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The Bitcoin Brouhaha

Ninad Ramdasi
/ Categories: DSIJ_Magazine_Web, MF - Letter to Editor, DSIJMagazine_App, Mutual Fund, Letters to Editor
The Bitcoin Brouhaha

Your special report titled ‘Is Bitcoin the Next Safe Haven?’ was quite informative. However, presently does it make sense to add Bitcoin or any other cryptocurrencies to my portfolio?

- Samir Upadhya

Editor Responds Blockchain, the technology behind cryptocurrencies, will remain. However, Bitcoin may or may not. Our analysis shows that the price of Bitcoin is very volatile in nature and hence not suitable for even the most aggressive investor. Therefore, our suggestion is to stay away from Bitcoin for now.

 

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