Dennis Gartman, the commodity king, still hasn’t purchased any digital coins. Why? Because he is scared of buying something called cryptocurrency, including its most popular representative, the bitcoin!
Yep, cryptocurrency is being accepted more and more, even by trading platforms, for trading. Though this doesn’t sound convincing enough for the commodity king, whose expertise in commodities dates back to 1970 when he helped some companies to manage their futures divisions.
The main problem of cryptocurrency, and bitcoin in particular, is the high volatility level, he claims. Investing in something that is so changeable is highly risky and does not have much sense for him.