You can now buy ApeCoin with Coinbase – Will ApeCoin keep going up?
Should you get in on ApeCoin or stay the hell away from it!?
ApeCoin was made available to retail investors on Wednesday, March 16th.
The cryptocurrency comes from a partnership between The Bored Ape Yacht Club and a decentralized company, ApeCoin DAO.
The new cryptocurrency has gained the attention of the retail community primarily invested in NFTs and crypto.
But stocks, crypto, NFTs, that’s what the new generation is all about.
ApeCoin started at $1 per token and is currently trading over $14!
Will the cryptocurrency continue to go up in value?
Let’s talk about it.
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What is ApeCoin?
ApeCoin is a cryptocurrency deriving from the Ethereum blockchain launched by the Bored Ape Yacht Club (BAYC).
If you don’t know who BAYC is chances are you might have seen their popular NFTs online at some point.
They depict creative and stylish bored apes that sell tremendously high on the market!
Below is a gallery of their work.
Bored Ape Yacht Club NFTS
The company Yuga Labs is the creator of both the Bored Ape Yacht Club and now ApeCoin.
ApeCoin is owned and operated by the ApeCoin DAO, a decentralized organization where each token holder gets to vote on governance and use of the Ecosystem Fund.
What is the purpose of ApeCoin?
ApeCoin ($APE) is a token for culture, gaming, and commerce used to empower a decentralized community building at the forefront of web3.
The cryptocurrency is essentially creating a token for members of its community to further enrich its NFT culture.
Will Yuga Labs’ new cryptocurrency have the same ‘status’ as Bored Ape Yacht Club NFTs do?
It’s certainly possible, but I’d love to hear your thoughts on this in the comment section at the end of the article.
The project is looking to create value within the blockchain culture, which has many possibilities that are still to this date unknown.
Just like when the internet was new, this new culture of blockchain technology is going to change the world.
Crypto, NFTs, and everything that we currently know in the space is just the beginning.
Something curious happened when the new cryptocurrency launched, it was available on every major crypto exchange.
The crypto is still fairly new and I anticipate as it continues to gain more attention, more retail investors will take a position.
How many ApeCoin tokens are in circulation?
Will ApeCoin keep going up?
ApeCoin has a total max supply of 1 billion tokens and 277.5 million are currently in circulation, which equivalates to only 28% of the total supply.
ApeCoin’s total max supply is less than Cardano (ADA, 45b), Ripple (XRP, 100b), and Algorand (ALGO, 10b).
While the new cryptocurrencies circulating supply is relatively low compared to its max supply, investors must be aware that developers may increase the circulating supply at any moment.
Increasing the supply (like any other cryptocurrency) would lower the price of ApeCoin.
The cryptocurrency is still a highly speculative play and investors should always due extensive research to identify and estimate whether the cryptocurrency will continue to go up in value.
So far, around 110 million APE tokens have been claimed by NFT holders.
Yuga Labs is getting 150 million APE, 10 million of which (“or equal value”) will go to the Jane Goodall Legacy Foundation.
140 million $APE will go to the companies and people that helped initiate the project.
The 80 million $APE going to its founders of Yuga Labs will be locked for the first 12 months so holders cannot cash out and tank the price.
So, is APE worth buying and holding for a year?
Let me know what you think in the comment section below.
How is ApeCoin being used?
Will Ape Coin go up
A mobile game called Benji Bananas, developed by Animoca Brands (whose co-founder, Yat Siu, is on the board of the Ape Foundation), is adopting ApeCoin as a kind of in-game currency.
For 25 ApeCoins, you can buy a Benji Bananas Membership Pass, which lets you earn “special tokens” in-game.
Those tokens can then be swapped for actual ApeCoins.
So far, this is the only utility of APE as it’s relatively new.
ApeCoin is part of the Bored Ape Yacht Club’s ecosystem and I expect a lot more utility will be offered in the future as we enter the metaverse and blockchain technology becomes more familiar.
What we do know is that APE will be used to access merchandise, events, and services later on.
How much is $APE worth?
At the time of this article, ApeCoin is currently trading in the market for $23.85.
Its current market cap is $7.1B with a typical hold time of 25 days according to Coinbase.
An improvement from earlier this March as seen below.
APE Market Stats – Will Ape Coin go up?
If retail investors decide to go long on APE then we can expect the typical hold time to increase.
ApeCoin is up more than 2,300% since its inception and has gained a lot of popularity across multiple crypto exchanges.
The $12-$13 price range seemed to be a foundation for APE although the cryptocurrency has begun to set new ATHs.
Granted, it’s only been two months, but I’d love to know your thoughts on how high this crypto asset can go.
This technology is a little mind boggling in the sense that it’s so simple yet revolutionary.
NFTs are going to change the way we transmit data and connect with one another.
The NFT community is growing now quicker than ever.
Welcome to Franknez.com – today I want to discuss what an NFT is and why this technology is growing so quickly.
Lets get started!
What Are NFTs?
NFTs, also known as non-fungible tokens, are a unit of data stored in blockchain technology.
This data is usually stored in a piece of artwork containing exclusive access and prizes for holders.
If you’re familiar with Gary Vaynerchuck, his startup VeeFriends is actually a collection of his personal NFTs.
Gary has built an NFT community where buyers gain exclusive access to VeeCon, a multi-day conference focused on business, marketing, creativity, entrepreneurship, and a lot more.
What Are NFTs Used For?
NFTs are tokens that may grant access to exclusive content, future products, prizes, or events.
Each NFT, depending on how the seller uses it, can unlock different levels of membership access. This is why NFTs are usually so expensive.
