Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Articles about Cryptocurrency => Topic started by: Goodcat49 on January 25, 2019, 10:39:10 AM
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Potential entrepreneurs think that in the 2019 framework, Italy will create economic value from distributed ledger technologies. Now, there are 4 potential entrepreneurial strategies, with various risk profiles and levels of value creation for the Italian scheme – in terms of acquisition, transfer of knowledge and job creation. The four strategies include:
1. Speculative investment in cryptocurrency
A large population in Italy has heard of crypto, especially Bitcoin (BTC), the flagship digital currency globally. Recently the news broke out on many media platforms claiming that “the BTC bubble has broken out,” since the market value of BTC and several other significant cryptoassets went through a strong collection in the past one year, which many people would dub a breakdown.
The crypto investor must know the golden rule of all investors, that is to say: invest only in something that is clearly known, of which the basis is understood.
The crypto market is still comparatively small. The present market cap of Bitcoin is around $63 billion USD, which is 1/10 of Apple’s cap and 100th of the gold market. Because of that, the market is vulnerable to manipulation by big actors and characterized by lofty volatility in comparison with the traditional assets.
Also, cryptoasset trading is not regulated, hence making it very easy for risky inside trading manipulations.
Therefore, the value created in the Italian scheme by a clear speculative strategy is indeed close to zero: depleted acquisition of know-how & pathetic job creation
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/four-major-crypto-blockchain-strategies-for-italian-businesses/
(https://coinidol.com/upload/resize_cache/iblock/a01/900_900_1/a010f955d5e85a510803410de5d37feb.png)
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There isn't much knowledge going around in italy about crypto with no major exchanges or ico's. Lisk is based in germany so perhaps they can learn from their neighbour