Call me old-fashioned, but I’ve never fancied cryptocurrencies as an investment. Even less so after the hacking of crypto platform Binance late last week, resulting in the stealing of customers’ digital assets worth $6.3billion (£4.7billion).
Being honest with you, I don’t 100 per cent understand how cryptocurrencies work and the last time I didn’t fully ‘get’ an investment – a holding in a Japanese warrants fund I won as a prize in the early 1990s – it failed me.
Golden rule number one: never hold an investment you don’t fully understand.
Crypto assets don’t tick any of my investment safety boxes. They have
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