Bitcoin Is A Beautiful Mess – Bitcoin USD (Cryptocurrency:BTC-USD)

Bitcoin under fire

In a recent article from The Washington Post, Bitcoin (BTC-USD)(COIN)(OTCQX:GBTC) was called a Total Disaster. The Author of this piece, Matt O’Brien cites the high price volatility, price manipulation, and the insanity of Libertarians who seem to believe that it’s possible to live in a society without trust.

I’ll save my criticism for now. In fact, let’s run with this idea. To tell you the truth, there are a lot of things going on right now in the cryptocurrency space that are real issues, big issues. If you’re an investor, then you should care about managing risk. After all, it was Warren Buffett who said:

“Rule No. 1: Never lose money. Rule No. 2: Don’t forget rule No. 1”. – Fool.uk quoting Warren Buffett

The problems with Bitcoin today

Bitcoin is not an investment for the risk averse. In fact, for many people; investing at this stage might not make sense at all. Here’s why:

• Because of Bitcoin’s nature as a bearer instrument, it has become a high…