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Cryptocurrency - Is it worth including in your portfolio?

Bitcoin's price is up nearly 16 per cent so far in 2021 after being up 122 per cent at one point

Deepak Jasani - HDFC Securities
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Deepak Jasani - HDFC Securities

Deepak Jasani Mumbai
Is it an alternative currency? A technology? A venture capital investment? A specious bubble?. Cryptocurrency is decentralised digital money, which works based on blockchain technology.

In the past six months, cryptocurrencies have seen their prices skyrocket on the back of tweets, comments on social media, and advice from random people some of who barely know anything about how cryptocurrencies work. There are now over 4,000 in Crypto currencies in circulation in 2021 vs 180 sovereign currencies recognized as legal tender in United Nations (UN) member states.

As the price kept moving up, everyone felt the FUD (fear, uncertainty, doubt), and