Skip to content Skip to footer

Should you be Investing in Cryptocurrencies?

The viability of investing in cryptocurrencies has been one of the most diverse topics of conversation within the financial industry since the Financial Crisis. With so many options, pitfalls, risks and perceived barriers to entry is it possible that you could be missing out whilst listening to the noise created in the market? Whether it is Bitcoin, Bitconnect, Litecoin, RIPO, Ethereum, NEO or one of the hundreds of other coins that are now on the market, the concept of all these digital currencies remains the same. There is a set limit amount of coins available to investors for a period of time.

Motivating Factors for Purchases of Cryptocurrencies

1. Market Speculation

Investors analyze cryptocurrency in the same manner in which equities traders invest in stocks. They analyze their current standing in the market, the potential down side risk as well as growth and determine their decision based on facts as well as market sentiment. For example, an investor sees the historical growth of Bitcoin and concludes that it is too late to invest to see the best returns; one may decide to find ‘the next bitcoin’. Investing in a number of alternative cryptocurrencies in which they see potential with even a small investment could generate tremendous returns.

2. Transactional Cost Saving

Exchanging currency is much easier to achieve in the cryptocurrencies markets than through a private bank, also the cost is considerably lower.

3. Geo Political

For those who disagree with centralized currency, investing in cryptocurrency allows them the freedom to not partake in a financial system they may disagree with. Within each cryptocurrency there are a set number of coins available to investors, which means there are no inflation rates and no constant creation of new currency without a cap.

How to Purchase Cryptocurrency

After doing your research on which cryptocurrency you would like to purchase, you can place a bid to buy at a certain price or at the market price. You will also indicate which public key you want your currency to go into. Providers such as coin base provide a market place for a variety of cryptocurrencies.

A public key is your virtual holding account, providing an end destination for your purchase. You also will have a private key, which is encrypted and protects your currency held in your holding account within your ‘wallet’. This key is decrypted only at the moment where a transaction occurs. You can place your cryptocurrency on a specially encrypted USB, on your desktop or store it online in an E-Wallet.

Cryptocurrencies to Explore

  • Bitcoin – Currently trading at $4300 per coin
  • Ethereum – Currently trading at $300 per coin.
  • Bitconnect – Currently trading at $116.56
  • Litecoin – Currently trading at $44.49 per coin
  • Waves – Currently trading at $4.74

At Tradeview we move with the market, whether that’s through our Innovative Liquidity Connector or developing our Bitcoin services meaning we can now accept Bitcoin deposits.

Ricardo Grados
Business Development Manager
RGrados@tvmarkets.com

Show CommentsClose Comments

Leave a comment

0.0/5

Tradeview Ltd. is not a portfolio manager or an investment advisor. This Market Report is for informational purposes only. Any statements made or opinions voiced in this Market Report do not constitute investment advice. The Tradeview Ltd. Market Report does not constitute a solicitation to buy or sell in the financial markets. Although the information contained in the Market Report comes from trusted sources, Tradeview Ltd. is not responsible for guaranteeing the accuracy, timeliness, completeness, or fitness of such sources. Tradeview Ltd. shall not be responsible for and disclaims all liability for any losses which may be suffered from access and use of the contents of the Tradeview Ltd. Market Report. Trading any financial instrument on margin, using leverage or otherwise involves considerable risk. Therefore, before deciding to participate in any style of trading, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose. Consulting with your investment counselor, attorney, accountant or other professional upon whom you rely for guidance as to the appropriateness of an investment in any style of trading is recommended.

Tradeview Ltd.

Is licensed to carry on securities investment business and is regulated by the Cayman Islands Monetary Authority (CIMA) as a full securities broker-dealer. Tradeview conducts business pursuant to the Cayman Islands Securities Investment Business Law (SIBL) and its activities fall under the direct supervision of the Investments and Securities Division of CIMA.
Headquarters: 5th Floor Anderson Square, 64 Shedden Road, Georgetown, Grand Cayman, Cayman Islands KY1-1002, BWI.
Website: www.tradeviewforex.com

Tradeview Asia Ltd.

Is licensed and regulated by the Labuan Financial Services Authority (FSA) as a Money Broker, registration number LL15870 licensed to facilitate transactions in foreign exchange pursuant to Labuan Financial Services and Securities Act 2010, the Labuan Companies Act 1990 and the Labuan Business Activity Tax Act 1990.
Headquarters: International Business Financial Centre at Office 5, Jamie Business Center I, Unit F10, First Floor, Paragon Labuan, Jalan Mustapha, 87000 Labuan F.T.
Website: www.tvmgloballtd.com

Tradeview Europe Ltd.

Is licensed as a Category 2 Investment Service Company and is regulated by the Malta Financial Services Authority (MFSA). The Malta Financial Services Authority (MFSA) is the single regulator for financial services in Malta. MFSA is a fully autonomous public institution and reports to Parliament on an annual basis. The MFSA is a member of the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA) and the International Organization of Securities Commissions (IOSCO) and is a signatory of the Multilateral Memorandum of Understanding with other European regulatory Institutions. Tradeview is authorized to provide financial services across multiple asset classes and is passported in the EU/EEA under MiFID II (EU Markets in Financial Instruments Directive).
Headquarters: 157 Archbishops Street, Valletta VLT Malta 1440.
Website: www.tradeview.eu

Tradeview Financial Markets S.A.C Global

Is authorized to conduct business pursuant to and in compliance with the General Law of Companies (LGS) promulgated by the government of Peru. Tradeview Financial Markets S.A.C is registered with the National Superintendence of Public Registries (SUNARP), company number 13089531. Tradeview Financial Markets S.A.C provides financial services in selected OTC derivative markets in compliance with all applicable government regulations.
Headquarters: Los Mirtos 239 Urb. San Eugenio, Lince, Lima, Perú.
Website: www.tradeviewlatam.com