Ted Bauman Reasons He is Sceptical about Investing in Cryptocurrencies

For many people who are looking to invest in the stock market or any other kind of investment tools, doing proper research beforehand is highly suggested. It is such advice that one can find in the financial newsletters, such as Plan B Club, Alpha Stock Alert, and The Bauman Letter. All the above-mentioned financial newsletters are edited by Ted Bauman, one of the most prominent financial experts on the planet today with nearly three decades of experience. He grew up in Maryland and was born in Washington D.C. At a very young age, Ted Bauman shifted his base to South Africa, where he joined the University of Cape Town to complete his studies. It is at the Cape Town University, where he completed his post graduation in History as well as Economics.

Ted Bauman believes that people should be aware of the latest developments in the financial markets to be able to make the most of their investments and make an informed choice about their investments. Ted Bauman, as the editor at Banyan Hill Publishing, has helped hundreds and thousands of people get the insight they need to make the most of their investments in the stock market and other investment options. As far as Bitcoin and other cryptocurrencies are concerned, Ted Bauman feels highly negative about it and has been vocal about it as well. Read more at banyanhill.com to know more on Ted Bauman

Ted Bauman feels that the cryptocurrencies are still at an infant stage and not yet completely developed. Ted Bauman said in one of the articles recently that Bitcoin processing time is a bit too high for the modern, fast-paced world and other traditional institutions like Visa can carry out millions of transactions every second, which Bitcoin is unable to manage. Ted Bauman feels that it is a problem that is going to cause a lot of problem for the cryptocurrencies in the future, and unless this problem is addressed, investing in Bitcoin would continue to be risky propaganda.

Even though the price of Bitcoin has risen in the past year, it was only last month that the price started to decline. Ted Bauman feel that it is due to the reason that most of the investors of Bitcoin were taking their profits and leaving since they have already realized that Bitcoin is a bubble waiting to be burst. Till the problems of Bitcoin transactions is not fixed, the prices of Bitcoin will likely to fall further in the coming months. Visit: https://stocktwits.com/tedbauman