Gosling's Grouse: The psychology of investors

Boom in Bitcoin

clock
Investment Week founding editor Lawrence Gosling
Image:

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...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Markets

Industry Voice: Not All Currencies Are Made Equal, So Don't Treat Them as Such

Industry Voice: Not All Currencies Are Made Equal, So Don't Treat Them as Such

Selective currency hedging may boost yields and add stability

Michael Walsh, Multi‑Asset Solutions Strategist at T. Rowe Price
clock 20 May 2022 • 3 min read
UK consumer confidence hits record low as the cost of living crisis deepens

UK consumer confidence hits record low as the cost-of-living crisis deepens

Report by GfK

clock 20 May 2022 • 1 min read
Alex Hoctor-Duncan of River and Mercantile Group

FCA approves AssetCo takeover of River and Mercantile

Important milestone in transaction

Lauren Mason
clock 19 May 2022 • 1 min read
Trustpilot