Oh no, it’s Crypto! Jonathan Greeson, CFP®

When I started practicing financial planning, the main thing people wanted to know about was cryptocurrency.  Unfortunately, those interested in cryptocurrency were mostly looking for “get rich quick schemes,” which is always a red flag.  The questions slowed down eventually, but the “fandom” still concerns me.  

Cryptocurrency may be the future, but do we really understand it?  It trades like gold and other commodities, but it moves like those “companies” in the Dotcom bubble.  For example, in 2018, Bitcoin was $14,644.00.  In July 2025, it reached $116,000.00.  Then, on August 12, 2026, it was back down to $63,397.00.  Yes, some people made money during that rollercoaster ride, but many others lost.  

I fear that those who lost money in cryptocurrency may turn against investing in general, which could harm their retirement plans.  Loss aversion is very real.  It’s our tendency to feel the pain of losing more than the happiness of winning.  Please don’t allow loss aversion to prevent you from pursuing your dreams.

There are many ways to invest your money.  Life is stressful enough.  Why add to it with an uncomfortable level of risk?  

Yes, you can plan for your future and sleep well at night.  I’ll be glad to help.  Email me!

Jonathan Greeson Financial Planning is located in Pikeville.  For more information, visit www.jonathangreeson.com.  Investment advisory services offered through Brookstone Wealth Advisors, LLC (BWA), a registered investment advisor and an affiliate of Brookstone Capital Management, LLC.  BWA and Jonathan Greeson Financial Planning are independent of each other.   Insurance products and services are not offered through BWA but are offered and sold through individually licensed and appointed agents.