With all the craze over cryptocurrencies, it’s difficult to hop on the bandwagon when the prices seem to be so unpredictable.
For example, Bitcoin’s (BTC) price fluctuated from a whopping $16,521 to a little over $7,300 just from the start of this year! That’s a considerable change to say the least…
Don’t get me wrong. The last thing I want to do is discourage you from committing to a crypto investment, and I really do believe that these currencies have a promising future ahead; however, I’m not confident enough to say the stability is quite there just yet.
With that said, there’s no reason to sit around and patiently wait for these cryptocurrencies to get their act together.
In the meantime, you can still take some cash from crypto by reducing your risk and investing in these 2 blockchain ETF’s.
Rather than putting all of your eggs into one basket, ETFs are appealing because they allow you to spread investments across multiple stocks and execute them as a single trade.
In other words, they offer an opportunity to limit your losses while participating in the market.
This is the same reason why ETFs happen to be the topic of conversation. Like I said, cryptocurrencies aren’t necessarily the most stable investment at the moment, which makes the idea of ETFs attractive.
Instead of having an individual crypto investment, such as Bitcoin, weigh down your portfolio like it already has during the first half of this year, you can participate in the digital currency market by channeling your money into blockchain ETFs.
Reality Shares Nasdaq NexGen Economy (BLCN) or Amplify Transformational Data Sharing (BLOK) are just two examples of healthy ETFs that you can currently invest in.
But what makes them so special?
Just to put things into perspective, both of these ETFs have accumulated a combined $262 million in assets!
Even better, considering the incredible stocks in their holding, you can buy shares for rock-bottom prices: BLCN is currently sitting at $23.59/ share and BLOK is at $20.63.
Which basically translates to you getting $262 MILLION worth of incredible assets for only $44.22!
In terms of stability, there’s not much to worry about either.
Both ETFs have incredibly strong holdings in their baskets, including Intel (INTL), Nvidia (NVDA), Microsoft (MSFT), and dozens of other tech and finance giants.
I completely understand if you’ve been scared off by the volatility and unpredictability of cryptocurrency.
While you’ll hear plenty of debate regarding the sustainability of all the various currencies, Blockchain as the underlying technology is without a doubt here to stay.
Blockchain technology is already being used in many different industries and companies, including NASA and the U.S. military.
The nature of Blockchain makes it a secure way to pass things like money and information from one user to another without any threat of being hacked or someone not fulfilling their side of a transaction.
You may not be comfortable investing in cryptocurrencies just yet, but Blockchain allows you to benefit from all of the innovation without taking on the risk.
And ETFs make the decision even easier, allowing you to invest in a basket of funds that will be managed for you, so you make the most money possible with the least amount of effort.
Not only do BLCN and BLOK present an excellent chance to diversity your portfolio and dip your toes in the blockchain pool, they more importantly present a way to safely profit in such a volatile market.
Don’t let the recent drop in cryptocurrency discourage you from engaging in the market.
There is still money to be made! Why not place your money into these blockchain ETFs and make the most out of your investment.
Thank you
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