Benjamin Garza | Merriman Capital

Author: Benjamin Garza

Top Tips for Building a Diversified Digital Asset Portfolio

In the fast-paced and ever-evolving world of digital assets, savvy investors know that playing it bright means more than just picking a few popular cryptocurrencies and hoping for the best. Building a well-diversified digital asset portfolio is the key to navigating the ups and downs of this exciting market. Whether you’re a seasoned trader or just dipping your toes into the crypto waters, having a variety of digital assets can help you minimize risks and maximize returns. Ready to dive into the top tips for creating a balanced and robust digital asset portfolio? Let’s get started. For a deeper dive into this topic, you can review this crypto airdrop blog and explore the latest trends and strategies to help you navigate the crypto landscape.

Mix Different Types of Digital Assets

The first step to diversification is mixing different types of digital assets. While cryptocurrencies like Bitcoin and Ethereum are well-known, the digital asset space offers various other opportunities, including utility, security, stablecoins, and non-fungible (NFTs) tokens. You can spread your investment risk by including a mix of these asset types. For instance, while Bitcoin might provide long-term value storage, utility tokens may offer access to specific platforms, and stablecoins can hedge against volatility. Diversifying across different digital assets can protect your portfolio from market fluctuations affecting a single asset type.

Invest in Different Sectors and Technologies

The digital asset space is not limited to currencies; it spans various sectors and technologies. The opportunities are vast from decentralized finance (DeFi) platforms and blockchain-based supply chains to digital identity verification and decentralized applications (dApps). Investing across different sectors can further diversify your risk. For example, if you invest in both a DeFi platform token and a blockchain infrastructure token, poor performance in the DeFi sector won’t necessarily mean losses across your entire portfolio. Consider emerging trends and technologies within the digital asset space to capture potential growth.

Allocate by Market Capitalization

Market capitalization, the total value of a cryptocurrency, can serve as a helpful guide when allocating assets. Large-cap digital assets like Bitcoin and Ethereum tend to be more stable than smaller-cap altcoins, which might offer higher growth potential but come with increased volatility. A diversified portfolio might include a mix of large-cap, mid-cap, and small-cap digital assets, balancing stability with growth potential. Allocating by market cap helps manage risk, as large-cap assets can provide a foundation of stability, while mid and small-cap assets can drive portfolio growth.

Regularly Rebalance Your Portfolio

The digital asset market is highly dynamic, constantly changing prices and market conditions. Regularly rebalancing your portfolio is crucial to maintaining your desired level of diversification. Rebalancing involves periodically adjusting your portfolio to align with your investment goals and risk tolerance. For instance, if one asset’s value significantly increases, it might disproportionately dominate your portfolio, increasing risk. By rebalancing, you can sell some of the appreciated assets and reinvest in underrepresented ones, ensuring a balanced approach that adheres to your strategy.

Stay Informed and Adapt to Market Trends

Staying informed about the latest market trends and news is vital for successful diversification. Technological advancements, regulatory changes, and global economic factors influence the digital asset market. By keeping up-to-date with industry news, you can identify new investment opportunities and adjust your portfolio to reflect current conditions. Subscribing to reputable cryptocurrency news sources, following expert analysis, and participating in community forums can provide valuable insights. Being proactive and adaptable to market changes can enhance your portfolio’s resilience.

Building a diversified digital asset portfolio is a strategic approach to managing risk and maximizing returns in the volatile world of digital investments. By mixing different types of digital assets, investing across sectors, allocating by market capitalization, regularly rebalancing, and staying informed about market trends, you can create a robust portfolio that withstands market fluctuations. Remember, the key to successful diversification is continuous learning and adapting your strategy to the ever-evolving digital asset landscape.…

Financeinvest, risk, trading

Navigating the Pitfalls: Understanding the Common Risks of Trading

Are you considering entering the trading world but still unsure about the risks involved? Trading can indeed be a lucrative venture when done right, but it also comes with its fair share of risks. As a trader, it is crucial to understand how it can affect your investments. But f you are new to trading or planning to start trading, there are some things to know about. By reading the article, you can learn more about it. Here, we will discuss the common risks of trading.

