Jun 25, 2021
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Investors consider cryptocurrency “rat poison in a square”

A large international agency Reuters said that a number of successful investors compare digital currencies with “rat poison”.

JPMorgan analysts conducted a survey, finding that only 10% of investment companies are engaged in cryptocurrency trading. Most market participants expect regulators to tighten measures in relation to alternative means of payment.

More than 90% of those surveyed believe that fraud is quite common in this industry. At the same time, many agree with the statement of the famous investor Warren Buffett. He called bitcoin “rat poison squared” – a third of those surveyed agreed with him. About 16% of respondents consider digital assets to be a temporary hobby, the media write.

At the same time, the most popular cryptocurrency continues to fall in price. So, recently, bitcoin lost 7% of its value in half an hour.

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