Month: August 2021

No Picture
Trading Ideas

What is Diversification in Investing?

August 13, 2021 admin Comments Off on What is Diversification in Investing?

Take a look at any major fund portfolio or any seasoned investor’s holdings and you’ll find a broad smattering of investments. This can include different sectors, investment products, allocations and modes of investment. It’s an example of diversification: something every investor needs to be familiar with.
Diversification is the practice of entering funds or company activity into a variety of investments or markets, such as technology, real estate, etc. This can lower risk and allow for higher long-term returns. Above all, it’s vital in protecting your wealth from the downturn in any one area.
It’s not difficult to practice diversification. …read more […]

No Picture
Trading Ideas

AXS Crypto: Value of Axie Infinity Token Jumps After Coinbase Listing

August 13, 2021 admin Comments Off on AXS Crypto: Value of Axie Infinity Token Jumps After Coinbase Listing

AXS crypto is poised to continue making big moves. This Ethereum-based token runs the Axie Infinity blockchain-based NFT game. For those unfamiliar, Axie Infinity is a game where players buy, sell, trade, breed and battle digital pets. The pets, of course, are known as “Axies.”

Before you shrug this one off as a passing trend, it’s worth noting that Axie’s NFT collection is one of the most expensive out there. It generated more than $42 million in sales in June of 2021 alone. And that number is increasing quickly. It’s also worth noting that when that kind of money is poured …read more […]