Neighbor News
CRYPTOCURRENCY
Gregory Prato of Prato Capital Management in White Plains discusses Cryptocurrency with Apollo Lupescu of Dimensional Fund Advisors.
Over the past few weeks, several headlines about cryptocurrencies have been eye-popping.
Gregory Prato and Apollo Lupescu join together to make better sense of it for us.
"With cryptocurrency, the value is based purely on supply and demand. It can go higher, or it can go lower. There is no data to support any level of pricing, present or in the future. It looks like the values of cryptocurrencies are based more on speculation than any real data. This is not an investment; at best it is gambling." says Christopher Conway on a recent blog on PratoCapital.com
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