Photographer: Oli Scarff/AFP via Getty Images

If you believe in Bitcoin, you buy Bitcoin. And if you’re wary, you stay away. That’s about the simplest way of calculating your investment options when it comes to the world’s most infamous speculative bet.

Of course, you can join the hordes of Telegram and Reddit groups claiming to understand and predict the twists and turns in the cryptocurrency’s price, making you just that much smarter than everyone else. Well done.

But there is another option: Invest in stocks of Bitcoin-related companies, including those that supply the “miners” — the computers that solve the complex algorithms that underpin the cryptocurrency network. That is, buy shovels in a gold rush.

That could be the dumbest bet of all, though.

Read the whole thing.

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(Excerpt) Read more Here | 2021-02-27 06:00:01
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