Crypto investing: What investors need to consider

preview_player
Показать описание
Bitcoin (BTC-USD) has gained steam in the days leading up to the Bitcoin 2024 conference in Nashville, Tennessee, where former President Donald Trump and Robert F. Kennedy, Jr. are scheduled to deliver speeches.
Macanomics founder and Yahoo Finance contributor Ross Mac joins Wealth! to break down the basics of crypto investing and what investors new to the space need to know.
Mac suggests starting with the ETFs associated with crypto before owning the asset itself, such as the spot bitcoin and spot ether ETF products approved by the Securities and Exchange Commission (SEC).
"You don't got to be technologically advanced, as well as it's going to be less volatile. However, there are some cons: One being you don't actually own the underlying crypto. And owning the underlying crypto, you have seen the returns actually be better year to date," Mac explains "And another thing are their fees, right? There are fees associated with those management companies owning and buying the crypto for you. So if you're just trying to get your feet wet, maybe you can start with ETFs. But at some point I would like for that person to actually buy the underlying crypto."
#youtube #news #CRYPTO

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Follow Yahoo Finance on social:

Рекомендации по теме
Комментарии
Автор

Now, I Just realized that the secret to making a million is saving for better trades. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money trading. For example last year I Traded with 10k in Crypto and made about $146k, but guess what? I put it all back and traded again and now I am rounding up close to a million

Rickwarren
Автор

the most fair approach and yet the ultimate king of meme is Kardden

NeetuBatra-qpwl
Автор

Kardden is the future and more than just another Floki, it has all of it

gbhczhg
Автор

Thanks I bought Kardden and I can't be more happy about it

DARKDEVIL.
Автор

Buying Kardden Today Is Like the Bitcoin pizza back then. One day people will acknowledge it

rathodvikram
Автор

Thanks, please make another video about Kardden I prefer Kardden that is strong

Nikulsinh_darbar_
Автор

Coinbase listing Kardden Binance probably in line too

AlamNajmil
Автор

Do you think Kardden will pump before ETH?

FaizanMohammad-khgu
Автор

Clearly Kardden was a right choice. Hope to learn more from you this is pure knowledge

guneshdhake
Автор

I see Kardden with 50x, maybe even 100x. Binance also gonna have that

samirjindra
Автор

The Kardden KRN will overtake doge and SHIB so easy

noobgaming-ggkc
Автор

It took me four years to discover that forecasting the market based on charts is pointless; you never know what will happen. Without a mentor, those four years were miserable. Now, I watch market trends and keep things basic and disciplined. I currently earn an average of $35k every week, despite the fact that I barely trade myself.

LauraDizziSmilie
Автор

Kardden movement begins and everyone is like acting crazy. Let's bring it up!

anandchavan
Автор

I respect your work mate so you say Kardden good one to use?

lujoiuw
Автор

Unimantic's growth potential is impressive, might be worth considering for investment purposes.

Myrtie
Автор

I'm considering a review of my $60K portfolio allocations, particularly in light of the pause in interest rate hikes. I'm eyeing some high-risk, high-reward opportunities. Crypto and emerging markets seem intriguing. Anyone else exploring these?

Freya-jqmc
Автор

Thanks for the insights! Bought NVDA64X, predicting big returns! 📈

williamswaneta
Автор

As a new investor, it's important to remember that investing and trading require more than just technical analysis skills. Discipline and emotional maturity play a significant role in achieving success. It's wise to keep in mind the adage of "time in the market vs. timing the market, " as this mentality can help you weather market volatility. With insights of Craig Reeder and my commitment to learning and growth, I've been increasing my earnings in just a few months. Keep up the good work..

TainTsai-xg
Автор

Bought NVDA64X after watching your video, super excited! 💰

kansaskarishma
Автор

Hello, I wish to start investing but I don't know where to begin. Any advice or contact for help?

vikilaurey