Latest Articles

The Best Roster Moves for Success in Madden NFL

Making the correct personnel decisions that position you for long-term domination is more important than simply winning games when building a great Madden NFL...

Sejda: A Comprehensive Guide to the Ultimate PDF Editor

Sejda is a powerful online and desktop-based PDF editor that provides users with a seamless experience in managing their PDF documents. Whether you need...

5 Tips to Hire Mini Excavator Services for Your Project

Hiring the right mini excavator service can make your project completion easier. Whether you are clearing land, or preparing a construction site, the right...

Firearm Stores In Houston: Which One Is Right For You?

Locating the best gun shops in Houston may be difficult, regardless of your level of experience with firearms. From hunting rifles and self-defense pistols...

Exploring the Link Between Addiction and Childhood Trauma

Childhood trauma and addiction are intricately connected, with many individuals facing substance use disorders as a coping mechanism for past painful experiences. Research suggests...

Is Twstalker the Best Twitter Web Viewer?

Twitter is one of the most popular social media platforms, enabling users to engage with the latest trends, share thoughts, and follow influential personalities....

Streamline Your Plant-Based Diet with the Vegan Recipes & Meal Planner App

Adopting a plant-based diet is one of the best decisions you can make for your health and the environment. However, planning balanced, nutritious meals...

Estate Cleanout Experts: Comprehensive Property Solutions Across South Florida

Serving: Miami, Jupiter, West Palm Beach, Boca Raton, Kendall, Aventura, Miami Beach, Doral, Palmetto Bay, Coral Gables, Weston, Pembroke Pines, Nob Hill, Lauderhill, Lake...

5 Common SEO Mistakes for 2025 & How to Avoid Them

Search engine optimisation (SEO) continues to evolve rapidly, and businesses in the UK must stay ahead to ensure visibility and traffic. However, many make...

Discovery Plus Login Guide

How to Create a Discovery Plus Account and Log In Discovery Plus accounts unlock a wide collection of documentaries, reality series, and unique material. The...

Sotwe Review: Twitter Web Viewer, Trend Analyzer, and Downloader

Twitter has evolved into one of the most influential social media platforms, serving as a hub for real-time news, trends, and global discussions. However,...

Adventure Awaits: Discovering Koh Lanta National Park and the Journey to Krabi

Koh Lanta, with its pristine beaches and lush tropical landscapes, is a paradise for nature lovers and adventure seekers alike. One of its must-visit...

8 Common Gardening Mistakes (And How to Fix Them)

Gardening should be rewarding, not frustrating. But if your plants keep struggling or your garden isn't thriving the way you'd hoped, you might be...

Is Your Alarm Management System Falling Behind? 6 Signs It’s Time for an Upgrade

Security systems are supposed to make life easier, not add stress. But if your alarm management feels outdated, clunky, or unreliable, it could be...

Common Roofing Problems and How to Fix Them

The Importance of Identifying and Addressing Roofing Problems Your roof is one of the most critical components of your home, protecting your family, belongings, and...
HomeBusinessExploring Crypto World68% of investment execs think clients shouldn't own cryptocurrency

68% of investment execs think clients shouldn’t own cryptocurrency

Cryptocurrency has been a hot topic of discussion in the investment world lately. While some people are proponents of digital currencies, others think they’re a risky investment. Now, a new survey has shed light on how investment executives feel about their clients owning cryptocurrencies.

According to the survey, 68% of respondents believe that clients shouldn’t own digital currencies. So, what’s behind this sentiment? And why do some people think cryptos are a bad investment?

Background on cryptocurrency and why investment execs are skeptical

Investment executives are skeptical of cryptocurrency because it is not backed by a central authority, it is highly volatile, and it is often used for illegal activities. In addition, there is no guarantee that cryptocurrency will continue to be used in the future. Some executives believe that cryptocurrency is a passing fad that will eventually be replaced by more traditional forms of currency. However, others see the potential for cryptocurrency to revolutionize the global financial system. Only time will tell whether a cryptocurrency will succeed or fail.

Recent trends in the cryptocurrency market

In the past few months, there have been some interesting trends in the cryptocurrency market. The most notable trend has been the rise of alternative coins or altcoins. These are digital currencies that are not based on the Bitcoin protocol. Instead, they use alternative protocols such as Ethereum or Litecoin. Altcoins have become popular because they offer some advantages over Bitcoin. For example, they tend to be faster and more scalable.

As a result, many investors have started to invest in altcoins as well as Bitcoin. Another trend that has emerged is the development of new applications for blockchain technology. Blockchain is the underlying technology that powers cryptocurrencies.

