Younger investors can take a more aggressive approach.
It may feel as if cryptocurrencies have been around forever, considering how much of the news cycle they consume. In reality, they have only been around for a little more than 15 years, with Bitcoin (BTC -0.70%), the world’s largest cryptocurrency, having been created at the very beginning of 2009. That means there’s still a lot we don’t know about this burgeoning sector.
It also means that cryptocurrencies could be very appealing for younger investors, who can afford to be more aggressive. Now, that doesn’t mean this group should invest a majority of their portfolios in cryptocurrencies. It means that they can allocate a smaller percentage of capital and hopefully experience meaningful gains over time. Here are three cryptocurrencies for individuals with a 40-year time horizon.
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