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More investors are backing crypto but only a quarter say they understand it
Cryptocurrencies and especially bitcoin are becoming an increasingly popular asset for investors to add to their portfolios, and more are doing so at a rapid pace. Yet many investors still don't fully understand the asset class, and this could expose them to significant losses. Figures from last year show that some 12 per cent of investors have crypto in their portfolios, but this figure is likely now higher. Despite this, as many as 72 per cent of investors said they aren't knowledgeable about cryptocurrencies, according to data from the crypto investment company Wisdomtree. A third, some 31 per cent, said they ... (full story)
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