Some financial advisors have started to make a new pitch to investors, saying they can profit whether bitcoin rises or falls, the Wall Street Journal reports. They're making the argument that crypto have a place, along with stocks and bonds, in investment portfolios and also retirement accounts, the newspaper said. The gist of the pitch consists of automatic selling through a brokerage account if the digital coins fall by a certain amount, generating a taxable loss that can be used to offset other investment gains. The accounts then buy the coin back in a short time for around the same price or less. Cryptos skirt the rules because they're considered property by the Internal Revenue Service, though that's likely to change soon, the WSJ notes. The House Ways and Means Committee approved a proposal, which would start on Jan. 1, to treat cryptos like other securities. Lawmakers project that the proposal, which is part
