Finance and Law

5 Kinds of Professionals and Businesses Who Invest in Cryptocurrencies

<p style&equals;"text-align&colon; justify&semi;">The cryptocurrency ecosystem has always attracted people from a diverse cross section of the population&period; Many people have tried to seize the crypto ecosystem in its nascent stage&period; You will find individuals and corporations&comma; which had invested hundreds of dollars way back in 2010 or 2011&comma; now worth hundreds of millions of dollars&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">You will also find people who invested millions of dollars make flash sales and exit with a few thousand dollars&period; What is certain is that the volatility of the crypto world is not something that everyone has an appetite for&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">There is no doubt that <a href&equals;"https&colon;&sol;&sol;newsforpublic&period;com&sol;libra-vs-bitcoin&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">Bitcoin and cryptocurrencies have been highly profitable<&sol;a> for some&period; There is also little uncertainty about the fact that it has also resulted in huge losses for many&period; In this article&comma; we are going to look at five classes of individuals or professionals who are investing in Bitcoins and other cryptocurrencies in a big way&period;<&sol;p>&NewLine;<h2>Five kinds of professionals and businesses&comma; which invest in Cryptocurrencies&colon; The List<&sol;h2>&NewLine;<h3>Investment Fund Managers<&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">In recent years&comma; more and more suave investment fund managers on Wall Street are cautiously dipping their portfolios into cryptocurrencies&period; Most of these investment and asset managers are doing so on behalf of their wealthy clients in USA&comma; Middle East and China&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Their main attraction when it comes to Bitcoins is buying them when they are bottoming out and selling it during the peak&period; Thankfully&comma; in the crypto world&comma; this period can take place within one year itself&period;<&sol;p>&NewLine;<h3>Financial Analysts<&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">While most people think that financial analysts and investment managers are similar&comma; they are not&period; Financial Analysts work closely with commercial&sol;private and public entities like the government&period; They work as a liaison between markets and regulators&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">In most cases&comma; these people have access to the latest information at all times&period; They use these insights and inner circle information to invest heavily in Bitcoins and other cryptocurrencies&period; You will also find them lobbying hard and presenting White Papers on cryptocurrencies&period;<&sol;p>&NewLine;<h3>Computer Scientists<&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Cryptocurrencies are mined following complex solving of computational equations and algorithms&period; In order to become a Crypto Miner&comma; you would need highly advanced tech knowledge&period; Mining is a very technologically sophisticated process&period; This is why computer scientists invest their knowledge and keep their mining rewards- Bitcoins or other crypto&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">With the rise of Crypto Exchanges and Trading platforms&comma; computer scientists have found newer avenues to associate themselves with the crypto ecosystem&period;<&sol;p>&NewLine;<h3>Human Rights Activists<&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">You might be surprised why human rights activists are buying&comma; selling&comma; using or even exchanging cryptocurrencies&period; However&comma; you need to understand that their attraction stems from not profit&comma; but from a standpoint of being anti-establishment&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The theoretical foundations of Bitcoin’s decentralization is a very attractive proposition for people who feel suffocated by governmental control and interference in almost every aspect of their lives&period; These people also championed the Zeitgeist Movement at its helm&period;<&sol;p>&NewLine;<h3>Governments through Private Corporations<&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">There have been reports that many national governments are experimenting with Bitcoin and other cryptocurrencies by building up a reserve in crypto assets&period; Many American lawmakers believe that nation states can destabilise the supremacy of the American Dollar through Bitcoins&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">While there is little proof to back these claims up&comma; as Bitcoin is anonymous&comma; increased mining activities in selected parts of the world point to a different picture&period; For example&comma; Chinese miners own operate and control 70&percnt; of Bitcoin’s Mining Network&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><strong>Conclusion<&sol;strong><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">In recent years with the help of <a href&equals;"https&colon;&sol;&sol;thebitcoincode&period;io" target&equals;"&lowbar;blank" rel&equals;"noopener">the bitcoin code<&sol;a>&comma; more and more common people are also becoming a part of the crypto ecosystem&period; The rise of credible trading platforms have enabled many individuals to invest a small sum of money and earn high profits by dealing in Bitcoins and other cryptocurrencies&period;<&sol;p>&NewLine;

Hardik Patel

Hardik Patel is a Digital Marketing Consultant and professional Blogger. He has 16+ years experience in SEO, SMO, SEM, Online reputation management, Affiliated Marketing and Content Marketing.

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