Wednesday, February 13, 2019

Elite Crypto Consulting discusses the value of portfolio management

Elite Crypto Consulting offers personal coaching to help you navigate the complex world of cryptocurrency investing.
On Friday, February 8, Bitcoin gained 7.8 percent, signaling another breakout for this famous cryptocurrency. There is significant evidence that other cryptos are set up nicely for a possible run up as well. How does an investor remain objective about balancing his or her investment portfolio? Elite Crypto Consulting discusses the value of portfolio management.

What is portfolio management?

Portfolio management is the operation of making decisions about investment strategy. It takes into account weighing potential investment growth against potential risks. Portfolio management is both an art and a science. It is all about matching investments to objectives and balancing performance against risk.

The key elements of portfolio management are asset allocation and diversification.

  • Asset allocation: Combining a variety of assets, such as stocks, bonds, and cash is said to reduce risk in the long term. As some investments outperform others, the different categories of assets provides a greater potential for returns.

  • Diversification: Since it is impossible to consistently predict which investments will gain and which will lose, the best approach is to diversify. Mixing a wide variety of investments is thought to pose a lesser risk and in turn yield higher returns.

At Elite Crypto Consulting we will teach you the right way to trade while managing risk. We recognize the value of portfolio management and want to help you learn how to create a balanced portfolio. To help you navigate the world of cryptocurrencies, call the experts at Elite Crypto Consulting today at 1(800) 385-0131. To learn more about the services we offer, visit https://www.elitecryptoconsulting.com.

ADDITIONAL INFORMATION
Personalized Portfolio Management
Wallet Setup and Security
Helpful Cryptocurrency Articles



Wednesday, February 6, 2019

Elite Crypto Consulting: First steps for investing in cryptocurrencies

Elite Crypto Consulting can help you get started in cryptocurrency with the exchange, wallet, and cryptocurrencies that are right for you.
So, you’ve done some research on investing in cryptocurrency, your interest is piqued, and you’re now wondering how to get started. Elite Crypto Consulting outlines the first steps for investing in cryptocurrencies.

You'll need two things to start investing in cryptocurrency:

1) An exchange
An exchange is where you convert your national currency, like the US dollar, into cryptocurrency. Think of it like the stock exchange. At the New York Stock Exchange, cash is converted into stocks (shares of ownership in various publicly-owned corporations).

2) A wallet
A wallet is where you store the cryptocurrency you’ve purchased with your national currency.


Hardware wallets 
  • A hardware wallet is a physical storage device created for holding crypto for the long term. Think of it as a vault. While a hardware wallet is highly secure, it is not the best solution for people who are active traders, because it can take hours or even days to retrieve crypto from them.

While these are just the very basic first steps, Elite Crypto Consulting is here to help you get started in cryptocurrency with the exchange, wallet, and cryptocurrencies that are right for you. Let us show you how to trade while managing risk. We offer personal coaching and portfolio management. To help you navigate the world of cryptocurrencies, call the experts at Elite Crypto Consulting today at 1(800) 385-0131. To learn more about the services we offer, visit https://www.elitecryptoconsulting.com.

ADDITIONAL INFORMATION
Personalized Portfolio Management
Wallet Setup and Security
Helpful Cryptocurrency Articles