The best way to demystify cryptocurrencies for new investors is to explain the vocabulary around it. Because cryptocurrency represents a new asset class (Bitcoin was created in 2009), most investors who are new to the space will need a primer in its basic terms.
In the U.S. alone, Gallup reports that 6% of investors now own Bitcoin, which is triple (300%) the ownership that existed only three years ago in 2018. The consulting firm added that three years ago, three-quarters (75%) of investors considered cryptocurrency to be an “insecure asset”. [Read more…] about 15 Cryptocurrency Terms Every Investor Should Know