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Cryptocurrencies Are A Fad Best Avoided

The Times
October 23, 2020
"Cryptocurrencies don’t belong in your portfolio. The reason is you can’t value them. An asset that doesn’t pay even a notional stream of cashflows — like bonds, which pay interest, or shares, which pay dividends, or property, which provides rental income — is just a gamble. By all means engage in it, like punting on a roulette wheel, for recreation, but be prepared to lose your entire stake."
Oliver Kamm
Columnist, The Times
BTC price when published:
$12,940.11
Current BTC price:
$81,766.62
Price change:
+531.89%
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