How Are NFTs Going To Change The World?
NFTs are cutting out the middle-man.
You can now sell NFTs directly without distributing tickets to your audience or community.
Business owners and entrepreneurs will be the ones to take advantage of this blockchain technology.
NFTs are also going to allow content creators to connect with the community and sell tokens for exclusive content and build a one of a kind art from that specific content creator.
These artworks are designed so that you cannot copy or duplicate them. They were originally created to protect or copyright artists’ work.
This means only one person could own the original, or a few people could own part of a scarce collection from that artist or content creator.
NFTs are changing our world by how we communicate with one another and transmit information.
For consumers, it can be a great way to keep something very personal and special from your favorite content creators.
How Do You Buy NFTs?
Because NFTs are Ethereum-based tokens, most marketplaces only accept ETH as a form of payment.
And if you have never purchased crypto before, check out this article on how to open your account through a crypto exchange.
Here you’ll be able to purchase Bitcoin, Ethereum, ADA, Doge, and other cryptocurrencies.
OpenSea is the world’s first and largest NFT marketplace.
How To Buy NFTs
Anyone can create and buy NFTs here, even if you’re not a content creator or have any knowledge in blockchain tech.
Can NFTs Go Up In Value?
If you’re a collector, then you’re more than likely building a portfolio that may go up in value over the course of a few months to a few years.
NFTs certainly have the potential to go up in value depending on who the creator is.
You just never know how far this certain content creator will go or who they will impact society one day.
Buying an NFT from their younger selves today could prove to be a rare piece of art in the future.
The NFT community is growing every day and as more content creators find ways to provide more value to their communities, NFTs will continue to be a source of exclusivity and connection.
Former Citibank executives form crypto hedge fund, Motus Capital Management
A trio of former Citigroup executives who left the bank in March have formed Motus Capital Management, a crypto hedge fund.
The firm says it wants to make it easier for high-net worth individuals to bet on cryptocurrencies.
Alex Kriete, Greg Girasole and Frank Cavallo are seeking to raise $100 million for a pair of actively managed hedge funds that will focus on digital assets, the three said via Bloomberg.
Kriete says clients are having difficulty identifying what’s “scammy” vs “real investment opportunities.”
I know retail investors are going to have a lot of opinions on this.
Let’s break it down some more.
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Who are the crypto hedge fund trio?
Former Citi executives start crypto hedge fund
Kriete and Girasole left Citigroup less than a year after being picked to oversee a new digital-assets group inside the Wall Street giant’s wealth-management division.
Before that, Kriete managed $3 billion and Girasole $5 billion for Citigroup private-bank clients.
Cavallo was most recently an investment counselor at Citigroup, where he oversaw $8 billion of assets and held roles inside the firm’s cross-asset sales and trading division according to Bloomberg.
All three are investing their wealth in Motus Capital Management.
This is one of the first crypto hedge funds to emerge in the crypto space.
And where there’s a hedge fund, we already know there are bets towards the downside.
Motus Capital Management to offer growth and income funds
Motus Capital Management
The crypto hedge fund says it plans to offer clients growth and income funds.
The growth fund will focus on investing in tokens with smaller market capitalizations that larger funds find it harder to invest in, Cavallo said.
“We think we hit the sweet spot,” he said. “With assets like Bitcoin and ETH, clients can do that on their own. They don’t need to pay someone to buy Bitcoin.”
Crypto hedge funds are relatively new and only have about $3.8 billion in assets under management globally according to a report by PwC.
Less than half of all crypto hedge funds have assets under management of more than $20 million, PwC found.
I expect this side of the industry to exponentially grow this decade.
Citadel’s Ken Griffin said he would provide crypto opportunities to his clients if the asset class became strictly regulated.
Crypto is taking over the new world as businesses such as AMC Entertainment and Tesla transition towards accepting cryptocurrency as a form of payment.
Do you think hedge funds should enter the crypto space?
Former Citi executives start crypto hedge fund
Who’s to say the SEC won’t begin to establish regulations to attribute to hedge funds over retail investors?
Similar to the stock market.
Investors are going to want to keep a close eye on the development of such regulations and ensure the crypto market’s integrity doesn’t get broken.
The crypto market, though a highly speculative market, has been accurately based on supply and demand unlike the stock market where many institutions have blatant power over retail investors.
Let me know in the comment section below if you’d like me to cover topics regarding crypto regulation.
And if you do, also be sure to join the newsletter to get email notifications and updates on new articles.
In order for SHIB to reach $1 per token its market cap would need to be in the trillions.
Having this come to fruition would be quite difficult.
However, because this cryptocurrency is still relatively new, investors have a chance at becoming profitable in the long-term as the market cap increases and new traders buy in.
Many of my readers were able to profit from the run back in October when I sent out a newsletter advising the token was looking very bullish.
If you’re on my Patreon, you saw I purchased the cryptocurrency a few days before it skyrocketed.
SHIB has been consolidating extremely well in the 20s which mean it’s found a new foundation.
If you missed the first and second run, this could prove to be a great entry point.
We’ve also seen that SHIB’s typical holding time has drastically increased to 112 days meaning investors are holding this cryptocurrency.
Robinhood is an online investing platform that offers commission-free stocks with high-yield cash management offerings.
This popular stock market trading app does not charge commission for stocks and cryptocurrency trading.
Robinhood, the financial technology company offers trading in stocks, ETFs, other options, and cryptocurrency.
Moreover, this online brokerage provides web and mobile-based services which will allow you to invest and trade easily.
