Block-chain technology has allowed many to diversify our portfolio and build different strategies to maximise profits. Platforms, allowing you to stake or pool your crypto-assets, offer rather high returns ranging from 10% all the way to 40%, with respect to the usual financial assets. Countries worldwide are now implementing bans and restrictions on Crypto instruments. Muslim countries have banned the use of such assets, being considered Haram under the sharia-law. Asian countries like China have developed their own Crypto-currency. African Countries like Angola or Senegal, that represent some of the largest markets for decentralised currencies, have respectively implemented bans since January 2021. Other countries have been embracing the change brought forth by the crypto revolution and have decided to begin taxing, like Israel and Bulgaria, that tax crypto as Assets, or Argentina and Spain where crypto is considered under Income tax. Such changes have been shaping the structure of our financial environment and have given birth to new structures and systems within companies to diversify their strategies and appeal to a new group of investors. Companies such as Liquefy, are working through its tokenization platform, so that illiquid assets can be traded on exchanges, have fractional ownership, and access global investors. Other like Obike, have attracted customers by offering their own token, as a reward bikers can earn Ocoin through the Odyssey protocol.
After the recent rise in the Crypto market many have dwelled with the thought of taking profits or to keep holding. One would want an easy answer whether to know if to hold on or to go home, there isn't one. Crypto have recently surpassed more than 500 different coins, and with the wave of institutional investors currently flooding the market we still do not know, if the current peaks experienced last week can be referred to the 2017 ones. The current size of the crypto market and the subsequent diversification of capital in such tokens from companies and institutions, could mean that we could still have a couple of months to go before we experience the actual 2017 pop in the crypto market.
