Hardly a day goes by at the moment without a headline referring to bitcoin and so-called crypto-currencies, writes Guy Stephens, technical investment director at Rowan Dartington.
The technical detail on how the technology works is complex but what really matters is whether it is an investible asset or is likely to become one. Bitcoins have performed well, but do all investors truly understand the pricing mechanics of this market - a dazzling performance but it could blow up in your face! It should be remembered that investors sit up and make enquiries when something they have not got exposure to starts to make a lot of money - the so-called investor greed factor. The temptation to get involved based solely on past performance is very strong despite understandi...
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