Well, big investors, such as insurers and pension funds, should invest part of their assets in cryptocurrency as Bitcoin. “Despite the disadvantages, and with a view to the long term,” says the American investment advisor Cambridge Associates.
Big investors have to “start exploring” the field of cryptocurrencies, the consultancy points out in a report from which the Bloomberg press agency cites. “Take a lot of time to learn.” But putting money in Bitcoin and other virtual currencies is recommended: “The risk of these investments is high, but they can turn the digital world upside down.”
Bitcoin and other cryptocurrencies are of course notorious for their high peaks and deep valleys. That is also the reason that so far no Dutch pension fund or other large investor wants to venture for the time being. Supervisors AFM and De Nederlandsche Bank also do not want to see it happening, but they can not forbid it. Dutch bank ABN Amro has previously started research into its own Bitcoin wallet, so called “the wallet”. The bank tests it currently under five hundred customers.
The Bitcoin ended the last six months with loss, but February may become the exception. The currency rose from 8 February. That a commissioner of the American stock market watchdog SEC was positive about trading in the virtual currency helped, pushing Bitcoin over $3800 today. So far, the American stock market watchdog has been very cautious about an ETF, which allows investors to trade on the stock exchange in Bitcoin.
Let’s stay tuned for update!
Ad Astra my friend :)
This is not financial advice. I don’t take into account of your personal investment objectives, specific investment goals, specific needs or financial situation and makes no representation and assumes no liability to the accuracy or completeness of the information provided here. The information and publications are not intended to be and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation. Any expression of opinion (which may be subject to change without notice) is personal to the author and the author makes no guarantee of any sort regarding accuracy or completeness of any information or analysis supplied.
hey are you on whaleshares by any chance? i think I saw you there some days ago but now I can't find your account :/
whaleshares?
It's a platform like steemit: http://www.whaleshares.io
I guess I was wrong, sorry for wasting your time :p