Investors now have more options than ever before. They can invest in stocks, bonds, treasury bills, precious metals, real estate, and other opportunities. Out of every available investment, cryptocurrencies seem to baffle the public the most.
They wonder things like, “Is it a safe investment?” Or they may think, “Is cryptocurrency investing a scam?” Or a million other things might scare them away from this investment.
Before we begin, first of all, it’s important to say that cryptocurrency investments are safe. Believe it or not, this investment is insulated from many areas that affect the stock market.
Crypto will not fluctuate or falter because government mishaps, presidential faux pas, or financial institution friction. The news of the day has no effect on this currency. The stock market, as well as many other investment vehicles, cannot make the same claims.
With that said we’ll take a look at cryptocurrency vs. stocks and determine which option is better for your portfolio.
A Promising Future for Cryptocurrencies
Crypto has a promising future for a wide variety of reasons. Believe it or not, some of the world’s largest banks and governments are beginning to invest in Bitcoin and Ethereum. The most important and well-recognized banks investing in these currencies include the following:
- Barclays (UK)
- Goldman Sachs (USA)
- Banco Santander (Spain)
- Standard Chartered (UK)
- BNP Paribas (France)
- Société Generale (France)
- Citibank (USA)
- UBS (Switzerland)
Even better, governments and countries are beginning to embrace this currency. They are opening their arms and opening their minds to the possibilities. Plus, it’s very hard to ignore such powerful investments like Bitcoin and Ethereum. Too many people are making too much money and the rapid growth is truly astounding.
The biggest countries jumping on the crypto bandwagon include:
- United States
- United Arab Emirates
- United Kingdom
- South Korea
The Future of Investing in Cryptocurrency
Clearly, this currency isn’t going away anytime soon. It’s incredibly difficult to predict stock market movements and make good money in the process. Crypto may seem very volatile on the surface, but it’s a consistent winner.
Inexperienced investors fear the volatility of this currency and tend to shy away from it. But there are tools that can analyze trends and make it easier to predict future increases in price. These tools can also help predict when prices will decrease, which means you can buy more crypto at bargain basement prices.
If you’re going to buy this volatile investment, you must do so for the long-term. Invest in a cryptocurrency IRA for your best chance to improve your retirement portfolio.
You’ll also no longer have to rely on meager 3%-5% stock market gains every year. Because getting in crypto now means getting in relatively early while prices are still low.
Bank Spending in Blockchain Is about to Surge
Guess what? Regulations forbid banks from investing in stocks. So you can never put your money in a savings or checking account and expect to experience exponential growth. It’s against the rules unless you invest in a stock specific fund offered by the bank or financial institution.
On the other hand, since banks are investing so hugely in crypto, it’s expected that they will pump another $400 million into this tech in 2019 and even more moving forward.
As an investor, this is exactly what you want to happen. You want to see the big money players getting involved in your investments. This is what moves markets and adds value to your bottom line.
So, analyzing the market, you see that major financial institutions and other big players have taken a positive interest in cryptocurrency. Not only are they excited about the prospect, they are investing heavily into this currency.
Stockbrokers, hedge funds, and other financial institutions aren’t going out of their way to pump more money into the stock market. On the contrary, they are moving their investments toward blockchain.
Sure, they are still heavily invested in stocks and that is never going to change. But they are seeking alternative investments just like you. And many have decided that blockchain investing is the right move to make.
Why Are Banks Investing in Crypto so Much?
Believe it or not, investing experts feel that by 2022 this currency can save banks $15 billion-$20 billion per year in infrastructure costs.
As an investor, you should be jumping for joy when you read this statement. Anytime banks can save money means they will jump all over an investment. And any time they jump on an investment, it means prices are going to go through the roof.
Open a cryptocurrency IRA now and strike while the iron is hot. Financial institutions are just beginning to jump on the crypto bandwagon. Get in now before they do and reap huge rewards in the near future.
