Cryptocurrency taking investors on wild ride

MODERATION: Ronald W. Kent Jr., president of Spinnaker Asset Management, recommends that less than 2% of a retail investor’s portfolio should go to ­cryptocurrency. / PBN PHOTO/
MICHAEL SALERNO
MODERATION: Ronald W. Kent Jr., president of Spinnaker Asset Management, recommends that less than 2% of a retail investor’s portfolio should go to ­cryptocurrency. / PBN PHOTO/
MICHAEL SALERNO
As a private-capital investor who also manages his own personal portfolio, David Homonoff has always watched the market with close attention. When he saw the dollar value sink in late summer 2020, he sought to offset potential losses by staking claim in a new asset: Bitcoin. Homonoff, who is based in East Greenwich, bought about…
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