Bitcoin (BTC) were up to in 2019 is better than any other large assets such as gold and the S&P 500 index. BTC started the year at just over $3,000, and now it is up to the mark of us $8.000. Investors, on the last business day of 2018 and beyond will have been invested to know the best rate of return.
Disclaimer: this is not investment advice.
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Better return on investment?
On January 1, was the price to be $3.746. At the time of this writing, we are looking at a BTC price of a $8.270. This is an increase of over 120%.
It’s hard to be a better investment than the largest of the cryptomunt to be found this year. Gold? An increase of 17%, while the stock market index S&P 500 and 21% had to be picked up. Also, government bonds are not exactly like the pot of fat, and in the Netherlands, they are even negative, interest being sold.
In some parts of the world is an economic mess. In Venezuela, it is talking of a period of hyperinflation in Hong Kong, hit the atm to be empty, and in Turkey, millions of bank accounts were closed.
Pantera Capital, one of the first cryptofondsen respond to tells, compared to CoinDesk that they will be also more and more attention from investors. This is partly due to the chaos in various places of his world, it’s Paul Brodsky and a partner in the investment fund (eif).
Market
Goldman Sachs was appointed, the shares in the tech, as the best-performing investment of the year. This defeats the it is, therefore, categories such as government bonds and gold. And bitcoin? That is not even included in the report.
The market is currently still is relatively small. The S&P 500 currently has a market capitalization of more than $24,000 of the bill. Bitcoin is not even at $150 billion.
Compared to the larger and more investment options have bitcoin this year, so it is very well done. However, the ‘institutional investor’ seems to be no easy way to the world of BTC. That might be due to lack of interest, or in the right of ways are not yet available.
The Intercontinental Exchange (ICE), launched last month, and their bitcoin market, called the Bakkt. The volume of interest is still the first week, we were there for “only” $5.2 million in contracts. The ICE-run in 2018, with approximately $92 billion in assets, and this is my perspective, in order to put on.
Source:: Coindesk
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