The excitement surrounding digital currency may leave some investors feeling like the lonely kid at the pool party, wanting to join their friends having fun in the deep end, but too nervous to jump in.
For those investors who are cautiously curious, here are ways to gain exposure to cryptocurrency without buying it, and if you do decide to purchase, how to lower your risk.
INVEST IN COMPANIES WITH CRYPTOCURRENCY HOLDINGS
Think of this strategy as cryptocurrency investing once removed. Some publicly traded companies have cryptocurrency holdings. And because they are betting on its success, you can too, with those companies acting as a buffer.
“When you’re thinking about investing in a company because they have exposure to crypto, it really runs the gamut from how direct or indirect you are in terms of that exposure,” says Douglas Boneparth, a certified financial planner and president of Bone Fide Wealth in New York City. “It just depends on how much of their balance sheet is in crypto.”
Continue reading your story on the app
Continue reading your story in the magazine
Health The growing influence of Apple on healthcare
In a 2019 interview with Mad Money’s Jim Cramer, Apple CEO Tim Cook said: “If you zoomed out into the future, and you look back, and you ask the question, ‘What was Apple’s greatest contribution to mankind?’” After a short pause, he answered his own question: “It will be about health.” Two years on, his vision is already becoming a reality for the company.
COLLINS DICTIONARY PICKS NFT AS WORD OF THE YEAR 2021
Collins Dictionary has chosen the term NFT as its word of the year after surging interest in the digital tokens that can sell for millions of dollars brought it into the mainstream.
NEW TWITTER CEO STEPS FROM BEHIND THE SCENES TO HIGH PROFILE
Newly named Twitter CEO Parag Agrawal has emerged from behind the scenes to take over one of Silicon Valley’s highest-profile and politically volatile jobs.
COGNIZANT CEO DISCUSSES FIERCE BATTLE FOR TECHNOLOGY TALENT
Digital services have become more important than ever since the pandemic began in early 2020, and that’s meant big business for major technology companies.
NISSAN INVESTING IN ELECTRIC VEHICLES, BATTERY DEVELOPMENT
Nissan said this week it is investing 2 trillion yen ($17.6 billion) over the next five years and developing a cheaper, more powerful battery to boost its electric vehicle lineup.
MISSISSIPPI UNVEILS MOBILE ID PROGRAM: AN APP FOR PHONES
Mississippi is unveiling a new app that’s designed to store someone’s driver license on their phone.
OUTDOOR DECORATING TRENDS: NATURAL, COZY, SUSTAINABLE
Home, as we know, has become more central to many of us during the pandemic, and that means outdoors as well as in. This holiday season, designers and retailers have suggestions for updating window, door and yard decorations.
OMICRON UNRAVELS TRAVEL INDUSTRY'S PLANS FOR A COMEBACK
Tourism businesses that were just finding their footing after nearly two years of devastation wrought by the COVID-19 pandemic are being rattled again as countries throw up new barriers to travel in an effort to contain the omicron variant.
SPACE JUNK FORCES SPACEWALK DELAY, TOO RISKY FOR ASTRONAUTS
NASA called off a spacewalk Tuesday because of menacing space junk that could puncture an astronaut’s suit or damage the International Space Station.
‘BUY NOW, PAY LATER' CATCHES ON JUST IN TIME FOR HOLIDAYS
As Americans shop for the holidays, they will likely see a swarm of offers to get their gifts now but pay for them later in fixed monthly installments.
Teaching Digital Currencies Not to Guzzle
Alternatives to “mining” augur power-sipping coins
Rivian's Success Is a Tribute to Tesla
Why is a company with no sales worth $130 billion? Belief in EVs
After Twitter Poll, CEO Musk Sells Off $5b in Tesla Shares
After making a promise on Twitter, Tesla CEO Elon Musk has sold about 4.5 million shares of the electric car maker’s stock, raising over $5 billion.
TESLA SOFTWARE RECALL MAY HEAD OFF FIGHT WITH US REGULATORS
Tesla has issued a recall that automatically sent a software update fixing a safety problem in its electric vehicles, apparently heading offa looming confrontation with U.S. safety regulators.
LUCID MOTORS’ ALL-ELECTRIC FIRST CAR IS ABSOLUTELY A THREAT TO TESLA AND OTHER LUXURY AUTOMAKERS
TESLA HITS RECORD PROFIT DESPITE PARTS SHORTAGE, SHIP DELAYS
Record electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the biggest quarterly net earnings in its history.
Elon & Grime's BIZARRE BREAKUP
US REGULATORS SEEK ANSWERS FROM TESLA OVER LACK OF RECALL
U.S. safety investigators want to know why Tesla didn’t file recall documents when it updated Autopilot software to better identify parked emergency vehicles, escalating a simmering clash between the automaker and regulators.
Down to Their Last Dollar
Businesses fail every day, from world-beaters (like TWA and Lehman Brothers) to sexy high-fliers (DeLorean, Enron) to Steady Eddie, old-school icons (Toys “R” Us, Sears). Sometimes, of course, market conditions simply turn Sisyphean. But often, when that boulder starts to roll backward, a leader’s grit, imagination, resourcefulness, and ability to conjure a little luck can mean the difference between a brave new chapter and, well, Chapter 11. Here, four businesses that went from nearly bust to total gangbusters.
El futuro es eléctrico
Una revolución ecológica en los viajes ha comenzado: los automóviles con baterías modernos se venden con rapidez y los aviones de cero emisiones están a punto de llegar.