Investing in crypto-assets carries risks of liquidity, volatility, and partial or total capital loss. Crypto-assets held are not covered by deposit and securities guarantee mechanisms.
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Coinhouse
Coinhouse SAS with a capital of €210,000, RCS Paris 815 254 545, headquarters: 14 Avenue de l'Opéra 75001 Paris – support@coinhouse.com. Registered with the AMF for activities related to the purchase/sale of digital assets against legal tender, the exchange of digital assets for other digital assets, and the custody of digital assets for third parties under the registration number: E2020-001.
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Company registered with the Paris RCS under the number 914 384 557, registered with the Prudential Control and Resolution Authority as a payment service agent under the number 727503 of the electronic money institution Treezor, headquartered at 33 Avenue de Wagram, 75017 Paris.
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Looking for ways to earn extra income?
Then you need to learn how to invest your money!
This involves using a certain amount of money to buy an investment product over a given period of time.
But how can you invest your money properly?
If you follow finance news at all, then you’ve probably already heard of the principle of “not putting all your eggs in one basket”!
In practical terms, this means it’s important to diversify your investments.
By investing in different products, you minimize the risk of loss.
Indeed, if a financial product doesn’t yield as much as hoped (or worse, loses value), another investment will enable you to compensate.
But what are the most profitable investments in 2024?
There are a number of high-potential financial investments, from the more traditional ones such as savings, stocks and bonds, real estate, to alternative investments such as precious metals, start-ups and venture capital.
But recently, a new type of investment has been gaining momentum: cryptocurrencies! Find out how to invest your money in 2024 using several high-yield investments.
Discover 3 ways toinvest your money the traditional way.
Each bank has different savings and account solutions.
Current accounts are generally non-interest-bearing, but this is not the case for regulated savings books such as the Livret A, PEL and Livret Jeune.
When you put money into these accounts, you earn interest.
At present, the interest rate on the Livret A is 3%.
While this is not the most efficient solution, it is still profitable, especially in times of inflation.
In fact, regulated passbook rates are indexed to inflation.
In concrete terms, the higher the rate of inflation, the more interest you earn.
For example, the Livret A rate rose from 0.5% in February 2022 to 3% today.
With inflation back below 3%, this means that the return on the Livret A is positive in 2024.
Other passbooks (such as the LEP) offer better returns, but meet certain eligibility criteria.
Another way to invest your money is in stocks or bonds.
The principle is similar, but the two markets are quite different.
By buying shares via a PEA (Plan d’Epargne en Actions), you become the owner of a part of a private company.
The return on your investment depends on the share price, which in turn depends on the company’s performance.
Buying bonds, on the other hand, involves “lending” your money to institutions.
In general, investing in bonds is less risky than in shares, since your money is not subject to market volatility.
On the other hand, returns are often lower.
Investing in stocks or bonds is therefore a way of earning passive income.
However, this type of investment remains risky, and requires some prior knowledge.
What’s more, the taxation associated with these investments is complex and fluctuates regularly.
At present, income from the bond market has been taxable under the PFU (Prélèvement Forfaitaire Unique) since 2018, at the overall rate of 30% (12.8% + 17.2% social security levies).
As for income from a PEA, it is taxable under the PFU if you make withdrawals within 5 years of opening it (first payment).
The tax rate is similar to that on bonds, i.e. 30% (12.8% + 17.2% social security contributions).
When it comes to investing and generating passive income, real estate is a popular choice.
When you rent out an apartment or house, you earn rental income.
Another way to make money in real estate is to take advantage of property speculation and buy a property in order to resell it at a higher price.
Unlike savings, stocks and bonds, real estate allows you to invest in “stone”, i.e. a tangible asset.
But investing in real estate isn’t easy.
Given property prices and the recent surge in interest rates, it’s not an investment that everyone can afford.
Taxes have risen sharply in recent years, and regulations are becoming increasingly restrictive, particularly for rental investments.
What’s more, managing a rental property is time-consuming and involves risks (vacancies, unpaid rent, etc.).
Property prices also fluctuate regularly, and can fall sharply, as has recently been the case in major French cities.
Finally, real estate investment is not very liquid.
In the event of a setback or a change of strategy, you’ll need time to sell your property and invest in another product.
In addition to traditional means, there are other more specific ways to invest your money.
You can invest your money in the precious metals market.
You can buy shares ingold, silver and other precious metals.
This is a very popular investment, as it involves materials considered to be safe-haven assets (particularly gold).
This means that their price is uncorrelated with macroeconomic conditions, and therefore protected against stock market crashes, for example. The price of gold has risen by more than 50% over the past 5 years, despite negative events such as COVID and the war in Ukraine.
In fact, at the time of the invasion of Ukraine in February 2022, the price of gold rose sharply as the main stock markets plunged into the red.
