Topic: [2016-07-22]resourceinvestor.com]Large investors become major buyers of Bitcoin (Read 365 times)
July 24, 2016, 07:39:05 AM
Having diversified portfolio is a must for large investors to protect their assets. If before, they only invest in traditional businesses, real estate, commodities and paper assets like stocks and mutual funds, the entry of digital currency is an opportunity for them to manage their risk since they know for sure that some people already lost trust of the fiat currency. They have learned their lesson on the market crash on 2008 and by investing in something new that's already making a name in the digital world, it would be an advantage and protection to them especially that the value of bitcoin increase drastically in less than a decade. Due to its deflationary nature, according to some people, it is expected to raise in value hence it encourage investors to invest in bitcoin.
July 23, 2016, 04:58:35 PM
Large investors become major buyers of Bitcoin
The world has woken up to the fact that the central banks are a curse, rather than a boom to the global economies, and their time left is slowly coming to an end because of new technologies and currencies.
People are starting to park their money in digital currencies, like bitcoin, rather than parking them in fiat currencies. This is primarily due to the negative interest rate policy as well as zero interest rate policy of the central banks, which explains the sharp rise in the price of bitcoin, this year as seen in the chart below............
http://www.resourceinvestor.com/2016/07/22/large-investors-become-major-buyers-bitcoin
The world has woken up to the fact that the central banks are a curse, rather than a boom to the global economies, and their time left is slowly coming to an end because of new technologies and currencies.
People are starting to park their money in digital currencies, like bitcoin, rather than parking them in fiat currencies. This is primarily due to the negative interest rate policy as well as zero interest rate policy of the central banks, which explains the sharp rise in the price of bitcoin, this year as seen in the chart below............
http://www.resourceinvestor.com/2016/07/22/large-investors-become-major-buyers-bitcoin
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