Crypto: Bitcoin, Ethereum, Litecoin, Dogecoin

The Financial Services industry has demonstrated this time after time, without regard to the underlying quality of the investment product:

"...with a good sales & marketing team just about anything can and will be sold; especially a sexy new asset class."

"It’s anyone’s guess when and at what level this bubble in bitcoin will burst."

Our full article on Medium:
2018: Year of the Crypto Asset Class?

Nov. 28, 2017
~$9.5K/BTC



Bitcoin "investing" or speculation generally requires transferring money into risky & unfamiliar places or overpriced investment products. Meanwhile, bitcoin "marketing" or publicizing has generally been limited to word-of-mouth & the media.

If new bitcoin-related investment products are released, crypto asset-investing will become available to traditional investors via the traditional distribution (and commission-paying) channels. This alone would increase demand, if only due to the addition of professional marketing of the crypto "asset class".


Bubble?



Beware Of The Bitcoin Bubble: Investment And Financial Advisors Warn

“But it is anybody’s guess what inning. It looks to me like we’re well ahead of the 7th-inning stretch...”
said Jason R. Escamilla, CEO of ImpactAdvisor
, an investment advisory firm in San Francisco.

“...The price level and energy usage are unsustainable. There is far better technology emerging to meet the same needs.”

Forbes, Nov. 4, 2017
~$7K/BTC


What is Crypto?

WE RECOMMEND THESE THREE ARTICLES TO QUICKLY GET UP TO SPEED:


"Crypto assets are a new asset class that enable decentralized applications."

"A decentralized application is a way to create a service that no single entity operates."

- Adam Ludwin
link: A Letter to Jamie Dimon

"The 2008 financial crisis caused a lot of people to lose trust in banks as trusted third parties."

"Bitcoin made digital transactions possible without a “trusted intermediary.”"

- CB Insights
link: What is Blockchain Technology

"99% of Cryptocurrencies are total scams. And, yes, Cryptocurrencies are in a bubble."

"...and generational wealth will be made. So you have to know the basics, why this opportunity even exists and what to watch out for."

- James Altucher
link: The ABCs of Bitcoin and Everything You Need to know about "Forks"

Risks?



Should I Invest in Bitcoin and Blockchain Technology?

"We view crypto-investing as driven by the greater fool theory of investing or speculation, and we genuinely mean that in a bullish way for now..."
says Jason R. Escamilla, CEO of ImpactAdvisor
, a wealth management firm in San Francisco

U.S. News, Nov. 13, 2017
~$6K/BTC



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