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

Founder and Managing Partner of Quantum Fintech Harry Yeh urged cryptocurrency investors to be guided not only by the desire to protect capital from inflation, but also to consider their benefits for the portfolio.

Harry Yeh expressed the opinion that the rise in the bitcoin rate is mainly associated with the devaluation of the dollar. He noted that the current policy of the US Federal Reserve System (FRS) supports Bitcoin. At the same time, the regulator continues to issue dollars and 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 a financial market collapse, cryptocurrencies have evolved and become investment attractive for both institutional and retail investors.

According to Yeh, investors should focus on choosing the right assets for their portfolio, and not approach cryptocurrencies with skepticism and solely in terms of protecting capital from potential economic collapse.

Earlier, Huobi Research analysts published a report in which they predict the negative impact of changes in the Fed’s policy on the cryptocurrency market. According to experts, the regulator is gradually starting to move towards reducing liquidity and raising interest rates. This can lead to the fact that the “bubble” that has inflated in the cryptocurrency market will burst.

Investor and economist Louis Navelier believes that the stock market has also inflated a “bubble”, which could lead to a strong correction of risky assets. In this situation, Bitcoin could fall to $ 10,000. Former CEO of the Bitmex exchange Arthur Hayes predicts a bearish market for cryptocurrencies and urges investors to consider the prospects for investing in NFT and the metaverse.