Bitcoin is for speculators—for people with the inclination to - TopicsExpress



          

Bitcoin is for speculators—for people with the inclination to try to time and ups and downs and the money to lose if things go badly. For talented chartists there is probably a lot of money to be made, even during a Bitcoin bear market. Already, people have devised ways to sell Bitcoins short. A long talked-about Bitcoin ETF awaits launch and if that happens, people will be able to buy long, sell short and probably write or purchase options. Some people will be good at this game, most will be bad at it and investors are better off sticking to currencies, commodities, stocks and bonds that have intrinsic value.
Posted on: Fri, 23 Jan 2015 03:20:10 +0000

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