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Kip McDaniel
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The FOMO Investor’s Bitcoin Bet
The two largest cryptocurrencies have had explosive years. Logic would suggest it’s not time to buy. So — of course — one Alpha editor did the opposite.
Kip McDaniel December 17, 2025
2017-11-alpha-kip-mcdaniel-essayist-small.jpg

     Illustration by John J. Custer.Like an idiot, I did it. I bought Bitcoin. Or 0.0134 Bitcoins, to be exact.Late to the party, I admit. The cryptocurrency began the year priced at $1,000 per coin; in mid-November it was hitting a record high

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