Market Risk

Market risk is the possibility of losing money due to changes in market conditions. It’s a common risk that every investor faces when trading. Economic fluctuations and political events can affect market prices leading to potential losses for investors. Market risks can be classified into two categories: systematic and unsystematic. Systematic risks such as inflation rates, wars, interest rate changes, and natural disasters affect the entire stock or financial markets. Unsystematic risks, such as management decisions or supply chain disruptions, are specific to individual companies.

Liquidity Risk

Liquidity risk is one of the most significant risks traders face when investing in the stock market. This type of risk refers to the possibility that an investor may be unable to sell their assets quickly enough due to a lack of buyers or sellers. In other words, it’s the risk associated with being unable to convert an investment into cash without suffering a loss. This type of risk can occur for several reasons, such as changes in market conditions or company-specific factors affecting liquidity levels. For example, if a publicly traded company has poor financial results and investors start selling off their shares, this could cause liquidity problems and make it difficult for other investors looking to sell their own shares. In addition, trading in illiquid securities like penny stocks can also expose traders to significant liquidity risks because these types of investments are often thinly traded with low volume.

Interest Rate Risk

Interest rate risk is one of the common risks associated with trading. It refers to the potential for losses due to changes in interest rates. It works because when interest rates increase, the value of fixed-income securities declines, which can result in losses for investors. For example, if an investor holds a bond paying 5% interest and the market interest rates rise to 6%, then new bonds issued will pay this higher rate. This makes existing 5% bonds less attractive, causing their price to fall. If this investor decides to sell their bond before maturity, they could lose money because its value has decreased. This risk applies not only to individual bonds but also affects other investments, such as stocks and mutual funds, that are sensitive to changes in interest rates.

Credit Risk

Regarding trading, credit risk is one of the most significant risks that traders face. A borrower or counterparty. In other words, when you lend money or enter into an agreement with someone else, there’s always a chance that they won’t be able to repay you. Credit risk can arise in many different situations. For example, if you’re trading on margin and your broker goes bankrupt or fails to meet its obligations, you could suffer significant losses. Similarly, if you invest with a company that later goes bankrupt or defaults on its debt payments, you could lose your entire investment.

Trading can be a potentially rewarding but also a risky venture. It’s important to be aware of the risks and take measures to minimize them. Market risk, liquidity risk, interest rate risk, and credit risk are all common types of risks that traders face. Traders must stay up-to-date with market news and trends to make informed decisions about when to enter or exit trades. With careful planning and execution strategies, traders can successfully manage the risks associated with trading.…

Financebank card, card, credit card, finance, money card

Simple Hacks to Take Your Credit Card Rewards to the Next Level

Juggling with kids while working at home and managing the finances – all at the same time is a challenge for anyone. But hey, busy moms! Did you know that those credit card(s) that are tucked away in your wallet can help you get rewards and more? Yes, that’s right. With the bästa kreditkortet or credit card reward programs, you can get money back on all of your purchases, as well as special discounts and deals.

The banks and issuers of these cards provide cash rewards, airline miles, points for shopping, gift certificates, and more for using the card. Now let me ask you a question. Are you ready to max out the rewards and get the most bang for your buck? So read on for some simple hacks that can help you do just that.

Consider Going for a “Product Change”

First off, let’s evaluate how much you are getting from your current credit card. Is it enough? If not, why not consider doing a “product change” – changing the type of credit card you currently have? Many banks and issuers run special campaigns offering higher reward points on various types of cards like travel, gas, dining, and so on. Do your research and find out which card will provide you with the best rewards. Without applying for a new card, you can get more rewards by doing a product change.

Ask for a Retention Offer

Have you noticed that some of your cards have been sitting idle in your wallet? It may be time to call the issuer and ask for a retention offer. Many banks will give bonus points, rewards, or discounts if you start using their card again. This will be such a great opportunity to get the most out of your card and enhance your rewards. Just be sure to read the fine print and ask questions if needed.

Be Aware of the Credit Card Calendar

The credit card market is constantly evolving. They have great offers and rewards points that can be availed during different times of the year. For example, banks usually come out with special campaigns around holidays such as Christmas and Thanksgiving. Doing your due diligence to keep up with the ever-changing promotions will help you get more rewards points and discounts on all your purchases.

