With 2020 just around the corner, as some people are investigating which are the best alternatives to invest in this new year. These recommendations range from those related to the universe of cryptographic and those targeted at the financial world traditional.
The year 2020 promises to be a year full of surprises for investors. Especially for those who decided to go for it and delay your decision to invest until the arrival of a new year. It is normal that the cryptocurrencies to be one of the first things that come to mind when speaking of investment projects by 2020. However, it is considered relevant to clarify that, although the digital coins themselves are among the preferred to invest this new year, there are also other options quite popular. First, there is the Bag of Values, which is considered by many to be the alternative to more “traditional and safe”. But with any investment there are risks, those that opt for the bag feel more secure, because it is a regulated activity and a long history. Other experts recommended to invest in Forex, so the investor can profit from a cost-effective way. However, before you try to bet on this alternative, it is important to take into account a few things. The first is that it is imperative to have a prior knowledge about trading and the functioning of Forex. Finally, another alternative quite popular are futures Contracts. If you do not have a lot of money to start investing, this is definitely the best option. It is a financial product derivative, which establishes the exchange of a particular asset at an agreed price at a set date in the future.
Cryptocurrencies 2020: the better option
But, despite the fact that the traditional choices are not bad, you can definitely generate more profits is the cryptographic. There are very good predictions for 2020 about the digital currencies, so it is considered ideal to invest in them. The first thing that highlights are the conjectures about the price of Bitcoin (BTC). It is believed that the coming year will be a bullish move, so bet on this criptomoneda can be a good decision. Among the reasons behind the optimism are clearly regulatory in Hong Kong and the ipo of mining Bitcoin in the united States. In addition, there are great expectations about the so-called “halving”, which will take place in early 2020. This will also cause an increase in the price of the criptomoneda. But the benefits will not occur only for Bitcoin. Ethereum will also have a significant event that is expected to improve the entire network, including its price. This will be your long awaited update, Istanbul, which has even been called as “the salvation of ETH”.
Not everyone agrees
However, not everyone agrees with to invest in cryptocurrencies is a good alternative. One of them, Peter Schiff even claimed that the invest in cryptocurrencies will lose money. Schieff has a prediction quite daunting. This states that the coming collapse of Bitcoin is closer than it seems and will become a reality in 2020. Therefore, according to this analyst, it is best not to invest in currencies in order to avoid future losses. It is important to remember that these are just some recommendations, but do not possess the absolute truth in none of the cases. It is up to the reader to pick and choose which of the options outlined feels most identified. The following two tabs change content below. I am a student of International Studies, interested in new technologies and their impact on the world. A true believer that tenacity is the foundation of success.