SoFi Vice President John Foley: Real Risk in Losing Money in Crypto

Cryptocurrencies are on a rollercoaster ride. This week Bitcoin and Ethereum trading near their all time highs. SoFi Vice President and Certified Financial Planner John Foley warns investors to be careful with how much money they invest in this marketplace. Foley advises clients to not invest more money in cryptocurrency than they can afford to lose. Foley cautions people to make investments in cryptocurrency part of a balanced portfolio. "Fear of missing out should be fighting with a fear of losing money, " says Foley. Foley also recommends to diversity investments with several types of cryptocurrency.

More In Business

So...Bitcoin Just Hit an All-Time High

Spot Bitcoin ETF glee and pre-halving hype combined to top the cryptocurrency's previous record from November 2021.

'Spring Clean' Your Finances: Three Things You Can Do Today!

Spring has sprung! Time to tackle more than your garden.

Long Live! Eagles Center Jason Kelce Retires After 13 NFL Seasons

Time for Kylie to get that cat?

Supreme Court Restores Trump to Ballot, Overriding State Attempts For Ban

The U.S. Supreme Court unanimously decided Monday to restore former president Donald Trump to 2024 presidential primary ballots. The court Monday rejected state attempts to hold the Republican former president accountable for the Capitol riot.

These Are the Absolute Best Destinations for Spring Break Camping

With warmer days and holidays ahead, it’s time to start planning.

JetBlue and Spirit End Merger Plan — Leaving Customers Dispirited and Blue

JetBlue and Spirit Airlines are ending their proposed $3.8 billion merger after a federal judge blocked the deal, ruling it would hurt competition.

Forget Timothée and Zendaya: Dune Is All About Supply-Chain Issues

The collapse of our own global economy as explained by "Dune."

Voyager Ventures Has Confidence Sustainable Tech Is Just Better

Voyager Ventures founding partners Sarah Sclarsic and Sierra Peterson discuss how they choose products and companies to invest in, and why there’s such high demand for sustainable tech.

Turning Ocean Waves Into Clean Energy

Inna Braverman, co-founder of Eco Wave Power, shares how her company’s tech works, plus the role governments should play in adopting clean energy.

🎶 It's the Most Wonderful Time of the Year🎶: IRS Launches Crackdown on Wealthy ‘non-filers’

You can run but you can't hide.

Load More