Do you understand bitcoin well enough to invest in it?

Author and self-styled investment diva Kiana Danial was recently asked by a television interviewer about her expectations for bitcoin over the next 12 months. She replied, “I don’t give price predictions,” after which she predicted that the price would triple in the next year. Never let logical or linguistic consistency get in the way of a good story.

The price of bitcoin, the most well-known of cryptocurrencies, has almost doubled this year, attracting attention from both serious…


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