There are hundreds of places where you can buy Bitcoin, but I suggest you stick to the exchanges that have been established for many years and that have a perfect safety record. Keep in mind that for many people around the world it is still very difficult to buy Bitcoin due to laws in their countries, banking obstacles, etc. In P2P lending I would expect 10-12% per annum, while bitcoin is much more volatile, but in 5 years I would expect a return of 3-5 times. Using a continuum between boring and spicy, Colas looked at the standard deviation of bitcoin's daily prices over the past 100 days and found that buying when volatility is high doesn't usually work well.
However, he predicts that bitcoin will outperform gold in the long run, largely due to the attraction of millennials and Silicon Valley to the cryptocurrency scene. If you're ready to buy Bitcoin and cryptos and want to read more about the buying process, check out my guide to investing in Bitcoin and cryptocurrencies. Morgan Stanley will seek to benefit from the historic bitcoin race without having to become a HODLer. While there are many hardcore Bitcoiners who think that all other cryptocurrencies are garbage, I would disagree.
While Bitcoin, for example, has recovered strongly from previous major declines, there is no guarantee that it will do so again, especially if it faces serious existential questions, as countries prohibit its use and potentially the ability to own it. With a network value of around 15% of Bitcoin, there is a chance of catching up, but its network is smaller by the most important measures. Traidman admits that BRD makes entering the world of altcoins very tempting because they are placed front and center next to bitcoin. Not to mention the fact that big players like PayPal who make moves like these make it less and less likely that the U.S.
US government make drastic moves, such as banning bitcoin altogether. That way, you'll smooth out any drastic price variations and increase your Bitcoin portfolio over time. As for Bitcoin, it is being affected much more than stocks, which attracts additional attention from investors. While P2P lending is risky, it is a proven model for many years, while Bitcoin remains a much riskier investment that can go either way depending on many factors.
Cities and countries that adopt Bitcoin and freedom will gain an advantage over those that don't.