Bitcoin Recognized as Viable Retirement Asset by Investors

The volatility of the bitcoin price has resulted around 50% loss for high profile and established investors and traders who purchased the shares of publicly traded bitcoin exchange-traded fund (ETF) like Grayscale Investment’s Bitcoin Investment Trust.
However, due to the underwhelming performance of stock markets and equities and the rising trend of bitcoin price, an increasing number of investors are beginning to recognize bitcoin as a viable retirement portfolio asset.
Over the last few days, the value of public equities and precious metals including gold have plummeted, with market favorites like Apple falling by 14.5%, the price of gold plunging by 12.5% and the Dow Jones Industrial Average dropping by around 3% since May 2015.

This post was published at NewsBTC on December 31, 2015.