Is it Too Late to Invest in Bitcoin?
The rollercoaster of cryptocurrency prices started off on a wild ride in 2021, exceeding records previously set and abating the significant losses crypto investors had to endure ever since 2017. After its tumble at the end of 2017, Bitcoin broke records, reaching its greatest ever highs in March of 2021, topping the $62,000 mark. And […]
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But despite what some people may think, it is never too late to invest in Bitcoin. Some reports are making claims of how large investors are starting to flock to Bitcoin. Rumors like these have been floating around the Internet for quite some time now, although there has been little evidence to back it up. Several investors have gone on the record to tell the world how they diversify an investment portfolio. Central banks are hitting the glass ceiling as to how much they can do to fix the situation. Investors Eye Bitcoin As The Grand Prize. To Bitcoin enthusiasts, it only makes sense to....
This is the time of year when many people receive year-end holiday bonuses from their employers. Your bonus can be used for many things: paying off loans, buying yourself something fun, giving to charity, fixing the house, or going on a trip. If you are feeling particularly responsible, you could invest that bonus. But what to invest in? The mainstream....
A recent study published by Gambler’s Pick notes that Gen Zers are less likely to invest in traditional investments like equities and more likely to invest in cryptocurrencies, meme investments, and non-fungible tokens (NFTs). Gen Z More Likely to Invest in Cryptocurrencies and Meme Investments Than Stocks and Common Assets The web portal gamblerspick.com published a study at the end of April that highlights the investment choices of Gen Zers. Generation Z or Gen Z for short is a demographic that succeeds Millennials. The group colloquially known as “zoomers,” were born....
Nearly half of Gen Z and Millennials are also already invested in digital assets outside of their retirement funds and cited “inflation” as the biggest obstacle to early retirement. Nearly half of Gen Z and Millennials want to see crypto become a part of their 401(k) retirement plans, according to an October survey from United States asset manager Charles Schwab. Asking participants what they would like to see added to their 401(k) retirement products, the firm found that 46% of Gen Z and 45% of Millennials said they "wish" they could invest in cryptocurrencies as part of their retirement....
Throughout the years, ARK Invest CEO Cathie Wood has been a fan of blockchain technology and cryptocurrencies. In fact, Ark was the first ever public fund to invest in Bitcoin back in 2015 through the Grayscale Bitcoin Trust (GBTC). With cryptocurrency exchange giant Coinbase direct listing on the NASDAQ earlier last week, Wood’s various ARK […]