REASON YOU SHOULD BE HOLDING CRYPTO
Many would-be investors, outside the cryptocurrency space, are probably looking in and wondering what it’s all about. Governments have been very anti-crypto until recently, but now they seem to be warming to it. Should you be investing in crypto?A New Asset Class To Be Laughed AtYou may have been investing in the stock market, and perhaps you hold bonds and other traditional assets. You may have had a quiet laugh at the rather silly crypto asset class that just appeared on the scene several years ago. All the important leaders of financial institutions queued up to say their piece on crypto, and it really wasn’t positive. In fact, all of them thoroughly denounced the likes of Bitcoin as a fraud and a go-to only for money launderers and those looking to take part in all sorts of other criminal skullduggery.Outperforming Everything - In Spite Of HeadwindsNevertheless, in spite of all these dire warnings, total bans by the likes of China, massively unfriendly stances by government watchdog agencies, and swingeing and penalising regulatory rules, Bitcoin, and some of the other more innovative cryptocurrencies, appear to have thrived.As a matter of fact, they haven’t just thrived, but they have outperformed stock markets, precious metals, and basically, any other asset class out there.