Global Stock News

NICK BRUINING Q+A: Bitcoin’s wild swings proves cryptocurrency bet is the ultimate mug’s game

NICK BRUINING Q+A: Bitcoin’s wild swings proves cryptocurrency bet is the ultimate mug’s game

Question

I have been talking with my grandchildren regarding different types of investing.

They keep telling me about their friends who have “made a fortune” by investing in new investments based on cryptocurrencies, citing crypto as a new type of gold.

Sign up to The Nightly’s newsletters.

Get the first look at the digital newspaper, curated daily stories and breaking headlines delivered to your inbox.

By continuing you agree to our Terms and Privacy Policy.

I am trying to mount a plausible argument against this approach because they are talking about investing all of their savings into this asset.

Can you provide any arguments to help me out?

Answer

The concept of investing means different things to different people. Many view betting on…

Source link

Share this article

Scroll to Top