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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 18/Mar 17:03

5-minute Bitcoin bets ‘are plain gambling’

Five-minute Bitcoin bets is more akin to gambling, not investing, and could damage the reputation of a serious financial asset, a leading crypto advocate has warned, drawing a clear line between speculation and investment. The CEO of a leading independent financial advisory warned that a new craze is sweeping crypto, as ultra-short-term wagers surge in popularity, pulling in retail traders chasing fast gains while exposing themselves to sharp, asymmetric risks. Trading tied to binary-style crypto bets lasting minutes has climbed rapidly, with tens of millions of dollars now being placed daily on whether digital assets will rise or fall over

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