Bitcoin dos and don'ts

It’s too early to tell if bitcoin is a sustainable investment. But I can tell you a few things to do … and not to do … with the digital currency.

Do invest a sensible portion of your portfolio in it, if you understand and can afford the risks.

Do approach bitcoin as a buy-and-hold strategy. If it drops, don’t sell. Wait for it to come back.

Don’t look to make a quick killing with bitcoin. It’s far too unpredictable and detached from the sort of known and understood fundamentals that underpin our market analyses here at Banyan Hill.

Don’t make bitcoin a part of your retirement portfolio unless you can really afford the risk and potential loss.