Iconic Tour If you took a chance on bitcoin early onjust a few years ago, your investment could have paid off in a big way.
This estimate does not include any additional fees or accounting option costs. That's a tremendous profit in just a few years.
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If you were smart, or lucky, enough to invest even earlier, inyou could be in the company of the Winklevoss twins, who are reported to be the first bitcoin billionaires.
As bitcoin has gone more mainstream, some of the biggest names in finance are weighing in.
Fundstrat's Tom Lee and value investor Bill Miller have embraced the trend. But even with many success stories surrounding bitcoin investments, seasoned investors are voicing caution.
Bitcoin earnings 1000 investor and index fund mogul Jack Bogle, at a recent Council on Foreign Relations event, told the audience, ". There is nothing to support bitcoin," he said, "except the hope that you will sell it to someone for more than you paid for it.
Robbins told that he thinks bitcoin "is very iffy" and compared investing in the cryptocurrency to "going to Vegas. For those investments, he said, "I know it is just for fun I'm investing, I know I could lose.
Past returns do not predict future results. Think of it like a trip to Vegas, experts like Robbins suggest: Only play with money you can afford to lose.