Additionally, the mobile-based services of this platform have made it stand out from its other competitors.
You may be wondering about many questions arising in your head about Robinhood & Robinhood stock.
No worries!
Here in this article, you’ll find the answers to your queries and get to know all the details about this popular online brokerage like- How does it make money, the pros & cons of Robinhood, Robinhood stock price, the behavior of Robinhood in cryptocurrency & its future, and benefits of long-term investing in stocks & cryptos.
Keep scrolling to read more.
Let’s begin!
Overall Rating: 3 / 5 OPEN AN ACCOUNTAccount Minimum: $0 Fees: $0
Robinhood Review – Robinhood Trading app
Understanding Robinhood
With more than 13 million users, Robinhood is the best platform for active investors or younger investors who want commission-free trading and investing on mobile.
If you want to invest in cryptocurrencies like Bitcoin, Ethereum, Dogecoin, you can use this mobile and web trading platform to invest long term.
Apart from it, Robinhood (a popular stock trading app) went public in July 2021 and its share price was set at $38 for IPO (Initial Public Offering).
Also, Robinhood was listed on the Nasdaq stock exchange under the symbol “HOOD.”
Recently, Robinhood’s CEO Vlad Tenev said that the company is planning to release the feature that allows customers to trade stocks outside of market hours.
The company named this feature, “Hyper-extended hours.”
According to Bloomberg, Robinhood stock is the favorite stock of Cathie Wood’s ARK funds and they’re purchasing the stocks every week since October 2021.
Last week, ARK Funds have bought about 2.45 million shares of Robinhood markets.
Robinhood Business Model- How the company generates income
With no minimum and no fees for trading in stocks, cryptos, and ETFs, the company has to generate income as a business to be sustainable.
This online brokerage makes money from market makers and some other ways.
Here are the ways through which the company generates revenue.
Payment for Order Flow
In 2021, the company generated 75% revenue through the process payment for order flow (PFOF), in which the company directs their customer’s orders equity and options to a particular market maker and the company receives payment for this compensation.
Hence, PFOF is the major income stream for the company.
Payment for order flow unfortunately plays against retail investors.
The SEC has talked about banning the practice since it allows market makers to manipulate the stock prices.
Stock Loan Income
Robinhood generates revenue by lending margin securities to counterparties.
Furthermore, the company keeps all money it generates from lending your stock and does not share it with you.
This is a big problem because large financial institutions make more money from the user while orders are processed through dark pools.
Borrowing Uninvested Cash
Robinhood generates income by borrowing uninvested cash and depositing this cash in interest-bearing accounts.
Membership Fees for Robinhood Gold
Robinhood Gold program is a paid subscription service that allows users to benefit from premium features like margin trading, Level II Market Data, professional research, and enhanced quick access to deposits.
It is also one of the income sources of the company.
Robinhood Gold costs $5 per month.
Also, it gives a free trial of 30 days.
What can you invest in on Robinhood?
Robinhood Review 2022 – Robinhood trading app
Robinhood is a popular trading platform that allows the user to invest in stocks, cryptocurrencies, Exchange Traded Funds (ETFs), and options.
If you want to do commission-free trading in stocks, ETFs, and cryptocurrencies, then Robinhood is great for you.
Moreover, the company allows the investors to buy portions of stocks without paying the full share price.
It gives a free stock upon making referrals and opening the account.
When it comes to investing in cryptocurrencies, Robinhood allows to trade in several digital currencies including Bitcoin, BitcoinCash, Ethereum, Ethereum Classic, Litecoin, Bitcoin SV, and Dogecoin.
Most importantly, Robinhood has introduced IPO access for traders.
Besides, Robinhood does not offer the ability to invest in mutual funds, forex, bonds, and futures options.
The pros and cons
Pros
Simple, Easy to Use, and Easy to navigate
Free stock, ETFs, Cryptocurrency Trading
No account minimum
IPO access
Cash management accounts
Margin investing and Fractional shares
Cons
Limited customer support
No mutual funds and retirement accounts
Limited investment offerings
Limited investing research and trading tools
The Pros explained
Robinhood, the popular brokerage in the US, is extremely easy to use and accessible for people of any age and any income.
Robinhood is a mobile-first company that differentiates it from other companies.
Its trading app and web-based platform are well-designed and more than enough to trade.
The new investors or inexperienced users can easily trade on it due to its simple and user-friendly features.
When it comes to costs, Robinhood provides commission-less trading with no minimum fees.
You can invest in stocks, cryptos, options, and ETFs for free.
Furthermore, the company offers fractional share trading, and you can invest in expensive stocks without much capital.
Additionally, it gives quick access to deposited cash.
The account opening process in Robinhood is fully digital and free.
Rather you get free stock upon opening the account and by referring the new members.
Last but not least, the company offered IPO access in July 2021 to benefit its users.
If you trade often, the savings can be huge on this platform due to the lower cost.
The Cons explained
Along with plenty of advantages, there are a few cons of it.
Robinhood does not offer to trade in mutual funds, bonds, and futures trading.
The research, educational resources of this financial company is limited.
It provides basic tools for the services and users can access professional research by purchasing paid membership of Robinhood Gold.
The customer support available in this stock trading app is limited.
Although, the company had made necessary improvements to its customer service in the last year.
The Robinhood scandal has blown up after the freezing of buying ‘meme stocks’ in 2021.
The company lacks full trust from retail investors after restricting the rights to buy specific stocks from its users.
Robinhood, one of the best online stockbrokers generated huge transaction-based revenue within cryptocurrencies in Q4 2021.
