Most financial advisors are confident in the growth of bitcoin.

Exactly 5 years ago Bitcoin (BTC) cost $233; over the past 1827 days, the growth of the cryptocurrency is 3666.83% at a price of $8859 (attime of writing the article).

Over the years, much has changed, and, given the success of the cryptocurrency, over the next five years, bitcoin can reach new heights in terms of acceptance and use.

This year, Bitwise conducted a survey on attitudes/trust towards cryptocurrencies, the group of respondents included 395 financial advisors.

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37% expressed the opinion that in January 2024 the priceBitcoin will be in the range of $ 10,000 - $ 24,999. The dominant 64% predict that the price of Bitcoin will be higher than the current estimate, and 8% decided that BTC will drop to 0.

According to the survey, despite recentFailures with the SEC, exchange-traded funds or ETFs were the preferred option for consultants to acquire digital assets in the market. The hedge fund industry has become the least preferred option on the list, and only 16% thought direct coin buying was the most suitable alternative.

In terms of investment strategy forFor cryptocurrencies, 45% of consultants believe that an actively managed fund is the most suitable option. Usually it is controlled by a team of managers who decides how to invest the fund's money. It has higher risks compared to a higher reward value.

A diversified index fund has beenThe preferred strategy for 43% of consultants, which follows several asset portfolio structures. A diversified fund involves several securities, often in several asset classes.

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