After being up in the air for a long time, a decision was finally made in early 2024: the US stock market supervisory authority granted approval for a total of 11 Bitcoin ETFs to the world’s leading financial product providers. This was a major milestone, heralding the arrival of cryptocurrencies in the world of mainstream finance.
It also means that cryptocurrencies – just like any other asset class – shouldn’t be viewed in isolation, but instead in the context of your own investment portfolio. So first of all, we’ll take a look at four key steps to follow when investing.
- Developing a comprehensive strategy
- Defining market expectations
- Evaluating suitable implementation options
- Continuous monitoring and risk management
We’ll then explore how to actually make crypto investments and look at taxes, fees – and emotions.