We are in the early stages of cryptocurrency era. Every downtrend should be considered as an investment opportunity for the long run. Even though we are seeing resistance in China, but at the same time we are seeing acceptance in Switzerland where as a trial run they have decided to use cryptocurrency to pay taxes. It is just matter of time, when more countries move forward with crypto currency, the countries showing resistance will have no option but accept. It is just like the time when Internet came into existence.
I agree. It's an asset class that is very much in the early stages of global acceptance and countries certainly have different approaches with regulations. In a 3 to 5 year time horizon, these are investment opportunities, depending on which cryptocurrency.