Thanks to the internet and technology in general, the world of finance and particularly investment have become much more accessible. Previously, investing in shares, currencies, or other assets was something that had to be done via email or telephone. Today, we can do all three with a swipe of the thumb from a handheld device; which has thus increased its popularity. As we move into 2021, let’s take a look at three of the most promising investments you can indulge in from the comfort of your mobile.
1. Cryptocurrency
For many years, the public was a little hesitant over cryptocurrency investments. They deemed them risky and some thought that cryptocurrency would fizzle out leaving them with assets that are worth nothing at all. In fact, the opposite has happened. According to http://deutschebank.com, cryptocurrency has gone on to enjoy widespread adoption.
You can shop in crypto, invest in crypto, and even be paid in crypto in some cases. With its growing popularity comes a rise in its value and performance forecasts. It’s not just Bitcoin anymore either, there are plenty of other coins that you can invest in that have good projections for the future. Ether, Litecoin, Bitcoin Cash, Ripple, Tezos, TRON, and Cardano are some of the other coins that are making waves in the cryptocurrency market.
2. Shares
With all the different kinds of investment opportunities around, investing in shares has been somewhat overlooked. That doesn’t mean that the market isn’t providing good investment opportunities and that the future is not looking promising. Like all other markets, there have been ups and downs this year but if you are savvy, you can leverage these fluctuations to your advantage. This is another market where you need to keep up to date with world events, business news, and current affairs as these can all impact how different shares perform.
Previously shares were once purchased over the phone, by telegram, or in-person via the broker, but now investors can be proactive and purchase by themselves. Websites such as https://buyshares.co.uk/ provide investors with the information, advice, and tools they need to make smart decisions when buying shares in the UK. From step-by-step guides to FAQs and advice on which brokers to use, it’s a helpful resource for beginners.
3. Forex
The last year has seen several big fluctuations in terms of currency values and their global performance. The Dollar, Euro, Pound, and Yen have all remained volatile with big swings resulting in high levels of unpredictability. For those that want to invest and hold for a long time, this may seem a not very exciting option but, for short-term trades, the stakes are high.
Analysts are predicting that the next year will be equally unpredictable and the performance of different world currencies will continue to fluctuate. This means that there are a lot of good opportunities for those looking to start investing in the foreign exchange or forex market. It’s wise to do your research first, however, such as staying on top of the world and current affairs that can have an impact on a certain currencies’ performance. https://www.forbes.com has some great advice for those looking to get started.
In the world of investments there are never any certainties, and how the markets perform can never be accurately predicted. But, if you want to get into investing in 2021, looking into these three options is a good place to start!
