{"id":5346,"date":"2021-02-26T13:12:42","date_gmt":"2021-02-26T18:12:42","guid":{"rendered":"http:\/\/therosenbaumlawfirm.com\/blog\/?p=5346"},"modified":"2021-02-26T13:12:42","modified_gmt":"2021-02-26T18:12:42","slug":"yes-bitcoin-in-401k-plans-is-a-bad-idea","status":"publish","type":"post","link":"https:\/\/therosenbaumlawfirm.com\/blog\/?p=5346","title":{"rendered":"Yes, Bitcoin in 401(k) plans is a bad idea"},"content":{"rendered":"\n<p>Over the 30 years of investing, I have seen nothing like my investment in bitcoin and other digital currencies. There have been swings of more than 10% a day and I\u2019m up over 100% since first starting investing this summer.<\/p>\n\n\n\n<p>Yet, what might be great as an individual investment would not make sense as a participant-directed 401(k) investment. If private equity\/hedge funds aren\u2019t a truly proper 401(k) investment, don\u2019t expect Bitcoin and other forms of digital currency as 401(k) investments as long as they\u2019re volatile and unregulated.<\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Over the 30 years of investing, I have seen nothing like my investment in bitcoin and other digital currencies. There have been swings of more than 10% a day and I\u2019m up over 100% since first starting investing this summer. &hellip; <a href=\"https:\/\/therosenbaumlawfirm.com\/blog\/?p=5346\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/5346"}],"collection":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5346"}],"version-history":[{"count":1,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/5346\/revisions"}],"predecessor-version":[{"id":5347,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/5346\/revisions\/5347"}],"wp:attachment":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}