Crypto-Currencies have been making noise for sometime now. And leading the pack is Bitcoin; the big daddy of crypto-currencies kingdom. But do you know there are more than 700 crypto-currencies at the time of writing this story? 

With Japan legalising bitcoin, its market capitalisation has gone through the roof to touch $28 Billion. On another front Google backed Ripple recently raised $55 Million from big banks. Where Winklevoss are fighting to get their Bitcoin ETF registered, the real question is now –

Have you included Crypto-Currencies in your portfolio yet?

If yes then good. But if NO, then I will let these graphs do the talking.

Bitcoin rose by more than 40% within a month.

Whereas Ethereum nearly doubled within a month.

Ripple rose by more than 4 times in a month. Therefore if you had invested $1000 in Ripple, you would have $4000+ after a month. Pretty Crazy, right?

Though one could argue that there is a huge amount of systemic risk associated with these crypto-currencies but with high risk comes high returns as is shown by above graphs. I myself made a small fortune by trading in Ripple.

Therefore if one has some risk capital and has the appetite to experiment, crypto-currencies could become a part of your existing portfolio. But keep in mind, crypto-currencies would still classify under highly risky financial instruments therefore invest only when you are ready to lose it all in worst circumstances.

This post was created with our nice and easy submission form. Create your post!