Cryptocurrency has been one of the fastest growing trends as of lately. Many investors have decided to aim their focus on this new market that operates in a virtual world. A prominent group of investors that started trading in this field is Oxford Club. This organization is a multi-national financial publisher that is headquartered in Maryland.
Operating from Baltimore, the Oxford Club offers memberships to investors and currently has over 80,000 members from 100 nations worldwide. The services they provide are numerous, some of them being monthly newsletters, research on good investments, recommendations on trading, and so on. Besides these, the organization brings its members together through seminars and excursions.
One of the latest endeavors that Oxford Club has engaged in is related to the world of cryptocurrency. Adam Sharp, who is the founder of Early Investing, sees the potential of this industry and attempts to clarify the ins and outs of it. He has invested in bitcoin, Etherum, and many other currencies himself, which made him a substantial amount of income.
Sharp recently discussed what an ICO, initial coin offering, does for investors and how one should approach those. As someone who has taken part in many of IOs, Sharp suggests that people should always back their decisions up with research. This means that people should know who the investors that are working on the new ICO are, what their goals are, is there a good vision of the future, and more.
Sharp also explains how Ethereum is one of the main cryptocurrencies that he has been monitoring as of lately. This is because there is a lot more that Ethereum can offer in terms of its smart contracts that enable one to put a series of conditions in place. That is why a lot of new ICOs require people to purchase their coins in either bitcoin or Ethereum. Also, the market cap on this currency is the second largest in the market.
Sharp believes that cryptocurrency is where the future of finance lies which is why the Oxford Club has brought all of his strategies closer to its 80,000 members!