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The New Investor’s Guide to Bitcoin: How to Start and What to Avoid

You don’t need to believe in Bitcoin. But you probably shouldn’t ignore it.

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If you’ve spent any time with my previous Bitcoin articles, you’d probably come away with a pretty clear impression.

I’m not exactly a fan.

I’ve written about the flaws. The circular logic. The way the narrative seems to expand and contract depending on price action. When it’s going up, it’s the future of money. When it’s going down, it’s suddenly a long-term store of value.

That alone should make any investor pause.

So, no — I’m not building my financial future around Bitcoin. I’m not sitting around waiting for it to replace the dollar or rewrite the global financial system.

But here’s the lesson markets have taught me over the decades — I may be fundamentally correct — but asset prices don’t have to listen.

I’m a Hypocrite

Not really, but here’s the part that surprises people — I own some.

Not much. Not even close to much.

I’ve kept it for years probably as more of a curiosity than a real investment. If Bitcoin goes to $1 million — I’ll have a windfall of hundreds…