Cryptocurrency investing: Why you SHOULDN’T look at price changes – expert | City & Business | Finance

Business


He explained: “When you think about investing in cryptocurrency, most people think about buying some bitcoin in the morning, waiting to see if it goes up a few percent, and then selling for a profit at the end of the day.

“As the world of crypto investing matures, the ways in which people can invest in cryptocurrencies expands.

“For instance, one way that more and more people are making the most out of their crypto is ‘staking’ it.”

How well a currency would stake should help people pick which one is right for them, Mr Vey added.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *