Based on analyses of the best South African savings accounts, you can expect to earn an average 4,88% return. Looking just beyond the banks’ sales pitches, though, reveals that the picture isn’t so rosy.
Investors are finding new ways to separate potentially life-changing investments from those not worth the time.
Avalanche, a smart contract blockchain similar to Ethereum, launched in September 2020 and has since climbed its way into the top 10 cryptocurrencies.
You need not look any further than three of the world’s largest financial institutions to see the dramatic shift taking place – JP Morgan, BlackRock, and Goldman Sachs.
Centralised financial institutions make colossal deals with each other that exploit entire markets, receiving returns unattainable to the average person. In this world, it’s not who you know but how big your bank balance is.
DeFi (Decentralised Finance) is the rapidly growing sector of personal finance products built on blockchains using cryptocurrencies.
We’ve all heard about inflation, but few know that we are experiencing the highest inflation rate in forty years.
You can’t predict wars or pandemics, but you can use safe-haven assets to secure value against the market.
Gold has outperformed Bitcoin and the S&P 500 by over 5% this year.
Armed conflict, sanctions imposed on Russia and the rising possibility of nuclear fallout, all create uncertainty in the markets.
For those who have never heard about LUNA, it might come as a surprise that it returned over +14 700% last year.
When trying to understand the nuances of a specific cryptocurrency, it can be helpful to think of a crypto project as something similar to a high-growth start-up.
Given what we know now, we would have jumped at the chance to invest in internet companies like Amazon and Google back in the 90s. But, back then, picking the winning investment of the internet age wasn’t as easy as you think.
In the stock market, you’ll find loads of different sectors with companies solving similar problems. Today, the crypto space is no different.
For decades there has been a prevailing belief to “buy low and sell high” in order to be profitable when investing. It’s time to retire that expression.
The idea is to invest across multiple cryptos so that a drop in prices of one does not significantly reduce your overall portfolio’s profitability.
Now that crypto is becoming more mainstream, is it possible that you missed the boat? Are you wondering if the markets will still grow? Is it even worthwhile to start investing?
Names like Ethereum, Solana, Polkadot and maybe even some lesser-known ones like Terra and Binance Coin are becoming more recognisable.
The markets may be experiencing a volatile start to the year, but 2022 is gearing up to continue the adoption pace of crypto that 2021 set.
With the first public companies and legendary investors publicly stating their support for Bitcoin, 2021 will go down as the year of mass adoption and the beginning of institutional interest in crypto.
While we have seen a recent pullback in the crypto market, the phrase that continues to ring true is: “It’s not about timing the market but rather time in the market.”
As they say in the business, time in the market beats timing the market.
Regardless of bull or bear markets, Bitcoin has returned over +27% a year for any five-year period in its history.
It’s an exciting time for the crypto investor, and given the amount of evidence suggesting that an alt season may be incoming, getting up to speed will place you in good stead to make the most of it.
People don’t realise the far-reaching effects inflation can have on your financial situation and how hard it can make it for you to grow your wealth.
Within the span of two weeks, we’ve seen Ethereum, Solana and Polkadot break their all-time highs and explore previously uncharted price ranges.
Historically, we have seen money flow from Ethereum to large-cap altcoins. This time, they seem to be moving all at once.
Ethereum is one of the top-performing cryptocurrencies of the moment, with many investors excited by some of the recent developments.
Weary Millennials, early adopters, and cypherpunks, are you tired of explaining cryptocurrency to others?