Invest in what you understand. This is an old, time-tested adage that has guided many novice investors in their wealth-building journey. And to some extent, it applies to traders as well and gives them even more data to work with than the technical analyses are equipped to provide. The spread and variety of assets that the investor of today has access to are quite staggering. It offers new opportunities but also opens you up to unique risks. Still, it’s much better to have the option to choose from a wide variety of investment vehicles and never exercise it than to have limited options at your disposal.
And when it comes to the variety of investment vehicles, BTC-Vibe is definitely worth considering.
Why Having Multiple Investment Vehicle Options Is Important?
Most retail investors never venture out from one or two investment vehicles that they are comfortable with, and it’s easy to see why. Stocks and ETFs are usually the first choices of most such investors, and these are assets that they understand. Options might be too complex for them and crypto too volatile. Commodities futures may require them to learn more about supply and demand, something they might not be keen on.
It’s a good idea to stick to what you know and understand, but that can limit your growth opportunities, especially in difficult markets. During the great recession, most global markets kept slumping for a significant period before the recovery period began. Stocks and most ETFs wouldn’t have been viable choices in that period (unless you were buying the dip for long-term holding), but some other contrarian investment vehicles like gold would have been an amazing way to make money.
Access to a wider variety of investment assets is also good from a diversification perspective, and it can also help you stretch your risk tolerance without breaking through the limit.
BTC-Vibe – A Perfect Choice To Access All Your Favorite Investment Asset Types
A lot of online brokers allow you to invest in multiple investment types, including stocks, options, crypto, etc. But BTC-Vibe stands out from the crowd for a number of reasons.
- It comes with comprehensive and thorough literature that can act as your “entry-point” to a new asset class you are planning on trying. This includes material on strategies, risks, opportunities, and even tax implications in your country.
- The fees and commissions are market-competitive across the board. BTC-Vibe is not one of the online brokers that tilt too heavily towards one asset class, like stocks or funds. It gives equal importance to all investment vehicles and offers market-competitive rates compared to both brokers that specialize in that asset class and general brokers that give you access to a wide variety of investment vehicles, like BTC-Vibe itself. It ensures that you don’t have to “split” your portfolio and investment funds for two (or more) different brokers.
- The platform is quite easy-to-use for most investors. The original interface is quite minimalistic, which might not appeal to seasoned traders and investors used to seeing tens of charts and indicators simultaneously, but it offers a lot of comfort to new investors. Besides, you can customize the interface to make it as complicated and sophisticated as possible. Personalization is a great plus for BTC-Vibe.
- It doesn’t just give you access to a wide variety of investment vehicles and asset types under one umbrella; the sheer number of investment assets it gives you access to is amazing. From international stocks and funds to numerous cryptocurrencies, you can achieve extensive diversification within an asset class and for your portfolio as a whole.
It’s important to note that, like any other platform, BTC-Vibe has a few limitations. Options trading, for example, can be a bit complex for uninitiated investors. The fees are quite competitive, but even cheaper options can be found if you stick to online brokers specializing in one asset class. Though if you take into account the additional fees of using multiple platforms and the transfer fees associated with funding multiple accounts (including the time cost), the outright difference between the fees shrinks to almost nothing.
The benefits of using BTC-Vibe to access a broad range of investment vehicles far outweigh these limitations.
From creating a simple portfolio containing multiple asset types to executing complex trading strategies based on real-time data, BTC-Vibe can help you do it all. Even though it’s geared more towards investors than traders, the latter may find it uniquely appealing thanks to the variety and simplicity (combined with affordability) that it offers. It also offers occasional promotions to new users, so be sure to check out the website for current promotions.
Disclaimer: This is a sponsored marketing content.