Pay Attention to the Bank’s Promotions

Banks and credit card issuers often come up with new promotions that can help you maximize your rewards points. They may offer discounts on certain products or services, bonus points for a specific purchase amount, cash back offers, and so on. So make sure to read their emails, flyers, and other materials to know what they are offering, and take advantage of the same. In some cases, you may even be eligible for additional rewards and discounts – so don’t miss out on those opportunities.

Finally, make sure you use your credit card responsibly. Pay off your balance in full each month to avoid carrying debt or paying interest. This way, you’ll be able to maximize your reward points and get more out of them. With these simple hacks, you can take your credit card rewards to the next level and get the most bang for your buck. So moms, get outside your comfy zone and make the most of your card.…

Financebenefits, broker, mortgage

How Mortgage Brokers Can Save You Time and Money

Finding the right mortgage is essential if you’re in the market for a new home. It can be challenging to navigate the world of mortgages on your own, but thankfully, some professionals can help. Mortgage brokers are experts in mortgages and can save you time and money. This blog post will discuss how https://goldmanread.co.uk/ mortgage brokers can help you get the best deal on a new home.

They Have a Large Network of Lenders

Mortgage brokers have an extensive network of lenders that they work with. This allows them to shop for the best rates and terms for you. They can also save you time by doing all the legwork. All you need to do is provide them with some basic information, and they will take it from there.

They Help Tailor a Loan

Another reason mortgage brokers can save you money is that they can help tailor a loan to your needs. They will work with you to determine what type of loan is best for your situation, and they will also work with you to get the best terms possible. This way, you can be sure that you are getting the right loan for you and getting the best terms possible.

They Can Protect From Fraud

Unfortunately, there are a lot of people out there who are looking to take advantage of home buyers. This is why it is crucial to work with a mortgage broker. They can help protect you from fraud and help you avoid any scams that may be out there. For instance, there are a lot of “foreclosure rescue” scams out there. These scams typically involve someone offering to help you keep your home from being foreclosed on. However, they usually charge you a lot for their services and may even take your home anyway. A mortgage broker can help you avoid these types of scams.

They Assist In Pre-Approval Process

One of the essential things a mortgage broker can do for you helps you with the pre-approval process. You provide them with your financial information, and they work with lenders to get you pre-approved for a loan. This can save you a lot of time and help you avoid any surprises down the road. Consider working with a mortgage broker if you are in the market for a new home. They can save you time and money and help make the process less stressful.…

Financeaccountant, Business, importance

Five Reasons to Hire Professional Accountants Today

Running a business can be challenging. There are so many things to think about, and it can be hard to keep track of everything. That’s where professional accountants come in. They can help take care of all your financial needs and make sure your business runs smoothly. Here are five reasons why you should hire professional accounting services today.

They Are Reliable

Hiring someone that doesn’t have much knowledge in the accounting field can be risky. You might end up with someone who makes a lot of mistakes, which can cost you money. Professional accountants are reliable and will make sure that everything is done correctly because they are licensed, trained, and have years of experience that speak well for their credibility.

They Have Experience

When it comes to your finances, you want someone who knows what they’re doing. Professional accountants have years of experience dealing with different financial situations. They know how to handle your money in the best way possible and will make sure that your finances are in good hands. Remember that you don’t want your company to be made as a field test for green grasshoppers.

They Know the Law

Another reason to hire professional accounting services is because they know the law. This is important when it comes to filing taxes and dealing with other financial matters. You don’t want to end up in trouble with the law because you made a mistake on your taxes. Professional accountants will make sure that everything is done correctly, so you don’t have to worry about it.

They Save You Time

When you’re running a business, time is money. You can’t afford to waste time on things you’re not good at or don’t have time for. Professional accountants can take care of all your financial needs so you can focus on other aspects of your business. This will save you a lot of time and energy in the long run.

They Save You Money

Hiring professional accounting services might seem like it would be expensive, but it’s actually quite affordable. When you consider all the time and money that you would save by not having to do everything yourself, it’s worth it to hire someone to help out. In the end, professional accounting services will save you a lot of money.

