More than a third of millennials and half of Generation Z would be happy to receive 50% of their salary in cryptocurrencies, revealed a study.
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With more than $1 trillion in cryptocurrency value wiped out since the 2021 high-water mark, many investors may be tempted to enter the cryptocurrency orbit at a potentially attractive, lower price point.
After all, previous dramatic drawdowns in cryptocurrency valuations have been followed by explosive growth — and all this volatility could be justified as the expectedly bumpy price discovery process of an important brand-new asset class.
However, the most profound risks to cryptocurrency investing may lie ahead, rather than in the rear-view mirror. Investors contemplating a long-term allocation to cryptocurrencies should remain wary for five primary reasons.
1. Bitcoin’s risk-adjusted return has been ‘unremarkable’
After a dazzling first decade, bitcoin has become a somewhat troubled teenager. In its heady...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...