Investing in cryptocurrencies and mortgage funds offers great benefits for those looking to capitalize on fast-moving assets in the market. Yet these divergent asset classes offer two completely different approaches to the question of wealth generation and investment strategy. Learning to incorporate one or both of these assets into your overall holdings can pay dividends long into the future, but knowledge surrounding the ways in which these and other assets work in the larger investment landscape is a must before jumping in.
Read this guide in order to understand both mortgage options in New York and other real estate ventures, as well as the crypto marketplace. Afterward, you’ll be better prepared to pull the trigger on any new investment opportunity that comes your way.
Cryptocurrency
The crypto marketplace is a fascinating space for any investor looking for traction in a new arena. Cryptocurrencies never sleep, and the exchanges are always running live prices. This means that you can Buy litecoin, Bitcoin (BTC), Ethereum (ETH), or Litecoin (LTC) at all hours of the day and sell as well, no matter where you are in the world. Of course, as with any marketplace, there will be peak trading periods that align with prime hours of each of the major market time zones, but trading out of hours provides a lucrative opportunity as well while pricing stabilizes through most trading days.
Cryptocurrency enthusiasts operate through a network of crypto exchanges. Binance, Gemini, Bittrex, Kraken, and Coinbase are some of the most popular, and the debate over Binance vs Bittrex vs Coinbase and beyond is a constant question for many investors in this space. The truth is that, in order to trade effectively, you will need to interrogate the plugins, inclusions, and fee structure of all exchanges on the market in order to find the right platform for your needs and user profile.
Many cryptocurrency exchanges offer discounts on trade fees for certain users and user habits (such as Binance’s discounted rate for BNB usage, the native Binance platform token). Crypto traders have access to the largest collection of fast-paced assets that perhaps has ever existed, and they are taking full advantage of this range of coins, forks, and tokens (over 4,000 unique entrants as of current).
Real Estate
The trade and withdrawal of cryptocurrency assets (including BTC, BNB, USDT, and other altcoins) is a great choice for many investors looking for enormous growth. Yet the risks involved in growth assets like this are large. Many investors choose instead—or in tandem—to invest in real estate through the use of mortgage products. The property market is a fascinating space that often provides lower monthly returns in comparison to day trading growth assets, but creates long-term momentum that can withstand market shocks of all shapes and sizes.
The strength of the real estate market is in the constantly inflating price structure of the underlying asset. Property is valuable in its own rite, but the land is a one-of-a-kind investment that can bolster the property value for many years to come. A home built near a metropolitan area, for instance, will increase in value as the commodification of the surrounding areas intensifies. This is a near certainty in any property that exists near or within a large city such as New York.
Real estate is a clear winner for many investors because it offers monthly dividends in the form of rental income, whether in New York State or anywhere else in the U.S., and a growing value in the asset itself, all while the purchase of the commodity is facilitated by leveraged capital in the form of a mortgage.
Blending multiple asset classes is a feature of many top-notch investors’ portfolios. Select the best options for your holdings, including cryptocurrencies or real estate.