For many, the world of cryptocurrency is enticing. After all, most people remember when Bitcoin made headlines when its value soared, and getting your hands on the next big success could be life-changing. However, it is important to be smart before you commit your hard-earned money. If you are thinking about taking the leap, here’s what you need to know.
Throughout 2018, there was a lot of talk about the strength of the use economy. The demand for workers remains high, and the massive tax breaks boosted corporate earnings in many sectors. However, the stock market during the year was a bit rocky. A few major scandals rocked typically stable companies (even if they largely recovered). There were also a couple of major milestones, including the first $1 billion company. That means there were some winners and losers over the course of the year. Here’s a look at them.
In 2017, the first Bitcoin fork, Bitcoin Cash, hit the market. Since then, dozens of others appeared, creating a lot of excitement (and confusion) in the world of cryptocurrency. Many casual cryptocurrency investors are unfamiliar with Bitcoin forks as well as how the next Bitcoin fork date can impact them. If you are wondering whether profiting from the next Bitcoin fork date is possible, here’s what you need to know.
Netflix has been a tech stock du jour for some time. Many consider it a relatively safe bet, even though it has had ups and downs like any other company. But I managed to time my purchase of Netflix top at a great time and was essentially able to use the stock to significantly add to my retirement fund.
Usually, if you are an active trader, having a plan is the best approach. You need to figure out when you want to enter and have a strategy to guide your exit. Otherwise, a quick gain may be offset with a fast investment loss. However, if you set your sights too low when you plan the timing of your exit, you can miss out on an exciting opportunity. Similarly, if you don’t listen to your gut, you might regret selling when you do.