It has a fast-growing cryptocurrency business as the company launched crypto gifts.
Most importantly, the company has introduced cryptocurrency wallets to 1,000 users as a part of the beta test.
Crypto wallets will help the users to transfer digital currencies in and out of the Robinhood app.
The rollout of crypto wallets may be expanded to 10,000 users in March.
Adding a wallet will help the traders to transfer their digital assets out of the online platform to invest.
Moreover, the company is planning to test new crypto-related functionality on its stock trading app which will allow the user to get statistics, transactions on blockchain at a glance.
The introduction of crypto wallets closed the gap among Robinhood app and cryptocurrency exchanges which will increase the trading in crypto markets.
Most of the US brokers don’t offer crypto wallets, therefore the rollout of crypto wallets on Robinhood will have positive impacts on Robinhood accounts opening in the future.
When it comes to Coinbase vs Robinhood, our personal choice when it comes to investing in cryptocurrency is Coinbase.
Investing in stocks and cryptos is great in so many ways.
If you’re thinking, why should you invest in stocks and cryptos?
Here we’ve discussed the importance and benefits of long-term investing.
Read on to find ways to become financially independent.
Importance of Long-term Investing in Stocks & Cryptos
A long-term investment strategy is like holding assets such as stocks and cryptos for more than a full year.
Anything under a year is a short-term investment.
Long-term investment requires patience and discipline, but it gives incredible outcomes.
Market volatility is a prime matter in investment as the prices fluctuate regularly.
The higher the volatility, the higher the investment’s price fluctuation and the higher the risk.
Here is why you should go for long-term investment.
Long-term holdings in stocks and cryptos exhibit lower volatility, greater profits as compared to short-term.
Assets such as stocks & crypto give higher returns over a long time. It maximizes the growth potential of your savings.
Now, investment in US stocks and digital currencies is far better than bonds and gold investment.
When you watch your investment portfolio grow, your satisfaction increases more.
Stocks are long-term investments and generate better long-term returns.
The longer you invest in stocks, the longer your money will grow.
Among asset classes, the stocks have surpassed all other asset classes.
If you want to keep your money multiplying and become a better investor, it’s wise to go for long-term investment so that the market bump can’t knock you.
Because, when the prices go up and down, you can handle it by remaining patient.
Apart from making you financially strong, the investment makes you disciplined with your money.
It’s a necessary rule to succeed in your life financially.
Long-term holding means fewer trading fees because you will need to pay the fees every time you trade.
Also, it’s easy to do, you can start trading in Robinhood stock-trading app, just by implementing the strategy and patience to make the most of your returns.
Or through a more traditional broker like Vanguard.
Through investment in the stock market, you can benefit from various trading strategies.
Apart from stocks, cryptocurrency is an attractive investment and future of technology that gives high returns.
Long-term investment in cryptocurrency is good for investors to recover and get profits.
You can invest in crypto on Robinhood or cryptocurrency exchanges.
Long-term holding in popular cryptocurrencies such as Bitcoin, Ethereum can harvest good returns in 2022.
If you’re a new investor and can’t tolerate big risks, short-term investment cannot work for you, rather you must go with long-term holding.
Digital currencies are rising globally, and the number of investors is investing in them.
They provide a safe and long-term store of value.
Like other assets, cryptocurrency also exhibits volatility.
If you’ll invest in stocks & cryptos for the long term, there would be less fear, less risk, less trading cost, lower tax rates, and more returns.
Also, you’ll be able to buy the future house, vacation, and can save your education or retirement.
Along with your regular income, trading is the way by which your money keeps multiplying, and you can earn more and do more.
The Bottom Line
Robinhood Review – Robinhood trading app review
Robinhood, the US-regulated broker is best for active traders who want to invest in assets with no commission.
Whether you’re looking to invest in cryptocurrencies or stocks, Robinhood could be an option for you due to its minimalistic trading platform that has made it easy to buy and sell assets.
The biggest perk of trading on Robinhood is a lack of fees with no costs.
However, payment for order flow is affecting the entire stock market as a whole.
Retail investors are ditching the trading app.
Whether you’re in school or college or doing a corporate job, start investing today to achieve financial wellness.
Start with a positive mindset and stay flexible because your today’s decision can make a huge difference in your life.
Become financially literate and learn how to invest in the stock market and crypto, and how to start an online business here.
I’m committed to guiding you on your journey to achieve financial freedom.
In a nutshell, long-term investment and business allows you to become financially independent and follow your dreams.
Shiba Inu News – SHIB coin – Shiboshi – Should you buy Shiba Inu coin?
Shiba Inu Coin is up more than 57 million percent this year.
The cryptocurrency has become one of the most popular cryptos since its rise to 9300.
It’s made the top 10 list of most popular cryptocurrencies and continues to gain mass attention from the crypto community.
However, SHIB has been falling for two months straight since its runup.
Should you buy Shiba Inu coin now or wait for more dip?
Welcome to Franknez.com – today I want to touch topic on a beloved cryptocurrency that continues to stand out and innovate.
Let’s get started!
Shiba Inu Innovation
One of the biggest reasons you’d invest in a cryptocurrency is whether the crypto is innovating or not.
While Shiba Inu Coin might have started as a meme, it has many plans for the future that make it an attractive long-term investment for current SHIB holders.
Let’s start with some of the most recent SHIBA news.
Shiba Inu Games
Shiba Inu News – Shiba Inu Games
SHIB has announced that they are finalizing paperwork with a triple A studio (AAA Studio) to create both mobile gaming and metaverse gaming, via. Shytoshi Kusama.
