Want to Trade BitCoin But Worried About the Risk? Here are some Solutions

Yes, we are now in a BitCoin megatrend where many people have visions of grandeur when it comes to getting rich quickly and easily. Nothing could be further from the truth. First,trading any single crypto currency .... whether BitCoin, LiteCoin, Ethereum, etc. is a very high risk speculative investment. With this mindset you are better off spending the weekend in Las Vegas. Thus, our first recommendation is to trade a well-diversified "basket" of cryptocurrencies to reduce your risk. Second, we recommend changing your mindset from that of a hyper risk BitCoin trader to a long-term cryptocurrency and blockchain investor. You can still ride the cryptocurrency roller coaster. However, the more intelligent, balanced and long-term strategy is that of an investor in the broader blockchain enabling technology ecosystem. Cyrptocurrencies are simply the first of a long list of market segments which will benefit from the adoption of blockchain technology. For now, take a look at five funds: Grayscale’s Bitcoin Investment Trust (GBTC), Polychain Capital Fund, The Logos Fund, Arrington XRP Capital, and PanteraICO Fund LP. More on blockchain and hedge funds to follow.