In this article, you will find out the answer to the most important question – where is the money? Let us analyze profitable investment options and predict potential income. As a result, you can choose where to invest money in 2019.
Should I invest in cryptocurrencies?
To date, it is the most controversial issue. Cryptocurrency investments are considered high risks. To put it mildly, you can either increase your income 10-30 times, or lose everything. But let’s analyze the facts. In 2017-2018, new people became billionaires due to investments in cryptocurrencies. The most famous are Chris Larsen, the Winklevoss brothers, Vitalik Buterin, Changpeng Zhao, and Dan Larimer. These people are among the most influential in the cryptocurrency business. You probably know the story of an 18-year-old millionaire who invested $1,000 in bitcoins and bought them for $10 at the age of 12. Afterwards, he sold each bitcoin for $1,100. He invested money into the business that he soon sold for 300 bitcoins. Today, his cryptocurrency portfolio is estimated at more than $3 million.
A billionaire and hedge investor Mike Novogratz invested 10% of assets in cryptocurrency in 2013. He stated that this was his best decision. Mike bought bitcoins for $50, and then Ethereum for $1. Look at the chart with the price of ETH/USD:
Let’s imagine you have found such a promising project and invested $1000 as Novogratz did. If the price rises 1000 times, then your fortune will be $1 million. Yes, it seems unreal, but it is indeed possible.
Lifehack from traders: look for new ICO projects with unique technology that will revolutionize the future and give you the opportunity to increase your investment by 1000 times.
Overall, cryptocurrencies can be considered a profitable tool for traders. Then you can earn 10-20% per month. You will learn more about investing in cryptocurrency in the new article.
Investing in ICO
Initial Coin Offering (ICO) is a new way to attract investments. A businessman invests his money and receives the cryptocurrency issued by this company in return. At the same time, the company must take care of the development of tokens and price increase.
Let’s consider the example of Ethereum. Buterin implemented a revolutionary platform. With its help, anybody can create a new type of cryptocurrencies. As a result, hundreds of businesses released their tokens, thereby reinforcing Ethereum.
As for the numbers… In 2017, ICO projects attracted investments of nearly $1.7 billion. By the end of 2018, this figure was $2.7 billion. At the same time, more than 90% of ICO will never meet investors’ expectations and will not return the investments. But if you can find a real diamond, then you expect millions of profits. Let’s see some examples.
The cost of 1 Cardano token during ICO was $0.002. The current price is $0.037, and the maximum is $1.15. If you are among the first investors and put $10,000 in ICO, then your fortune would be $185,000 at the current moment. However, the maximum you could earn is $5,750,000.00. You may forget how to breathe – you can turn 10 thousand dollars into 5 million in just a couple of years.
Lifehack from traders: the price of cryptocurrency will return to its previous peaks in the next year or two. It means that if you invest $10,000 today, you can get at least $310,000.
Investing in Startups
A startup is a new project that can develop into a big business. Once upon a time, Apple and legendary Angry Birds game were startups. Today everyone wants to have shares of these companies in their investment portfolio. If startup participants can implement their ideas, they will multiply investments by 10-100 times
Statistics show no more than 10% of projects live longer than a year. As you can see, the probability of losing money here is very high, so carefully consider where to invest. The first problem of investing in startups is lack of experience in a team. They may be good developers, but they will not be able to sell their product. The second reason for the loss of investment is a late product’s release. In 19% of cases, the technology that seemed innovative at the start loses its relevance over time. If a team delays the release, it will probably fail. Eventually, the third and the most unpleasant reason – the creators of the project may be fraudsters.
So how much money can you make on a startup? Apple shares in 2004 were worth $20, and today they are sold at around $200. With an investment of $10,000, you could get $100,000. To earn a million dollars, you only had to invest $100,000.
The greatest thing about making money investing is that you can do what you love and still get millions over time.
In the next part of this article, you will read about the sums you can make on investments in metals, real estate, art, and other goods.