Sure if you want to do this type of gambling.

Photographer: Oli Scarff / AFP via Getty Images

Photographer: Oli Scarff / AFP via Getty Images

If you believe in bitcoin, buy bitcoin. And if you are careful, stay away. This is the easiest way to calculate your investment options when it comes to the world’s most infamous speculative bet.

Of course, you can join the hordes of Telegram and Reddit groups who claim to understand the twists and turns in the price of cryptocurrency and predict what will make you so much smarter than anyone else. Well done.

But there is another option: invest in the stocks of bitcoin companies, including those that supply the “miners” – the computers that solve the complex algorithms that underpin the cryptocurrency network. That said, you’re buying shovels in a gold rush.

However, that could be the stupidest bet of all.

Read the whole thing.

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Brooke sample at bsample1@bloomberg.net

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Tracy Walsh at twalsh67@bloomberg.net

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