So, there you have it. Five reasons why you should hire professional accounting services today. If you’re running a business, it’s essential to have someone you can rely on to manage your finances. Professional accountants are experienced, reliable, and will save you time and money. Don’t wait any longer and hire a professional accounting service today.…

Accountsbookkeeping services, outsourcing bookkeeping

Advantages of Outsourcing Bookkeeping

Bookkeeping can be a lot of work dealing with a thousand paperwork. However, with the current technology and software such as QuickBooks and Xero, you can get all financial reports and documents in one click.

Numbers in the financial reports will be accurate, which is good at accounting. Outsourcing bookkeeping services from accountants albert park for a small business might seem expensive, but it is efficient and helps grow the business. The following are the advantages of outsourcing bookkeeping services.

Saves Time

Bookkeeping is a tedious job and can take time hours or even days. Comparing paperwork analyzing documents, reconciling payrolls is not an easy task. Outsourcing bookkeeping means you will use that time to do other things for your business, such as improving the customer care system, work on your marketing strategies, or evaluate the business performance.

It will also save on consuming time on paperwork. The time spends in recruiting an accountant is saved. Recruitment is a complex process that involves conducting interviews and shortlisting candidates until you find the right candidate. Remember, time is equal to cost. The recruitment cost will be plenty compared to outsourcing the services.

Minimize Errors

If you are doing all the paperwork by yourself or using an in-house bookkeeper, the chances of getting errors are maximum. Before you get the numbers to perfection, you will need an adjustment period to go over the numbers again.

Getting a bookkeeping expert will work on your numbers, getting rid of all errors and mistakes. The team of experts will oversee and work on the errors immediately. They use a tracking system that tracks errors in your numbers.

Get Financial Data

In most cases, an accountant is needed to give detailed financial information. Hiring an accountant for a small business might be expensive, but outsourcing bookkeeping, you can find everything you need by clicking a button.

You get all information from losses to profits, cash flow, and balance sheets. With a record of every financial report, it is easy to share with creditors, legal counsel, and partners.

Grow Business

Outsourcing bookkeeping saves you time. You will focus on the strategies to make your business grow. Having accurate financial reports will help you make the right decisions in the business. You get to understand the costs, profits, and losses of your business.

The available time can be used to interact with customers and building a good relationship. This is important for the success of the business. You will know what your customer wants and make a few changes to suit them.…

Financebusiness loan, loan

Guide to Choosing the Right Business Loan

business key One of the most important things about running a business is having the resources to help you realize your objectives. And most of these resources have a financial aspect attached to it. Whether you want to buy raw materials, have some machines, or hire someone, you need finances. It is a known fact that most businesses, especially SMEs, tend to be quite limited when it comes to finances. So they are often inclined to borrow money for them to stay in business and compete.

There are several options to consider when you are looking for a business loan. With a range of providers offering loans out there, you need to make sure that you make an informed choice before committing to any business loan type. And here are some top considerations to bear in mind whenever you are shopping for a business loan.

Lending Criteria for Business Loans

Before you start shopping for a business loan, you need to understand what lenders will be looking for before approving your application. For instance, they might be interested in knowing how long your business has been in operation. Most lenders want to work a business that has been operations for a while, especially if you do not have a decent asset base.

Another essential criterion used is your turnover, which is considered the clearest indicator of your business’ health. Most lenders would want a business that can be able to pay for the loan. Most importantly, they might also have to look at your credit score – business or personal, to determine the risk involved. If your company has met these eligibility criteria, you need to start looking for a lender who promises the best terms. Here are some factors to consider when sifting through different lenders.

Security: You need to understand the concept of security when looking for business funding. You need to choose between secured and unsecured loans by evaluating the pros and cons offered by each option.

Flexibility: Most business loans have both fixed terms and monthly payments. However, if you are not so sure about your repayment ability, you might consider going for a flexible option.

Nature of your business: Finally, you need to think about the nature of your business. For instance, if you get most of your revenue from cards, it makes sense to work with a lender who offers merchant card loans. cash loan

…

Finance

Reasons Payday Loans Are High In Demand

In a perfect world, everyone will make enough money to meet his or her financial requires and knows how to save and budget. Also, in an ideal world, you can plan everything that will happen to. Therefore, there are no unexpected expenses, bills, or financial shortfall. Unfortunately, you do not live in a perfect world, and you are bound to deal with unexpected financial issues that can turn your world upside down. Thus, there will be a niche demand for payday loans.

