Crypto for AdvisorsThe hidden costs of holding your own bitcoin

Image for article Crypto for AdvisorsThe hidden costs of holding your own bitcoin
News Source : CoinDesk

News Summary

  • Dovile Silenskyte, director of digital assets research, WisdomTree Ask an Expert.
  • Bryan Courchesne, from DAiM, answers questions about how the failure of the CLARITY Act vote could impact bitcoin as an investment.
  • "Crypto" is often treated as a single asset class, but the regulatory and investment characteristics of bitcoin can be very different from those of individual tokens and crypto businesses, says Silenkyte.
  • For bitcoin investors, I would view the outcome more as a delay in regulatory clarity than a change in the underlying crypto market.
Hardware wallets can reduce certain risks, but they do not make operational security foolproof.

Must read Articles