Post
Topic
Board Bitcoin Discussion
Re: How does the collapse of Bitcoin affect traditional investment?
by
heisenberg0000
on 20/03/2018, 04:09:11 UTC
Bitcoin is hailed as a new generation of investment assets. However, for this emerging investment product, many people are rejected because of lack of professionalism. Can Bitcoin become a new choice for asset allocation for ordinary investors?
I would say yes, since we dont have a central fiat value used in investing towards bitcoin then probably people regardless of their financial level can jump into this investment. Also if you cant afford to buy a whole bitcoin due to your financial capacity, you can only allocate a fraction of your money from time to time in investing. I wouldn't agree with looking as early into collapsing since bitcoin hasn't yet reached its full potential. There are still a lot of room for growth in this industry.