 Share market vs Cryptocurrency
Share markets cryptocurrency's head of research, Eamonn Walsh, has written a blog post discussing the future viability of the cryptocurrency markets. Walsh breaks down his perspective primarily in consideration for the price swings in Bitcoin and Etherium - make sure to read this article if you consider investing in these or other types of cryptocurrencies!
What is the Share Market?
The share market is well known as an equity market. It's a platform where companies can list their stocks, and buyers and sellers trade those stocks. The main difference to Cryptocurrency the share market is open to the public.
What is Cryptocurrency?
Cryptocurrency is a digital or virtual token that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature is difficult to counterfeit because of this security feature. There are currently hundreds of different cryptocurrencies, but bitcoin is the largest one.
Why is the Share Market So Important?
New Zealand has many national and international listed companies, and they provide reputable and diverse investment opportunities for savers and investors alike. From the search engine company to banking, property, electric firms and more, listed companies help fund essential services for New Zealanders whilst generating capital gains. The share market provides savers with a safe place to invest their funds to earn returns.
How Do You Invest in The Share Market?
The most important thing that you need to know is that the share market is not for everyone. If you're not full-time with it, one tip would be to research and see who has the best no feedback on the share market - or who has a great strategy, and you can buy their shares for your portfolio.
Different Types of Investment
The mainstream investment market is also known as the Share Market (trade), in which you trade in the shares of publicly traded companies. "Cryptocurrency is like digital currency used primarily for financial transactions in the virtual world - it doesn't exist physically in your real life, but in cyberspace, you can buy and sell it with ease; it's just code.
Popular Stocks
The Best-Performing Stocks were Alphabet Inc. (GOOGL), Tesla Inc. (TSLA), and Facebook, Inc. (FB).