More than 1 in ten American investors traded Cryptocurrency in the past year alone, according to a recent survey, an indication of the continuing popularity of digital currencies as an investment opportunity. ” Cryptocurrencies may have staying power, but the hunch is they will continue to gap other investment opportunities for the near future,” said Brian Keelan, Executive Director of Calvert Multiple Investing. “ICO’s (investments in private corporate securities) have been lagging behind the stock and bond sales for some time now,” Mr. Keelan went on to say. “With earnings potential doubling or more from their current levels every six months, the savvy investor has never been more inclined to embrace new technologies in their search for yield.” Brian Keelan is an award-winning financial advisor with decades of experience working with top fund managers and private corporate investors.
He went on to explain how the rapid growth in the sale of Cryptocurrency is having a positive impact on the marketplace. In the survey, Mr. Keelan noted that investors are increasingly using both “bit-USD” and “bit-SFX” as methods of investing. A simple search on the internet will yield hundreds if not thousands of results for these two terms. The top results in this regard come from Wealthy Affiliates and Shape Investing.
“If you were looking for a market to invest in if you had only a small amount to invest, then the answer is Cryptocurrency,” said Mr. Keelan. “If you have a larger investment to spread across many different assets then the answer would be stocks and bonds.” A simple search on the internet will yield hundreds if not thousands of results when it comes to looking for these two alternative investment vehicles. However, the survey finds that the vast majority of investors are presently trading them.
The question was posed, “In your opinion, which came out as the better option over the last year?” The overwhelming response was Bit-USD over stocks and bonds. Mr. Keelan went onto explain that this was not an absolute fact and that he had spoken to many traders who were shifting their portfolios from one asset group to the other in order to make a profit. However, the overwhelming majority of the survey found that people were trading both because of high profits.
As one can surmise, the above information provides insight into why there is such a large demand for Cryptocurrency investment vehicles. One of the most bullish aspects of this new development is the fact that trading on the Forex market is no longer taboo. Previously people who wanted to get into the market were shut out by larger financial institutions that controlled the distribution channels. Smaller banks and brokers were simply not allowed in. However, with more people being able to tap into this new market, it has become possible to get into the market for day traders or short-term investors.
This is also the same reason why this industry has experienced such explosive growth in terms of its customer base. Previously only Wall Street insiders and larger brokerage firms were the only way to achieve a position in this market. However, because more individuals have been able to enter into this market via online brokerage accounts, it has also given rise to a new breed of investor that is more risk-averse.
This new breed of investors does not like the fact that they have to follow strict money management rules in order to maintain their positions. In addition, these new investors also do not like the slippage that some of their funds may experience. With that said, it is also true that the investment plan used by the broker or firm they are trading with will help keep losses to a minimum. In the end, this can translate into lower risks for these investors.
Truly, this is one market that has experienced an unbelievable uptrend over the last few years. The upside of this trend, however, has also led to a more volatile environment in which traders play. With that said, this uptrend has created opportunities for smaller, inexperienced traders who were previously unable to participate in the very competitive Forex markets. While inexperienced traders do experience risks, the upside is also large enough for many of them to generate a substantial second income. Therefore, Cryptocompasses and other related products provide new and innovative methods of accessing the Forex markets for daily trading profits.
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