How Bitcoin Changed Investment in 2017

The last year has been comparatively quiet for the FTSE 100 - at least compared to 2016 and the shock of the Brexit vote. The FTSE 100 managed to claw back some strength this year, hitting an all time closing high just before Christmas, and the FTSE 250 has shown a lot of upside as investors regained some faith in the economy, but for many people, the news has been outside of the share trading market.

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stroju-sam.ru - Wednesday, December 27, 2017

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Bitcoin has soared in value. It was priced at less than $1000 at the start of the year, and it hit $20,000 in December. Admittedly, it shed almost half of that value in the days just before Christmas, but it is slowly regaining it, to be around $15,000 at the time of writing

Bitcoin’s bulls are predicting that the currency could keep on growing and growing over the next year or two, but there are just as many bears - including many respected analysts and investors - who are warning that Bitcoin is a bubble, and that it will soon burst.

One issue with Bitcoin is that the exchanges aren’t regulated in the same way that the FTSE and other major markets are, and it is appealing to people who do not normally invest. Those people have never had to experience the reality of an investment losing a huge amount of value. The volatility of Bitcoin could be a huge wakeup call for them. There will be some millionaires made out of Bitcoin - but there will also be a lot of people who will lose money too.

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