And although they can’t say much, they mention that this AAA Studio has worked with the likes of Disney and Warner Bros., so you know this is going to be quality work.
In fact, the studio just launched its Twitter account this month of December.
PlaySide Studios will be the AAA Studio working on this project.
Joining the Shiba Inu team is game industry veteran, William Volk.
William Volk was the former Vice President of Tech for Activision.
“I am honored to be working with an amazing team on what will become one of the most significant games of all time”, says William.
The first game the SHIB team will be developing is called Shiboshi and will be primarily for mobile.
And with Shiba Inu Coin now trading on Kraken, it’s only a matter of time before larger trading platforms such as Robinhood begin trading the cryptocurrency.
SHIB has gone mainstream and is no longer considered to be a meme token by some.
The value this crypto is providing in projects to several communities is astonishing.
Shiboshis (Shiba Inu NFTs)
Shiba Inu NFTs – Shiboshi – should you buy Shiba Inu coin?
Shiboshis are another one of Shiba Inu Coin’s innovative projects in the NFT realm.
The NFT community is changing the way we transact value, product, and services.
How to invest in the stock market step by step for beginners
There comes a point when you realize that in order to build wealth it will require you to build multiple streams of income. The average millionaire has seven. The stock market is one way you can invest your earned income in order to start earning passive income and multiply your money. Here’s how to invest in the stock market step by step for beginners.
Welcome to Franknez.com – the blog where you can digest content on personal finance, entrepreneurship, market news, and trending investing topics.
Lets get started!
I’ve been investing in the stock market since 2019.
When I learned how to open a brokerage account and buy company stock, I knew I had to show people how to do it too.
Everything I found online was outdated so I wanted to make it easy for people to start.
Benefits of investing in the stock market
One of the greatest benefits of investing in the stock market is that you get to hedge against inflation.
Inflation is at an all-time high right now and simply letting your money lose its value isn’t going to create wealth.
The stock market also provides an average return of 7%-8% annually which means those CDs and high yielding savings accounts are a thing of the past.
Even so, you can always create a portfolio bringing in 20%+ annual returns!
In June of 2021, AMC shareholders saw a whopping 3000% return on their investment at its high.
GameStop shareholders saw about half!
Although these trades are much different anomalies then traditional long-term investing, it paints a picture of the power of the market.
Let’s get you started!
#1. Set a budget when planning to invest
Before you begin to invest you will need to set a budget on your first investment(s).
The great thing about the stock market is that you can invest with as little as $50 or so depending on the cost of a share.
A share is a fraction of a company you can own and earn money from as the company grows and profits over a period of time.
Example
If you set a budget of $200 and the share of a company you want to invest in costs $50 then you can purchase (4) four shares of said company.
If a month later the shares you purchased are worth $60 each then your shares would now be worth $240, resulting in a $40 gain.
This is how investing in the stock market works.
Note: I highly recommend having your emergency fund built prior to proceeding with investing in the stock market.
It is important to highlight that the money you invest in the stock market will need to be money you can tolerate losing.
The stock market is volatile meaning the value of your assets is constantly going up and down.
Something to keep in mind is that the value of your investments can go down just as fast if not faster than they went up.
Now, this is not addressed to scare you. The stock on average has an annual return of 6-8% per year.
Why should you invest in stocks?
Investing in stocks is a great way to diversify your portfolio.
You don’t want to keep all your eggs in one basket.
For this reason, the wealthy invest in companies they believe have long-term potential to thrive and to multiply their investment.
#2. Know what to invest in
Now that you’ve set a budget you’ll need to know what you want to invest in.
Once you do, find the stock market symbol of the company on Google search engine.
If you wanted to invest in Coca-Cola for example, you’d search ‘stock market symbol for Coca-Cola’ on Google.
You’ll see that the NYSE (New York Stock Exchange) symbol for Coca-Cola is KO.
This is how you will identify and search for companies to invest in when you’re in the market to buy stocks.
Here are some different type of investments you can invest in within the NYSE.
Stocks
How to invest in stocks for beginners
A stock is a share of a company just like Coca-Cola.
Buying a share from one specific company is a stock.
Stocks are good to purchase if you strongly believe in the continued success of your choice of company.
Invest in companies that have room to grow and are constantly innovating.
Stocks I personally favor are Tesla, Apple, and Amazon.
These tech companies are always innovating therefore I have strong conviction towards their continued growth and success.
Index Funds
How to invest in the stock market
An index fund is a fund that tracks and follows the index (growth) of a group of companies.
When you own a share of an index fund, you own a percentage of a pool of companies oppose to just one company.
What makes an index fund great is that if a company within an index fund isn’t performing very well there are other companies that may balance the overall performance of the fund resulting in a fair return.
A popular choice is the S&P500.
This index fund tracks the performance of the top 500 companies in the United States.
This type of investment tends to be a less risky and yield great profits over the long run.
It’s an investors favorite and I personally hold shares in the S&P500.
A REIT (Real Estate Investment Trust Fund) is very similar to an index fund.
The only exception is that it invests exclusively in real estate companies oppose to other businesses.
If you want to invest in real estate without the hassle of learning the game, using cash up front, or getting into debt, REITs are a great way to diversify your portfolio into the real estate sector.
A great REIT I’m invested in is VNQ with Vanguard.
Which investment is right for you?
Each of these investments has their own benefits.
My suggestion is to research them individually as all of our needs are very unique.
As your skills develop as a retail investor, you’ll find yourself having a diversified portfolio consisting of all three.
Invest in the stock market and learn to identify which investment is best for you.
