Trading Bitcoin, Altcoins and ICO’s
Trading crypto currencies (or altcoins) is the newest form of legal online gambling available around the world. And like online gambling, there are many scammers and frauds trying to steal money from people interested using this new technology that we call crypto currency.
There are also many financially savvy individuals who understand trading financial markets better than most of us. Many wall street traders have entered into crypto trading to clean up, while non-traders become aware of this new digital money and “invest” in some good and bad crypto currencies that are being created every day.
We are very bearish on crypto trading, the price of bitcoin or any alt-coin while this new technology (and how it ties into the global financial markets) is changing daily. For the few altcoins that have good use cases, solid development teams and actual products released to the public, we do see value in some of these coins and tokens being offered as “investments” in these technologies.