Crypto ermitinvests.com

Cryptocurrency

We offers a variety of cryptocurrencies that can be traded in relation to many different currencies. We offer pairings with the following cryptocurrencies: Bitcoin, Litecoin, Ripple, TRON, Ethereum and many others. Study cryptocurrency price charts with us.

Investing vs. trading cryptocurrency There are two options when trading in the cryptocurrency market. You can buy actual cryptocurrency on exchanges, where you own the underlying asset. This is considered a long-term investment, as you are waiting for the price to rise significantly before selling. For investors interested in cryptocurrency, ermitinvests.com has several choices for gaining exposure to cryptocurrency markets, though spot trading of cryptocurrency is not currently available.

Cryptocurrency's value stems from a combination of scarcity and the perception that it is a store of value, an anonymous means of payment, or a hedge against inflation. Cryptocurrency investors can buy or sell them directly in a spot market, or they can invest indirectly in a future market or by using investment products that provide cryptocurrency exposure.

Our perspective

We suggest that clients who are interested in cryptocurrency approach them as speculative investments and consider their goals as well as the risks involved. For those who already have a diversified portfolio and a long-term investment plan, we see cryptocurrency as being used primarily for trading purposes outside the traditional portfolio. Here are some aspects to consider about cryptocurrency investing in general, as well as differences between investing directly in the spot market vs. indirectly.

Potential for appreciation:

Some investors are attracted to the volatile price swings as a potential for profit.

Portfolio diversification:

Some investors believe that if the lack of correlation with other asset classes continues, cryptocurrency could add diversification to a portfolio.

Transaction transparency:

The use of blockchain records transactions between parties in a verifiable and permanent way visible to all.

24/7 access:

Unlike traditional exchange-traded products, cryptocurrency can be bought or sold at any time.

Control:

With no ties to banks, regulators, or governmental policies, cryptocurrency theoretically provides user autonomy.

Regulation:

The investment products offered at ermitinvests.com provide an element of regulation and consumer protections that spot trading lacks.

Recoverability:

Access to conventional investment accounts can usually be recovered if your credentials are misplaced.