Nowadays, we all know that everything can be done from a desktop computer. This, in and of itself, suits us well when we are stuck at home as was the case on several occasions during 2020 and 2021 with the successive restrictions imposed on us due to the global COVID-19 pandemic. The habits we took after that mostly stayed. So we continue to use the Internet for shopping, work and entertainment.
Why not also try to make money in other ways? In this case by investing in it.
One of the basic rules of speculation is to diversify your investments, in short, not to put all your eggs in one basket, we will go with this article to introduce you to different forms of investing. By introducing it to you, briefly of course, but in a way that we hope will be as understandable as possible, we hope to make you click, to make you want to know more, or even to get started.
Cryptocurrencies and NFTs
Cryptocurrencies are probably the first thing that comes to mind when it comes to investing on the internet. Indeed, dematerialization is the core of these values, a concept that is inseparable from the very idea of the network.
If the latter is currently in a pullback period, we will not lose sight of the fact that it has risen since its inception at the end of the 2000s until it reached a record price of nearly $70,000 in November 2021. Other than the two amazing declines in the past, Bitcoin has seen two amazing drops in the past, in In 2013 and 2018, I managed to recover. And as with most stocks we want to invest in, a pullback period is a fitting moment, especially since it doesn’t last forever.
However, investing in bitcoin is a process that meets very specific rules. It’s hard to get started this way without really telling yourself beforehand. For example, it is necessary to go through a file broker, an English-speaking broker, there are several, each of them operates on its own terms: the minimum payment, the amount of fees … everything should be clear. Ideally for beginners, choose one organized by the AMF, Autorité des Marchés Financiers, and this will undoubtedly secure you. You will immediately have to create a virtual wallet. Again, there are multiple options, more or less risky. Make sure to choose the one that suits you the most.
If every person at least once in his life heard the name of a cryptocurrency, then it is definitely not the same with Sorare. Behind this name hides a game fantasy football It was created in 2019 which includes cryptocurrency.
For a better understanding, it is necessary to define fantasy football : This is a game that involves real football players, in this case those who play in tournaments who usually observe the players’ performance after each of their matches. This gives them value. In real life, but also in the game where we will be able to buy them in the form of cards, purchases that will be paid for using Ethereum.
These cards, which should actually be thought of as NFTs, make it possible to form teams and enter tournaments. Winning the tournament allows you to earn additional cards. Since these cards, based on their rarity, represent very large sums, it is possible to vary your blind drastically throughout the game, by choosing to resell them, or hold them in order to give additional chances of seeing their “track” soar.
This investment method has proven to be interesting and will be able to inspire even the most skeptical of cryptocurrency to look into the matter.
When it comes to financial investing, an option that is still valid and whose success has never faltered is to invest in the stock market. This picture may have an image of aging at first glance, but it is not. The stock market remains a dynamic investment.
Again, as mentioned earlier, be sure to diversify your investments. Don’t bet everything on the same horse, there are certainly many metaphors about it. More seriously, there may be some caution, but it’s still relatively easy to get into the stock market when getting started. Except in very exceptional cases, prices do not vary significantly from day to day.
By carefully following both their course of study and the national and international news that can have a direct impact on them, you will be able to quickly analyze and then evaluate the differences. You can easily get caught up in the game.
Note that, as with cryptocurrencies, you will have to invest in the stock market through a broker. Take as little risk as possible: Make sure it’s regulated and check how much fees you apply before you start. The field of finance is already tempting for scammers of all kinds.
Some tips to wrap it up
As a general rule, when investing for the first time, one should be relatively cautious. Start with small amounts, there will always be time to increase as you progress. Watch, daily, or even more so, if possible, the behavior of your stock; This will allow you to make the best decisions at the best of times.
And always remember one number: how much you want to lose. It may sound trivial, as such, but it is really important insofar as it will determine the boundaries within which you will develop your novice investor’s strategy. A kind of guarantee that you can congratulate yourself only if necessary.