Having the right financial advice can make all the difference in the world when it comes to making returns on your money. Many people want to get involved in investing but many have no idea where to get started or what to even do once they do. This is why many companies such as The Oxford Club have been created to help both new and old investors get solid advice in order to get informed in the current world’s financial state.
The Oxford Club is a private investment publisher that is located in Baltimore, Maryland. They currently have over 80,000 members in over 100 countries around the world. The Oxford Club publishes monthly newsletters, investment research services, trading recommendations, seminar information and overseas investment events. The Oxford Club has been publishing for years so many investors use them to get all their financial information.
Their latest article discusses bitcoin, which has become one of this years hottest topic. The article gives a great history on bitcoin and talks about how the price has risen from 900 dollars all the way up to 16,000 thousand dollars in just this year alone. The Oxford Club author talks about how bitcoin is extremely speculative and thus is volatile in the markets today. He goes on to say that bitcoin is a great way to make a quick profit but that you should not rely on it for your retirement fund. The Oxford Club recommends that if you are going to get invested in bitcoin and other cryptocurrencies than you have to do it now before the prices get way to crazy for normal people to even get involved. Overall, this Oxford Club article gives a great history on bitcoin and gives many valid points discussing investing it in for your own personal gain.