“Deciding to invest in the fast-paced, ever-evolving digital assets market can seem daunting. In the past, people were often hesitant to invest in digital assets – namely cryptocurrency – because of their inherent volatility and associated risk. But the tides are changing, particularly as the global cryptocurrency market has grown into a flourishing, multi-sector ecosystem since bitcoin’s (BTC) 2009 debut.”
“…bitcoin has been called the best-performing asset of the decade, yet its price heavily depends on a number of factors, including supply and demand, investor sentiment and the media hype cycle. Even the most-prominent and well-capitalized cryptocurrency experiences fluctuations, resulting in positive returns and, at times, losses.
When an investment portfolio is constructed in a professional manner, volatility has the potential to be a portfolio enhancement rather than a disadvantage. That’s because advisers have the expertise to help by setting frequent rebalances and buying and selling orders at certain thresholds. We’ve seen this play out time and time again as the adoption curve for digital assets has ramped up over the years.”
While I don’t 100% agree with everything in this piece, it does a great job of debunking some of the most common misconceptions I see when talking to investors and those new to the crypto sector in general.