Post
Topic
Board Bitcoin Discussion
Re: Pension funds bringing money to Bitcoin.
by
GreatOrchid
on 08/03/2019, 05:43:37 UTC
It is really interesting that at last some pension funds have wet their feet in cryptocurrency investing. Someone is going to be very happy or very pissed off in the future. What do you think of this? It is really a breakthrough for crypto as an investment?
Source: https://www.bloomberg.com/news/articles/2019-02-12/first-u-s-pension-funds-take-the-plunge-on-crypto-investing
Is it real? Are really peoples putting their money from pension in cryptocurrencies?
If yes, then they might surely be looking for positive side of cryptocurrencies and might be seeing bitcoins on a great height ahead. Bitcoins are great for even holding for a year or two. Most of the percentage of centralised currencies are being entering the decentralised markets and it should really be good for the cryptocurrency markets.
Also this proves that the demand for cryptocurrencies is rising rapidly as even old aged peoples are been putting their pension money into them. This might surely hike up the price.