Other than the unexpected financial shortfalls and burdens that occur in life, there are several other reasons people still seek out payday loans. A common alternative to payday loans is using credit cards. However, there many other places that do not accept credit card payments. Therefore, cash is still the king, and you need physical cash each day. Nowadays, there are many reputable payday loan lenders out there who can send you cash within a few hours. Also, the loan can be deposited in your bank account without having to visit the payday shop. These are some of the reasons payday loans are still quite popular.

Some Stores Do Not have Credit Card Facilities

Even in this economy, credit cards are not accepted at some merchant stores. Such stores prefer cash only. It can also be that the emergency amount you need is greater than the limit on a credit card. Therefore, payday loans are a great compliment as they can help you with your financial situation.

Pay Your Bills

Usually, you have due dates for bills that fall due before you get your salary. That is the case if you are paid on a monthly basis such as car registration, electricity bill, insurance premium, and mobile phone bill. Thus, payday loans can help you with your budgeting and cover all bills that are due at various times in the month. Applying for payday loans is a convenient means of obtaining funds to meet your demanding financial stresses. In fact, payday loans play a great role before you receive your next salary.

Help Maintain Good Credit Profile

It is not advisable to make late payments on your credit card as they can stay on your credit profile for over five years and even affect your credit rating. In this case, you can use a payday loan to pay off your minimum due balance on the credit card. That can help keep the credit card balance current and maintain a good credit rating.…

Insurancecar insurance, insurance policy

Choosing the Best Car Insurance Policy

Every car owner should insure their vehicle. It is a requirement in most countries because it helps ensure all those affected are covered in case of an accident. Failing to get your car covered may land you hefty penalties.

Keeping your car insured can see you get compensation in case of an accident. Your insurance provider will assess the state of your damage to find out if you still qualify for reimbursement. Insurance covers may vary from one type of car to another. Those operating commercial or public service vehicles will take a different kind of protection.

One good example is cab drivers who can go for the taxi insurance. You should settle for a good insurance provider for the best services. One thing you need to consider is their reputation. Look at how they handle or treat their clients. Have they been linked to any scandal in the past?

You should also consider the financial status of the insurance company you want to pick. Make sure they are stable to avoid counting losses when they go bankrupt. Settle for a company with the right policies. You can do your research and compare what the different insurance providers have to offer. The following are things that must be put into consideration when choosing the best car insurance policy.

Cost

You must look at the prices of the type of auto insurance policy you want to choose. The comprehensive cover, which is the best is somehow expensive compared to others like the third party policy. You must be ready to pay for the best. One can also compare costs between the different insurance providers.

Identify Your Needs

One should understand their insurance needs to settle for the right type of cover. What exactly do you want to protect? Some companies will offer an extra cover for some of the things you may want to protect. Coming clear on your insurance needs will help you settle for the right type of protection.

Check Details

One thing most people do is settling for a specific cover without understanding everything it entails. Take your time and go through every detail of a particular coverage. You can seek help from some experts who will help you understand everything offered in one. Doing all this will help you settle for the right auto insurance policy.…

BusinessBusiness, CBD, Tips

Starting a CBD Oil Company

For some people, smoking is one of the ways to relax, and since technology has grown even further than years before, there’s a new alternative in smoking, which is vaping or e-cigarette. Perhaps you’re a smoker that understands how great it is to vape rather than smoking a regular cigarette, and you want to create your own CBD oil business. But how do you do it when you do not know business whatsoever? Simple, in this article we’re going to help you with starting your CBD oil company, make sure to read more to know about it.

Legals

CBD legal is banned in 50 states, and this means that you insist on selling your CBD oil, you’re going to get arrested since it’s illegal. So, the first step to do on establishing your business is to know on how you deal with the legal, finding a way to make sure your CBD oil is legal and safe to use with certification.

Marketing

Most people saw a CBD oil as an oil to vape, and that’s it. There’s a lot of benefits on using a CBD oil, especially for those who have problems with anxiety, skin problem and chronic pain. If you’re starting your CBD oil for that kind of customers, make sure you market it in the right way, as marketing plans for smokers and general audiences are undoubtedly different. If by any chance you have zero clues on how to make a great marketing plan to deliver to your customer, consider hiring a business consultant.