Price is what you pay. Value is what you get.
Warren buffett
#3. Choose a Brokerage Firm to Begin Investing in The Stock Market
This is the fun part.
Choose a reputable online brokerage firm.
A brokerage firm is a platform where you will be doing all of your investing through the NYSE.
Here you’ll be able to purchase stocks and sell them.
Each brokerage firm has their own customer advantages but are very similar to use.
Here is a list of brokerage firms you can open an account with and sign up for free.
Check out each brokerage firm’s website and see which feels more comfortable for you to navigate.
Do some research on each of them to see which has the strongest potential for your needs. I personally use Vanguard.
How to invest in the stock market for beginners
Note: When you purchase investments, there are small commission fees your investments will pay out to the firm.
They are very small in most cases and don’t hinder your earnings like you’d think. Vanguard has the lowest fees.
Each brokerage firm will have different commission fees and the percentage will vary in each firm.
For example: Coke (KO) will have a slightly different commission fee in every firm despite having the same share cost.
#4. Open your account
For this step-by-step on how to invest in the stock market I’m going to use Vanguard.
Vanguard is one of the most reliable brokerage accounts you can use.
How to invest in stocks for beginners
Head over to Vanguard and select ‘Open an account’.
How to invest in stocks with Vanguard
Select ‘Start your new account’ to get started.
Choose the method you will be funding your new account. You can choose between:
Electronic bank transfer or another Vanguard account
Rollover from an employer plan (e.g., 401(k) plan)
Transfer investments from another financial firm
Most new retail investors will be choosing the first option, using an electronic bank transfer to fund your account.
Before you open your account to begin investing in the stock market you’ll need your bank account and routing number as well as other personal information.
Once you’re in it’s time to transfer funds into your account.
#5. Transfer Funds Into Your Brokerage Account
Congratulations! Now that you’ve chosen a brokerage account to invest with, you’ll have the tools at your disposal to begin investing.
Navigate throughout your brokerage website. Get comfortable with where things are.
Things might seem very new at first, intimidating even.
Don’t worry, now that you’ve begun something new, you’ll begin to take the first steps toward self-education.
First, you’ll want to learn how to transfer funds into your brokerage account.
I will be demonstrating step by step how to do this using Vanguard.
Toggle the settings to connect your bank account with your brokerage account so you can start to invest in the stock market.
This direct line will allow you to transfer funds into your account so you may begin to purchase shares.
Once you have this set up you may transfer the money from your budget to invest in.
#6. Make Your Very First Investment in The Stock Market
Now that you’ve transferred your funds over to your brokerage account, navigate through the site to make your very first purchase.
Search the symbol of the stock, index, or REIT you will be investing in.
Note: Before purchasing, make sure you thoroughly navigate the website to get comfortable using it.
This will make the purchase experience a lot easier.
Once you pull up the investment, go through the details provided on the page.
You should be able to see its history, it’s projected return, its risk level, and so much more information about the investment.
Purchase the investment!
Purchase the investment with the option set to ‘Market’.
This option will allow you to purchase the investment instantly at the price it’s worth.
We suggest doing a test purchase since this is your first time investing in the stock market.
This will help you get a feel for it. Purchase one share so you understand the process.
It will serve as good practice and experience.
Congrats on buying your first share!
Follow up on your investment the following day and see whether your investment had gains or losses.
You’ll see for the very first time how your investment grew in value or decreased in value.
You now have a taste of what it’s like to invest in the stock market.
I have personally invested in stocks since 2019 and have learned a lot about the stock market.
In fact, I’m still learning today.
I published an article on the best tips and advice for beginners investing in stocks to further help you on your journey.
Stock investing is all about strategy.
When you make money in the stock market you may let it sit and accumulate over time, or you may cash in your profits and allocate those gains towards other opportunities.
This is why I believe investing in stocks is extremely important to someone who wants to build wealth.
The stock market allows you to multiply your hard-earned money so you may further invest it in other assets.
If you received value from this post please be sure to share it with someone who’s working towards becoming financially independent and who is also building their financial future.
My mission is to help people all around the world attain financial stability in order to live their best lives possible.
I just purchased 3 new stocks this month!
Join my Patreon group using the link below to see when I update my stock and crypto portfolios.
I just purchased 3 high dividend stocks that will produce passive income as reinvested dividends compound with time.
If you’re new to the crypto world, I’m going to provide you with a list of cryptocurrencies to watch.
Cryptocurrency has earned early investors millions and even billions of dollars in ROI.
You might be thinking, is it too late to buy crypto? The short answer is absolutely not.
And if you’re not invested in crypto yet, I’m going to leave a link at the end of this article of my step by step guide on how to buy cryptocurrencies.
Welcome to Franknez.com – if you’re part of the Patreon you’ve seen when I add a cryptocurrency to my crypto portfolio. Today I want to talk cryptocurrencies and why these powerful assets will keep on surging.
Let’s get started!
Now, a lot of you might be familiar with Dogecoin, Bitcoin, and Ethereum.
These are some of the most popular cryptocurrencies out there.
Just recently Shiba Inu Coin began trending as well.
These so called ‘speculative’ plays have earned investors gains unlike anything else in the markets.
These are only some powerful crypto plays that are nowhere near done growing primarily because of their communities!
#1. Ethereum (ETH)
cryptocurrency list – Ethereum prediction – cryptocurrencies futures
Shark Tank star and Dallas Mavericks owner Mark Cuban just said, “as an investment, I think Ethereum has the most upside.”
And he’s not the only one who speculates ETH is in it’s infant stage either.
