Sep 22, · If the stock market crashes, bitcoin is extremely likely to tank for a few weeks, but it won’t break crypto. If you sell your BTC and it doesn’t fall and suddenly jumps $2, you will be Author: Clem Chambers. Oct 07, · Investing in cryptocurrency seems profitable and replete with fast profits. After all, during the past six months, bitcoin (BTC-USD) bottomed out in . Bitcoin Price (BTC USD): Get all information on the Bitcoin to US-Dollar Exchange Rate including Charts, News and Realtime Price.
Bitcoin in us stock marketBitcoin Price Could Plunge With US Stock Market, Analysts Warn
There was a crypto carnage that had taken over the market All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.
Select Language Spanish. Tron Weekly. Home Opinion. November 27, Share on Facebook Share on Twitter. MasterCard Stock MA Just as the companies mentioned above, MasterCard also upholds blockchain, an innovation with disruptive potential for its part of business, for quite a while. Glance Technologies GLNNF Glance Technologies is a functioning player in the digital currency biological system as they officially possess and work the Glance Pay streamlined installment framework.
Riot Blockchain, Inc. RIOT Established in July of , this organization was intended to give investment administrations to the blockchain biological system. Tags: Bitcoin BTC. Guest Author TWJ press release service. Related Posts. Market Analysis. December 25, Read more. December 23, Next Post. Recent Posts. The other issue I have with bitcoin is that fiat currencies are being tested in conjunction with blockchain.
The real value in crypto technology is in the underlying blockchain, not the token itself. Since buying into bitcoin gives folks no ownership of the blockchain, investors are, arguably, buying into the wrong asset. Instead of buying bitcoin, here are three considerably smarter stocks to buy with your hard-earned money. Square's longest-running operating segment, and the one most folks are going to be familiar with, is its seller ecosystem.
Square has been supplying point-of-sale devices and analytics to small businesses for the past eight years. However, the long-term growth driver for Square is peer-to-peer digital payment platform Cash App.
Cash Card is a traditional debit-card that links to a users' Cash App balance. While Cash App does collect merchant fees and expedited transfer fees from its users, it's especially popular for bitcoin exchange and investment. If you want to put your money to work in a company with a bright future and exposure to bitcoin, Square is it.
Sea gives investors access to Southeastern Asia , which remains a largely underbanked region of the world, yet is experiencing a windfall of growth from a burgeoning middle class throughout the region.
To date, Sea's gaming division has been its breadwinner. But the dominance of digital entertainment won't be long-lived for Sea Limited -- and that's actually a good thing for investors. The far more exciting operating segment for the company is its Shopee e-commerce platform. Without question, the pandemic played a role in bolstering online orders throughout Southeastern Asia.
But it's not as if Shopee wasn't growing like a weed before the coronavirus pandemic hit. Additionally, Sea launched SeaMoney in , which today provides mobile wallet services and payment processing for individuals and businesses. In Q2 , the number of paying users for its mobile wallet services topped 15 million. If your heart is set on digital payments, skip bitcoin and enjoy the high-growth and digital exposure you'll get with Sea Limited. If your thesis surrounding bitcoin is that it could lead to a digital purchasing revolution , cloud-based e-commerce solutions provider Shopify is the company for you.
They also track the performance of Bitcoin or other cryptocurrencies through futures contracts or by owning the underlying currencies. Like any other investments, do your homework before investing. Understand what you are investing in as well as the risks and returns. With speculative investing, it is wise to invest only a small portion of your net worth.
Barbara A. Friedberg, MBA, MS is a veteran portfolio manager, expert investor, and former university finance instructor. Follow her on twitter barbfriedberg and roboadvisorpros.
As of this writing, she did not hold a position in any of the aforementioned securities. Log in. Log out. About Us Our Analysts. Bitcoin was priced so low because investors feared for the health of the economy and its people. What is Cryptocurrency? Although investing is one use of cryptocurrency, there are other reasons to buy the asset: You can own and use it anonymously. You can use it to buy goods and services. Crypto payments may avoids fees and transaction costs.
Crypto transactions are fast. Source: Shutterstock.