“Last quarter, you had over 100 million people with an account inside a crypto exchange.
And one of the mechanisms is that every four years, the number of bitcoin that are offered to miners every 10 minutes, is cut by half,” explained Mr Arslanian.
She has this advice for such users: “Unless you want to actively trade in it, if you just want to buy it to own some, buy it and just don’t look at the price.
Mr Steve Brice, chief investment officer at Standard Chartered Wealth Management, said: “What is its valuation? How do you value bitcoin? It’s really difficult.
So as and when I want to buy or sell, it’s extremely simple and I don’t need to go through a bank or broker to do it.
“You should be comfortable with the risk that if it goes to zero, it’s not going to devastate you financially.