But before I continue, this article won’t be about the technical side of the cryptocurrencies themselves but rather a worldview of the crypto’s upside as an investment.
“In a recent Forbes article, a panel of crypto experts including Sagi Bakshi and Lex Sokolin predict that ETH could rise as high as $19,842 by 2025 and that by the end of 2022 it could be the most widely transacted cryptocurrency due to its expanding utility in the marketplace”, via Crunchbase.
At the publication date of this article, ETH cryptocurrency is trading close to $3.1k.
Joe McCann, an angel investor and crypto margin trader believes the Ethereum could even reach as high as $50,000.
Cryptocurrencies List – Dogecoin – Cryptocurrencies futures
Dogecoin has to be the biggest meme cryptocurrencies in the market. I would consider DOGE to be one of the riskiest too.
Primarily because of the edge other coins have. Other cryptocurrencies are trying to solve real-world problems where as Dogecoin is a community meme.
However, it’s this community that’s allowed DOGE to be an extremely successful cryptocurrency this year.
It has gained a whopping 9000% just from one year alone.
Just like AMC and GameStop show us, communities are everything. Communities have power and I believe that Dogecoin will continue to surge as long as its community of retail investors want it to.
Dogecoin is currently trading around $0.17 and peaked at $0.74 back in May earlier this year.
You might know Mark Cuban and Elon Musk for being two massive supporters of the DOGE community.
Being in the AMC community, I’m very proud of communities and tip my hat to DOGE for what it’s created.
CryptoNewz predicts Dogecoin hover above $1.07 in the year 2022.
Based on this prediction, you could multiply your money by 4 in the short-term.
#5. (What Do You Think?)
What other cryptocurrency or cryptocurrencies at that, should be on this list?
Do you hold any of these on this list? What’s your favorite coin? Let’s have a discussion. Leave a comment below!
Cardano Cryptocurrency 2022 – here’s what to look out for
Cardano (ADA) has not gained much coverage from mainstream media due to other trending topics taking over in 2021.
However, 2022 will be ADA’s biggest year yet.
There’s a lot going on with Cardano and I’m going to break it all down for you in this article.
At the end you will have a clear head to whether ADA crypto could be the right investment for you.
Welcome to Franknez.com – today I’m taking you deep into ADA, what it is, how it works and why 2022 will be a hot year for the cryptocurrency.
Let’s get started!
If there’s another cryptocurrency you think I should dive deep into be sure to leave a comment below at the end of the article.
What is Cardano? What does it do?
Cardano is a blockchain and smart contracts platform with a cryptocurrency called ADA.
The Cardano blockchain was created by co-Founder of Ethereum’s proof-of-work (PoW) Charles Hoskinson, as a more efficient alternative to its counterparty.
Cardano is a third generation, decentralized proof-of-stake (PoS) block chain platform, which is basically an update from PoW enabling better costs, uses energy more efficiently, and speeds up transaction times.
Charles began developing Cardano and its primary cryptocurrency, ADA, in 2015 and launched both in 2017.
At inception, ADA’s price was only $0.11 per token, ADA’s current price is around $1.05 but has reached ATHs of more than $2.
Where will ADA price be this decade?
Keep reading to find out.
But first, why is Cardano trusted?
ADA runs on the proof-of-stake Ouroboros consensus protocol, where developments are informed by scholarly academic research.
What makes Ouroboros accelerating is that it is highly scalable and sustainably secure.
Not only is it the foundation of ADA, but of a blockchain-built future as well.
“At the heart of Ouroboros is the concept of infinity”
Cardano.org
I’m going to get more into all the innovative things ADA will be providing society with because of this technology down below.
But in short, this third-generation tech is much more advanced than that of Bitcoin and Ethereum, again, more on that below.
As society begins to step into the Metaverse, this is where we’re going to see ADA truly shine with its capabilities in blockchain technology.
ADA is technically still in development
There’s a roadmap to Cardano’s incredible madness.
This is why early adopters are getting in on ADA now before it reaches the fourth era.
Because ADA is a leader in its PoS segment, more on that below, scalability will mean you will no longer be able to invest in the cryptocurrency at this price ever again.
Let’s dive in a little deeper.
What era of Cardano are we in?
Cardano Roadmap – 5 Eras of Cardano’s development
There are 5 eras of Cardano’s development.
Byron
Shelley
Goguen
Basho
Voltaire
Thy Bryon era was ADA’s foundation, Shelley was the decentralization step, and Goguen is smart contracts, the era of Cardano’s development we’re currently in.
However, we’re slowing going to begin to see a transition towards the Basho era very soon, the era of scalability.
This is where Cardano will be creating side blockchains to extend capabilities and catering to higher volume transactions.
Here we’ll see ADA’s price really begin to pick up momentum.
And finally, we have the Voltaire era.
This is the final stage in ADA’s development where Cardano will be introducing a treasury system and where network participants will be able to vote on the future developments of Cardano.
During this Era Cardano will be a leader in the crypto world as it already has the technology over Bitcoin and Ethereum.
How will Cardano change the world?
Cardano is currently what Bitcoin was to the world when it was worth only $1 per token.
Bitcoin introduced its PoW technology to the world and created a new form of transacting.
Ethereum then used the same PoW technology.
Cardano on the other hand is using a much more advanced version of transacting through staking (PoS).
You can stake your cryptocurrency with Cardano, essentially earning you interest on your cryptocurrency.
How much can you make staking Cardano?
Currently, 4.60%.
Using Ouroboros, Cardano has is able to securely, sustainably, and ethically scale up to 4 million times the energy of Bitcoin.