It is a distributed database that securely stores transaction data. Developers are now beginning to use blockchain to create new applications such as smart contracts and decentralized applications. This is leading to the creation of a whole new ecosystem of blockchain-based applications.

These trends suggest that the cryptocurrency market is evolving and becoming more sophisticated. This is good news for investors as it indicates that there is still huge potential for growth in this sector.

The pros and cons of investing in cryptocurrencies

Cryptocurrencies have been gaining in popularity in recent years, as more people become interested in alternative ways to invest their money. While there are some potential benefits to investing in cryptocurrencies, there are also some risks to consider. One of the biggest advantages of investing in cryptocurrencies is that they are not subject to government regulation or control.

This means that there is potential for high returns, as the value of cryptocurrencies can fluctuate rapidly. However, this also means that there is a greater risk of loss, as the value of cryptocurrencies can drop just as quickly as it rises.

Another consideration is that cryptocurrencies are still relatively new and volatile, which means that they may not be suitable for everyone. Before investing in cryptocurrencies, it is important to research the risks and rewards carefully to make sure that they are the right investment for you.

How to invest in cryptocurrency if you’re still interested

Despite the recent dip in prices, interest in cryptocurrency remains high. If you’re still considering investing in digital currency, there are a few things you need to know. First, it’s important to understand that cryptocurrency is highly volatile.

Prices can fluctuate significantly from one day to the next, and it’s not uncommon for investors to experience substantial losses. As such, it’s important to only invest what you can afford to lose. Second, you’ll need to choose a reputable exchange on which to buy and sell cryptocurrency.

There are dozens of exchanges to choose from, and it’s important to do your research before selecting one. Finally, remember that cryptocurrency is a long-term investment. It’s best to hold onto your coins for at least a year, and preferably longer. By following these tips, you can avoid some of the common mistakes made by first-time cryptocurrency investors.

Use an Impermanent loss calculator to avoid losses

Anyone who has invested in crypto knows that the markets are highly volatile. One minute your assets could be worth a fortune, and the next they could be worth nothing. This makes it essential to have a plan in place for how to deal with loss. The first step is to calculate your impermanent loss.

This will help you to determine how much you can afford to lose without selling at a loss. There are several impermanent loss calculators available online, so make sure to do your research and find one that suits your needs. Once you know how much you can afford to lose, you can start putting a plan in place to minimize your losses.

For example, you might choose to only invest a certain percentage of your portfolio in crypto, or you might set stop-loss orders to automatically sell if the value of your assets falls below a certain level. By taking these precautions, you can help to protect yourself from major losses in the crypto markets. An impermanent loss calculator is an essential tool if you want to avoid losses in crypto investment

Trending

The Joys of Living in a Luxury Apartment

Great Reasons to Move Into Your Awesome New Home There’s a lot to look for as you search for your perfect home. You’ll want somewhere...

Transforming Lives Through Compassionate Care: Patient Success Stories at Tareen Dermatology

In the realm of healthcare, there are few areas as personal and transformative as dermatology. Our skin is not just our body's largest organ;...

Quick Home Remedies To Fight Off The Infection

Vaginal itching is an uncomfortable symptom that can cause discomfort. When it first occurs, you may think that you have a yeast infection rush...

A Guide To Understanding Sore Eyes: Causes, Symptoms And Treatment

Every single day, our eyes are exposed to a number of natural and man-made elements. We all know that eyes are one of the...

Best car insurance in Calgary

TD Insurance Consumers prioritise pricing, coverage, customer service, and claims processing when choosing Calgary auto insurance. Drivers in Calgary and beyond pick TD Insurance because...

Tips for HVAC SEO: Maximizing Online Visibility and Lead Generation

In today's digital age, having a strong online presence is crucial for businesses across all industries, including Heating, Ventilation, and Air Conditioning (HVAC) companies.  With...

7 Ways Brands Increase Their Instagram Followers

It's time to face reality: gaining more Instagram followers isn't as simple as it used to be.  Gone are the days when posting a photo...

Beyond the Field – Exploring the World of Sports

Sports are a complex tapestry of tales, emotions, and lessons beyond the playing field. Sports represent society's ideals, goals, and progress from grassroots to...

How to Improve Your Customer Service Skills?

If you have a job in the customer service industry, you probably already have some idea of how to improve your skills. Customer service...

5 Benefits of Using Junk Car Removal Services in Melbourne

If you have an old junk car in your garage, there is almost nothing you can do about it. You can’t use it or...