This is a must-read for those interested in Bitcoin news. One of the world’s top publications, the Economist looks at the risks. Thee Economist explores the question, ‘Is the latest frenzy like tulipmania, a gold rush or the dotcom boom’?
Source: What if the bitcoin bubble bursts?
Reading between the lines, the smart money’s moving on, there’s speculative bubble activity which could hurt party later-comers but the technology is sound. So the prognosis is typical for a bull-run, ‘buy on the downturns and look for bargains’.
But this is more for speculators and gamblers. If you’re a balanced investor make this a small part of your portfolio that you can afford to lose. Caveat Emptor – let the buyer beware?