Obviously, yes. Otherwise there wouldn't be so many players.
However, darkness has been falling quickly on what was once positioned and packaged as The Wonderful World of Crypto.
Joyfully, venture capitalist and operator of a crypto hedge fund - Michael Arrington - has been circling the globe preaching the crypto gospel. The help-wanted ads had blanketed hiring sites for marketing communications pros and journalists to focus on digital currencies. Law firm Perkins Coie had established a practice niche in them as well as the bigger field of blockchain.
That was then.
Several hours ago, in TechCrunch, John Biggs warns investors to only kick in what they afford to lose. And they should have no expectations about the rate of return.
Now there are sites such as Coinopsy and DeadCoins which track the kinds and number of failed crypto initiatives. So far in 2018, there have been more than 1,000 which had gone kaput.
Confidence in crypto has been continually eroded by outright scams, hacking at the exchanges, and actual regulations and the threat of lots more regulatory scrutiny.
Some posit that the crypto market is looking to institutional investors to restore confidence. If they put in their funds in a big way trust could be re-built. That could happen.
Meanwhile, some watchers of the world of crypto are comparing it the dot.com bubble of the end of the 1990s. Lots of investors in startups lost money then.
There are, of course, many other ways to chase a potential high ROI. Recently George Soros has entered the litigation financing niche at the low end of personal injury lawsuits. The rate of return could be 20%. That move has attracted a lot of attention. Such attention can distract from crypto as an investment choice.
Contact Jane Genova firstname.lastname@example.org.