How to start investing in cryptocurrency?

As a beginner, odds are you’ll want to start with either a broker like Coinbase or a spot trading platform like Binance to get started with cryptocurrency investments and basic trading. From here, you can then move on speculating with more complex financial instruments, like futures, options, prediction markets and leveraged tokens .

Is crypto a good investment?

Cryptocurrency is a unique investment because it can be used to buy things and can also be held as a long-term investment; how you manage your crypto holdings depends on your investing strategy and goals. You may wish to consider applying the Stash Way, a philosophy focused on regular investing, diversification, and investing for the long term.

What are the different types of cryptocurrency investment trusts?

You have a choice of exchange-traded funds (ETFs), such as index funds and futures funds, in addition to a range of cryptocurrency investment trusts. Some crypto-focused funds invest in cryptocurrency directly, while others invest in crypto-focused companies or derivative securities such as futures contracts.

What is a cryptocurrency & how does it work?

This basically means a cryptocurrency is a digital asset that can be traded and used to pay for things. It’s not based on any actual asset, so there’s no intrinsic value; the value is determined by supply and demand – essentially, it’s only worth what a buyer will pay.