Many say the mane problem with innovation is the high potential risk but I have come to understand that this is not the complete truth. Infact buy just following a few simple steps you can reduce the risk of your portfolio with simple investments. These steps are by doing your reserch and using these innovative investments in tandem with you more legacy investments.

Most investors probably think that doing your reserch before buying into an investment is the smart thing to do. Few however know how to conduct this correctly. Many deside just to listen to whom ever appears on tv and tells them something is a good investment. Some even choose to buy because a stock is up. These are not sound methods. When you are think about buying a stock you have to understand it first. When a CEO says they are going to change the world you should be sceptical. Not to the point of ignorance, but you should ask yourself question. Does this CEO have previous experiance leading a team, a successful track record, do they have a sound plan for the future of there company.

To get your financial data you will have to read the available Sec filings, these are the sources any good analyst will get their data from. You will also find all the potential risks of this company in there. They are forced to put these risks in because in the event they do file for bankruptcy, they have to have stated the reason the company failed previously to receive any compensation. They also state the direction they hope to aim the company in as well. You will likely be able to eliminate most unlikely to succeed companies from here.

The next place you want to look is google. You should look over the website to ensure it is perfesonally done. Aldo google all names associated with the management team. The CEO, heads of departments, finical backers If you can. Do these individuals have good track records. Do they often leave projects quickly? This could be a sign them not being team players. You want people who are also in it for the idea not the money. Often these companies will operate at a loss for some time so strong leaders who won’t give up are a must. I personally will only invest if the upper management also owns lots of stock or is paid a large percentage of their income in stock.

Now that you have done the research you should be down to a small amount of business will good odds of survival. Rember with investments anything you can do to reduce your risk will save you in the long run.

Bitcoin is ever expanding it’s way to a viable currency for trade, but where does this growth come from. As it stands today its market cap of 125 billion is too volatile for large business to business transactions. Looking forward over a 5 year period we will see the majority of its growth come from wealth individuals seeking to store their wealth. The reason they would choose Bitcoin over something like gold is simple. Gold is heavy, hard to transport, and of course can be taken away from you easily. In many countries holding thousands or even millions of dollars of gold in your homes can be dangerous. In the event where you may have to sneak out of your country carry a few hundred lbs of gold may be impossible. With Bitcoin as long as you have access to you account, or you have you secure flash drive you will always have your wealth safely with you. Many of the largest acquires of Bitcoin are the same country’s experiencing economic hardship and currency inflation. Turkey, Brizil, Argentina. As inflation of the worlds currency’s increase I predict that through this economic downturn more individuals will turn to Bitcoin. It is safer than any other method for preserving wealth boosting the price into a new crypto bull market. It is important to realize Bitcoin is not a get rich quick scheme, it is a slow transfer of the worlds wealth into a more efficient economic system. Once the market cap reaches 500 billion it will be steady enough for larger buissness to conduct trade with at this point the profit efficiency gains will effect the commodity markets so that anyone not using Bitcoin will be forced to adopt it or else face sales at a loss.

The ethereum 2.0 update will Elevate it to a new level in the crypto world. Currently it’s price ceiling is caused by a combination of the network speed and the gas price per transfer. Network speed at this time is limited to about 15 transactions per second, because of this the time it takes to make a transfer is averaging 5min. The cost in gas is about $.40 per purchase, eliminating everyday things like buying coffee and grocery’s from its logical uses. These glaring faults drive the average consumer to avoid it altogether. This leads us to require a faster way of confirming transactions so that the possible uses can go up as well. The current method of confirming transactions is proof of work. In this method the nodes across the whole network work to confirm blocks that contain the data from transactions. This process takes about 6 minutes. Ethereum 2.0 differs because instead of every node having to confirm a block, a number of stakeholders are selected to confirm a block then in a few seconds they send thousands of confirmation messages. A stakeholder is an owner of ethereum who has chosen to store a minimum of 32 Eth in a smart contract that gives them a percentage return based on their work to maintain their transaction confirmation volume. The stored ethereum acts as an insurance that they will be truthful in their confirmations. This process is about 70x faster than what happens today. raising the ceiling from about 28 billion dollars to 1,860 billion. The price can go much farther than this or it might not reach this amount in the short-term but this is a good rough estimate for the potential of this update. A jump like the could bring ethereum from collectable to currency.