Not exact matches
In 2017, the total market for such
currencies topped $ 100 billion as
investors of all stripes
began to embrace them as an alternate asset class akin to gold.
Analysts believe that
investors are gradually
beginning to pay more attention to these assets since they are unrelated to a country's economy — unlike fiat
currencies and other traditional forms of money exchange, which are extremely vulnerable to internal and external economic shocks — leading to the popularity of cryptos such as bitcoin and a few others.
Beginning the year at around $ 997, bitcoin experienced abrupt volatility in the last quarter as the
currency witnessed immense buying interest in the wake of escalating tensions in the Middle East and East Asia, pushing
investors to look at the virtual
currency from the perspective of an alternate asset class with barely any accountability.
As millions of individuals, businesses and
investors are already actively engaged with digital
currencies; and as governments
begin to share guidance and promulgate regulations — there is no shortage of demand for competent professional advice.
This panel delved into «a technology that
began as an alternative digital
currency that has managed to capture the imaginations of thousands of innovators and
investors around the globe.
Story by: AARON HANKIN Digital
currencies begin Monday relatively unchanged as
investors eye important levels ahead for the No. 1 digital
Digital
currencies begin Monday relatively unchanged as
investors eye important levels ahead for the No. 1 digital
currency.
It was perhaps only a matter of time for Bitcoin to be endorsed at such an event as major hedge fund
investors have already
begun divulging capital into digital
currency assets.
Fast forward to 2016 and most Canadian
investors will have enjoyed a double win with that strategy: capital gains on the underlying stocks (especially if they were sold before the big selloffs
began starting last August), plus
currency gains as the loonie started to lose ground to the greenback.
For example, if there is a significant change in the fundamentals of a nation that will result in an interest rate change, this will cause
investors to act and
begin buying or selling the
currency of that nation in line with those changes.
Mid term the value of
currency will
begin to be on the incline and the loss to profit ratio will
begin to stabilize as will
investor confidence and green market share if you will indulge the term, however, these actions must be ever so carefully carried out and exercised with extreme caution.
Analysts and
investors attribute the sharp rise in bitcoin last year to Chinese
investors, who
began buying it up while at the same time selling the yuan amid worries that the Chinese
currency would weaken.
Investors fear that as a result of a decrease in investment in this business, the price of the most popular crypto
currency may fall sharply and reach the price that was at the
beginning of 2017, i.е.
Particularly, casual, professional, and institutional
investors are
beginning to adopt bitcoin as a safe haven asset, digital
currency, and a store of value.
Furthermore, the retail
investor and the layman are
beginning to learn of digital
currencies, and are becoming interested in incorporating digital assets into their portfolio.
However, most experts agree that this is the
beginning of the end for virtual
currency investors who have skirted their tax liability.
The hopes are high that the
currencies can
begin to slow down on their volatility levels, and provide a good way for
investors to invest their money.
2018 could very well be the year we see cryptocurrencies
begin to move away from their primitive status as speculative commodities for
investors and become al genuine way for people to manage and spend their crypto
currencies with confidence, knowing its value is stable and that the software is backed by names such as Apple.
Every time a crash occurs in the market of cryptocurrencies, it alerts
investors to
begin selling off all their
currency as they have fear that the bubble has popped.
Every time a crash occurs in the market of cryptocurrencies, it alerts
investors to
begin selling off all their
currency...