In real world, it will change how much more efficiently and effectively businesses make transactions and will play a massive part in the creation of NFTs and avatars in the metaverse.
The NFT gaming marketplace offers the gamer ownership of the in-game assets.
Literal ownership of a block in a game!
This isn’t your standard gaming process; you literally own technology though this creative way of using blockchain technology.
This new generation of mankind will be owners of technology and crypto, creating a new marketplace of bargaining, appreciation, trading, and investing.
Cardano is leading one of the most advanced and innovative ways to use blockchain technology.
As the metaverse is introduced to society, ADA will be a leader in cultivating that process.
And with the proper systems in place, Cardano will be able to handle scalability perfectly.
Thus, entering the Basho era of development.
Cardano Price Predictions
Most price predictions you see on the internet by mainstream finance platforms fail to recognize the massive impact Cardano will have on society at a macro scale.
As the metaverse continues to unfold this decade, Cardano’s prices will eventually level up to Ethereum prices.
The reason being is that ADA has a fixed supply of 45 billion tokens.
When you take into consideration how cheap ADA is at the moment, as metaverse begins to take over, investors and businesses are going to flock to Cardano’s leading technology and crypto.
And because it is fixed, like Bitcoin, a surge in demand is going to create incredible growth in the next few decades.
Where will ADA price be in 2022?
Founder Charles Hoskinson is predicting Cardano will skyrocket to $20 per token in 2022.
ADA Price Prediction
If ADA reaches $20 per token this year, investors will nearly 20x their investments from today’s current crypto price.
Before we know it, investors and traders alike will ask themselves how they missed this.
ADA is not a short-term play although it has much short-term growth capabilities.
You’ll want to hold Cardano long-term for appreciation as it goes through new eras of its development and use in the real-world and metaverse.
Can ADA reach Bitcoin numbers?
Taking into consideration the incredible scalability metrics ADA has through its blockchain, reaching Bitcoin numbers is certainly not impossible.
This of course would take time, but the cryptocurrency is scarce meaning supply and demand can take the price to unprecedented numbers.
Cardano is a sleeper crypto waiting to be awoken by not only investors, but by the technology and companies that will need it very soon.
Is Cardano (ADA) a buy?
Cardano is most certainly a buy if you’re looking at its long-term appreciation, scalability, and contribution to society in a blockchain and crypto-innovative world.
It’s hard to imagine that Bitcoin and Ethereum were also once trading at ADA’s current token price.
What is the difference between first and second generation blockchain and third generation blockchain?
The third generation blockchain such as Cardano has higher scalability, higher transaction speeds, and consumes less energy unlike the first and second generations, such as Bitcoin and Ethereum.
ADA’s current price is only a time stamp of where Bitcoin and Ethereum once were in our timelines as well.
Where can I buy Cardano (ADA)?
You can buy Cardano through a variety of platforms, but I personally use Coinbase because it’s secure and very easy to use.
Cardano Coinbase Price – Where to buy Cardano – ADA Crypto
ADA is sitting triumphally amongst the top 10 most popular cryptocurrencies in the crypto market.
It’s yielded investors a whopping 7,330.54% return since its inception in late 2017.
What I find incredible is that this is only the beginning for ADA.
If you could go back in time today and secure Bitcoin or Ethereum at $1, would you?
I have a feeling ADA is that opportunity again.
The latest Cardano news of 2022
Lastly, I want to share with you this incredible video covered by Max Maher on the latest Cardano news for 2022.
This video is going to further provide you with value on Cardano’s journey for the new year.
The latest Cardano news of 2022 – Cryptocurrency News – ADA crypto
Overall, the sentiment behind ADA’s future is very bullish.
Be sure to bookmark this article for new updates or follow me on my social media platforms below for new content.
What are your thoughts on ADA?
Leave a comment below.
Do you hold the cryptocurrency?
And if so, what about its future excites you?
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Why are the markets down? Don’t panic, here’s what to do
Both the stock and crypto markets are tanking.
If you’re following me on Twitter you know I’m an advocate for both stock and crypto investing.
Now, many of you are new retail investors and have only just started buying into the stock and crypto markets.
And if you’re worried about the markets tanking right now, don’t be.
I’m going to walk you through the best thing you can do when the markets are down.
Welcome to Franknez.com – the blog that provides you with market news and trending investing topics. The markets are tanking, here’s how you and I can handle it.
When the markets are going down it’s the perfect time to strategize and identify buying opportunities.
Your risk tolerance will guide you here.
The markets tend to naturally bounce back during a correction.
Will you take the opportunity to buy assets at a discount or will you miss these buying opportunities?
Most retail investors fail to identify the massive opportunity at hand when the markets begin to tank.
And while no one will ever truly be able to identify the bottom, go based on your instincts to secure a fire sale even if it continues to further dip.
Because even if you miss a lower bottom, that discount will eventually profit in the long-term.
When Bitcoin dipped to $30k during the summer of 2021, I bought the dip and doubled my investment when it surged to $60k again.
So what if the crypto market is going down again?
The futures of the crypto market are incredibly high to not buy even during a bull run.
Strategize and you’ll be okay
And there you have it ladies and gentlemen.
These 3 strategies are going to help you make a lot of money in the long-term whether you invest in stocks or crypto.
The stock and crypto markets may be going down but that does not mean you cannot take advantage of the dips.
Always have a plan and never invest more than you can afford to lose at the moment.
If you enjoyed this article, please give it a social share and be sure to join the newsletter for my free stock and crypto list, a Patreon exclusive yours free.
