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NerdWallet's Smart Money Podcast

Is Bitcoin a safe investment?

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2 • 665 Ratings

🗓️ 26 May 2020

⏱️ 22 minutes

🧾️ Download transcript

Summary

People who invest in bitcoin and other cryptocurrencies need to be ready for a wild ride. Values can soar and plunge, plus there’s no guarantee you’ll get your money back. Cryptocurrency is more of a gamble than an investment, and shouldn’t be more than a small portion of your overall portfolio. As always, send us your money questions! Email [email protected] or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:24.4

Sign up for your $1 a month trial at Shopify.com slash setup.

0:33.9

Welcome to the NerdWallet Smart Money podcast where we answer your personal finance questions

0:38.4

and help you feel a little smarter about what you do with your money.

0:42.0

I'm your host, Liz Weston.

0:43.9

And I am your other host, Sean Piles.

0:46.3

As always, be sure to send us your money questions, call, or text us on the Nerd Hotline at

0:51.0

901-730-6373.

0:53.8

That's 901-730 Nerd. Or you can email us at podcast at

0:59.0

nerdwollet.com. And while you're at it, make sure you rate, review, and subscribe wherever

1:03.6

you're getting this podcast. All right. This episode, we're taking on a money question about

1:08.6

whether Bitcoin and cryptocurrencies are a smart

1:12.0

investment. Spoiler alert, they might not be. But first, Liz and I are going to do our new

1:17.1

segment this week in your money. And we're going to be talking about what it means to work from

1:21.7

home and remote work in general, because that's a lot of our new normals. Right. The other week,

1:27.2

Twitter announced that employees could work from home forever. And that's a lot of our new normals. Right. The other week, Twitter announced that

1:27.9

employees could work from home forever. And that got us thinking about the opportunities of

1:33.2

working from home, the challenges it presents, and what our own experiences have been. Yeah. As a quick

...

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