Forbes - Despite recent gains and ETF approval, experts advise caution on Bitcoin due to its volatility, lack of intrinsic value, and tax implications

https://www.forbes.com/sites/lawrencelight/2024/02/11/forget-the-hype-avoid-bitcoin-even-if-it-is-easier-to-buy-now/?sh=2d036c381700

Bitcoin's price skyrocketed due to new ETFs, but experts warn against treating it as a genuine investment due to its volatility and lack of inherent value.

While some see potential for future stability, its dramatic fluctuations and tax implications are major downsides.

Experts advise caution, suggesting small allocations for the adventurous and avoiding it altogether for long-term investors.

Beware of Bitcoin hype!!