Fundamentals Are Fundamentals: Stacked’s Approach to Investing in Digital Assets
If someone told you in the early 2000s that Shiba Inus would play a significant role in the investing landscape of the early 2020s, would you have believed them? And yet, the proliferation of these cute little canines is almost the least bizarre part of today’s investing world. Whereas assets like tech stocks and real estate were some of the most popular investments twenty years ago, people today are investing in cryptocurrencies, plots of land in virtual worlds, and expensive digital sneakers for their avatars to wear in the metaverse. What?
It’s weird, to say the least; baffling, even. Yet here we are: huge amounts of money are being thrown in and out of the digital asset market at warp speed. And the FOMO (fear of missing out) is real — it can be tempting to want to jump into the action head-first.
But just because we live in a world of newfangled investment strategies doesn’t mean we should abandon the fundamentals of what we know about investing. As a wise man once said, “be greedy when others are fearful, and fearful when others are greedy.” In other words, you should think carefully about whether digital Air Mags are a sound investment.
The truth is that investors who can keep calm and carry on in the face of these new investment opportunities are best set to profit from them. Explore new asset classes, by all means. But throwing fistfulls of cash at digital assets without the right tools and techniques isn’t the answer, either — we have to recognize that good investing strategies use time-tested best practices to harness transformational technology.
This is the way forward. And you don’t have to do it alone: Stacked is here to help you combine the best tried-and-true investment strategies with the new world of digital assets.
This Ain’t Your Grand Pappy’s Gold
Long before the SWIFT network was adopted to help people send and receive money all around the world, and FDIC insurance was created to prevent people from losing their savings when banks would occasionally go under, people had creative ways of storing value. They would bury their jewels and precious metals on their property, or store them in safes and locked chambers, watched over by armed guards.
But when the earliest iterations of 20th-century electronic financial storage came along, the culture of storing value began to rapidly change. People moved away from storing their savings in gold and silver and toward keeping liquid assets in bank accounts. Nowadays, it’s not uncommon at all for someone’s entire net worth to be represented by a dollar amount on a screen, with no physical cash or other assets to back it up. In fact, only about $2.1 trillion of the$19.9 trillion in existence is held in physical notes and coins.
Crypto is the Golden Mean
Of course, citing inflation and distrust in financial institutions, some people still do bury gold in their backyards (and hey, we’re not here to judge). But for others, buying cryptocurrency strikes the right balance between preserving value and investing in the future. The cryptographically-secured scarcity of many crypto assets is designed to insulate them from inflationary pressures, while their technological features allow them to be digitally stored and transferred.
But for many people, simply purchasing crypto is where the journey starts and ends. They purchase a few different digital assets, watch them for a few months, and then ultimately panic-sell them when prices start to drop. Then, when another cycle of FOMO hits the markets, they purchase a few more assets and repeat the cycle. Alternatively, more committed “HODLers” may simply purchase assets and forget about them for months (or years), returning on occasion to see how the value of their assets has changed.
Both of these strategies — if you can call them that — may yield some success. But ultimately, investors need a greater level of flexibility and guidance to get the most out of their crypto investing experience.
Stacked accomplishes this by providing people with the tools they need to build reliable long-term investment strategies. Our methods combine the set-it-and-forget mindset of long-term HODLing with the dynamism of today’s digital asset market.
Take Your Crypto Investing to the Next Level
Stacked has developed a suite of automated tools that set your crypto portfolio on a safe and secure auto-pilot. With Stacked, you can choose from a wide range of vetted strategies and curated portfolios tailored to a broad range of interests and risk appetites. Each of them prominently displays its performance statistics, updated in real time. And crucially, Stacked will never ask you to transfer your crypto to a new account. Your assets stay in the trusted exchange of your choice (click here for a full list).
Setting up your account on Stacked takes just a few minutes. And after you’ve logged in for the first time, you can use the Stacked Dashboard to connect directly with your trusted exchanges, and select an automated investing strategy (also known as a Stack), or purchase a trading bot. And if you ever feel like you’re in over your head, Stacked’s team of customer support specialists is available 24 hours a day, seven days a week. Simply send a message in the chat box at the bottom right-hand corner of your Dashboard.
By taking advantage of Stacked investing tools, you can combine the best time-tested investment strategies with the most dynamic and exciting new asset class around — and you’ll have the support you need at every step of the way.
Click here to get started with Stacked today.