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RE: New Crypto to be Backed by REITS

in #cryptocurrency7 years ago

Thanks for responding to my post. I agree that people are going to look at it as more of a speculative investment right now - but there are also a lot of people who see the long term prospects and are investing for the long term also - which is how most investments should be approached unless you're a day trader or speculator. I posted another article about how hedge fund managers are starting to put crypto in the funds they manage to help mitigate the volitility of them while profiting from their gains - I think this kind of exposure is going benefit the industry because as large hedge funds start making millions on them and fully realize their potential - they will start pushing crypto onto the public and we will hear more about it on CNBC and the like, until investing in crypto becomes standard fair... and right about then, we will see demand for it skyrockeet as it dawns on the rest of the world that this is REAL currency that translates in to real spendable money. Thanks for the upvote!

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that's a good point, hedge funds have been jumping in the space. Even the likes of Mark Cuban and Rick Rule. Ought to be interesting moving forward that's for sure.

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