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Cryptocurrencies - 5 digital currencies in one certificate

Bitcoin has not been a new term for many investors for several years. At the latest since the rocket-like increase at the end of 2017, which only ended shortly before the mark of 20,000 dollars, the cryptocurrency has been the focus of capital market news and has led experts to all sorts of opinions and price targets. Bitcoin is also currently in focus again. No wonder: since the beginning of the year, the cryptocurrency has grown by around 20 percent.

One of the reasons for the soaring could be the "halving" coming up in May of this year - the reward that the Bitcoin producers ("miners") receive for maintaining the network will therefore be lower. Background: Since no central authority directly controls and regulates the Bitcoin network, it is also not possible to arbitrarily create new coins - in fact, the maximum number is limited to 21 million pieces. Almost 18.2 million of these have already been created.

Historically, the Bitcoin rate has increased sharply after the Halvings. When the reward was halved for the first time in 2012, the price then went up by more than 8,000 percent; after the second halving in 2016, Bitcoin rose by more than 2,000 percent within the following year and a half. Of course, from today's perspective it is hardly possible to make a prediction about the course of the course after the third halving. However, the speculation alone that the scenarios from 2012 and 2016 could be repeated could lead to a price increase.

With this in mind, investors who are willing to take a risk can take a look at the participation certificate on Bitcoin (ISIN DE000VL3TBC7 >>>) from Vontobel. The Swiss were the first to issue such a paper in 2017. Participation certificates on cryptocurrencies offer investors uncomplicated access to the relatively young asset class. Since Bitcoin was created in 2009, numerous other crypto currencies such as Ethereum (Ether) or Ripple have been added. There are now more than 2,200 different "coins", all of which differ in popularity, possible applications and technology. Nevertheless, all cryptocurrencies that exist today share the property that they can be digitally exchanged and used for payments through a cryptographically secured verification process.

After the launch of the Bitcoin product in 2017, Vontobel expanded its offering to include additional cryptocurrencies over time. This means that investors can also invest in the cryptocurrencies Bitcoin Cash, Ethereum, Litecoin and Ripple.

Investors who do not only want to bet on one coin can now invest in a participation certificate on an equally weighted crypto portfolio (ISIN DE000VE5CRY7) and thus open a diversified position in the "cryptocurrencies" asset class with one transaction . When initially fixed, the portfolio consists of 20 percent each of Bitcoin, Bitcoin Cash, Ether, Ripple and Litecoin. The product is traded in euros and can be traded both on the stock exchange and over the counter. There is a fee of 2.0 percent p.a. for administration.

Christian Scheid, Editor-in-Chief of Certificates Austria, began to be enthusiastic about the international financial markets in the mid-1990s. After graduating with a degree in economics in 1999, he was editor and head of department at the investor magazine "Börse Online". Since 2006 he has been self-employed as a freelance business and financial journalist. You can register for the free newsletter here: Certificates Austria


The above text reflects the opinion of the respective columnist. Finanzen.net GmbH assumes no responsibility for its correctness and excludes any right of recourse.

Christian Scheid, Editor-in-Chief of Certificates Austria, began to be enthusiastic about the international financial markets in the mid-1990s. After graduating with a degree in economics in 1999, he was editor and head of department at the investor magazine "Börse Online". Since 2006 he has been self-employed as a freelance business and financial journalist. You can register for the free newsletter here: Certificates Austria


The above text reflects the opinion of the respective columnist. Finanzen.net GmbH assumes no responsibility for its correctness and excludes any right of recourse.

Christian Scheid, Editor-in-Chief of Certificates Austria, began to be enthusiastic about the international financial markets in the mid-1990s. After graduating with a degree in economics in 1999, he was editor and head of department at the investor magazine "Börse Online". Since 2006 he has been self-employed as a freelance business and financial journalist. You can register for the free newsletter here: Certificates Austria


The above text reflects the opinion of the respective columnist. Finanzen.net GmbH assumes no responsibility for its correctness and excludes any right of recourse.

Christian Scheid, Editor-in-Chief of Certificates Austria, began to be enthusiastic about the international financial markets in the mid-1990s. After graduating with a degree in economics in 1999, he was editor and head of department at the investor magazine "Börse Online". Since 2006 he has been self-employed as a freelance business and financial journalist. You can register for the free newsletter here: Certificates Austria


The above text reflects the opinion of the respective columnist. Finanzen.net GmbH assumes no responsibility for its correctness and excludes any right of recourse.


Image source: Certificates Austria