‘The best time to invest in bitcoin was yesterday,’ says strategist as the cryptocurrency soars

cnbc2021-02-22

KEY POINTS Meltem Demirors of CoinShares told CNBC on Monday that the “best time to invest in bitcoin was yesterday.” Her comments came as bitcoin’s market value recently topped the $1 trillion mark,...

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Comments

Xxiiaode
2021-02-23
Xxiiaode
Go
btc8
2021-02-23
btc8
True
jere09
2021-02-22
jere09
WadNews is Breaking
GMJ
2021-02-22
GMJ
Good insights on 4% allocation - just for diversification. Ppl shouldn’t allocate too much into bitcoin, anyway it is just one asset type
Andycgh
2021-02-22
Andycgh
Roller coaster
Sumei
2021-02-22
Sumei
It’s quite scary to see how the price has shot ip. It would have been nicer if it went up slowly ...
- Erika:
  Agree

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But it’s definitely not an investment,” Damodaran, a professor of finance at NYU’s Stern School of Business, told CNBC’s “Street Signs Asia” on Friday.\n“If it’s a currency, it’s a ... horrifically bad currency,” he said, adding that bitcoin “seems to be primarily a speculative game” that has “behaved like a very risky stock.”\n“It’s not an asset class. It’s a failed currency, at least into this moment,” Damodaran said. “Let’s see whether they can fix it because ... 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Ppl shouldn’t&nbsp;allocate too much into bitcoin, anyway it is just one asset type","listText":"Good insights on 4% allocation - just for diversification. Ppl shouldn’t&nbsp;allocate too much into bitcoin, anyway it is just one asset type","text":"Good insights on 4% allocation - just for diversification. Ppl shouldn’t allocate too much into bitcoin, anyway it is just one asset type","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369395193","repostId":1170294180,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":369908135,"gmtCreate":1613994447427,"gmtModify":1704886593108,"author":{"id":"3568670970452812","authorId":"3568670970452812","authorIdStr":"3568670970452812","name":"Andycgh","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3568670970452812"},"htmlText":"Roller coaster","listText":"Roller coaster","text":"Roller coaster","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369908135","repostId":1170294180,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":369069683,"gmtCreate":1613989241142,"gmtModify":1704886522042,"author":{"id":"3566259831309087","authorId":"3566259831309087","authorIdStr":"3566259831309087","name":"Sumei","avatar":"https://static.tigerbbs.com/ae0a2af1baf6b07a87ffdf41ea17959a","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3566259831309087"},"htmlText":"It’s quite scary to see how the price has shot ip. It would have been nicer if it went up slowly ...&nbsp;","listText":"It’s quite scary to see how the price has shot ip. It would have been nicer if it went up slowly ...&nbsp;","text":"It’s quite scary to see how the price has shot ip. It would have been nicer if it went up slowly ...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/369069683","repostId":1170294180,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3635515,"gmtCreate":1614036114109,"gmtModify":1680777915787,"authorId":3573504406992804,"author":{"id":3573504406992804,"authorId":3573504406992804,"name":"Erika","avatar":"https://static.tigerbbs.com/878757d4ca6ae4d676234e55c75c9552","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":369069683,"type":1,"supId":0,"prevId":0,"content":"Agree","text":"Agree","html":"Agree"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":37,"commentSize":12,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.3","shortVersion":"4.28.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1170294180"}