Cryptocurrencies have many upsides, which can often be lost in the sheer volume of mixed coverage they receive. Here are just some of the reasons why crypto should be seriously considered as an investment option for a diversified portfolio.

Technological Innovation:
The blockchain tech that underpins crypto offers multiple benefits. Decentralization provides freedom from external control as well as levels of autonomy and security that are often lacking in traditional financial systems, and the transparency afforded by the blockchain ledger holds great appeal for savvy investors.

Economic Aspects:
Offering an alternative to traditional finance, crypto also provides solutions to issues encountered in the institutional financial system. These include, but are not limited to, faster and potentially cheaper transactions, reduced reliance on intermediaries, and increased privacy.

Investment Potential:
Crypto is rightly renowned for being volatile, but with that has come significant growth potential in some currencies and some of the well-known cryptos such as Bitcoin have experienced exponential increases.

Institutional Adoption:
A growing involvement in crypto investment from traditional asset management firms is another driver of potential value. Major firms such as BlackRock and Grayscale have crypto products, which have helped widen adoption.

The descriptions provided above are all based on publicly available information, and cannot be considered as financial advice or encouragement to invest. Sources of information used in this post include Investopedia, Forbes and bitcoin.org. All transactions involving digital assets involve certain risks, which you should familiarize yourself with prior to any investment.