However, this type of investment is relatively complex and not recommended for beginners.
To access the precious metals markets, you need to work with brokers and be familiar with the concepts of CFDs, spot contracts, futures, etc.
If you opt to buy physical gold, you need to go through specialized services that manage storage.
What’s more, this is an illiquid investment.
Finally, as a safe-haven asset, the price of these precious materials does tend to rise over time, but remains relatively volatile.
Compared with equities or cryptos, the return on these precious materials is therefore lower.
A final alternative way to invest your money is in start-ups or venture capital.
By providing cash to these fledgling structures, you participate in their development.
Depending on their success, your investment will increase in value.
In the ideal case of a stock market flotation, you can even earn a lot of money.
However, this type of investment is risky.
It requires you to have a broad view of the market, and to be able to track down the little guys who have the potential to become tomorrow’s leaders.
In other words, to invest successfully in start-ups, you generally need reliable, highly specific information that is not readily available.
Propelled into the spotlight by Bitcoin(live Bitcoin price), cryptocurrencies are an investment with very high potential.
A cryptocurrency is a digital asset that operates on a blockchain.
This technology enables cryptos to manage transactions in a decentralized way, i.e. without the intervention of a third-party agency such as a bank.
Bitcoin was the first cryptocurrency to be created.
It is also the largest, with a market capitalization of 1,150 billion euros.
But there are thousands of different coins (tokens or cryptos) on the market, each with its own characteristics (technology, usefulness, etc.).
Crypto has gained in popularity, particularly since the bull run of 2020.
Adoption continued to grow in 2024, with a new record price for Bitcoin and the arrival of the first crypto ETFs (Bitcoin, Ethereum).
Cryptos are very popular with investors looking to diversify their portfolios.
Why is this?
With blockchain, cryptos are decentralized assets.
Unlike fiat money, they are therefore not sensitive to decisions made by central banks, which reassures investors.
For example, they do not run the risk of devaluation as is the case with fiat money with the money printing policy particularly in times of inflation.
The price of cryptos depends mainly on the law of supply and demand. It is therefore more volatile than that of equities or gold , for example, which opens up the prospect of rapid, high returns.
The arrival of an update, a buzz created on social networks, an important announcement, a bull run… many factors contribute to making crypto prices explode.
Since the beginning of 2024, the price of Bitcoin and Ethereum have risen by 48% and 50% respectively – more than gold in 5 years!
Last but not least, investing in crypto means betting on blockchain and its immense disruptive potential.
In fact, more and more traditional industries and financial institutions are adopting blockchain.
What’s more, it provides a suitable architecture for other technologies of the future, such asArtificial Intelligence (AI), metavers, etc.
Like any investment, cryptos carry risks.
For example, high price volatility means you can gain a lot quickly, but you can also… lose!
While many new projects regularly enter the market, others also disappear.
So it’s important toinvest in reliable cryptos and to know how to spot promising crypto projects, which can be tricky.
What’s more, crypto remains an emerging market, still in the process of being structured.
While the first regulations are starting to arrive, it will still be some time before they are applied and harmonized with other countries.
That’s why we recommend choosing a platform with a reputation for reliability and a long track record.
The security of your cryptos depends on it!
It’s also important that you learn some crypto basics, including how to use a cold wallet, the safest type of crypto wallet for storing your coins today.
Coinhouse is a leading crypto player in France.
Present for many years, Coinhouse is a crypto buying and selling platform designed specifically for the French market.
It offers a high level of security and easy-to-use crypto services thanks to its fluid, beginner-friendly interface.
A sign of its seriousness, Coinhouse is the first crypto platform in France to have obtained PSAN registration from the Autorité des Marchés Financiers (AMF).
What’s more, Coinhouse boasts efficient customer service.
Highly praised by most of its users, customer support is based in France and staffed by analysts who will answer you in French, something still rare in the crypto field.
For training purposes, you’ll also find a wealth of educational resources.
Last but not least, the French crypto leader offers you a wide choice of coins (56).
In addition to buying and selling cryptos, you can access additional services such as staking, crypto savings, etc.
There are many ways to invest your money and earn additional income. As explained in this article, there are classic products such as savings, stocks and bonds, and real estate. If you’re looking for alternative solutions, you can invest in start-ups and venture capital, or in the commodities market, focusing on safe-haven assets such as gold and silver. Finally, you can follow the current groundswell of investors flocking to cryptocurrency. Simple, new, high returns, innovative technology… the crypto market is a unique opportunity for investors. To invest your money in 2024, we recommend diversifying products. By doing so, you minimize risk and optimize returns. Explore different investment solutions and build your portfolio! As the crypto market will be very buoyant in 2024, we advise you to take a special interest in the crypto domain and include it in your portfolio. For a secure investment, use the services of Coinhouse, the French leader in crypto trading.
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