Kavan Choksi: Is Cryptocurrency Still a Viable Option?
Kavan Choksi: The Value of Cryptocurrency Today Despite their volatility, cryptocurrencies, or crypto, continue to be popular today, defying what many naysayers believe: that the fintech trend is nothing but that -- a trend. Image source: istockphoto.com According to global finance veteran Kavan Choksi, these digital assets exist online. Crypto combines the new technologies of blockchain, cryptography, and computing networks for tracking ownership and determining value. Even with all this, some long-time investors mention that there are virtually no solid investment strategies to guide one when purchasing crypto. Veteran financial analysts also go as far as to say that crypto is an untested commodity. They remain convinced that crypto strategies are rooted in pure speculation. It is even after the currency has been around for over a decade. Potential investors will understandably invest in crypto the way they invest in any asset out there. They will still base their d