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Could You Retire on Bitcoin Alone?

TheMotleyFool

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Bitcoin (CRYPTO: BTC) is the best known of the cryptocurrencies, and it's seen a rapid increase in price since the virtual coin was introduced. Many prominent financial experts have endorsed investing some money in Bitcoin, including Dave Ramsey and Suze Orman.

But even if putting some money into Bitcoin could potentially be a valid investment approach, you definitely shouldn't make it the centerpiece of your retirement saving efforts. Here's why.

Image source: Getty Images.

Source Fool.com

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