Cryptocurrencies are no longer available to retail traders - so what next?

Other alternatives available to boost portfolios

clock • 4 min read

The FCA's ruling to ban the sale of crypto derivatives for retail consumers in the UK from 6 January 2021 may have come as a blow to some investors – especially since the latter end of 2020 and the start of 2021 saw bitcoin and other cryptocurrencies hit new highs

Contrasting opinions abound on the FCA's decision, but what is clear is that it has left a great deal of customers with a unique risk appetite looking for somewhere new to invest. There are a number of factors that explain why cryptocurrencies were so popular among retail traders in the first place, but perhaps the biggest is, of course, their potential for explosive price rises - part and parcel of the asset class's spectacular volatility. The safe haven debate: Why Bitcoin is not 'digital gold' For example, in the 12 months between October 2017 and October 2018, we saw the price ...

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