Founder of Quantum Fintech: “When investing in cryptocurrencies, you need to consider their benefits for the portfolio” – Bits Media

The founder and managing partner of Quantum Fintech, Harry Yeh, called on investors in cryptocurrencies to be guided not only by the desire to protect capital from inflation, but also take into account their benefits for the portfolio.

Harry Ye (Harry Yeh) I expressed an opinion, that the growth of the Bitcoin rate is mainly associated with dollar devaluation. He noted, that current Federal Reserve policy (FRS) USA supports Bitcoin. At the same time, the regulator continues to issue dollars and is so far only on the way to curtailing the policy of easing interest rates.

The founder of Quantum Fintech believes, that saturating the economy with dollars puts cryptocurrency in an advantageous position as an alternative to fiat money. Against the backdrop of the economic crisis and fear of the collapse of the financial market, cryptocurrencies have evolved and become investment attractive for both institutional, and for retail investors.

According to Ye, investors should focus on, to choose the right assets for your portfolio, rather than approaching cryptocurrencies with skepticism and solely from the point of view of protecting capital from potential economic collapse.

Earlier, Huobi Research analysts published a report, which predicts the negative impact of Fed policy changes on the cryptocurrency market. According to experts, the regulator gradually begins to move in the direction of reducing liquidity and increasing interest rates. This may lead to, that "bubble", which inflated the cryptocurrency market, will burst.

Investor and economist Louis Navellier believes, that there is also a “bubble” in the stock market, which could lead to a strong correction in risky assets. In this situation, Bitcoin could fall to $10 000. Former Bitmex CEO Arthur Hayes Predicts a Cryptocurrency Bear Market and Urges Investors to Consider Investing in NFTs and the Metaverse.