Bitcoin is all the rage — again. As the cryptocurrency bubble deflates once again, many late-to-the-party speculators will be left holding the bag.
As someone wise once said, “Fool me once, shame on you. Fool me twice, shame on me.”
As Bitcoin and all the other “worthless” tokens plunge in price again, while Facebook’s Libra euphoria fades away with every negative comment spoken of by regulators, pundits, and other smart folks, investors would be wise to look to non-pure plays for their crypto exposure.