Excited About Bitcoin? Don’t Throw All Of Your Investment Money At It Just Yet According to The Oxford Club

Bitcoin is an exciting invention for a number of reasons, but it is not a great idea to let that excitement get in your way when it comes to making wise investment decisions. In fact, some will argue that it is not a great investment in general for those who are looking for a return at this point.

One of the voices making that argument are the people of the Oxford Club. This is a private and global organization of investors who seek ways to make a return on every investment that they make. Think of them as a highly-sophisticated investment club. They have taken a look at the prospects for Bitcoin, and they are not all that impressed with what they see.

Bitcoin climbed from a starting price of just six cents per coin when it was first introduced all the way up to over $10,000 per coin recently. That tremendous climb was something not predicted by very many people. Now, Bitcoin is finally getting its due so to speak from the doubters. However, it may be getting so much attention at this point that the value in the investment has been washed away.

Crypto-currencies in general have garnered more respect on Wall Street and out in the real world as well. They are interesting to investors because they do provide the promise of consumers using them to make purchases anonymously online or elsewhere. Also, a lot of the trading in Bitcoin and other crypto-currencies is taking place in Asia and developing markets, so that is also exciting.

While Bitcoin may be overvalued at this point, other crypto-currencies that are still trying to gain their footing may be in the perfect position to stand a chance of being worth something in the future. It is all about investing in these types of things wisely. The price movements seen on some of these currencies can fluctuate wildly from day to day, so you really have to be in it for the long haul if you are serious about this investment class.

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