April 7, 2022

Today’s blog discusses tips on how investors can be successful when investing in cryptocurrency, a topic that Dan Schatt and Domenic Carosa, Earnity’s co-founders, are very familiar with.

People can invest in cryptocurrency both for diversification purposes as well as to increase their wealth overall. As Dan Schatt and Domenic Carosa point out, there are several advantages to investing in cryptocurrency, such as:

To diversify investment portfolio: Cryptocurrency has the potential to reduce the volatility of returns of an investor’s portfolio of assets since the value of cryptocurrency is not necessarily correlated with the values of other assets such as stocks or bonds. This means that investors could possibly reduce the overall amount of risk associated with a given portfolio’s expected return by adding uncorrelated assets such as cryptocurrency.

To earn money: Cryptocurrency is a good way for investors to earn more online if they manage their own account or use Account Management Services. They can also find trading signals on various social media platforms where other traders offer them free of charge.

To save money:  Investors can also invest in cryptocurrency and hold it for an extended period if they think the value will appreciate over time. For example, Bitcoin was worth less than $0.01 in March 2010 but was worth over $4,000 per coin in April 2017.

To protect wealth:  Cryptocurrency has since become a safe haven for many investors. Considering that cryptocurrencies are free from the authority of any single government, many people believe that investing in cryptocurrency is a way to protect one’s wealth. In addition, since the total amount of and future growth rate of most crypto is known in advance, there is no inflation risk associated with it, in contrast to a fiat currency that can be “printed” by the national governments.

Watch this space for more investment information and tips from Dan Schatt, Domenic Carosa, and the rest of the Earnity team.

In the past years, people have started seeing the potential of cryptocurrencies. As a result, many are becoming interested in creating their digital portfolios, especially in the wake of web3, NFTs, and decentralized finance (DeFi). However, they are hindered by the thought of going through complex steps upon signing up. Crypto platform Earnity, co-founded by Dan Schatt and Domenic Carosa, is a company created by fintech veterans who believe that crypto and DeFi will have a vital role in making access and opportunity possible for all.

From a technological standpoint, the world of cryptocurrency has been evolving at an exponential rate. New assets, tokens, and projects need to be understood more by users to succeed in the open-access community. Compared to the early days of Bitcoin, experts see that there is a potential for more users to participate. Dan Schatt and Domenic Carosa’s new DeFi firm Earnity aims to take the complexity and exclusivity out of crypto so that more people can start creating digital assets in a social media community space where they can also learn as they start buying, collecting, and gifting tokens to other users.

For the Earnity team, crypto was created to enable the personal financial independence and sovereignty that everyone deserves. Dan Schatt, Domenic Carosa, and a team of fintech experts are developing a platform that allows users to take complete control of their funds through a secure system. Instead of gatekeeping the crypto space, the goal is to create a community where even beginners can succeed. In the DeFi space, the lack of central authority enables faster, more secure transactions than traditional finance.

Crypto going mainstream will happen sooner than most people think. The global economy, accessibility to technology, connectivity, public interest, and other factors set the stage for more users to finally see what the buzz is all about. To gain momentum, people need a curated and dynamic crypto marketplace like Earnity that allows them to explore financial technologies, DeFi, and web3 while building their portfolio.