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Asian Wealth Management Forum 2019 SG - Exclusive Insights - Joshua Rotbart - 2

Joshua Rotbart of J. Rotbart & Co.

May 29, 2019

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1. Are cryptocurrencies taking investors' attention as the new gold?

Video transcript

1. Are cryptocurrencies taking investors' attention as the new gold?

Cryptocurrencies took some of the attention that was paid to gold because they appreciated so much. But what we realised in 2018, that's one thing cryptocurrencies are not, they're not store value. So to say that Bitcoin is the new gold is incorrect in terms of the fact that it cannot protect your wealth. It's very volatile, very speculative. It is a high risk investment, maybe a good investment, maybe not, that's not up to me. But it's not the store value.

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