{Investors|Financiers|Capitalists} are still {forging ahead|advancing} with {digital|electronic} {currencies|moneys} such as Bitcoin {and|as well as|and also} Ethereum {despite|in spite of|regardless of} the {recent|current} volatility. {Many|Numerous|Lots of|Several} {experts|professionals|specialists} {and|as well as|and also} {professional|expert|specialist} {investors|financiers|capitalists} still {believe|think} that there are {unprecedented|unmatched|extraordinary} returns {on offer|available}.

1. Bitcoin Price Swings Won’t Hurt Its Asset Value
Perspectives: Experts
teamsteverhyner.com /bitcoin-price-swings-wont-hurt-its-asset-value-perspectives-experts/
Investors are still forging ahead with digital currencies such as Bitcoin and Ethereum despite the recent volatility.
Many experts and professional investors still believe that there are unprecedented returns on offer.
Unknown territory
Investors in traditional markets are not used to seeing swings of 50 percent in a month for an asset, such as what
happened to Ethereum which dropped from nearly $400 to just over $200, as well as experiencing a flash crash.
There has also been a huge correction in Bitcoin price that has seen it fall from its high of $3,000. Despite this
though, predictions for digital currency are still aimed astronomically skyward. It is because of the popularity and
huge increase in uptake that these digital currencies are on the rise, but also due to companies looking into the
technology behind it.
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2. Tipping point
Dave Chapman, managing director of Hong Kong-based commodities and digital assets trading house Octagon
Strategy, believes that the rollercoaster ride is only just beginning and that there is a massive rise around the corner.
“We’re now sort of at a tipping point, where people are now considering Bitcoin or Ethereum or digital assets as
more mainstream,” he told CNBC:
“A lot of the people that we service are actually very comfortable with having one percent of their net
worth into Bitcoin or Ethereum. To them, it’s just a natural extension of all their diversification of their
portfolio.”
Return potential
Traditional investment asset classes such as properties, precious metals or index funds, are now being uttered
alongside these digital investment options which offer almost fanciful return potential.
The volatility of digital currency is something that these traditional investors struggle with the most, but it is a
weighing out of the pros and cons of such fluctuation and returns that are exceedingly attractive from these digital
assets.
The CEO of BTCC, a Chinese Bitcoin exchange, Bobby Lee almost shrugged off the violent price swings that have
been seen this week pointing towards how young digital currency is as an asset.
“It’s not a problem,” he said at the Rise conference in Hong Kong. “If you think about it, the volatility is natural for an
asset class that is so new. There’s no price discovery for it (yet).”
Of course, another factor that has many investors nervous about taking the plunge is that Bitcoin and other digital
currencies are unregulated and decentralized, offering very little protection.
There are steps in countries like China, Russia and Japan, as well as Switzerland, to control cryptocurrency
somewhat but without stifling it.
Re-posted from www.cointelegraph.com by Darryn Pollock July 12, 2017
Certainly, the relative infancy of Bitcoin has had an effect on it’s price swings. Investors simply don’t have
much history to judge against current and future price predictions. One easy way to bypass some of this
uncertainty is to mine Bitcoin. It’s easy to do and is safe and transparent with a United States based mining
operation. Click here for more information. Email: steve@prplus.us
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4. Steven L. Rhyner
Thank you for reading my posts! If you would like to connect, reach out to me on Facebook.
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