Should you be investing in crypto?
Many wealthy people have traditionally disregarded cryptocurrencies as viable investments due to their volatility and the stereotype that they’re a money laundering tool for criminals. US President and erstwhile businessman Donald Trump, for example, once said that crypto is “not money” and that it is “based on thin air”. Meanwhile, famous American investor Warren Buffett reportedly said in a 2018 investor meeting that Bitcoin was “probably rat poison squared”.
But with the crypto industry now worth over $4 trillion, coupled with growing support from traditional financial institutions and global regulators, both Trump and Buffett seem to have had…