Cade Hildreth

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Cryptocurrency

15 Cryptocurrency Terms Every Investor Should Know 

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The best way to demystify cryptocurrencies for new investors is to explain the vocabulary around it. Because cryptocurrency represents a new asset class (Bitcoin was created in 2009), most investors who are new to the space will need a primer in its basic terms.

In the U.S. alone, approximately one in six (16%) of U.S. adults have engaged with cryptocurrency in some form, such as investing, trading, or using it for transactions. That is more than 8X the ownership that existed in 2018. Young and middle-aged adults are the most likely to invest, with 25% of those under 50 now owning crypto compared to just 7% of people over 50. Millennials show strikingly higher ownership rates, with approximately one in four (26%) of millennials now holding Bitcoin.

This is an absolutely astounding rate of adoption for an asset that is only 15 years old! [Read more…] about 15 Cryptocurrency Terms Every Investor Should Know 

Bitcoin vs Ethereum: Everything You Need to Know

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Did you know that 13% of all people in the United States alone have traded cryptocurrency? Since that adds up to millions of people, it’s easy to see that buying and selling cryptocurrency has become very popular.

Also, cryptocurrencies have achieved faster global adoption than any other technology in recorded human history, including cell phones and the internet, which were the fastest to date. Clearly, crypto isn’t a passing trend. [Read more…] about Bitcoin vs Ethereum: Everything You Need to Know

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What is a Bitcoin EFT and Why Do They Matter?

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An ETF (Exchange-Traded Fund) is a type of investment that tracks the performance of a specific product, most often a commodity (like oil, natural gas, gold, or coffee, for example) or a group of assets (such as a basket of stocks or bonds). ETFs trade on a stock exchange and are a convenient option for investors because they can be bought and sold like a single stock.

Exchange-traded funds (ETFs) provide investors with several benefits, including diversification, low expense ratios, and the ability to trade them easily like a stock. [Read more…] about What is a Bitcoin EFT and Why Do They Matter?

How Can I Purchase Bitcoin? A Simple Guide

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These days, it feels like nearly everyone is investing in Bitcoin. And, that sentiment isn’t so far from the truth. According to a recent report, around 46 million Americans own at least a share of Bitcoin, which equals about 17% of the adult American population.

While Bitcoin has skyrocketed in popularity over the last few years, many people are still under the false assumption that investing in Bitcoin is only for savvy stockbrokers and the ultra-wealthy. [Read more…] about How Can I Purchase Bitcoin? A Simple Guide

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NFTs: 10 Things You Should Know about the NFT Market

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NFT stands for “Non-Fungible Token.” It first appeared in 2012 and has become a larger part of both investment and art markets. NFTs come in a variety of shapes, styles, and aesthetics to meet everyone’s investment interests.

If you’re looking into NFTs, the whole process can seem complicated. In reality, it’s a lot easier to understand than you’d think! Here are 10 things you should know before you start investing in the NFT market. [Read more…] about NFTs: 10 Things You Should Know about the NFT Market