They go over the history of Bitcoin, some of the risks connected with cryptocurrency, tax implications, and some of the troubles of trading a brand-new currency..

Financial Decoder is an initial podcast from Charles Schwab (). For more on the series, check out Schwab.com/ FinancialDecoder ().

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Important Disclosures:.

The information offered here is for basic informational purposes only and need to not be considered an individualized suggestion or customized investment recommendations. The investment methods pointed out here may not appropriate for everybody. Each financier requires to examine a financial investment technique for his/her own specific circumstance before making any financial investment choice.

All expressions of opinion are subject to change without notice in response to moving market or economic conditions. Information consisted of herein from third party suppliers is acquired from what are considered trustworthy sources. Nevertheless, its accuracy, completeness or dependability can not be guaranteed.

Past efficiency is no assurance of future outcomes and the opinions provided can not be viewed as an indication of future efficiency.

Investing involves danger, consisting of risk of loss.

Digital currencies, such as Bitcoin, are extremely unpredictable and not backed by any reserve bank or government. Digital currencies lack much of the policies and customer securities that legal-tender currencies and controlled securities have. Due to the high level of risk, investors need to view Bitcoin as a purely speculative instrument.

Currencies are speculative, extremely unstable, and not ideal for all financiers.

Futures trading includes a high level of threat and is not appropriate for all financiers.

This info does not constitute and is not intended to be a substitute for specific customized tax, legal, or investment planning suggestions. Where specific guidance is necessary or appropriate, Schwab advises consultation with a certified tax consultant, CPA, monetary coordinator, or investment manager.

The policy analysis offered by the Charles Schwab & Co., Inc., does not make up and ought to not be translated as a recommendation of any political party.

All corporate names are for illustrative functions just and are not a recommendation, deal to offer, or a solicitation of an offer to buy any security.

Diversity techniques do not guarantee a profit and do not secure versus losses in decreasing markets..

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