Flavors

It is well known that CBD oil can be made to have a lot of flavors, such as strawberry, apple, bubble gum and many more depending on your preferences. Flavors can determine your success as well; maybe you’ve created a unique taste in the market that people happen to love, so make sure to research trial and errors first. A safe option is to pick the top-selling flavors in the market.

Questionnaire

Another thing that you can do to collect data for your business is to spread polls or surveys in the market of people regarding CBD oils. There are many questions that you can ask, and this will be valuable to your business. For example, what kind of flavor do the customers want in a CBD oils business? Or why do people not use CBD oil? Is it because of how it’s marketed to the market?…

Autocar, factors, lenders, loan

Factors to Consider Before Getting an Auto Loan

Many people aspire to drive their cars, but they lack the necessary funds to have their dreams come true. The good thing is that car loans can bridge this gap by allowing individuals to fulfill their dreams by paying some amount of the cost of the car in monthly installments. Many auto dealers can offer guidelines to their clients on how to go about the loan. However, before taking a car loan, here are some important factors to consider.

The Rates of the Loan

The rates of the loan depend on factors like the model of the car, your capacity to repay the loan, and your employer among other factors. However, most banks offer preferential interest rates on the car loans to their existing clients. Therefore, you should first check for such offers with your bank and then compare the rates with the online lending market platforms. You should also check the rates that the dealer finance companies offer before making the final call.

The Loan Amount

Many lenders will finance up to 100% of the cost of the vehicle, and that is why you should opt for the lowest loan amount. This will help you to reduce your interest costs. When you are doing this, make sure that you are not using your emergency fund or redeeming your long-term investments because this will have negative financial implications in the future. To avoid this, save money so that you can have enough accumulated funds to make a down payment because this will reduce the burden of the auto loan.

The Processing Fee

This is the fee that lenders charge to cover the costs of the loan application process. This fee is non-refundable. It is important to know that many lenders often waive off processing fees or significantly reduce them during some holidays or just their annual and semi-annual offers. The offer may be tempting therefore you should be cautious and check whether they are charging higher interest rates or they have other hidden charges to cover their loss on the processing fees.

Your Credit Score

Before approving your car loan, lenders will check your credit score. Some even fix the car loan rates just by checking the credit scores of their customers. The clients with a high credit score will easily get their loans approved. It is therefore essential to present the lenders with your credit information when making the loan application to make the process easier and faster. If you have a bad credit score, you can work towards improving it.…

Technologybusinesses, convenience, finance, services

Benefits of Financial Technology

Financial technology is widely known as FinTech, and it is the use of technology to deliver financial products and services. There is a wide range of financial products and services that can be provided by innovative technology. Such products and services include convenient and fast methods of payments by the consumer. In other words, improving the clients’ user experience. Many business segments have benefited from this innovation. For instance, mobile payments, lending, and money transfer among other transactions. Many consumers have greatly benefited from the rapid growth of the innovation, and this has ultimately helped businesses because they have reduced costs. In addition to this, there is a healthy competitive environment between the companies. Here are some benefits of financial technology.

Better Payment Systems

This technology has enabled businesses to be more effective than they were before because the invoices are accurate and the method of collection of payment is effective. In addition to this, consumers are often attracted to convenience. Therefore, for those businesses that have adopted this technology, there is a chance that they have retained their customers and increased their customer base because of their convenient, professional services.

Rate of Approval

Reports show that many small vendors are starting to use lenders who are involved in financial technology. This is because such lenders are most likely to increase the accessibility and hasten the rate of approval for finance. A while ago, the application process was time-consuming. However, with financial technology, the application process and receiving of the capital is a process that takes just about 24 hours.

Advanced Security

For people to confident in the financial services, they are using, applying the latest security techniques is needed. Many mobile technologies are being invented that are highly effective in ensuring that consumers have maximum data privacy and that the data is secure. Some of the latest security options include the biometric data and encryption.

Convenience

The companies that are involved with financial technology often use mobile connectivity. This has therefore increased the number of customers who can have access to these kinds of services. In addition to this, the efficiency and convenience of transactions are significantly improved. Consumers now have the option to manage their finances using their smart-phones and tablets, and this has enabled the business to provide their consumers with an all-round experience thus improving the consumer experience.…