Entries by Matt Grossman

Why did Ray Dalio warn investors from holding Bitcoin?

Ray Dalio, multi-billionaire and founder of investment firm Bridgewater Associates, said investors should not miss out on traditional markets, CNBC reported on Jan. 21. Dalio warned from holding Bitcoin, saying that it’s neither a medium of exchange nor a store of value. Dalio was interviewed at the World Economic Forum in Davos, Switzerland, where he advised investors

New Bill In Congress Could Have Massive Impact On Bitcoin, Ethereum, And Other Cryptocurrencies

Last Thursday, the Virtual Currency Tax Fairness Act of 2020 was introduced in Congress. The bill has the potential to solve a major issue with payments made via Bitcoin, Ethereum, and other major cryptocurrency networks in that an exception would be created for the potential capital gains taxes that often occur when these digital assets are

These Five Altcoins Crushed Bitcoin’s 2019 Returns

2019 was the year of Bitcoin, which stole the spotlight from the rest of the crypto industry, including altcoins like Ethereum, Ripple, and Litecoin. However, a small handful of altcoins vastly outperformed Bitcoin, and crushed even the returns that BTC brought investors during its year of bullish price action. The Top Performing Crypto Assets of 2019

What to tell your family about bitcoin this Thanksgiving

Every holiday conversation about cryptocurrency over the last few years boils down to one question: Should I buy some? Whether your grandma corners you in the kitchen or your uncle nudges you during dinner, it seems everybody wants to know if they can make a quick buck off bitcoin. Hope springs eternal. As you settle in for the

Bitcoin Is Crashing Again

Bitcoin is going down. It is in a bear market. That is bad news if you are a short-term holder and good news if you are a long-term acquirer. I reiterate, all you need to know is which way bitcoin (BTC) is going in the long term to develop a very profitable strategy. Get the