With Bitcoin surging and reaching the highest value ever to soon plummet after Elon Musk’s tweets, many investors are wondering if these new crypto currencies are a great investment or trading asset. The world is now offering more investment opportunities than ever before, is crypto the best place to put all of your money?
While the crypto markets may have shown exceptional returns over the last few years, they are still classified by many as a risky investment due to its volatility. Some traders are beginning to wonder if the risk is worth it or if a few people have too much power.
If you are a person who likes the excitement and adrenaline of volatility, there may be some alternatives to cryptocurrency that you can consider.
Alternative Assets to Consider
Here is a list of alternative asset classes you could consider instead of crypto:
Commodities
Commodities are some of the most trade assets on the trading markets. This group includes assets such as Oil, Gold, Silver, Lead, Aluminum, Natural Gas and more. These are fast moving markets!
Indexes
An Index is a portfolio of shares that fit a certain criterion. These are normally universal standards and are widely used. Examples include the JSE Top 40, S&P500, FTSE 100 and more. These are widely traded for both long term and short-term gains.
Forex
Forex markets are used in many ways from trading for profit to hedging against currency movements. The forex markets are some of the most widely trade markets in the world and provide traders with extreme levels of productivity!
How to trade these Assets?
To be able to trade these alternative options to crypto, you will need a broker who can handle the speed and volatility of these markets. They also need to be licensed and registered in South Africa to ensure your safety.
Blackstone Futures is a great option for new and experienced traders. The broker is registered in South Africa and provides regular training. Along with no commissions and low spreads!
Click on the banner below to try them out:
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