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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: OK so... no question this Bitcoin rage has a similar look to the dot com bubble based purely on the hype, volatility and the number of cryptocurrency players now involved. Heck, cryptocurrency isn't even a word recognized by spell checker yet. BUT... as we sit back and scoff at it, it appears more and more businesses are starting to offer Bitcoin as a payment option. And now I am reading there are many new innovations coming for 2018 with some prognosticators iterating we could see Bitcoin reaching the $50,000 value. This is a risky and very volatile investment no question, so to bet the farm on it would be ludicrous. And if you do own a hyper wallet, best to make sure you have an excellent firewall. Having said all that, why am I finding this such a tempting investment? And what can you tell me that would dissuade me from starting a 2 or 3% portfolio position in this technology, because I don't think it's going away.

Thanks for all you do

gm
Read Answer Asked by Gord on February 13, 2018
Q: Following your debate on Bitcoin stocks, I've done quite well and doubling on a few that I would NOT have known off except for following your esteemed Q & A. Now I'm trying to decide on GBTC, which I had bought @ $925 and sold half @ 1,826. I still have a few and am debating whether to sell before the CME Futures open on Sunday or wait. Nothing much happened when the CBOT did the same last Sunday. I'll make my own decision, but much value your insights.
Thanks as always!
Read Answer Asked by Austin on December 15, 2017
Q: Hello to 5i team,
I've been reading up on a potential investment opportunity: blockchain technology. More specifically, I'm curious to know your thoughts on applications of the technology outside of Bitcoin and Ethereum which are too volatile for my tastes.
I would prefer to buy shares in public companies that offer the technology to businesses in other sectors and that have the potential to grow steadily long into the future.
These companies need not be geographically limited to Canada. Finally, do you know of any solid sources of information on the technology, in particular the negative aspects such as hackability of the system?
Thanks in advance, Robert
Read Answer Asked by Robert on June 20, 2017