Wednesday, January 10, 2018

How to Cash In on Cryptocurrencies


Nowadays, it seems that anything connected to a cryptocurrency or a blockchain is bounding upward in value.  Companies that claim to have something to do with either are seeing huge leaps in market valuation.  People who were worth next to nothing a year or two ago now claim to be millionaires or maybe even billionaires.  There are lots of Cassandras out there warning against this latest fad, including, among others, Warren Buffett (https://www.cnbc.com/2018/01/10/buffett-says-cyrptocurrencies-will-almost-certainly-end-badly.html).  Buying a crypocurrency can be difficult because the markets for these things can be murky.  You may feel like you're getting a pig in a poke.  So how do you profit?

Well, I'm changing my name to CryptoLeo.  I expect my income and net worth to instantly increase by zillions.  Maybe cryptocurrencies are a bubble and will soon become a crisis.  But, as they say, never let a crisis go to waste.  Instead, cash in.