Happy New Year: 2017 The Year Crypto Became a New Asset Class

View this thread on: d.buzz | hive.blog | peakd.com | ecency.com
·@tradewonk·
0.000 HBD
Happy New Year: 2017 The Year Crypto Became a New Asset Class
![Skærmbillede 2017-12-31 kl. 12.53.39.png](https://steemitimages.com/DQmRENEM7UEgytuhZJ8VD5bZyWAW9tGZvy4bWAcsV4kqvjn/Sk%C3%A6rmbillede%202017-12-31%20kl.%2012.53.39.png)

2017 has been a year of cure for crypto assets.

**The total market share rose from $ 15 billion in January to over $ 600 billion at year-end. And in that case, the assets crossed another kind of threshold that was transformed from something that was easily dismissed into something hard to ignore.**

The multi-thousand-price pricing is accompanied by trading volumes of $ 1 billion since May, continuing to be linked to other assets and sharp conditions, which compares favorably despite high volatility. It is surprising that it now attracts new market participants, retail and institutional interests.

Spectrum for new investors spans broad-tech savvy teenagers, busy mothers think about how to invest their savings, individuals disinfected by key institutions, high net worth professionals, nimble family offices, financial advisors on behalf of customers and even sophisticated hedge funds and institutions. People note the return, the headlines in the media, and stories of new millionaires that will be presented overnight.

But they are also developed by low correlations, bitcoins eight-year track record of security, technical developments around protocols and a growing ecosystem for cryptoactive companies.

To be sure, crypto permissions are still in an early, immature developmental stage of their existence.

But this year was a milestone. As we enter the new year and start in 2017, I think we will see it as the year that crypto licenses officially became a new mainstream asset class, one with a special set of opportunities and challenges.

Looking forward to 2018, demand will maintain itself, we will continue to see growth in the number and different vehicles and services that seek to provide crypto-surcharge exposure while managing investor complexity.

This will mean both more of the vehicles and services we have already seen, as well as new approaches.

______________

***Thank you for reading!***

*Don't forget to upvote, resteem and [follow me](https://steemit.com/@tradewonk) for more content & contest*

*"Aspire to inspire before we expire." - tradewonk*
<center>![testwonk kopi.png](https://steemitimages.com/DQmazHZU4UwoumN3fYF3pPnw9H3BGEdFKvWrkzEeKZYRNTT/testwonk%20kopi.png)</center>
👍 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,