There has been a lot of press recently relating to Bitcoin – especially considering the regulator recently suggested that clients should be prepared to lose their entire investment – fresh off the heels of their paper in October where they banned the sale of crypto-derivatives to retail consumers. The reason why there has been a lot of press is probably due to the stratospheric price rise seen in the cryptocurrency with it hitting $40,000 already this year.
This year is only a couple of weeks old and has seen the press highlight the investment company Ruffer profit to the tune of over £300m for their investment in Bitcoin – from an investment made not long before the end of the 2020. There are potentially huge gains out there, but does that make it a good investment?
To download the full report please click on the link below:Continue reading article
18th January 2021