What You Need To Know About Cryptocurrency

What You Need To Know About Cryptocurrency
Underwater by Andy Deitsch. Why?

With the considerable noise surrounding cryptocurrency, it’s tricky to decide whether it’s a short term fad that might implode, taking with it vast sums of investors’ money, or a genuine opportunity to profit.

Here’s An Update On The Cryptocurrency Market To Help Build Your Knowledge

A Beginner’s Guide To Cryptocurrency

With money pouring into the blockchain from investors, venture capitalists, and strategic partners, there’s no doubt cryptocurrency will continue to be in the spotlight for years to come.

However, as with any newly emerging field, being in the spotlight can present a double-edged sword. 

It makes for an environment full of passionate and extremely technical discussion. 

But it also opens the door to blatant exploitation by people looking to profit at your expense.

Check out the information below from a variety of sources to discover the latest position on cryptocurrency.

Guide To Bitcoin And Blockchain

In a series of four articles on FTAdviser, this report will definitely build your cryptocurrency knowledge.

It seeks to help you understand what is driving cryptocurrency.  To get to grips with blockchain technology.  To learn about initial coin offerings.  And to identify the various benefits and drawbacks of using cryptocurrency.

Visualising the Initial Coin Offerings Explosion

The popularity of cryptocurrency has led to a boom in initial coin offerings.  The fascinating Youtube video below illustrates the full history of initial coin offerings, from the early days of 2014 to their meteoric rise in 2017.

What Affects The Price Of Cryptocurrency?

Given the significant and unpredictable volatility that cryptocurrency has experienced ever since Bitcoin's trading debut around nine years ago, you might conclude it’s total guesswork to forecast the future direction of cryptocurrency prices.

According to Investment Week, it’s possible to undertake a more scientific projection by being aware of several indicators and parameters that have previously influenced the price of Bitcoin, Ethereum and other cryptocurrency.

Here are six of the most important of these factors:

Market forces

The perceived utility of the project

The price of Bitcoin


Fear, uncertainty and doubt


You may have to register for Investment Week to learn more about cryptocurrency.

The Definitive Guide To Cryptocurrency


Please Share This

If you’ve found this page of interest, please would you kindly send a link to it to your friends and colleagues using the buttons below.  You’ll be helping us out, and they might like it too.  Thanks, it's much appreciated.


AJ Bell Is Often The Best Value SIPP For Stockmarket Assets

That's our opinion.  Not just because AJ Bell was the first company to offer an online SIPP.  Nor that it's received many prestigious awards.  And not even because the wife of SIPPclub's Founder has an AJ Bell SIPP.  It's because it's one of the most competitive stockmarket SIPPs on the market. 

Over time, charges can wipe out a huge part of your fund.  We like AJ Bell because there are no set-up costs.  If you hold passive funds, which is our preference, or shares, investment trusts, EFTs, gilts or bonds, you pay one small fixed fee no matter how large your fund.  And when you come to draw your benefits either as occasional drawdown or UFPLS payments, there's a small charge for the whole year no matter how many times you access your money (many SIPP and SSAS providers charge more than this for each payment).  However, you should always compare charges in detail, because AJ Bell could be more expensive than other providers, depending on the type of stockmarket assets you hold.

Visit AJ Bell

Get Valuable SIPP And SSAS Insights Emailed Directly To Your Inbox Every Monday

  • Please use an email address you can access. You can unsubscribe at any time.

As SIPPclub neither advises on, nor arranges, nor recommends specific investments or strategies, we're unable to say whether a SIPP or SSAS or any investment within it is right for you. Ultimately, it’s your money and your decision, and you should only proceed once you're satisfied you've undertaken sufficient due diligence. If you need advice, you should speak to your trusted adviser, or you could find a local adviser from Unbiased.co.uk.  Alternatively, we'd be pleased to introduce to a suitably qualified independent financial adviser.

Please read our full Terms which includes criteria for SIPPclub membership.