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Bitcoin futures are a reality. Will we soon see Bitcoin ETFs as well? Why not? A Bitcoin ETF will help the masses, and the institutional investors take a position in the new asset class. The additional scrutiny and the regulations that come with these new offerings will also boost the confidence in cryptocurrencies.
Now, even political heads are warning that the current banking system may be on its way out.
However, while these developments are positive for the future of bitcoins and altcoins, it is still going to be a roller coaster ride to the final destination. Therefore, we believe that borrowing money to trade or mortgaging the house to invest in bitcoins is not a good strategy.
While the long-term trajectory may be up, the intermittent…