Every time my hairdresser starts talking about the investment case for an asset class I know it’s time to get out.— Warren Ingram, Galileo Capital Financial Advisor
Every time someone wins the lotto, and I haven’t bought a ticket, I haven’t lost anything.— Warren Ingram, Galileo Capital Financial Advisor
Bitcoin was worth less than 10 US cents in 2010.
On Monday it broke through the $10 000 barrier.
It has since come down to $9481.
Back in June Ingram warned listeners to be careful before taking the plunge, as Bitcoin seemed to have all the characteristics of a classic financial bubble.
Listen to the interview in the audio below (and/or scroll down for more quotes from it).
Cryptocurrencies are going to be an extremely efficient way of transacting in the future.— Warren Ingram, Galileo Capital Financial Advisor
Everybody who is in is almost fundamentalist in their belief…— Warren Ingram, Galileo Capital Financial Advisor
It doesn’t pay interest… very similar to gold…— Warren Ingram, Galileo Capital Financial Advisor
All the Bitcoin fundamentalists are going to abuse us again.— Warren Ingram, Galileo Capital Financial Advisor
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Recommendedby NEWSROOM AI
Bruce Whitfield interviews John Oliphant, former Principal Executive Officer at the Government Employees Pension Fund.
Taxpayer? You may want to check this out. Bruce Whitfield interviews Pieter du Toit, Assistant Editor of In-depth News at News24.
A look at how our desire for spice changed the world and how it continues to do so.
The Money Show’s Bruce Whitfield interviews Rui Morais, CFO at Dis-Chem Pharmacies.
Testimonies at the Sars Inquiry has many South African taxpayers panicked. Bruce Whitfield interviews Sars' Mark Kingon.
Is the spectacular rise in the value of Bitcoin realistic? Bruce Whitfield interviews Personal Financial Advisor Warren Ingram.
Deputy Editor at Financial Mail, Sikhonathi Mantshantsha, seems to be finding excuses as to why its leaders are in trouble.
The Money Show’s Bruce Whitfield interviews Madzonga, who claims innocence and that Chairperson Tshifhiwa Matodzi lied to him.
Here we go again… The Money Show’s Bruce Whitfield interviews Africa Connected Host Lee Kasumba.
Some of the women who used these tests shared their heartbreaking stories with Business Insider Online.
Marc Sevitz of Tax Tim says it is scary to think the system might collapse and taxpayers will have to file manually.
Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.
News 24 investigative journalist Kyle Cowan reports that Zuma was granted the loan despite the fact that he could not afford it.
Claims have been made that the perfume industry don't want consumers to know the real cost of making these products.