I am not a big fan of the crypto currencies. I think there will be a lot more losses. Certainly people that got in early, that got in years ago, are cashing out and they made a good amount of money, getting in early. I don`t think you are getting in early now.
There are people who believe that it will go a lot higher though, but my gut feeling is that it`S not going to be the case.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
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