Cryptocurrency is not an investment but a gamble.
It's value expressed in relatively stable currencies - £ or $ - has fluctuated wildly based almost wholly on market sentiment, not rational objective criteria - eg: GDP growth, interest rates, etc.
As a gamble backing a horse or playing the tables is cautious by comparison.
Friedman - those who lost money (either personally or on behalf of clients) should be named and shamed. With billions at their disposal to invest as they saw fit, were evidently completely deficient in judgement and due diligence. A fool and their money are easily parted.
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Cryptocurrency 
