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Speaking on Fox Business this week, the Gartman Letter editor and publisher Dennis Gartman explains why investors should steer clear of bitcoin, the controversial cryptocurrency, warning that it’s the “tulip mania” of the 21st century.
"You should be involved in blockchain but avoid Bitcoin," Gartman advises. "The two are, for improper circumstances, they are considered to be synchronous with the other but they are divergent. They are completely different."
Gartman explained further: "The blockchain is going to change the manner in which we trade 24 export units. It's going to change the manner in which we trade stocks."
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