No Investment Strategies Are Worse Than Cryptocurrencies — Bitcoin Obituary #270

Obituary #270 · · Bitcoin at $3,741
The simple truth is that there are virtually no investment strategies that are worse ideas than cryptocurrencies. “Investing” in bitcoin and other cryptocurrencies is pure, unadulterated speculation. I put investing in parentheses because this is not investing, it is speculating. Cryptocurrencies are the “Tulipmania” of the 21st century.