…and I wonder if crypto is a smart long-term investment!? Not just a gamble. After spending time in the crypto sphere, you get used to a volatile market and unpredictability with a potential dream of a quick buck. But what has turned so many people into believing crypto is the ultimate long-term investment? I would argue that the masses are following in the footsteps of where big-time money is going.
Naturally, any long-term investment needs to be in assets that can revolutionize industries and shape the future. Enter blockchain technology that is transforming society, business, and finance.
One fund that commits to long-term investments is Cyber Capital, headed by Santosh Naidoo. Naidoo believes that blockchain technology is going to revolutionize multiple industries, and cryptocurrencies will play a crucial role in keeping the ecosystems alive. The belief in the transformative power of blockchain technology drives Cyber Capital’s commitment to a long-term investment strategy, as they recognize the significant impact that cryptocurrencies will have in shaping the future.
Similarly, Peter Habermacher, co-founder of Aaro Capital in London, also affirms their firm’s focus on crypto-assets’s immense transformative potential and Distributed Ledger Technology (DLT). He emphasizes the unprecedented value creation that will naturally follow the widescale adoption of these technologies.
The message from asset managers is clear: big investors in the crypto world focus on long-term horizons.
There are several other investment funds that have invested in blockchain companies and cryptocurrencies
- Amplify Transformational Data Sharing ETF (BLOK),
- Siren Nasdaq NexGen Economy ETF (BLCN),
- First Trust Indxx Innovative Transaction & Process ETF (LEGR),
- Bitwise Crypto Industry Innovators ETF (BITQ),
- VanEck Vectors Digital Transformation ETF,
- Capital Link NextGen Protocol ETF and Global X Blockchain ETF.
BlackRock, the world’s largest asset manager with over $9.5 trillion under management, has been inching towards cryptocurrency over the last few years. They have formed a partnership with publicly traded crypto exchange Coinbase to make crypto directly available to institutional investors.Yes, they are opening the doors to institutional investors to invest in the future of crypto. What’s more?
Apple Pays VP Jennifer Bailey, believes that crypto has “interesting long-term potential”.
Expedia, Subway, Paypal, Home Depo, Shopify, Microsoft, Starbucks accept Bitcoin as payment.
According to Coinatmradar, the number of cryptocurrency ATMs has exceeded 24,000 globally. A total of 75 countries have crypto ATMs. There are multiple crypto credit cards that you can use to spend your crypto.
and listen to this! Global adoption of Bitcoin and cryptocurrencies surged 881% from July to June 2021 according to Chainanalys. 881%!
Sure, there are many problems and uncertainty in the high-risk crypto space.
But adoption is booming, regulations are catching up, tech is advancing, and the market is slightly less volatile and more mature. I see many signs that crypto is a long-term investment.