Aside from stocks and bonds, there is potential for investing in digital assets. We look into cryptocurrencies, Bitcoin, and NFTs, and what sets them apart.

In 2023, numbers show that there are about 158 million adults in the United States who have invested in the stock market while there are around 1.68 million in the Philippines that have the same. This is just a fraction of how many people know about it and the importance of investing money in other valuable assets aside from stocks, bonds, and real estate. 

Throughout the years, technology has continuously evolved, bringing with it several innovations that appealed to investors. Among those are cryptocurrencies that led to the rise of blockchain technology which is now used in several different industries. Having first started in 2008, blockchain is now an intriguing concept to some people—especially with the valuable digital assets it holds. 

Despite having an estimated number of 420 million crypto holders and around 360,000 NFT owners around the world, there are still many people who remain clueless about these. But potential investors need to learn more about digital assets and how they differ from one another. By doing so, it will be easier to spot a worthy investment as they can grasp a full understanding of what it is.

With that, here are some of the popular types of digital assets: 

Cryptocurrencies

Investopedia defines cryptocurrency as a digital or virtual currency secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Most cryptocurrencies exist on decentralized networks using blockchain technology—a distributed ledger enforced by a disparate network of computers.

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