Metaverse, The New Reality! Is it? We will know it in the future but I am writing this Blog if it is!!
You might be hearing a lot of times this word, Metaverse. But what it is and why do we need to know about it?
The Next OPPORTUNITY!
Metaverse is a virtual world where one can connect with others from any part of the world just like in the real world from the comfort of your home. We can do a lot more than just connect with people like play games, organize live music concerts and it has many more use cases which can bring big changes to the future.
Metaverse is often linked to Web 3.0, you can search and see how the stock market reacted during the evolution from Web 1.0 to Web 2.0
So we should invest in Metaverse simply because it is a huge opportunity to get in it early and make the best possible returns out of it if it's a success, yes we have to bet on it! as we cannot predict which investment will be successful at this stage. So we should try to invest in a bunch of instruments depending on our risk appetite.
I will suggest watching this movie to get a glimse of Metaverse: Ready Player One
Now let's come to how can we enter this train early, these are the following available investment options we can see right now.
- Stocks
- Crypto Currencies
- ETFs and Mutual Funds of Stock/ETFs of Cryptos
- NFTs
In this blog, we will cover how to identify Stocks and Crypto Currencies that are getting into the Metaverse space.
As we don’t have much time and expertise to research these stocks, I see a simple way to refer to the holdings of the ETFs created by the professionals. We can directly get into ETFs or we can use these ETFs holding companies to create our own portfolio of Metaverse stocks.
Here is one sample for you to refer to: Roundhillinvestments.com
List of Metaverse Tokens: Coinmarketcap.com
This will also be a good opportunity to diversify our portfolio by investing in US Stocks and Crypto Currencies. An important point to remember is, that Crypto is a highly volatile asset, so we can enjoy a very good return from it and also experts suggest allocating Crypto up to 5% only to the portfolio so that we don't incur a big loss if any.
Happy and safe investing!!
Research well before you start investing. I have created this blog based on my experience for learning purpose.