You are viewing a single comment's thread from:

RE: "Stocks No Longer Make Sense To Me" - Here's Why Quants Are Embracing Bitcoin

in #bitcoin7 years ago

Thanks for sharing this @zer0hedge. It's interesting to see that more and more professionals are getting in to cryptocurrency trading in general, although I can't say it surprises me.

Cryptocurrencies are assets that are appealing to both beginner and experienced people in the financial markets, as they can be seen as a gamble, a way to make a lot of money, away to get in on the excitement, avoid FUD etc.

I personally got in to cryptocurrencies for the societically revolutionary properties, but I have to admit the excitement adds a lot to it.
Thanks again for sharing!

Sort:  

I imaging the lack of regulations appeals to many of the professionals. At least in the US, once licensed, one needs to adhere to an assortment of rules the average person does not. Even when opening up an account, professionals are barred from certain types of accounts.

Crypto is basically unregulated and one can trade as he or she sees fit. Even a pro is on the same level as everyone else from a regulatory standpoint. This is not the case in the equities markets.

Thanks for sharing your point of view, I agree with you there!