The Ten Rules of Bitcoin Investing: Rule No. 1

May 1, 2020 • 3 Min Read

(’s head of research Tom Lee revealed the first five of his ten rules of Bitcoin investing on April 23 and gave an updated outlook for the remainder of the year. The webinar is available on the website and the following is a condensed version of his comments. This is the first in a series of 10 reports from his webinar, one for each of his rules. Stay tuned for the next one.)

The Ten Rules of Bitcoin Investing

Cryptocurrencies and Bitcoin (BTC) have been around for over a decade, a time period in which they are solidly up. However, as an asset class the believers in it are few, to go by the minuscule amount of money invested, 0.1% of the total, vs. other financial assets.

Still, as I have noted before, Bitcoin has shown and continues to show great resilience, such as during the financial turmoil of 2020, for example.  Earlier in the year, I gave a 2020 outlook that proposed the escalation of geopolitical risk, the coming halvening and the U.S. election year as the three major positive developments for Bitcoin in 2020. These 3 developments supported Bit...

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