Bitcoin Pioneer: 'Invest Only Small Amounts' in Cryptocurrencies to Enjoy and Learn Cryptocurrency Investment Strategy 2018

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Cryptocurrency Investment Strategy 2018

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Bitcoin Pioneer: 'Invest Only Small Amounts' in Cryptocurrencies to Enjoy and Learn

invest-only-small-amounts-in-cryptocurrencies-enjoy-it-learn-says-bitcoin-pioneer

Bitcoin Pioneer: 'Invest Only Small Amounts' in Cryptocurrencies to Enjoy and Learn

Bitcoin pioneer Charlie Shrem advised investors to only invest small amounts in cryptocurrencies, or only as much as they can afford to lose,

Shrem also said that bitcoin ETFs will likely be approved next year.

Charlie Shrem, co-founder of Crypto.IQ, an investment firm with over $1 billion worth of assets under management, recently recommended investors start learning about cryptocurrencies. While speaking to

at the MoneyShow conference in San Francisco, Shrem suggested that buying and holding digital currencies may be a good long-term investment strategy.

should start by “Pick[ing] something in the top 10 or 20, and look at those, learn about them, and take a stake in them.”

“Any crypto you’re going to buy, hold for five years. Say, Cryptocurrency Investment Strategy 2018 , and this money is locked for five years. There’s a high probability you’ll come out ahead in five years, because usually, these bull and bear markets go in two-year cycles.”