crypto investment

By:
On:
In: Investment
With: 0 Comments

The cryptocurrency market has been booming for the past few years, but it is only now that people are starting to take notice. This year saw Bitcoin rise from $1000 per coin to over $6000 per coin in just one year. There are many reasons why this could happen, but what matters most is that there is still time if you have not invested yet!

You will see major changes happening like Binance Closes Margin Trading for AUD, EUR and GBP. Now we will explore three reasons why 2021 might finally be the year for cryptocurrencies and how you can start investing today.

It’s Only Up from Here

cryptoOne of the most significant reasons you should start investing now is that we are only at the beginning stages of a major revolution. Currently, cryptocurrencies such as Bitcoin and Ethereum account for approximately half of all cryptocurrency market capitalization, but that number could easily rise to 80%.

This means that there will still be room for growth, even if the market is flooded with cryptocurrencies, unlike now.

The Mainstream Media Will Come Around

Another reason you should consider investing in cryptocurrency today is how many people are talking about it. If you have not already noticed by watching television or scrolling through social media feeds, there has been an influx of news stories regarding Bitcoin and Ethereum. Even smaller alternative coins like Safemoon, Doge, and Shiba are getting attention now.

This is a sign that the mainstream media and society as a whole are starting to embrace this new idea, so you should jump on board before it’s too late!

The Market Will Be More Stable

crypto investmentFinally, another benefit of investing in cryptocurrency today is that we will experience major stability within the market. Currently, there is no way for you to convert your Bitcoin back into US dollars easily, and even converting cryptocurrencies like Ethereum will cause you to pay a high amount of fees.

However, with the development of more decentralized exchanges such as Kyber Network, we could see the market become far more stable than it has been in years past (less volatility).

The Takeaway

So, if you have reached the end of the article, we would like to congratulate you for making it through. The cryptocurrency market can be very intimidating, but hopefully, this article has helped to ease your fears, provided you some grounds, and given you some helpful tips on how best to start investing in the crypto space today!…

a property investment

By:
On:
In: Investment

Real estate investment is one of the best ways to accumulate wealth and have a steady income. Also, it has the benefit of generating passive rental income, among many other advantages. However, this kind of investment, like the different types of investments, has its risks.

One of the ways of minimizing risks is to ensure the property is in a prime location, so it is always occupied. Also, a house with many units that can accommodate different kinds of tenants like singles and families will ensure less risk of vacancy. To mitigate against such risks, investing in multifamily property would be a better option.

Below are the common risks of investing in real estate, you need to be aware of while putting your money in the sector:

Unfavorable Location

unfavorable location riskThe location should be top on the list of things to consider when investing in real estate since it influences several things. Firstly, it determines demand and supply. You may think a location is good for investing in properties due to lower prices, but that would see many people invest there pushing the prices down.

Secondly, places with high crime rates can make most people opt to rent instead of buy properties. Selling your property in those places may be a daunting task. Such locations also pose the risk of vandalism driving up replacement and repair costs. Thirdly, location affects the rate of appreciation. Low appreciation implies negative returns when the investor decides to sell the property.

Overpaying for Your Property

The top-secret of succeeding in real estate is getting the right property at the right price. You must ensure you do not pay more than the actual value or overspend on renovations. While buying, you could end up with a property that is more damaged than it appears, thus end up spending so much on repairs and renovations. To minimize this risk, always inspect the property thoroughly and get professional help in doing that and for valuation. It would also help to avoid over-improving a property more than the local market requires.

Negative Cash flow

loss due to poor analysisThe cash flow in real estate is the profit the investor realizes after settling the expenses, taxes, and mortgage installments. There is a risk of getting negative cash flow in case the rental income cannot cover the mortgage payments, taxes, and expenses.

Negative cash flow risk occurs when the investor does not perform a proper market analysis for their real estate investment. To minimize this risk, you need to accurately work out the income and expenses prior to investing in a property. Selecting a prime location is also critical to ensure the investment generates positive cash flow, so you get an impressive return on your investment.…