Cryptocurrency market cap is nearing the $500 billion level once again. Bitcoin currently contributes about a third of this figure, and that concludes to the fact that cryptocurrencies have spread to represent a lot more than just Bitcoin.
There are currently over 1,600 cryptocurrencies with a strong volume--that's a lot of options. Given that such a huge pool of options contributes to the cryptocurrency market, it becomes extremely challenging to properly decide investment options. For everyday people who have a standard 9 to 5 job, this task is even more challenging.
Current Options
There is currently a market demand for managed investments in crypto. The cryptocurrency market has drawn a lot of interest from the average Joe, but isn't an easy terrain to tackle.
To counter this, plenty of cryptocurrency investment funds have spawned. However, a large portion of these funds' tokens is performing below ICO price. There are a number of reasons for why many of the funds that have spawned are not able to perform so well.
People are motivated by past performance records. Since established investment funds have not dabbled with cryptocurrency, the funds in this market are new developments. They'd need to hold a sustained, long term success before the majority of investors would trust them.
Technology is playing an important role in every market and investment funds are no different. The new funds targeting cryptocurrencies are largely trying experimental technology, which can be extremely risky. Such endeavors will understandably draw a limited interest.
A Credible Alternative
CountingHouse is an established fund that has been providing returns to its investors for years. It is now entering the crypto sphere with a host of advantages that preceding crypto management funds have failed to provide.
CountingHouse has already proven that its management can handle an investment fund. This sets it at a stark difference from fresh projects that provide no credibility of whether or not the founders will be able to manage the fund.
Most new funds that are utilizing technology to enhance the team's investment decisions have had to expense investor capital on developing the technology first. CountingHouse already has the necessary technology and infrastructure in place. This allows the fund to directly utilize investors' money for investments.
Even seasoned investors struggle to garner success in the crypto market due to the high degree of volatility that engulfs most tokens and coins. Interestingly, CountingHouse asserts that its success was largely derived from its algorithms' ability to flourish in Forex markets during volatile periods. A fund that excels in volatility has no better home than the crypto market.
Wrap-Up: The crypto market has swiftly become a fertile ground for investment. However, much of the participation in this market is in a virgin form and most seasoned investors or investment funds have largely overlooked this market. CountingHouse is setting the stage for more established firms to see the crypto market as a powerful investment channel.
Essential CountingHouse Links
🌐 Website: http://countinghousefund.com/ico
💡 Whitepaper: https://www.countinghousefund.com/whitepaper
👨 ANN Thread: https://bitcointalk.org/index.php?topic=3406903
💻 Telegram: http://t.me/Countinghouse
⌚️ Token Sale: LIVE NOW
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How do you produce such quality content? I also do BTC analysis .. I would like to invite you to the page. https://steemit.com/@bromedya
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Hi @bromedya,
A project like CountingHouse has plenty of unique benefits that have not been seen in the market before. This makes it easy for me to write quality content on it.
And sure, I'll have a look at your analysis :)
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Hello! Good article! I'm interested in the them of ICO and crypto-currency, I'll subscribe to your channel. I hope you will also like my content and reviews of the most profitable bounties and ICO, subscribe to me @toni.crypto
There will be a lot of interesting!
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Hi Toni, glad you liked the read :)
I'll check your content 👍
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This post has received a 4.98 % upvote from @boomerang.
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Waooo this is great,
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Hey Zack :)
It definitely is; hopefully this will usher a growth in credibility of this industry.
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