Bitcoin: Black Market Bait or Shrewd Investment?

“If clients are truly looking for a hedge or uncorrelated asset, we steer them in other directions,” says Jeremy Office, an advisor in Delray Beach, Fla. “Bitcoin is so new it is like the wild, wild, West where anything can happen. That is not to say we don’t believe there could be a place for it in a portfolio in the future once it becomes more widely accepted.”