How I Think About Money“For me, money is about moderation. Investing for the future is smart, but don’t forget to live today. Splurging is fine, but don’t go wild. Cash can feel safe, but don’t sleep on higher returns. Live within your means, but it’s also good to dream.”
Chris Davis is a Managing Editor on the Investing team. As a writer, he covered the stock market, investing strategies and investment accounts, and as a spokesperson, he appeared on NBC Bay Area and was quoted in Forbes, Apartment Therapy, Martha Stewart and Lifewire, among others. His work has appeared in The Associated Press, The Washington Post, MSN, Yahoo Finance, MarketWatch, Newsday and TheStreet.
You don’t have to go out mining in the desert to sell the picks and shovels to the miners, and you don't have to buy Crypto to invest in Crypto. Our investing expert Chris Davis joined us this week to chat about all three options available to the Crypto-Curious.
0:00 Intro
0:51 Invest in blockchain ETFs
1:33 Crypto funds and financial products
2:02 Stocks with exposure
2:34 Invest in pure-play cryptocurrency stock, like a publicly traded exchange
3:01 Pros and cons of crypto-based investing
4:01 Final thoughts
Before making any new financial decision it's a good idea to do your homework. Being nerds we went ahead and did it for you on our site:
3 Things to Do Before You Buy Crypto: https://www.nerdwallet.com/article/credit-cards/3-things-to-do-before-you-buy-crypto
What Is Cryptocurrency? Here’s What You Should Know:https://www.nerdwallet.com/article/investing/cryptocurrency-7-things-to-know
Bitcoin, Explained for Beginners: https://www.nerdwallet.com/article/investing/what-is-bitcoin
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#cryptocurrency #crypto #investing