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“Bitcoins – Are You Kidding Me?” – Seeking Alpha | $1938.7

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Last updated on: 2 January 2018

Fact Checker

Is it a good investment?

Stanford and Princeton say bitcoin has volatility seven times greater than gold, eight times greater than the S&P 500, and 18 times greater than the U.S. dollar. My answer:No.

Some of the hype tossed by Bitcoin sellers include:

Buy bitcoins with your IRA

Seriously? Sure, reverse mortgage your house while you’re at it…

Still, some people will buy it as an “investment.” In my opinion, Monopoly money is safer.

Eulogy made by: John Lohr

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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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Alexander Reed

Having delved into futures trading in the past, my intrigue in financial, economic, and political affairs eventually led me to a striking realization: the current debt-based fiat system is fundamentally flawed. This revelation prompted me to explore alternative avenues, including... Read More

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