Laith Khalaf: Don't write off Bitcoin just yet

Cryptocurrency

clock • 3 min read

Laith Khalaf explores the rise and fall and potential rise of Bitcoin and says the future of the currency is impossible to predict...

A 70% fall in the value of an investment in the space of nine months is normally something that should at least precipitate a sharp intake of breath. In the case of Bitcoin though, its prodigious fall from grace since it peaked last November is pretty par for the course. It's not even the cryptocurrency's worst drawdown in the last five years - it fell by 83% in the year to December 2018. Of course, most of us intuitively grasp that what goes up like a rocket can fall back to earth just as sharply. But before you open your jar of crypto-dodger schadenfreude, just bear in mind that the...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Crypto investors receive 40 times more HMRC tax warnings than stock traders

Crypto investors receive 40 times more HMRC tax warnings than stock traders

Data shows enforcement activity shift

clock 19 March 2026 • 2 min read
Wrestling with the idea of a new world order? Try European smaller companies

Wrestling with the idea of a new world order? Try European smaller companies

'Let me try to explain the case for calm'

David Walton
clock 16 March 2026 • 4 min read
Low-cost platforms spur one in three UK adults to invest

Low-cost platforms spur one in three UK adults to invest

Trading 212 the main beneficiary

Michael Nelson
clock 12 March 2026 • 2 min read