Gosling's Grouse: The psychology of investors

Boom in Bitcoin

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Investment Week founding editor Lawrence Gosling
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Investment Week founding editor Lawrence Gosling

One of my millennial colleagues triumphantly told me the other day that his Bitcoins were now worth £9,000 and at that rate he would have paid off his student debt by the end of 2018.

It did not take a full fact-find to burst his bubble. Indeed, the following day, the South Korean government said it would look to ban the trading exchanges for cryptocurrencies and the price for Bitcoin...

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