A brief paper on the largest cryptocurrency’s investment thesis, and why investors shouldn’t be quick to dismiss the asset class.
In the aftermath of the COVID-19 crisis that saw one of the largest financial crashes in recent history, an esoteric asset known as Bitcoin experienced an unprecedented rise, recording an annual return of 303% in 2020. This has continued in the first quarter of 2021 with Bitcoin returning just over 100% in that period.
To some, this seems like the beginning of yet another crazed bubble for the crypto currency, with many sceptics comparing it to the Tulip mania of…
22 year old Markets Enthusiast. Wealth Analyst @Mercer.