A Quote by Kurt Eichenwald

Bitcoins are not an investment. They are an investment fad that someday could be a real digital currency, but if they continue to behave as they have, they will instead be nothing.

Kurt Eichenwald

Quote Topics

Behave Continue Could Currency Digital Fad Instead Investment Nothing Real Someday Will

Quote Author

Kurt Eichenwald
American - Editor
Born: June 28, 1961

Bitcoins are not a real investment; they are bets inside a casino. If the price goes back up, don't be fooled. In the parlance of popping investment bubbles, it's something called a 'dead-cat bounce.' People who are desperate to keep the game going rush back in, hoping to bring the price back up, but it never lasts.

Kurt Eichenwald

The real investment in life is not so much in the house you have, or the car. Your real investment is what you carry in the heart, and if you carry that passion for anything that you do, then nothing can really stop you. You enjoy the greater moments of everything.

Mike Horn

In the aftermath of the oh-so-predictable crash, the Bitcoin fanatics have begun marshaling out excuse after excuse for why this non-investment investment lost so much of its value so fast. One was that hackers attacked some of the exchanges for Bitcoins and crippled it. Really? A hacker can wreck an entire market?

Kurt Eichenwald

Housing traditionally is not viewed as a great investment. It takes maintenance; it depreciates. It goes out of style. All of those are problems. And there's technical progress in housing. So, new ones are better. So, why was it considered an investment? That was a fad.

Robert J. Shiller

I have an investment in not being crazy. I have a real investment in seeing things straight. This runs counter to that investment, so it required giving up an idea of myself, the idea being that I had control.

Joan Didion

India needs three things for its energy sector: investment, investment, and investment.

Fatih Birol

An investment in knowledge pays the best interest. When it comes to investing, nothing will pay off more than educating yourself. Do the necessary research, study and analysis before making any investment decisions.

Benjamin Franklin

I believe that investment in sports is investment in youth. And that, in turn, is investment in the future.

Naveen Patnaik

Earlier, physical currency used to dominate. Now, mobile currency or digital currency is dominating. For digital currency, fintech is very crucial.

N. Chandrababu Naidu

There is no question that an important service is provided to investors by investment companies, investment advisors, trust departments, etc. This service revolves around the attainment of adequate diversification, the preservation of a long-term outlook, the ease of handling investment decisions and mechanics, and most importantly, the avoidance of the patently inferior investment techniques which seem to entice some individuals.

Warren Buffett

There has almost never been a period of substantial economic growth in the United States without significant investment. And no investment pays off within the same cycle. No investment pays off within the same year - especially a governmental investment. Even businesses don't work that way.

Alexandria Ocasio-Cortez

I hope that my investment into Atomico will become my best financial investment to date.

Niklas Zennstrom

Introducing a social investment tax relief will make investment even more appealing and accessible.

David Gauke

The economy has become seriously unbalanced. Its growth has not been driven by investment or by overcoming Britain's long-standing weaknesses in investment and productivity, particularly skills. Instead, there has been a binge of debt-financed consumer spending.

Vince Cable

On the Glass-Steagall thing, like I said, if you could demonstrate to me that it was a mistake, I'd be glad to look at the evidence. But I can't blame [the Republicans]. This wasn't something they forced me into. I really believed that given the level of oversight of banks and their ability to have more patient capital, if you made it possible for [banks] to go into the investment banking business as continental European investment banks could always do, that it might give us a more stable source of long-term investment.