One of the most popular investment options for those who want to start investing in 2022 is cryptocurrency. However, how can you tell whether you should put your money in stocks or cryptocurrencies?
Riskier than stock market investments, but returns are never assured. Consider investing in cryptocurrency if you’ve already taken care of your other financial obligations, such as retirement plans, debt repayment, and an emergency fund. As a result, you can’t count on cryptocurrency investments to bring you profits.
Continue reading to learn more about the benefits and drawbacks of investing in cryptocurrencies rather than stocks. In addition, you’ll learn how to invest in cryptocurrencies safely.
Stocks vs. Crypto: The Biggest Differences |
Cryptocurrency | Stocks |
Extremely volatile | Highly volatile |
Building wealth in a new and unpredictable way | Proven methods for accumulating riches |
There is no comprehensive regulatory structure in place | The Securities and Exchange Commission is the… |