Today let’s dive into this new Gen Z wave of investing that consists of meme stocks, Alt Coins, Crypto Passive Income, NFT’s and straight out gambling. Enjoy!
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#1. Meme Stock Investing
This Investing strategy is not for the weak hearted as it has the ability to make you a millionaire overnight, but could, just as easily, lose you everything… It’s the fine art of throwing all of your money into one stock that’s currently being spread by social media, with the hope that it will rocket in value and go to the moon, fuelled by nothing but momentum.
But it’s also a lot more than that, it’s the chance for the everyday investor to band together and take on the rich hedge funds like never before and win big!
#2. ALT COINS
Alt coins are very attractive as they offer an opportunity to make a much higher percentage return than stocks. On the other hand, they are also much riskier…
Alt Coins are any cryptocurrency that isn’t Bitcoin, and as of 2021, there are thousands of these “alternative” currencies in existence, with hundreds being created daily.
Its a booming market and the chance for investors to get in at the beginning of something big. It very much reminds me of the dot com bubble, lots of people were investing in dot com domain names but only some of them ended up making their investors rich, like Amazon.com
As crazy as that is people are selling digital art now and even their social media posts as investments. Like fine art, people are buying and holding these assets with the hope that they increase in value.
#4. Passive Income
Passive income is the holy grail and dream for most people. I mean, who wouldn’t want to sit back and relax watching the money come rolling in! Personally, I have always been of the mindset to send my money off to work.
Lots of people are using high yield crypto saving accounts like Blockfi, these are a lot like your average high interest savings bank account, but instead of giving you a measly 0.5% interest Blockfi offers up to 7.5% for storing your crypto with them.
Other people are choosing to stake their coins, this is essentially locking them up for a period of time and getting paid interest in return. You can do this with Neo, Redcoin and Komodo, which will earn you 5% APR.
# 5. Crypto Gambling
People are actually taking part in something called the pancake swap lottery as well as their new prediction game. Investors are getting so sick of slow stock market returns that they will try anything to secure some quick profit and even gamify investments. Now I know I’ve only been on this planet for 25 years but to this day I still have not found a get rich quick scheme that actually works.
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*Some of the links and other products that appear on this video are from companies which Mark Tilbury will earn an affiliate commission or referral bonus. The Info in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.