Expert: investing in crypto-currencies is a game of chance

Expert: investing in crypto-currencies is a game of chance

March 11, 2018

Investors should be careful when buying crypto currency

Head of the investment department of PortfolioMetrix Corporation Brandon Zittsman said that investors should be careful when buying crypto currency.

Investing in crypto-currencies will always be a gamble and investors should invest in crypto-currencies only that part of their state that they habitually spend on gambling, "Zitsman believes.

Brandon Zittsman: you can retire earlier … or not

"You can get an effect (from investments) and retire for a decade or two before, but expect that this spectacular moment (necessarily) will take place very, very, very erroneously," the expert warned.

Brandon Zittsman says that when investing, you need to assess the potential economic returns, shortages and usefulness of each token.

Unlike other asset classes, Zitsman believes, crypto-currencies do not have economic returns, and the ability to create new coins makes the issuance of crypto-currency virtually unlimited, writes Mybroadband.

Previously known crypto-nasusist Tom Lee developed a new tool Bitcoin Misery Index, which, in his opinion, could help investors to more accurately assess risks.

Author: Evgenij Novožilov, Analyst Freedman Club Crypto News

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