Did you miss out on a Bitcoin investment last year? Are you hoping to make up for it in 2021?
Warren Buffett is probably the greatest and richest investor of all time. While his investment decisions are more complex, he is known for value investing.
Bitcoin and other cryptocurrencies are notoriously volatile. However, smart management and good timing can mean serious return on investment.
When wanting to increase your capital via the financial markets, you can choose to invest or speculate (what is commonly known as “trading”). Both approaches are not necessarily polar opposite, they actually have a few similarities. For instance, both share the same cold and concrete goal of increasing one’s capital and making a profit.
Investing in the stock market has never been so popular. Companies such as Amazon and Tesla perform so well that many believe investing in the stock market is easily profitable. For instance, investing £100 in these companies in 2019 would have yielded a 700% return in 2020. The truth is that investing in the stock market only seems easy in hindsight. It is actually a profession in its own right, and requires knowledge, strategy, money, patience and luck. This is why the wealthy usually delegate the management of their portfolio to professionals.