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Since 2008, Bitcoin and cryptocurrency have made waves as alternative assets of the future. Bitcoin in particular was the first cryptocurrency that emerged from the ashes of the 2008 financial crisis.
While its original premise was to provide individuals with an alternative and decentralized financial framework, it is safe to say that Bitcoin has moved beyond the initial vision that its founder had. Today, Bitcoin is all over the news. With the currency hitting new highs almost every other week, many investors have been wondering whether it makes sense to invest in it.
Our stance on this topic hasn't changed from our previous works. In our earlier book, Bear Market Investing Strategies, we noted that Bitcoin is a great alternative asset to hedge U.S. Dollar fluctuations.
We also recommended investing no more than 10% of your portfolio into it. Bitcoin's recent price appreciation hasn't changed our views. You can hedge your portfolio against a broad financial collapse while benefiting from price appreciation in the meantime.
Bitcoin has been around long enough for us to draw intelligent conclusions around its behavior as an asset.
Our experience with it dates back to 2013, and cryptocurrency has experienced a wild ride since, to say the least.
- Format: Pocket/Paperback
- ISBN: 9781804319703
- Språk: Engelska
- Antal sidor: 112
- Utgivningsdatum: 2022-01-09
- Förlag: Valentina Strabioli