Cryptocurrencies

Risky Crypto Bet Dents Dennis Gartman's Retirement Account

  • ‘Commodities King’ has bad day as Riot Blockchain shares tank
  • CNBC exposé sent stock plummeting 33 percent in one day

Bitcoin: What’s Coming in the Year Ahead

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Making big bets on speculative assets with retirement money is something most advisers warn against, but Bitcoin fever is prompting all sorts of puzzling decisions.

For 67-year-old Dennis Gartman, the longtime publisher of a namesake daily investing newsletter and television commentator, that was putting a volatile stock called Riot Blockchain Inc. in his very own retirement account. The wager is proving to be painful.