ThomasTV2 Posted December 14, 2019 #1 Posted December 14, 2019 Hey everyone! Just saw this post a few minutes ago and it raised a question in my mind about investing in traditional assets when there is stuff like crypto. I did not really think about how the investments in the crypto market could out preform other assets in the world! What are your thoughts? What does your portfolio look like right about now, all cryptos or a mixture of "normal" assets and cryptos? Source: https://www.coindesk.com/cryptocurrency-is-still-the-worlds-best-performing-asset-class-this-year
coeghacked Posted December 21, 2019 #2 Posted December 21, 2019 quite interesting news, thank you for the information see its development until now crypto is still much in demand especially since many countries also support transactions using crypto
Mikehoncho Posted December 21, 2019 #3 Posted December 21, 2019 On 12/14/2019 at 4:07 PM, ThomasTV2 said: Hey everyone! Just saw this post a few minutes ago and it raised a question in my mind about investing in traditional assets when there is stuff like crypto. I did not really think about how the investments in the crypto market could out preform other assets in the world! What are your thoughts? What does your portfolio look like right about now, all cryptos or a mixture of "normal" assets and cryptos? Source: https://www.coindesk.com/cryptocurrency-is-still-the-worlds-best-performing-asset-class-this-year What about your thoughts? You didn't share. Me personally the article was confusing. I honestly didn't understand it
williamshennie9 Posted December 23, 2019 #4 Posted December 23, 2019 Yes, from an opening balance of around 3500 USD for bitcoin, to a closing balance of around $7300 at the end of 2019, bitcoin and other cryptocurrencies have really had a good year
wry Posted December 23, 2019 #5 Posted December 23, 2019 This is pretty exciting news because it is hard for mainline and institutional individuals to ignore. Everyone said Bitcoin was a bubble and kept waiting for it to crash, and it did drop, a lot, but now it's bounced back and haters are going to need a better excuse to dismiss it. The simple fact is that Bitcoin is a put option on the current monetary payment system.
nuuuitsjdragon Posted December 24, 2019 #6 Posted December 24, 2019 For some reason, I read the title as "Worst-performing Asset Class" until I did a double-take. No surprise since that performance (if positive) easily outranks everything since the volatility of Crypto-assets are extremely high as well. When it starts dipping... it'll be the worst-performing asset class, hah.
wry Posted December 24, 2019 #7 Posted December 24, 2019 6 hours ago, nuuuitsjdragon said: No surprise since that performance (if positive) easily outranks everything since the volatility of Crypto-assets are extremely high as well. When it starts dipping... it'll be the worst-performing asset class, hah. Actually, this is a good point, giving its volitality Bitcoin can be the best and the worst asset class within the same year! Still, this year is an up year, and after so many outside the crypto world said it would die along with tulips, or was a ponzi, I am savoring, SAVORING, this development!
nuuuitsjdragon Posted December 25, 2019 #8 Posted December 25, 2019 7 hours ago, wry said: Actually, this is a good point, giving its volitality Bitcoin can be the best and the worst asset class within the same year! Still, this year is an up year, and after so many outside the crypto world said it would die along with tulips, or was a ponzi, I am savoring, SAVORING, this development! Which is exactly why there needs to be more cautious limits for those who are heavily invested into the Crypto-market. For a decent period of time now, the price movement has been relatively stable - although knowing the possibility of a sharp downward trend, we had best be prepared. 😁
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