VC Peter janssen investment founded FirstBlock Capital LLC to invest in digital assets. He sees cryptocurrencies as a timely investment opportunity and believes that the future of the internet is based on these nascent technologies. Janssen has over ten years of experience investing in venture capital, trading, and portfolio management. Initially interested in Bitcoin, Janssen soon realized that the cryptocurrency was more than a fad.
It Is Important To Do Your Own Research Before Investing
However, it is important to do your own research before investing in cryptocurrencies. The price volatility of cryptocurrencies can make it very difficult to predict if you’ll lose money. Peter Janssen is no stranger to this. In early 2016, he over-invested in Bitcoin and other digital currencies. However, his portfolio eventually reached 50% of its total value. He rebalanced his portfolio when the price reached a threshold of fifty percent.