The Bitcoin value has dropped over recent days and is expected to recover. The cryptocurrency is volatile in nature. It reached a record high when it passed $19.850 in mid-December. Then,it fell rapidly, reaching below $12.000 in a couple of days.

Bitcoin’s value underwent an unpredictable shift over the following weeks, but went up again after the turn of the year. Right now, it’s relatively steady. However, Bitcoin’s value is anticipated to continue to shift unpredictably. According to some financial experts, potential investors should avoid getting involved with Bitcoin.

JPMorgan Chase CEO Jamie Dimonsays the cryptocurrency “is a fraud.” Dimon thinks it’s not a real thing and will eventually come to its end.

According to Michael Novogratz, the former Fortress hedge fund manager, Bitcoin is going to be “the biggest bubble of our lifetimes by a long shot.”

Tony Robbins, an American author, entrepreneur, philanthropist, and life coach, says investing in Bitcoin is “like going to Vegas.”

On the other hand, others think Bitcoin could keep rising towards the $1m mark. So, you can try having another approach to this question instead of asking yourself whether you should buy Bitcoin or not. Just ask yourself whether buying Bitcoin fits into your investment plan or not.

If you’re interested in a Bitcoin merchant account, turn to a reputable payment processor to get answers to all your questions. With a reliable and experienced high risk merchant account provider, you can have your Bitcoin merchant account opened easily.

Even if it’s difficult to get approved for this type of account with traditional processors, a respectable merchant account services provider can have you accepting orders within 72 hours. The true professional in the field will offer you credit card processing solutions tailored to your own specific business needs.

No one argues that financial goals are important, and that you should do your best to avoid failure. Spread your risk out by diversifying across many different types of investments. Focus on the process of figuring out your goals, creating a portfolio that matches your goals, and then maintaining it for a very long time. This is how you can achieve your goals.

Author Bio: Electronic payments expert, Blair Thomas, co-founded eMerchantBroker in 2010. His passions include writing/producing music, and travel. eMerchantBroker is America’s No. Bitcoin merchant account company, serving both traditional and high-risk merchants.

Increasing the return on investment is the goal of every business, and there are three core ways to achieve this: increasing the value of current clients, increasing client volume, and reducing resource expenditure.

Image Credit

Digitisation via financial planning software can help with all of these, thereby contributing to improving ROI over time. Here is a brief breakdown of how financial software can help increase your business’ ROI.

Quality client touch points

Client touch points, or the points at which your clients interact with you from start to finish, can have a major impact on client satisfaction, thereby altering the value you can gain from current clients. Happy clients are far more likely to stick around during a downturn, invest more, and even refer new clients.

Financial advisor software like gives financial advisors significant amounts of client information with little to no time commitment, leading to personalised client service and making clients feel valued.

Another option produced by FinTech is a client web portal, or even a mobile app, both of which create an additional touch point and give clients more of a feeling of control and involvement over their investments.

Image Credit

Increasing client numbers

As long as you have the capacity to take on new clients, you can usually increase revenue and ROI by doing so. Financial planning software can contribute to increasing client numbers in two key ways: marketing and lead generation.

With marketing, FinTech primarily contributes through statistical analysis, providing demographic-specific marketing information that leads to the possibility of extremely effective targeted advertising.

Lead generation follows on from demographic-targeted information, as well as from increased customer satisfaction. Lead generation is putting the demographic information into practice, using the generated information to convert potential clients into paying clients.

Reducing advisor time requirements

Finally, financial planning software can have a massive impact on the ease with which financial advisors can assess risks and properly manage client assets. Less time spent for the same or better results means the same functional cost can cover a larger number of clients.

Software can accomplish this in part through aggregation services. This entails aggregating all relevant information, from market and risk analytics to client accounts and preferences, in one place for maximum usability. It’s a good way to boost efficiency whilst reducing the chance of an analyst missing something.

  • Partner links