30% of British investors aren't planning to invest in Bitcoin because they're worried they have 'missed the boat.'
A new survey suggests that Bitcoin’s high price may be putting off curious investors.
Stephen Kelso, head of capital markets at ITI Capital, was quoted in the think tank’s report as saying:
“Many traditional investors are still cautious of cryptocurrency’s volatility, and have been cautious about adding it to their investment portfolios.”
A Nonsensical Argument?
Some heavyweights in the crypto space have reacted with exasperation at this sort of mentality.
“If you are reading this, you are early to Bitcoin … Don’t fixate on the past, focus on the future potential.”
Another quirky example he gave came from Forrest Gump, who famously says in the film that he doesn’t have to worry about money because he invested in “some kinda fruit company.” The Gemini executive added:
“He was referring to Apple in 1994, pre-iPod, pre-iPhone, etc... that's Bitcoin today. So much more left to go.”