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Bitcoin: To Invest, Or Not To Invest

U.S. Currency




Bitcoin: To Invest, Or Not To Invest

Bitcoin: “a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.”




Bitcoin as an investment is making me wonder whether I’m an old school, conservative investor or simply out-of-touch with the impending future of investing.

But here’s the thing…

To me, Bitcoin is a highly speculative investment. I mean, it’s a cryptocurrency, and I don’t even invest in dollars or euros!

Plus, I like to invest in companies, because they are the gears of our economy. There are people in those companies that actually work toward a common goal, whether it’s to provide services, sell products or both. And, they all want to become highly profitable!

What is a cryptocurrency?

And what are we actually investing in?

Yes, highly speculative. And, even the stock market can be treated like a gambling house if you trade that way.

But, I’ve realized that I invest in companies and the people who run them.

And that is the big difference.

Besides, I can’t even afford 1 Bitcoin!

So for now I’ll pass…

More Investing Thoughts

See Also: Cramer: Marijuana, Bitcoin and Micron are Al Speculative Investments

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About the author:
Has 3197 Articles

Carlos Rull is a musician living in the San Diego area. His interests include Yoga, Eastern Philosophy, Zen Buddhism, and Gardening. He plays drums, piano, and composes New Age & Ambient music, and his albums are available on iTunes and Amazon.com.

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