Tuesday, October 31, 2017

Crypto News: 5 Questions Bitcoin Traders Can't Answer

5 Questions Bitcoin Traders Cant Answer

As a bona fide cryptocurrency skeptic, I'm of two minds on Bitcoin and other cryptos. One, I don't think we know enough about them to invest in them as if they were stocks and bonds. The transparency isn't there.

But I also think that the tide of technology and investors isn't going to be stopped any time soon.

Regulators, of course, are concerned about cryptos. Vehicles are started up every day to invest and speculate in them. According to the Financial Times, the U.K.'s Financial Conduct Authority is eyeing new trading platforms that allow you to bet on crypto movements with as much as 30:1 leverage on derivative contracts linked to Bitcoin.

Where is this all going? As Bitcoin prices blow past $6,000 a share, millions of investors want a piece of the action. Yet there are far too many questions to answer before cryptos become mainstream investments.


Full story at http://bit.ly/2xGFuKx


Source: Forbes


Tweet This Story

 

 

 

Donation:
If you appreciate the things I share, consider making a contribution
no matter how small via PayPal or with TransferWise (EUR).
If you use Waves my wallet address is: 3PPeCnXEDAiRVzvsuGRycrNDHhWgDq68uVt
If you use Bitcoin my wallet address is: 12pAsyMdZoTHPvkiRAZiuQhC8bF4DLbYpQ

Bitcoin QR-Code

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Copy and paste this code into your pages.