RATE Group | Why I’d buy the Aminex share price before Bitcoin
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Why I’d buy the Aminex share price before Bitcoin

Why I’d buy the Aminex share price before Bitcoin

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I haven’t been endowed with the steel gonads you need to speculate on an essentially worthless investment vehicle such as Bitcoin. Call me old-fashioned, but I like my investments to be backed with real companies running real businesses that own assets producing real cash inflows, or which have the potential to generate cash in the future.

Where’s the value?

For that reason, you’ll be unlikely to catch me speculating on any currency movements at all, even on ‘real’ ones such as the US dollar or the British pound. I think the pursuit of trying to predict the price movements of such ‘markets’ takes you way over to the gambling end of the investing/gambling spectrum.  But most of all, I won’t touch Bitcoin or any of the other cryptocurrencies, which all strike me as being extreme gambling propositions – you might as well bet on coin-tossing as on Bitcoin, in my view.

I can see how the cryptocurrencies draw people in. When a price moves from a few cents to around…

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