2. Cryptocurrencies have quickly
become a hot investment that is
gaining mainstream adoption.
Markets for digital currencies such as
Bitcoin were virtually unheard of
back in 2012.
But, since then, it has grown into an industry
worth more than $1.7 trillion. This sudden
surge in value and rapid evolution has
created immense wealth for early crypto
investors. As a result, there is huge interest in
finding and investing in the next
cryptocurrency unicorn.
3. With more than 12,000 different
cryptocurrencies on the market and the world
having been pushed further into the digital
realm by the COVID-19 pandemic investing in
technologies that serve as the gateway
between the digital blockchain space and our
human society could be even more lucrative
than trying to guess which token will become
the next Bitcoin or Ethereum. And there is no
shortage of innovative companies trying to
bridge the gap between the two worlds.
4. The original idea behind blockchain
technology digital ledger that automatically
tracks transactions between parties and
confirms ownership of a crypto asset was to
create a borderless, peer-to-peer electronic
cash payment system that's efficient and
secure
Investors can certainly invest in
cryptos themselves, perhaps by
buying small amounts of several
different cryptocurrencies.
5. Companies that adopt
blockchain technology,
especially in finance, may be
able to gain a huge edge
over traditional competitors
in processing payments.
But a better way to gain exposure to the
sector is to invest in companies -- even
bigger, more established companies -- that
benefit from increased popularity of
blockchain and crypto assets. The revenue
crypto service providers are deriving from
blockchain tech has explosively grown over
the past few years.
6. And brokers who offer
digital assets also may
attract more customers
than exchanges that only
offer traditional assets such
as stocks and bonds.
7. Nvidia and
AMD
Coinbase
Global
IN KEEPING WITH THAT GUIDANCE, HERE ARE
SOME OF THE BEST CRYPTOCURRENCY STOCKS
TO CONSIDER:
Block and
PayPal
Holdings
Canaan
and Hut
8 Mining
Facebook
and
Shopify
Robinhood Markets
CME Group