Bitcoin investing advice and warning from former miner Alex Pickard - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Business News News

A Wall Street research chief who previously mined bitcoin warns it's plausibly a bubble and 'likely manipulated' — and shares 3 guidelines for investing with caution

Alex Pickard of Research Associates says many bitcoin investors don't understand what the currency is today — and says he didn't, either, when he quit his former job to became a bitcoin miner.

, when he was 25 years old. It was a small investment, and it worked well. As he learned more about the digital currency, he grew more enthusiastic. He made a much bigger investment in 2015, at prices he says were between $400 and $700 per coin. This is far from a sob story. Pickard made a very healthy profit on his investment, and today he's the vice president for research at. He tells Insider he's owned the currency on and off since then, although he currently owns no bitcoin and does own a small amount of a spinoff cryptocurrency, bitcoin SV.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

2 things about Bitcoin 👇👇👇

ok chief...

No wayyyyy

FUD or WW3 Chinese gov’t using Bit-Z- Tether to manipulate prices? Get that US stimulus and then crash prices? Or FUD

“Plausibly bubble.. likely manipulated.”” 🤣🤣 Oh, what an “insightful” news.. Ok, i’m selling that immediately..😂😂

he only wants to buy cheaper

Am so delighted to share this, investing on Bitcoin has been so wonderful with the help of Mr Rene who have been doing all the trading. I invested 5000$ and in two weeks I have earned 20,000$. Trust me this is the best investment platform, contact the Admin 👇👇👇 abrantesrene

Bitcoin is the biggest mania since Tulipmania.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Executive of the Week: Warner Music Group Senior VP New Business & Ventures Alex KaminsWith Why Don't We's successful shows on gaming platform Roblox, Warner Music Group svp new business & ventures Alex Kamins is Billboard's Executive of the Week. Interesting Thank God for bringing bitcoin to man,it has being a passion for bitcoin trading. Now the poor are getting rich over night and the rich getting richer.great source of blessing to all of man kind who have SamuelEddy_15 thank you for your proper management
Source: billboard - 🏆 112. / 63 Read more »

Alex Rodriguez, Europe’s Super League And The NFL Draft: This Week’s Most Interesting Sports Business StoriesIn this week’s SportsMoney Playbook: inside Alex Rodriguez's business empire, 30 Under 30, overseas editions and Europe's Super League fail. Plus: our NFL mock draft. I am looking for new, good friends RACHEL10420018 So you consider the pictured relationship a sport or business?
Source: Forbes - 🏆 394. / 53 Read more »

Alex Rodriguez, Europe’s Super League And The NFL Draft: This Week’s Most Interesting Sports Business StoriesIn this week’s SportsMoney Playbook: inside Alex Rodriguez's business empire, 30 Under 30, overseas editions and Europe's Super League fail. Plus: our NFL mock draft. Good riddance to both
Source: Forbes - 🏆 394. / 53 Read more »

Alex Rodriguez, Europe’s Super League And The NFL Draft: This Week’s Most Interesting Sports Business StoriesIn this week’s SportsMoney Playbook: inside Alex Rodriguez's business empire, 30 Under 30, overseas editions and Europe's Super League fail. Plus: our NFL mock draft. That’s what comes with the landline no happiness but you know you have all the money in the world but they can buy you a poor person is day 😃 💯 After 5 scams! I got my blank ATM card from Adriano to withdrew up to $5,000 daily for 3 month.I am so happy about this because I got mine last week and I have used it to get $20,000. Mr.Adriano is giving the card to help life's.Make your order now:adrianohackers01gmail.com
Source: Forbes - 🏆 394. / 53 Read more »