We have often been asked whether we believe in cryptocurrencies. While we doubt the usability as payment methods, we both hold a small single-digit percentage of our assets in crypto. Why?
There are a number of reasons that led us to invest in cryptocurrencies many years ago. The list of arguments below is simply a summary of our thoughts and doesn't constitute any investment advice.
Crypto is still a relatively new asset class. We are curious minds who like to experiment, and since nobody can surely tell how much a bitcoin should be worth, we're happy to take some risk and participate in future price movements
Given the current oversupply of money in the world's global financial system, we do believe that there is a case to be made for cryptocurrency as an inflation hedge in case inflation trends accelerate
History has shown that humans are prone to invest in and drive up price bubbles and speculative goods; thus, it may well be the case that we will witness another crypto rally
Our total investment sum in cryptocurrencies is small enough that we could comfortably live on in case we will lose everything
An even more bullish view can be found in an article on coindesk covering the view of the famous Winklevoss brothers, who predict that Bitcoin could rise to 500.000 USD/coin.
NO INVESTMENT ADVICE
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