Expert Cryptocurrency Price Predictions
Some major players and big-time financial experts have weighed in on their thoughts about crypto prices. The top dogs have shared the following predictions:
- Thomas Lee from Fundstrat Global Advisors believes Bitcoin can reach $25,000 by 2022
- Kay Van-Peterson, a Saxo Bank analyst, predicts Bitcoin can hit $100,000 in 10 years
- Mark Yusko of Morgan Creek Capital expects Bitcoin’s long-term price to eventually reach $400,000
- Peter Smith, cofounder of Blockchain, predicts Bitcoin to reach $500,000 by 2030
- John McAfee of McAfee Antivirus fame believes Bitcoin can reach $500,000 in just three years
- Wences Casares, director of PayPal, feels Bitcoin can reach $1 million in the next 5 to 10 years.
The Biggest Reasons Why Cryptocurrency IRA Investing Is Better Than Buying Stocks
Stocks are an excellent investment if you work on Wall Street and have inside information. Otherwise they really are a sucker’s bet. Crypto, on the other hand, makes so much sense right now. It’s the biggest investment going for the following reasons:
- The revolution is happening right now. It’s best to get in on the ground floor.
- It’s a much less complicated investment compared to stocks.
- You can use your investment whenever you want to pay for things.
- Big investors, financial institutions, and even first world countries are investing in crypto.
- Take the power out of centralized governments’ hands.
In the battle between cryptocurrency vs. stocks, we feel that crypto is the clear winner. It’s new, exciting, and making many people a whole lot of money. Plus, it’s the future of currency. So get in now while it’s still brand-new and do yourself a big favor and open a cryptocurrency IRA today.
Really interesting article!
I’ve been thinking about investing in cryptocurrency for a while now, just from a personal use side of things, I like the concept of not having to rely on a financial institution to make and receive payments. ,
I also believe that the value will go up massively in the years to come. With the banks making moves it seems like a sensible investment to me, in terms of starting investments amounts, how much would you recommend?
Hello Nate! Thank you for sharing your personal experience with us with cryptocurrency! Mark Cuban believes a 10% allocation to cryptocurrency is a good amount. I also think purchasing one bitcoin per household member and purchasing 10 ethers (unit of ethereum) per household member would be good for your IRA. Thank you for dropping by with your personal experience, feedback and inquiry!
Cryptocurrency has always been the clear winner in this battle. Crypto currency is more table than ever before and I feel that any form f rise would actually make it more stable now. I’m not a big fan if the stocks and the trading. I feel crypto should be more better. Thanks
Hello Rodarrick! I’m glad you agree that cryptocurrencies are a clear winner in this battle. They are volatile in the short run but can be very profitable in the long run. Thank you for dropping by with your feedback!
Hello David, in investing, there is need to have a clear understanding of any form of investing you will be going into. The world is taking a different dimension and it been really amazing seeing various means of investments springing up by the day. Investing in stock is one good means of investments that I have tried in the past and we didn’t regret it. However, investing in cryptocurrency is the best I have seen between both means of investment and I agree when you say cryptocurrency is the future.
Hello Benson! Thank you for sharing your experience with us on both your ventures in stocks and cryptocurrency. I’m glad you agree that cryptocurrency is the clear winner between the two and many experts also agree with you that it’s the future of currency. Thank you for dropping by with your feedback!
The need to invest in cryptocurrency is getting more and more by the day and crytocurrency as a means of investment is gaining ground by the day. I don’t really know much about it, but I when saw a lot of people investing in it and after what I saw here in the best, it beats some of the what incakk best means of investments. I will love to learn more about it before investing in it. Best regards
Hello Bella! Indeed cryptocurrency is becoming more popular day by day, especially the major ones like Bitcoin and Ethereum. I wish you the best of luck in your research and investment endeavors! Thank you for dropping by with your feedback!
I believe both the stock and cryptocurrency are both worthy investments that can really make the difference in anyone’s life and future. To be honest, I feel everything comes down to personal decisions but I will still always give reference to the value of the cryptocurrency more than I will value the stocks.
Hello Bella! Stock market ventures may be profitable for some people but for the majority of people who don’t have insider trading information, cryptocurrencies are a much better long-run investment option. They also don’t get affected by any economic crisis or by what influential people say and are only beginning to get popular. I’m glad you dropped by with your feedback, Bella!