In our prior installments, we talked about Bitcoin (BTC) and Ethereum (ETH), two cryptocurrencies that were worthy of a place in just about everyone’s portfolio: BTC is the big boy on the block and is a great store of value while ETH takes advantage of the computational features of blockchain technology.
Hopefully, I was also painfully clear that investing in any cryptocurrency – including BTC and ETH -- involves substantial risk. You can lose big. So, if you’re thinking about taking the plunge, do so sparingly. A good rule of thumb: Don’t set aside more than 1% to 2% of your portfolio for crypto.
Now, after all, that, if you’re set to invest in a little cryptocurrency, welcome to the club! I think this class of assets is the future. It’s super-exciting and chock-full of potential, including profit potential.
But before you can get to that potential, you’ll need to actually buy some cryptocurrency. So, today, we’re going to do a deep-dive into one of the best ways to buy crypto: By using the popular crypto exchange, Coinbase (COIN).
Coinbase Is Big And Easy
Unless you’ve been under a rock for the past few months, you’ve heard about the wildly popular IPO (actually, direct listing) of Coinbase. Although it's off its highs, the shares now boast an eye-popping $63 billion market cap. And while Coinbase isn’t the biggest on a global scale, it’s the biggest in the U.S. Continue reading "The Best Cryptocurrency Exchange" →
