'Don't Stress About Timing The Market': Advice For New Investors
The Benzinga Future of Digital Assets event highlighted the importance of breaking down barriers in investing, with leaders exploring ways to expand financial participation. Andrew McCormick, head of eToro US, shared his vision for a more inclusive financial future and a promising outlook for cryptocurrency and technology markets.
Making Investing Accessible to Everyone
McCormick argued that there is a pressing need to increase the number of Americans participating in the stock market. Referencing a recent federal report, he noted that only 58% of the population currently holds investments.
"We want to see more people investing. It's such a great way to break down barriers, give people additional hope and opportunity," he said, emphasizing the role of companies like eToro in encouraging broader engagement.
A Promising Year Ahead for Bitcoin and Technology
Looking forward, McCormick expressed optimism for Bitcoin's performance in the coming year and the role of new technologies in shaping financial systems. "I think it's going to be a huge year for Bitcoin, specifically," he explained. He also highlighted the transformative potential of artificial intelligence, predicting it will dramatically impact everyday life and investment strategies.
McCormick offered a straightforward approach to those hesitant to begin investing. "Don't stress about trying to time the market perfectly. Just get started. Take small steps and learn as you go," he advised. His message underscores the importance of taking initial steps, no matter how small, to build financial confidence over time.
Building Momentum Through Collaboration
As leaders at the event discussed the future of digital assets, McCormick highlighted the value of collaboration in fostering a more inclusive investment environment. His remarks aligned with the conference’s focus on innovative ideas and shared strategies to make investing accessible to a wider audience.
The insights shared at the event reflect a broader movement to empower individuals and reshape how people approach financial markets.
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Posted-In: Andrew McCormick Benzinga Future Of Digital Assets Crypto eToro USCryptocurrency Events Exclusives Interview
