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Altrius Capital Blog

03 Jan 2018

Bitcoin: Really?!

Posted by James Russo

After receiving a tip from my Uber driver, a call from my uncle Ed and questions from my kids about Bitcoin, I thought I would pen a few words about the cryptocurrency. It's important to first understand that anyone who bets on Bitcoin, or any other cryptocurrency, is rampantly speculating rather than investing.  There is absolutely no way to fundamentally judge the intrinsic value of Bitcoin as it produces no cash flow nor has any earnings.  As such, it is of course impossible to also make any determination when to buy or sell it.

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Topics: Cryptocurrency, Bitcoin