Bitcoin and Gold: Experts of hedge funds believe that like gold, bitcoin can also make investment shine. Just as people earn from digital gold, in the same way, one can earn from digital currency.
There is a debate going on in all the countries of the world including India whether to invest in gold or in cryptocurrencies like bitcoin. Gold is considered as a means of evergreen investment. Barring a few ups and downs, there is always momentum in it. Recently, there was a drop in its prices, but now it has started returning again.
On the other hand virtual currency (cryptocurrency) like bitcoin has emerged as a new means of investment. At the beginning of this year, the price of one bitcoin went to 65 thousand dollars. But due to some reasons it declined and now it is running at 34-35 thousand dollars. Big investors believe that the next generation is of bitcoin. There may be a decline now, but there is a guarantee of profit in the future.
what happens in a hedge fund
It is not a trend to put cryptocurrency like bitcoin in the stock market etc. Countries have not yet fully legalized it. But its transaction has not been declared illegal. People can buy it, use it in transactions. This is happening too. As far as investing in the fund is concerned, people invest through gold or paper currency. Digital gold is also trending. Despite all these means, experts see a good future for investing in bitcoin. A $7.5 billion hedge fund is also seeing a golden future in bitcoin.
earning from digital currency
Hedge fund experts believe that like gold, bitcoin can also make investments shine. Just as people earn from digital gold, in the same way, one can earn from digital currency. The attention of the whole world is on the Federal Reserve of America. What the Federal Reserve decides on cryptocurrency, the hedge fund will decide its move accordingly. The US central bank is troubled by rising inflation and is looking at ways to get rid of it.
To bring the economy battered by Corona back on track, it is being considered to pump capital into the market. America has recently announced the Corona package, due to which great pressure is being seen on the government account. Government expenditure has also increased due to Corona, due to which the debt burden has increased. The effect of both these factors is visible on dollar prices.
Gold and bitcoin will go hand in hand
On the other hand, except dollar or paper currency, all the currencies are shining even in this difficult time. Whether it is about gold or cryptocurrency like bitcoin. The recent fall in gold and the rise in cryptocurrency has fueled the debate as to whether people are withdrawing money from gold and investing it in cryptocurrency. Some hedge fund companies consider gold better than cryptocurrencies. Some believe that cryptocurrencies are better than gold and there is not much risk of investing in it. Some experts believe that both have their own characteristics, and both will maintain their existence over time.
future of digital currency
If there is talk of cryptocurrency in hedge funds, then it can be believed that the next time may be of virtual currency like bitcoin. People with more money, capital or high net worth invest money in hedge funds. It has more risk than mutual funds, but the returns are also higher. Its trading modalities are also different from mutual funds. It is not like the stock market where there is a fear of losing capital if there is a fall. Hedge funds can give good returns to investors by managing money accurately despite the downfall of the stock market. Now even hedge fund experts are seeing a good future in cryptocurrencies like bitcoin. Along with gold, bitcoin can give investors a good source of earning.
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