We are in the midst of a financial revolution, featuring technological disruptions from the likes of bitcoin. The
digital currency is seven years old now and in this short time-frame, it has been scrutinized, discussed, promoted, banned, checked, raided, accepted, traded, and much more.
Given its volatile price movement, should you consider adding bitcoins to your portfolio? Perhaps.
All investors have to consider risk; so where does bitcoin fall on the risk/reward scale? Barry Silbert, during a
Market Watch Investing Insights event in 2014 said, “It is pretty much the highest-risk, highest-return investment that you can possibly make.”
While most people are dissuaded from buying bitcoins - given the vigilant regulatory eye on digital currencies and
the wild swings it displays – bitcoins has some virtues which may be appealing to some investors. There is a preset cap on the maximum number of bitcoin exchange which can come into circulation, thus the scarcity factor attached to bitcoins adds value to it,
much like gold.
See More @ http://www.nasdaq.com/article/should-investors-consider-adding-bitcoins-to-their-portfolio-cm577313
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