Don’t be surprised if you hear about friends of yours sticking their retirement dollars in cryptocurrency in 2018. Be even less surprised when a cryptocurrency exchange-traded fund or index fund appears on the New York Stock Exchange.
One thing is certain. We’re past the point where Bitcoin is a niche interest. The financial news pages have been littered with stories about Bitcoin this year — where it’s been and where it’s going. Read https://cryptonewstrends.com/ for more information.
While there’s certainly been some volatility in the market, many signs point toward Bitcoin being a solid bull, hence the interest in creating exchange-traded funds and other instruments suitable for retirement investment.
Bitcoin, of course, is not the only game in town with Ethereum, Monero and others grabbing headlines as well. Here’s why you should be bullish on Bitcoin, Monero and other cryptocurrencies.
Many investment pros believe returns over the next decade or so will be several percentage points lower than they’ve been in the past. That’s not to say you can’t search for investments that will buck the trend. But the potential for higher returns always comes with higher risk. And even if you’re okay taking on that heightened risk, there’s no guarantee the loftier returns will materialize.