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Why you should diversify your crypto portfolio

MONEYWEB Investing in bitcoin alone is a sub-optimal strategy. 00:03  Investing in a single asset gives you considerably less exposure to the sometimes unpredictably good performance of another asset. Image: Supplied Diversification is a bedrock principle of sound investing, and things are no different when it comes to cryptos. Many crypto investors only hold a single crypto asset, like bitcoin, but this approach is somewhat flawed if your goal is to generate a return. An investment into ...
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What are NFTs, and how to invest in them?

MONEYWEB What are NFTs, and how to invest in them? Think of it this way: anyone can buy a Monet print, but only one person can own the original. And that makes it valuable. It’s the same with all things digital. 00:01  The artist known as Beeple made $69m at Christie’s when he sold a piece of digital art as an NFT. Image: Supplied Non-fungible tokens (NFTs) are the latest craze in the crypto and digital asset world. There’s nothing like an explosion of digital artwork on the b...
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