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The case for crypto in your portfolio
By betterspider  •  July 10, 2020
I think owning cryptocurrencies is a very interesting proposition. Unlike stocks and bonds and other financial assets which mainly derive their value from their discounted future cash flows, the value of crypto is still largely speculation-driven. Critics will tell you that buying crypto is like the equivalent to gambling. It’s just about speculating that the price of the asset will rise in the future. They will tell you that it’s going to zero and you will lose all your money if you invest in them. At the same time, there are a lot of true-blue believers who truly appreciate the value of these networks and decentralized economies, and they are resolute in the fact that crypto is not going away, despite all the naysayers. Before we dive too deep into this discussion, it’s also good to briefly introduce the concepts of crypto and the blockchain – which is the technology that most cryptocurrencies are built on....
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By betterspider
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