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Casual Investors Can Now Get Involved In The Bitcoin & Cryptocurrency Craze Easily

Investing In Bitcoin & Cryptocurrency

Since the financial crisis back in 2008 it has been very hard for investors to find investment that offer a good return. One exception to this is Cryptocurrency which is going from strength to strength in recent year and in 2017 it is experiencing a bull market.

Bitcoin and Ethereum are leading the way but other smaller Cryptocurrency are also performing well.


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What makes the boom in price surprising is that the big money from financial institutions and pension funds have not invested so far. Once they start pouring their money in Blockchain related business the price will shoot up in value. Due to the fact that these organizations have not yet invested it has limited the access to this investment.

In recent weeks a number of exchange traded funds have emerged making it possible for family offices and wealth individuals to invest. A prime example of this is the i2 Storj SPV which raised capital from 30 high net worth investors totaling $2.4 million.

The offering is provided by New York hedge fund Iterative Instinct Management who specialize in blockchain companies.

Storjcoinx

The capital raised by Iterative was invested in initial coin offerings or ICO as it is known. This is a new vehicle that allows companies to raise capital by selling tokens. The money was invested in Storj which is a start up technology company. It uses individuals companies excess capacity to create an alternative cloud storage.

Storj will be in competition against giants Microsoft and Amazon.

For full information about this click the link below.

The 150 percent increase in bitcoin this year and 26-fold surge in the price of ethereum has attracted a whole new swath of investors to the cryptocurrency market. Big institutions like endowments and pension funds are still on the sidelines as they try to assess how to approach this […]

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Daniel

I am the founder of Bitcoin Casino No Deposit Bonus and have been studying concurrency technology since 2013. I have been traveling South East Asia for the last 6 years and am a huge gaming fans that takes part in eSports competitions. I love relaxing on a evening watching the sun set with a cold beer and great music. I also teach other travelers how to become digital nomads so they can become free of the system.

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